# EDGAR Filing Document

**Accession Number:** 0001781495
**File Stem:** 0001104659-23-000761
**Filing Date:** 2023-1
**Character Count:** 5106882
**Document Hash:** e00451c162270867b58c72ffb93a87d9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-000761.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001104659-23-000761

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

**PUBLIC DOCUMENT COUNT**: 85

**CONFORMED PERIOD OF REPORT**: 20230104

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

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

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

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VMC Asset Depositor, LLC
- **CENTRAL INDEX KEY:** 0001781495
- **IRS NUMBER:** 842208933
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-04604
- **FILM NUMBER:** 23505392

**BUSINESS ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** (202) 534-1815

**MAIL ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VMC Asset Depositor, LLC
- **CENTRAL INDEX KEY:** 0001781495
- **IRS NUMBER:** 842208933
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** (202) 534-1815

**MAIL ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VMC Asset Depositor, LLC
- **CENTRAL INDEX KEY:** 0001781495
- **IRS NUMBER:** 842208933
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-04604

**BUSINESS ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** (202) 534-1815

**MAIL ADDRESS:**
- **STREET 1:** 2001 M STREET NW
- **STREET 2:** SUITE 300
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER**

**REPORT PURSUANT TO SECTION 15G OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

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 earliest event reported) ________________________________

Commission File Number of securitizer: ________________________________

Central Index Key Number of securitizer: _______________________________

Name and telephone number, including area code, of the person to

contact in connection with this filing.

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [ ]

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) [ ]

[X] Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001781495

**Verus Securitization Trust 2023-1**

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

Central Index Key Number of issuing entity (if applicable): Not applicable

Central Index Key Number of underwriter (if applicable): Not applicable

Robert Konigsberg

(202) 534-1815

Name and telephone number, including area code, of the person to

contact in connection with this filing

**PART I: REPRESENTATION AND WARRANTY INFORMATION**

**Item 1.01 Initial Filing of Rule 15Ga-1 Representations and Warranties Disclosure** 

N/A

**Item 1.02 Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure** 

N/A

**Item 1.03 Notice of Termination of Duty to File Reports under Rule 15Ga-1** 

N/A

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

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

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

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

N/A

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| [99.1](tm2233586d1_ex99-1.htm) | [AMC Diligence, LLC ("AMC") Due Diligence Executive Summary](tm2233586d1_ex99-1.htm) |
| [99.2](tm2233586d1_ex99-2.htm) | [AMC Data Compare Report](tm2233586d1_ex99-2.htm) |
| [99.3](tm2233586d1_ex99-3.htm) | [AMC Exception Grades](tm2233586d1_ex99-3.htm) |
| [99.4](tm2233586d1_ex99-4.htm) | [AMC Rating Agency Grades](tm2233586d1_ex99-4.htm) |
| [99.5](tm2233586d1_ex99-5.htm) | [AMC QM-ATR Diligence Report](tm2233586d1_ex99-5.htm) |
| [99.6](tm2233586d1_ex99-6.htm) | [AMC Valuation Report](tm2233586d1_ex99-6.htm) |
| [99.7](tm2233586d1_ex99-7.htm) | [AMC Supplemental Data](tm2233586d1_ex99-7.htm) |
| [99.8](tm2233586d1_ex99-8.htm) | [AMC Tax and Title Report](tm2233586d1_ex99-8.htm) |
| [99.9](tm2233586d1_ex99-9.htm) | [Clayton Services LLC ("Clayton") Due Diligence Narrative Report](tm2233586d1_ex99-9.htm) |
| [99.10](tm2233586d1_ex99-10.htm) | [Clayton Conditions Report](tm2233586d1_ex99-10.htm) |
| [99.11](tm2233586d1_ex99-11.htm) | [Clayton Loan Level Tape Compare Upload](tm2233586d1_ex99-11.htm) |
| [99.12](tm2233586d1_ex99-12.htm) | [Clayton Non ATR QM Upload](tm2233586d1_ex99-12.htm) |
| [99.13](tm2233586d1_ex99-13.htm) | [Clayton Rating Agency Grades Report](tm2233586d1_ex99-13.htm) |
| [99.14](tm2233586d1_ex99-14.htm) | [Clayton Valuations Summary](tm2233586d1_ex99-14.htm) |
| [99.15](tm2233586d1_ex99-15.htm) | [Clarifii LLC ("Clarifii") Executive Summary](tm2233586d1_ex99-15.htm) |
| [99.16](tm2233586d1_ex99-16.htm) | [Clarifii Rating Agency Grades Detail Report](tm2233586d1_ex99-16.htm) |
| [99.17](tm2233586d1_ex99-17.htm) | [Clarifii Rating Agency Grades Summary Report](tm2233586d1_ex99-17.htm) |
| [99.18](tm2233586d1_ex99-18.htm) | [Clarifii Data Compare Report](tm2233586d1_ex99-18.htm) |
| [99.19](tm2233586d1_ex99-19.htm) | [Clarifii ATR QM Report](tm2233586d1_ex99-19.htm) |
| [99.20](tm2233586d1_ex99-20.htm) | [Clarifii Valuation Report](tm2233586d1_ex99-20.htm) |
| [99.21](tm2233586d1_ex99-21.htm) | [Recovco Mortgage Management, LLC ("Recovco") Executive Summary](tm2233586d1_ex99-21.htm) |
| [99.22](tm2233586d1_ex99-22.htm) | [Recovco Exception Level](tm2233586d1_ex99-22.htm) |
| [99.23](tm2233586d1_ex99-23.htm) | [Recovco Rating Agency Grading](tm2233586d1_ex99-23.htm) |
| [99.24](tm2233586d1_ex99-24.htm) | [Recovco Data Comparison](tm2233586d1_ex99-24.htm) |
| [99.25](tm2233586d1_ex99-25.htm) | [Recovco QM-ATR QM Report](tm2233586d1_ex99-25.htm) |
| [99.26](tm2233586d1_ex99-26.htm) | [Recovco Valuation Report](tm2233586d1_ex99-26.htm) |
| [99.27](tm2233586d1_ex99-27.htm) | [Selene Diligence LLC ("Selene") Due Diligence Review Narrative](tm2233586d1_ex99-27.htm) |
| [99.28](tm2233586d1_ex99-28.htm) | [Selene Standard Findings Report](tm2233586d1_ex99-28.htm) |
| [99.29](tm2233586d1_ex99-29.htm) | [Selene Rating Agency Grades Report](tm2233586d1_ex99-29.htm) |
| [99.30](tm2233586d1_ex99-30.htm) | [Selene Data Compare Report](tm2233586d1_ex99-30.htm) |
| [99.31](tm2233586d1_ex99-31.htm) | [Selene ATR QM Data Fields](tm2233586d1_ex99-31.htm) |
| [99.32](tm2233586d1_ex99-32.htm) | [Selene Valuations Report](tm2233586d1_ex99-32.htm) |
| [99.33](tm2233586d1_ex99-33.htm) | [Canopy Financial Technology Partners, LLC ("Canopy") Narrative](tm2233586d1_ex99-33.htm) |
| [99.34](tm2233586d1_ex99-34.htm) | [Canopy Exceptions Report](tm2233586d1_ex99-34.htm) |
| [99.35](tm2233586d1_ex99-35.htm) | [Canopy Rating Agency Grades](tm2233586d1_ex99-35.htm) |
| [99.36](tm2233586d1_ex99-36.htm) | [Canopy Data Compare](tm2233586d1_ex99-36.htm) |
| [99.37](tm2233586d1_ex99-37.htm) | [Canopy ATR QM Report](tm2233586d1_ex99-37.htm) |
| [99.38](tm2233586d1_ex99-38.htm) | [Canopy Valuation Report](tm2233586d1_ex99-38.htm) |
| [99.39](tm2233586d1_ex99-39.htm) | [Mission Global, LLC ("Mission") Due Diligence Review Narrative Summary](tm2233586d1_ex99-39.htm) |
| [99.40](tm2233586d1_ex99-40.htm) | [Mission Exception Grade Detail Report](tm2233586d1_ex99-40.htm) |
| [99.41](tm2233586d1_ex99-41.htm) | [Mission Rating Agency Grades](tm2233586d1_ex99-41.htm) |
| [99.42](tm2233586d1_ex99-42.htm) | [Mission Data Compare](tm2233586d1_ex99-42.htm) |
| [99.43](tm2233586d1_ex99-43.htm) | [Mission QM ATR Report](tm2233586d1_ex99-43.htm) |
| [99.44](tm2233586d1_ex99-44.htm) | [Mission Valuation Report](tm2233586d1_ex99-44.htm) |
| [99.45](tm2233586d1_ex99-45.htm) | [The StoneHill Group, Inc. ("TSG") Narrative](tm2233586d1_ex99-45.htm) |
| [99.46](tm2233586d1_ex99-46.htm) | [TSG Rating Agency Grades Detail Report](tm2233586d1_ex99-46.htm) |
| [99.47](tm2233586d1_ex99-47.htm) | [TSG Rating Agency Grades Summary Report](tm2233586d1_ex99-47.htm) |
| [99.48](tm2233586d1_ex99-48.htm) | [TSG Data Compare Report](tm2233586d1_ex99-48.htm) |
| [99.49](tm2233586d1_ex99-49.htm) | [TSG ATR QM Report](tm2233586d1_ex99-49.htm) |

---

---

| | |
|:---|:---|
| [99.50](tm2233586d1_ex99-50.htm) | [TSG Valuation Report](tm2233586d1_ex99-50.htm) |
| [99.51](tm2233586d1_ex99-51.htm) | [Opus Capital Markets Consultants, LLC ("Opus") Due Diligence Executive Summary](tm2233586d1_ex99-51.htm) |
| [99.52](tm2233586d1_ex99-52.htm) | [Opus Exception Report](tm2233586d1_ex99-52.htm) |
| [99.53](tm2233586d1_ex99-53.htm) | [Opus Data Compare](tm2233586d1_ex99-53.htm) |
| [99.54](tm2233586d1_ex99-54.htm) | [Opus Rating Agency Grades](tm2233586d1_ex99-54.htm) |
| [99.55](tm2233586d1_ex99-55.htm) | [Opus ATR Report](tm2233586d1_ex99-55.htm) |
| [99.56](tm2233586d1_ex99-56.htm) | [Opus Valuation Report](tm2233586d1_ex99-56.htm) |

---

**SIGNATURE**

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.

Date: January 4, 2023

---

| | | |
|:---|:---|:---|
| VMC ASSET DEPOSITOR, LLC | VMC ASSET DEPOSITOR, LLC | VMC ASSET DEPOSITOR, LLC |
| By: | /s/ | Robert Konigsberg |
|  | Name: | Robert Konigsberg |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1** 

**AMC Diligence, LLC ("AMC") Due Diligence Executive Summary**

![](tm2233586d1_ex99-1img001.jpg)

------

**EXECUTIVE SUMMARY**

**DESCRIPTION OF SERVICES**

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

AMC Diligence, LLC ("AMC") performed the due diligence services described below (the "Review") on residential mortgage loans originated by multiple correspondent lenders and acquired directly (or indirectly through Delaware statutory trusts) on a flow or mini-bulk basis by VMC Asset Pooler, LLC, 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 from June 2021 through November 2022 on mortgage loans with origination dates from October 2016 through October 2022 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 six hundred forty-five (645) mortgage loans totaling an aggregate original principal balance of approximately $343.491 million. To AMC's knowledge, the Review covered 100% of the securitization loan population.

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

The Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), Kroll Bond Rating Agency, LLC ("KBRA"), 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;Index Type | &nbsp;&nbsp;Original CLTV |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;Original Interest Rate |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;Original Loan Amount |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;Interest Rate Initial Floor | &nbsp;&nbsp;Original LTV |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Interest Rate Initial Maximum | &nbsp;&nbsp;Original P&I |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;Interest Rate Life Cap | &nbsp;&nbsp;Original Term |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;Interest Rate Life Floor | &nbsp;&nbsp;Prepayment Penalty Period (months) |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;Product Description |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;Purpose |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;Margin | &nbsp;&nbsp;Refi Purpose |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Representative FICO |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;Next Interest Rate Change Date | &nbsp;&nbsp;State |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Street |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Occupancy | &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.**

1 \| Page

![](tm2233586d1_ex99-1img001.jpg)

------

Of specific note, there were three hundred seventy-four (374) loans where the income was verified, and a DTI was calculated Credit and Compliance Scope. The Client's program allowed for income documentation to be provided via bank statements, CPA letters and P&Ls. Within this securitization, thirty-four (34) mortgage loans utilized twenty-four (24) or more months of bank statements, one hundred twenty-seven (127) mortgage loans utilized twelve (12) through twenty-three (23) months of bank statements, twenty-four (24) mortgage loans utilized twenty-four (24) or more months of P&L income, and sixty-two (62) mortgage loan utilized twelve (12) months of P&L income. There were seven (7) mortgage loans that were considered asset depletion loans. The rest of the loans were underwritten to tax returns, W-2s, 1099s or traditional methods of documentation with nine (9) mortgage loans only having 12 months of income verification.

There were two hundred seventy-one (271) mortgage loans that are considered Business Purpose/Property Focused Investor Loans. All two hundred seventy-one (271) mortgage loans have a DSCR calculation.

**<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.

**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 mortgage loans are manually underwritten with documentation requirements determined by the guidelines and not AUS findings.

2 \| Page

![](tm2233586d1_ex99-1img001.jpg)

------

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

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

**Fraud Review:** AMC reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, AMC conditioned the mortgage loan for the missing fraud report product.

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

**Title Review:** AMC's review included a review of the chain of title and the duration of ownership by the seller or borrower (whichever is applicable) 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.

3 \| Page

![](tm2233586d1_ex99-1img001.jpg)

------

▪ 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.

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

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| | | |
|:---|:---|:---|
| &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 |  |

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

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

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

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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.

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:**

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&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).

&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> 

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&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.

&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;

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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.

&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

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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:

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

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|:---|:---|
| 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 |

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|:---|:---|
| 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. |

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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 is reflected in the reports.

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

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

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

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

 

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

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

 

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

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

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

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

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

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

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

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

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

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

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

**(X) Recording Review**

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

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

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**(XI) FIRREA Review**

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

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

**(XII) Document Review**

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ 4506T;

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Appraisal;

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final 1003;

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Note;

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

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

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

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

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

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;▪ Final TIL;

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

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

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

**<u>(8) Other: review and methodology.</u>**

**<u>Title Review</u>**

As requested by the Client, a title review was included in SitusAMC's scope of review. To facilitate this review, the Client provided SitusAMC with identifying data on the population of mortgage loans. Data provided by the client, included mortgage loan and servicer identification numbers as well as subject property address, borrower names, origination date, original mortgage loan amount for the subject mortgage and title policies from origination as it relates to the subject mortgage. Using the data provided, SitusAMC ordered a current owner's title search on these mortgage loans through a service provider. Upon receipt and review of the current owner's title search results, SitusAMC identified whether the subject mortgage was of record, whether any deed vesting concerns of substance were present, and whether the title search report revealed any liens and/or judgments which could affect the seniority of the subject mortgage, including potentially superior post origination liens and/or judgments such as Property Tax Liens, Municipal Liens, and Association Super Liens. SitusAMC reviewed the title policies for all liens and/or judgments that were recorded before the recordation of the subject mortgage to determine if any identifiable liens and/or judgments were listed as an exception on schedule B of the applicable title policies.

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

**(9) Disclaimer.**

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

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

**SUMMARY OF FINDINGS AND CONCLUSIONS** 

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the NRSROs listed in the Form ABS Due Diligence-15E, KBRA and S&P.

**OVERALL REVIEW RESULTS SUMMARY** 

Of the six hundred forty-five (645) mortgage loans reviewed, six hundred forty-one (641) mortgage loans (99.38%) received an overall "A" or "B" grade, three (3) mortgage loans (0.47%) received a "C" grade because of TRID defect, and one (1) mortgage loan (0.16%) received a "D" grade because an exterior-only appraisal was used for primary valuation.

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&nbsp;&nbsp;**Overall Loan Grades**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;188 | &nbsp;&nbsp;29.15% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;453 | &nbsp;&nbsp;70.23% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.47% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.16% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** |

---

**COMPLIANCE RESULTS SUMMARY**

Of the three hundred seventy-four (374) mortgage loans reviewed for compliance, three hundred seventy-one (371) mortgage loans (99.20%) of the Loans subjected to a Compliance Review received an "A" or "B" compliance grade. Three (3) mortgage loans (0.80%) received a "C" compliance grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Loan Grades** | &nbsp;&nbsp;**Compliance Loan Grades** | &nbsp;&nbsp;**Compliance Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;90 | &nbsp;&nbsp;24.06% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;281 | &nbsp;&nbsp;75.13% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;3 | &nbsp;&nbsp;0.80% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**374** | &nbsp;&nbsp;**100.00%** |

---

**CREDIT RESULTS SUMMARY**

All six hundred forty-five (645) mortgage loans reviewed received an "A" or "B" credit grade, and three hundred thirty-five (335) mortgage loans or 51.94% received an "A" credit grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Loan Grades** | &nbsp;&nbsp;**Credit Loan Grades** | &nbsp;&nbsp;**Credit Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of<br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;335 | &nbsp;&nbsp;51.94% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;310 | &nbsp;&nbsp;48.06% |
| &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;**645** | &nbsp;&nbsp;**100.00%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

Of the six hundred forty-five (645) mortgage loans reviewed, six hundred forty-four (644) mortgage loans (99.84%) have a property grade of "B" or higher, and one (1) mortgage loan (0.16%) received a property "D" because an exterior-only appraisal was used for primary valuation.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Loan Grades** | &nbsp;&nbsp;**Property Loan Grades** | &nbsp;&nbsp;**Property Loan Grades** |
| &nbsp;&nbsp;**Final Loan Grade** | &nbsp;&nbsp;**# of <br> Loans** | &nbsp;&nbsp;**% of <br> Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;627 | &nbsp;&nbsp;97.21% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;17 | &nbsp;&nbsp;2.64% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.16% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** |

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**EXCEPTION CATEGORY SUMMARY** 

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

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Exception <br> Type** | &nbsp;&nbsp;**Final<br> Exception <br> Rating** | &nbsp;&nbsp;**Exception Category** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;C | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;C | &nbsp;&nbsp;TILA | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;C | &nbsp;&nbsp;***Total Compliance Grade (C) Exceptions:*** | &nbsp;&nbsp;***5*** |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ECOA | &nbsp;&nbsp;145 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;GSE | &nbsp;&nbsp;115 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;RESPA | &nbsp;&nbsp;83 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID Defect | &nbsp;&nbsp;83 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State HPML | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Federal HPML | &nbsp;&nbsp;36 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Non-Required Data | &nbsp;&nbsp;19 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;FACTA | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM Defect | &nbsp;&nbsp;15 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Misc. State Level | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;TRID | &nbsp;&nbsp;10 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Disclosure | &nbsp;&nbsp;8 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete HUD-1 | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Defect | &nbsp;&nbsp;4 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;State Late Charge | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing, Incorrect, or Incomplete Final or Initial 1003 | &nbsp;&nbsp;3 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;ATR/QM | &nbsp;&nbsp;1 |
| &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;Missing Required Data (other than HUD-1 or Note) | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Compliance | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Compliance Grade (B) Exceptions:*** | &nbsp;&nbsp;***617*** |
| &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**Total Compliance Exceptions:** | &nbsp;&nbsp;**622** |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Guideline | &nbsp;&nbsp;254 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Missing Document | &nbsp;&nbsp;49 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Borrower and Mortgage Eligibility | &nbsp;&nbsp;37 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Loan Package Documentation | &nbsp;&nbsp;35 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Credit | &nbsp;&nbsp;32 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Insurance | &nbsp;&nbsp;24 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Asset | &nbsp;&nbsp;19 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Income / Employment | &nbsp;&nbsp;16 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Appraisal Reconciliation | &nbsp;&nbsp;12 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;9 |
| &nbsp;&nbsp;Credit | &nbsp;&nbsp;B | &nbsp;&nbsp;Hazard Insurance | &nbsp;&nbsp;2 |

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| | | | |
|:---|:---|:---|:---|
| | | &nbsp;&nbsp;Title | &nbsp;&nbsp;2 |
| | | &nbsp;&nbsp;Employment | &nbsp;&nbsp;2 |
| | | &nbsp;&nbsp;System | &nbsp;&nbsp;2 |
| | | &nbsp;&nbsp;1003 | &nbsp;&nbsp;1 |
| | | &nbsp;&nbsp;Income | &nbsp;&nbsp;1 |
|  |  | &nbsp;&nbsp;***Total Credit Grade (B) Exceptions:*** | &nbsp;&nbsp;***497*** |
| &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**Total Credit Exceptions:** | &nbsp;&nbsp;**497** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;D | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;D | &nbsp;&nbsp;***Total Property Grade (D) Exceptions:*** | &nbsp;&nbsp;***1*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;C | &nbsp;&nbsp;Appraisal Reconciliation | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;C | &nbsp;&nbsp;***Total Property Grade (C) Exceptions:*** | &nbsp;&nbsp;***1*** |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;Property - Appraisal | &nbsp;&nbsp;17 |
| &nbsp;&nbsp;Property | &nbsp;&nbsp;B | &nbsp;&nbsp;***Total Property Grade (B) Exceptions:*** | &nbsp;&nbsp;***17*** |
| &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**Total Property Exceptions:** | &nbsp;&nbsp;**19** |
| &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**Grand Total:** | &nbsp;&nbsp;**1138** |

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**TAPE INTEGRITY REVIEW RESULTS SUMMARY** 

Of the six hundred forty-five (645) mortgage loans, six hundred forty (640) unique Loans had two thousand three hundred ninety-six (2,396) different tape discrepancies across thirty-eight (38) data fields (some Loans had more than one data delta). The largest variances were found on appraised value, Cash From Borrower, Property Type and Cash To Borrower 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;28 | &nbsp;&nbsp;644 | &nbsp;&nbsp;4.35% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;17 | &nbsp;&nbsp;645 | &nbsp;&nbsp;2.64% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;644 | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Appraisal Effective Date | &nbsp;&nbsp;38 | &nbsp;&nbsp;147 | &nbsp;&nbsp;25.85% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;112 | &nbsp;&nbsp;644 | &nbsp;&nbsp;17.39% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;27 | &nbsp;&nbsp;590 | &nbsp;&nbsp;4.58% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Borrower FTHB | &nbsp;&nbsp;79 | &nbsp;&nbsp;521 | &nbsp;&nbsp;15.16% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;99 | &nbsp;&nbsp;643 | &nbsp;&nbsp;15.40% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Borrower SSN | &nbsp;&nbsp;100 | &nbsp;&nbsp;433 | &nbsp;&nbsp;23.09% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Cash From Borrower | &nbsp;&nbsp;392 | &nbsp;&nbsp;644 | &nbsp;&nbsp;60.87% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Cash To Borrower | &nbsp;&nbsp;215 | &nbsp;&nbsp;254 | &nbsp;&nbsp;84.65% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;City | &nbsp;&nbsp;18 | &nbsp;&nbsp;644 | &nbsp;&nbsp;2.80% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;51 | &nbsp;&nbsp;468 | &nbsp;&nbsp;10.90% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Doc Type | &nbsp;&nbsp;84 | &nbsp;&nbsp;312 | &nbsp;&nbsp;26.92% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;199 | &nbsp;&nbsp;470 | &nbsp;&nbsp;42.34% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Index Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;7 | &nbsp;&nbsp;644 | &nbsp;&nbsp;1.09% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Interest Only Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;87 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Interest Rate Initial Floor | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Interest Rate Initial Maximum | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Interest Rate Life Cap | &nbsp;&nbsp;51 | &nbsp;&nbsp;166 | &nbsp;&nbsp;30.72% | &nbsp;&nbsp;645 |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Interest Rate Life Floor | &nbsp;&nbsp;16 | &nbsp;&nbsp;19 | &nbsp;&nbsp;84.21% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Investor: Qualifying Total Debt Ratio | &nbsp;&nbsp;193 | &nbsp;&nbsp;354 | &nbsp;&nbsp;54.52% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;644 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;LTV Valuation Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;49 | &nbsp;&nbsp;70 | &nbsp;&nbsp;70.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;32 | &nbsp;&nbsp;164 | &nbsp;&nbsp;19.51% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Next Interest Rate Change Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;1 | &nbsp;&nbsp;644 | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original CLTV | &nbsp;&nbsp;39 | &nbsp;&nbsp;644 | &nbsp;&nbsp;6.06% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original Interest Rate | &nbsp;&nbsp;17 | &nbsp;&nbsp;645 | &nbsp;&nbsp;2.64% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;34 | &nbsp;&nbsp;645 | &nbsp;&nbsp;5.27% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;40 | &nbsp;&nbsp;645 | &nbsp;&nbsp;6.20% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;35 | &nbsp;&nbsp;156 | &nbsp;&nbsp;22.44% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Original Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;645 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Prepayment Penalty Period (months) | &nbsp;&nbsp;10 | &nbsp;&nbsp;273 | &nbsp;&nbsp;3.66% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Product Description | &nbsp;&nbsp;0 | &nbsp;&nbsp;644 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;240 | &nbsp;&nbsp;619 | &nbsp;&nbsp;38.77% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;2 | &nbsp;&nbsp;645 | &nbsp;&nbsp;0.31% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;12 | &nbsp;&nbsp;254 | &nbsp;&nbsp;4.72% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Representative FICO | &nbsp;&nbsp;78 | &nbsp;&nbsp;631 | &nbsp;&nbsp;12.36% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;State | &nbsp;&nbsp;1 | &nbsp;&nbsp;645 | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Street | &nbsp;&nbsp;50 | &nbsp;&nbsp;644 | &nbsp;&nbsp;7.76% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;26 | &nbsp;&nbsp;644 | &nbsp;&nbsp;4.04% | &nbsp;&nbsp;645 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2396** | &nbsp;&nbsp;**18881** | &nbsp;&nbsp;**12.69%** | &nbsp;&nbsp;**645** |

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**SitusAMC TITLE REVIEW SUMMARY (11 Mortgage Loans)**

As part of the due diligence services, the Client provided SitusAMC with identifying data on eleven (11) mortgage loans. Based on the scope of review set forth herein, the critical findings are summarized as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· There are no potential issues surrounding origination deed
vesting concerns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· There are no potential issues surrounding delinquent property
taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· No unresolved Super Position HOA Liens recorded after the
subject mortgage which were entitled to limited or full lien priority over the subject mortgage were identified.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Except for 3 Municipal Liens across 1 loan file, there are
no unresolved Municipal Liens which had limited or full lien priority over the subject mortgage were located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· No unresolved Property Tax Liens which had limited or full
lien priority over the subject mortgage were located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· All Prior Liens identified in
our review have been resolved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· All Prior Mortgages identified
in our review have been resolved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· As to any Miscellaneous Items
of substance, the items in this category typically defy standard categorization or summarization and are individually detailed.

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

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;575 | &nbsp;&nbsp;89.15% | &nbsp;&nbsp;$299047463.00 | &nbsp;&nbsp;87.06% |
| &nbsp;&nbsp;Adjustable | &nbsp;&nbsp;70 | &nbsp;&nbsp;10.85% | &nbsp;&nbsp;$44443398.00 | &nbsp;&nbsp;12.94% |

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![](tm2233586d1_ex99-1img001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &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;645 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$343490861.00 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &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;220 | &nbsp;&nbsp;34.11% | &nbsp;&nbsp;$102017917.00 | &nbsp;&nbsp;29.70% |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;106 | &nbsp;&nbsp;16.43% | &nbsp;&nbsp;$62064791.00 | &nbsp;&nbsp;18.07% |
| &nbsp;&nbsp;Other-than-first-time Home Purchase | &nbsp;&nbsp;285 | &nbsp;&nbsp;44.19% | &nbsp;&nbsp;$162166603.00 | &nbsp;&nbsp;47.21% |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;34 | &nbsp;&nbsp;5.27% | &nbsp;&nbsp;$17241550.00 | &nbsp;&nbsp;5.02% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &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;121-180 Months | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.16% | &nbsp;&nbsp;$204750.00 | &nbsp;&nbsp;0.06% |
| &nbsp;&nbsp;181-240 Months | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.31% | &nbsp;&nbsp;$765600.00 | &nbsp;&nbsp;0.22% |
| &nbsp;&nbsp;241-360 Months | &nbsp;&nbsp;618 | &nbsp;&nbsp;95.81% | &nbsp;&nbsp;$320334261.00 | &nbsp;&nbsp;93.26% |
| &nbsp;&nbsp;361+ Months | &nbsp;&nbsp;24 | &nbsp;&nbsp;3.72% | &nbsp;&nbsp;$22186250.00 | &nbsp;&nbsp;6.46% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &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;326 | &nbsp;&nbsp;50.54% | &nbsp;&nbsp;$186704712.00 | &nbsp;&nbsp;54.36% |
| &nbsp;&nbsp;Condo, Low Rise | &nbsp;&nbsp;65 | &nbsp;&nbsp;10.08% | &nbsp;&nbsp;$23555599.00 | &nbsp;&nbsp;6.86% |
| &nbsp;&nbsp;Condo, High Rise | &nbsp;&nbsp;21 | &nbsp;&nbsp;3.26% | &nbsp;&nbsp;$14302350.00 | &nbsp;&nbsp;4.16% |
| &nbsp;&nbsp;Condotel | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.78% | &nbsp;&nbsp;$2305500.00 | &nbsp;&nbsp;0.67% |
| &nbsp;&nbsp;PUD | &nbsp;&nbsp;128 | &nbsp;&nbsp;19.84% | &nbsp;&nbsp;$69263325.00 | &nbsp;&nbsp;20.16% |
| &nbsp;&nbsp;Townhouse | &nbsp;&nbsp;5 | &nbsp;&nbsp;0.78% | &nbsp;&nbsp;$2460100.00 | &nbsp;&nbsp;0.72% |
| &nbsp;&nbsp;1 Family Attached | &nbsp;&nbsp;9 | &nbsp;&nbsp;1.40% | &nbsp;&nbsp;$2402750.00 | &nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;2 Family | &nbsp;&nbsp;42 | &nbsp;&nbsp;6.51% | &nbsp;&nbsp;$18673900.00 | &nbsp;&nbsp;5.44% |
| &nbsp;&nbsp;3 Family | &nbsp;&nbsp;18 | &nbsp;&nbsp;2.79% | &nbsp;&nbsp;$7973875.00 | &nbsp;&nbsp;2.32% |
| &nbsp;&nbsp;4 Family | &nbsp;&nbsp;16 | &nbsp;&nbsp;2.48% | &nbsp;&nbsp;$8382700.00 | &nbsp;&nbsp;2.44% |
| &nbsp;&nbsp;5-10 Unit Multi-Family | &nbsp;&nbsp;4 | &nbsp;&nbsp;0.62% | &nbsp;&nbsp;$3913000.00 | &nbsp;&nbsp;1.14% |
| &nbsp;&nbsp;Other | &nbsp;&nbsp;6 | &nbsp;&nbsp;0.93% | &nbsp;&nbsp;$3553050.00 | &nbsp;&nbsp;1.04% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &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;278 | &nbsp;&nbsp;43.10% | &nbsp;&nbsp;$190412485.00 | &nbsp;&nbsp;55.43% |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;345 | &nbsp;&nbsp;53.49% | &nbsp;&nbsp;$141229383.00 | &nbsp;&nbsp;41.12% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;22 | &nbsp;&nbsp;3.41% | &nbsp;&nbsp;$11848993.00 | &nbsp;&nbsp;3.45% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**Originator Loan Designation** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Non QM | &nbsp;&nbsp;302 | &nbsp;&nbsp;46.82% | &nbsp;&nbsp;$202626478.00 | &nbsp;&nbsp;58.99% |

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![](tm2233586d1_ex99-1img001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;343 | &nbsp;&nbsp;53.18% | &nbsp;&nbsp;$140864383.00 | &nbsp;&nbsp;41.01% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &nbsp;&nbsp;**100.00%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**TPR Loan Designation** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Non QM | &nbsp;&nbsp;302 | &nbsp;&nbsp;46.82% | &nbsp;&nbsp;$202626478.00 | &nbsp;&nbsp;58.99% |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;343 | &nbsp;&nbsp;53.18% | &nbsp;&nbsp;$140864383.00 | &nbsp;&nbsp;41.01% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**645** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$343490861.00** | &nbsp;&nbsp;**100.00%** |

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18 \| Page

## Exhibit 99.2

**EXHIBIT 99.2**

**AMC Data Compare REPORT**

![](tm2233586d1_ex99-2img001.jpg)

**Data Compare**

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Field Label** | **Bid Tape Field Value** | **Field Value** | **Compare Status** | **Comment** |
| xxxxxx | 753372 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 753372 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 753372 | xxxxxx | Representative FICO | 620 | 676 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 753372 | xxxxxx | Property Type |  | Mixed Use | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 753372 | xxxxxx | Index Type |  | US Treasury - 5 Year CMT (Monthly) | Verified | Field Value reflects 'Index Type' per the Note |
| xxxxxx | 753372 | xxxxxx | Margin | 4.5 | 4.75 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 753372 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 753372 | xxxxxx | Cash To Borrower | 0 | 78094 | Verified | Field value reflects source document |
| xxxxxx | 753372 | xxxxxx | Interest Rate Life Floor | 5.75 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 753833 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 753833 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 753833 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 753833 | xxxxxx | Cash From Borrower | 0 | 1120.67 | Verified | Field value reflects source document |
| xxxxxx | 759251 | xxxxxx | Original P&I |  | 809.29 | Verified | Field Value reflects Note value |
| xxxxxx | 759251 | xxxxxx | Representative FICO | 796 | 811 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 759251 | xxxxxx | Cash To Borrower | 0 | 72575.37 | Verified | Field value reflects source document |
| xxxxxx | 759251 | xxxxxx | Appraisal Effective Date |  | 8/4/2021 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 761277 | xxxxxx | Cash To Borrower | 59802.77 | 33127.11 | Verified | Field value reflects source document |
| xxxxxx | 763628 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 763628 | xxxxxx | Purpose | Refinance | Purchase | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| xxxxxx | 763628 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 763628 | xxxxxx | Cash From Borrower | 0 | 57572.22 | Verified | Field value reflects source document |
| xxxxxx | 764363 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 764363 | xxxxxx | Representative FICO | 766 | 762 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 764363 | xxxxxx | Interest Rate Initial Floor | 4.875 | 0 | Verified | Field Value reflects 'Interest Rate Initial Floor' per the Note |
| xxxxxx | 764363 | xxxxxx | Original LTV | 63.68 | 65 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 764363 | xxxxxx | Interest Rate Initial Maximum | 14.875 | 6.875 | Verified | Field Value reflects 'Interest Rate Initial Maximum' per the Note |
| xxxxxx | 766424 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 766424 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 766424 | xxxxxx | Original CLTV | 72.32 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766424 | xxxxxx | Original LTV | 72.32 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766319 | xxxxxx | Original P&I |  | 3088.77 | Verified | Field Value reflects Note value |
| xxxxxx | 766319 | xxxxxx | Cash To Borrower | 0 | 105031.15 | Verified | Field value reflects source document |
| xxxxxx | 766319 | xxxxxx | Appraisal Effective Date |  | 12/13/2021 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 766329 | xxxxxx | Borrower First Name |  | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 766329 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 766329 | xxxxxx | Original P&I |  | 5125 | Verified | Field Value reflects Note value |
| xxxxxx | 766329 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 766329 | xxxxxx | Original CLTV | 77.07 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766329 | xxxxxx | Original LTV | 77.07 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766329 | xxxxxx | Appraisal Effective Date |  | 1/22/2022 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 766329 | xxxxxx | Interest Rate Life Floor | 5.125 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 766329 | xxxxxx | Cash From Borrower | 0 | 318751.11 | Verified | Field value reflects source document |
| xxxxxx | 766398 | xxxxxx | Cash To Borrower | 0 | 79496.56 | Verified | Field value reflects source document |
| xxxxxx | 766352 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 766302 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 766302 | xxxxxx | Representative FICO | 765 | 699 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 766302 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.392 | 44.56752 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 766444 | xxxxxx | Borrower SSN | xxxxxx | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 766444 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 766444 | xxxxxx | Cash To Borrower | 0 | 25747.96 | Verified | Field value reflects source document |
| xxxxxx | 766474 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the Approval/AUS |
| xxxxxx | 766474 | xxxxxx | Original CLTV | 76.19 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766474 | xxxxxx | Original LTV | 76.19 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 766474 | xxxxxx | Interest Rate Life Floor | 5.375 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 766474 | xxxxxx | Cash From Borrower | 0 | 145828.63 | Verified | Field value reflects source document |
| xxxxxx | 766474 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.618 | 53.00884 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 766434 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 766434 | xxxxxx | Property Type |  | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 766434 | xxxxxx | Cash To Borrower | 0 | 90592.82 | Verified | Field value reflects source document |
| xxxxxx | 766434 | xxxxxx | Interest Rate Life Floor | 5.25 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 766430 | xxxxxx | Amortization Term | 360 | 480 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 766430 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 766430 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 766433 | xxxxxx | Cash To Borrower | 0 | 104747.77 | Verified | Verified from Approval |
| xxxxxx | 766526 | xxxxxx | Interest Rate Life Floor | 4.875 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 766526 | xxxxxx | Cash From Borrower | 0 | 16320.43 | Verified | Field value reflects source document |
| xxxxxx | 762950 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 762950 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 762950 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 767126 | xxxxxx | Amortization Term | 120 | 240 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 767322 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 767389 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 767389 | xxxxxx | Original P&I |  | 1190.71 | Verified | Field Value reflects Note value |
| xxxxxx | 767389 | xxxxxx | Appraisal Effective Date |  | 1/21/2022 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 767389 | xxxxxx | Cash From Borrower | 0 | 307438.43 | Verified | Field value reflects source document |
| xxxxxx | 767812 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 767812 | xxxxxx | Property Type |  | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 767812 | xxxxxx | Doc Type |  | FastEasy | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 767812 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 767812 | xxxxxx | Appraisal Effective Date |  | 11/16/2021 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 767812 | xxxxxx | Cash From Borrower | 0 | 45.86 | Verified | Field value reflects source document |
| xxxxxx | 767813 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 767813 | xxxxxx | Cash From Borrower | 0 | 191164.88 | Verified | Field value reflects source document |
| xxxxxx | 767819 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 767819 | xxxxxx | Cash To Borrower | 0 | 114939.95 | Verified | Field value reflects source document |
| xxxxxx | 767819 | xxxxxx | Appraisal Effective Date |  | xxxxxx | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 767819 | xxxxxx | Interest Rate Life Floor | 5.25 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 767817 | xxxxxx | Cash To Borrower | 0 | 165367.58 | Verified | Field value reflects source document |
| xxxxxx | 767811 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 767811 | xxxxxx | Investor: Qualifying Total Debt Ratio | 46.116 | 38.79042 | Verified | The lender is using an additional $1500.00 in debt that could not be found thru this audit. The 2nd REO has been included and no offset to the debt was applied therefore the DTI is not matching with the lender's. |
| xxxxxx | 767820 | xxxxxx | Property Type |  | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 767820 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 767820 | xxxxxx | Cash To Borrower | 0 | 97274.68 | Verified | Field value reflects source document |
| xxxxxx | 768345 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768309 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 768309 | xxxxxx | Cash To Borrower | 931500 | 908419.4 | Verified | Field value reflects source document |
| xxxxxx | 768309 | xxxxxx | Prepayment Penalty Period (months) | 60 | 1 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 768620 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 768620 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 768620 | xxxxxx | Appraisal Effective Date | 10/4/2021 | 9/23/2021 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 768981 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768981 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 768981 | xxxxxx | Original CLTV | 74.42 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 768981 | xxxxxx | Original LTV | 74.42 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 769473 | xxxxxx | Representative FICO | 792 | 695 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 769473 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768088 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 768088 | xxxxxx | Cash To Borrower | 300000 | 305207.89 | Verified | Field value reflects source document |
| xxxxxx | 768700 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 768700 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 768700 | xxxxxx | Cash To Borrower | 313336 | 300631.16 | Verified | Field value reflects source document |
| xxxxxx | 770092 | xxxxxx | Interest Rate Life Floor | 6.875 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 770092 | xxxxxx | Cash From Borrower | 0 | 91648.83 | Verified | Field value reflects source document |
| xxxxxx | 770274 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 768911 | xxxxxx | Refi Purpose | Rate/Term | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 768911 | xxxxxx | Investor: Qualifying Total Debt Ratio | 1 | 43.68389 | Verified | Within 1% of 1008 DTI |
| xxxxxx | 768307 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 769138 | xxxxxx | Representative FICO | 633 | 597 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 769138 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 769138 | xxxxxx | Refi Purpose | Cash-out - Debt Consolidation | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 769138 | xxxxxx | Cash To Borrower | 0 | 9571.47 | Verified | Field value reflects source document |
| xxxxxx | 769138 | xxxxxx | Investor: Qualifying Total Debt Ratio | 26.036 | 44.55552 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 770628 | xxxxxx | Investor: Qualifying Total Debt Ratio | 40.31 | 43.55463 | Verified | Unable to verify due to missing information |
| xxxxxx | 770630 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 770630 | xxxxxx | Appraisal Effective Date | 3/18/2022 | 4/2/2022 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770630 | xxxxxx | Investor: Qualifying Total Debt Ratio | 44.13 | 52.34024 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 770402 | xxxxxx | Cash To Borrower | 525000 | 539326.95 | Verified | Field value reflects source document |
| xxxxxx | 770402 | xxxxxx | Investor: Qualifying Total Debt Ratio | 45.8 | 41.55377 | Verified | Lower than DTI on approval. |
| xxxxxx | 770167 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 770167 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770167 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770167 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 770167 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770167 | xxxxxx | Cash From Borrower | 0 | 391903.07 | Verified | Field value reflects source document |
| xxxxxx | 770167 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 33.48114 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 770405 | xxxxxx | Cash To Borrower | 1 | 10854.35 | Verified | Field value reflects source document |
| xxxxxx | 771102 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771102 | xxxxxx | Original P&I |  | 2095.14 | Verified | Field Value reflects Note value |
| xxxxxx | 771102 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771102 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 771102 | xxxxxx | Original CLTV | 88.92 | 90 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771102 | xxxxxx | Original LTV | 88.92 | 90 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771102 | xxxxxx | Appraisal Effective Date |  | 2022-03-03 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771102 | xxxxxx | Cash From Borrower | 0 | 60650.54 | Verified | Field value reflects source document |
| xxxxxx | 771002 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771002 | xxxxxx | Doc Type |  | Reduced | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771002 | xxxxxx | Cash From Borrower | 0 | 55516.23 | Verified | Field value reflects source document |
| xxxxxx | 768721 | xxxxxx | Cash To Borrower | 1 | 10008.08 | Verified | Field value reflects source document |
| xxxxxx | 769696 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 769696 | xxxxxx | Cash From Borrower | 0 | 189767.56 | Verified | Field value reflects source document |
| xxxxxx | 768866 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768866 | xxxxxx | Cash To Borrower | 0 | 3273.74 | Verified | Field value reflects source document |
| xxxxxx | 768109 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 768109 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 768109 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 768109 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 768109 | xxxxxx | Original P&I |  | 7065.35 | Verified | Field Value reflects Note value |
| xxxxxx | 768109 | xxxxxx | Representative FICO | 756 | 770 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 768109 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 768109 | xxxxxx | Appraisal Effective Date |  | 2022-03-01 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 768109 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 768109 | xxxxxx | Cash From Borrower | 0 | 297958.68 | Verified | Field value reflects source document |
| xxxxxx | 771693 | xxxxxx | Amortization Term | 360 | 480 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 771693 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771693 | xxxxxx | Cash From Borrower | 0 | 268621.56 | Verified | Field value reflects source document |
| xxxxxx | 771693 | xxxxxx | Investor: Qualifying Total Debt Ratio | 25.205 | 22.58941 | Verified | The qualifying income was slightly higher during the audit of the file. |
| xxxxxx | 768876 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768876 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 768876 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 768876 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 768876 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 768876 | xxxxxx | Cash From Borrower | 0 | 189821.57 | Verified | Field value reflects source document |
| xxxxxx | 768876 | xxxxxx | Investor: Qualifying Total Debt Ratio | 49.35 | 47.23285 | Verified | Unable to verify due to missing information |
| xxxxxx | 770782 | xxxxxx | Cash From Borrower | 0 | 117437.06 | Verified | Field value reflects source document |
| xxxxxx | 770739 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770739 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770739 | xxxxxx | Representative FICO | 765 | 769 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770739 | xxxxxx | Cash To Borrower | 1 | 444276.53 | Verified | Field value reflects source document |
| xxxxxx | 770739 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16.474 | 26.29392 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 769858 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 769858 | xxxxxx | Doc Type | Reduced | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 769858 | xxxxxx | Cash From Borrower | 0 | 137263.51 | Verified | Field value reflects source document |
| xxxxxx | 769858 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 38.30319 | Verified | Matches 1008 DTI |
| xxxxxx | 770663 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 770663 | xxxxxx | Representative FICO | 775 | 788 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770663 | xxxxxx | Cash From Borrower | 0 | 1285375.24 | Verified | Field value reflects source document |
| xxxxxx | 770897 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 770897 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 770897 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 770897 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 770897 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 770897 | xxxxxx | Cash From Borrower | 0 | 790996.07 | Verified | Field value reflects source document |
| xxxxxx | 770897 | xxxxxx | Investor: Qualifying Total Debt Ratio | 12.73 | 28.48831 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 770087 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 770087 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770883 | xxxxxx | Representative FICO | 700 | 711 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770883 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 770883 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770883 | xxxxxx | Cash From Borrower | 0 | 123774.97 | Verified | Field value reflects source document |
| xxxxxx | 770871 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770871 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770871 | xxxxxx | Representative FICO | 771 | 778 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770871 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 770871 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 770871 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 770871 | xxxxxx | Cash From Borrower | 0 | 285483.39 | Verified | Field value reflects source document |
| xxxxxx | 770871 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 44.95293 | Verified | Within 3% of 1008 DTI. |
| xxxxxx | 771051 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771051 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771051 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 771051 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771051 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771051 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771051 | xxxxxx | Cash From Borrower | 0 | 155011.46 | Verified | Field value reflects source document |
| xxxxxx | 771051 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 45.12808 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| xxxxxx | 771065 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771065 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.661 | 29.24119 | Verified | Borrower sold additional REO |
| xxxxxx | 770598 | xxxxxx | Cash To Borrower | 165359 | 93547.49 | Verified | Field value reflects source document |
| xxxxxx | 770598 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.765 | 28.83525 | Verified | Origination UW added REOs belonging to the Borrower's Business' to the DTI. Audit did not included REOs owned by Borrower's business'. |
| xxxxxx | 768880 | xxxxxx | Appraisal Effective Date |  | 2022-04-04 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 768880 | xxxxxx | Cash From Borrower | 0 | 179625.36 | Verified | Field value reflects source document |
| xxxxxx | 768880 | xxxxxx | Investor: Qualifying Total Debt Ratio | 1 | 43.16716 | Verified | Unable to verify due to missing information |
| xxxxxx | 771155 | xxxxxx | Original Interest Rate | 7.125 | 7.75 | Verified | Field Value reflects the Note value |
| xxxxxx | 771155 | xxxxxx | Representative FICO | 766 | 769 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771155 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771155 | xxxxxx | Appraisal Effective Date |  | 2022-04-13 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771155 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771155 | xxxxxx | Cash From Borrower | 0 | 86043.23 | Verified | Field value reflects source document |
| xxxxxx | 771155 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 46.87096 | Verified | Lower than 1008 DTI |
| xxxxxx | 767472 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 767472 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 767472 | xxxxxx | Cash From Borrower | 0 | 123344.66 | Verified | Field value reflects source document |
| xxxxxx | 770872 | xxxxxx | Cash To Borrower | 43225.32 | 37729.58 | Verified | Field value reflects source document |
| xxxxxx | 770872 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 770872 | xxxxxx | Investor: Qualifying Total Debt Ratio | 27.348 | 35.16061 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 770724 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770724 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770724 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 770724 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 770724 | xxxxxx | Cash From Borrower | 0 | 116308.51 | Verified | Field value reflects source document |
| xxxxxx | 770724 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 38.58776 | Verified | Qualifying Total Debt Ratio as per 1008. Difference is due to HOA amount. |
| xxxxxx | 769693 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 769693 | xxxxxx | Cash From Borrower | 0 | 104957.97 | Verified | Field value reflects source document |
| xxxxxx | 770389 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 770389 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770389 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 770389 | xxxxxx | Cash To Borrower | 124757.51 | 85461.6 | Verified | Field value reflects source document |
| xxxxxx | 769457 | xxxxxx | Cash To Borrower | 1000 | 14970.66 | Verified | Field value reflects source document |
| xxxxxx | 771058 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771058 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 771058 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771058 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771058 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771058 | xxxxxx | Original CLTV | 80 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771058 | xxxxxx | Original LTV | 80 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771058 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771058 | xxxxxx | Cash From Borrower | 0 | 88008.86 | Verified | Field value reflects source document |
| xxxxxx | 767428 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 767428 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 767428 | xxxxxx | Cash To Borrower | 100165.37 | 106709.62 | Verified | Field value reflects source document |
| xxxxxx | 767428 | xxxxxx | Original CLTV | 36.77 | 83.06 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 767428 | xxxxxx | Original LTV | 36.77 | 83.06 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 767428 | xxxxxx | Prepayment Penalty Period (months) | 12 | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 771957 | xxxxxx | Representative FICO | 765 | 758 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771957 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771957 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 771957 | xxxxxx | Cash From Borrower | 0 | 110338.88 | Verified | Field value reflects source document |
| xxxxxx | 771957 | xxxxxx | Investor: Qualifying Total Debt Ratio | 48.09 | 41.13629 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 768115 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 768115 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 768115 | xxxxxx | Cash From Borrower | 0 | 279207.27 | Verified | Field value reflects source document |
| xxxxxx | 768115 | xxxxxx | Investor: Qualifying Total Debt Ratio | 24.499 | 27.26566 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 770176 | xxxxxx | Representative FICO | 719 | 690 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770176 | xxxxxx | Cash From Borrower | 0 | 169636.87 | Verified | Field value reflects source document |
| xxxxxx | 770176 | xxxxxx | Investor: Qualifying Total Debt Ratio | 44.153 | 40.29536 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771482 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771482 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771482 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771482 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771482 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771482 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771482 | xxxxxx | Cash From Borrower | 0 | 390571.88 | Verified | Field value reflects source document |
| xxxxxx | 771482 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 48.41144 | Verified | Field value 48.41% matches the lender DTI 48.41% |
| xxxxxx | 772093 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772093 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772093 | xxxxxx | Cash From Borrower | 0 | 271317.61 | Verified | Field value reflects source document |
| xxxxxx | 772093 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.6 | 39.62761 | Verified | The field value is lower than the lender due to the lender used a higher income to qualify |
| xxxxxx | 771534 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771534 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 771534 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771534 | xxxxxx | Cash From Borrower | 0 | 371027.65 | Verified | Field value reflects source document |
| xxxxxx | 770198 | xxxxxx | Cash From Borrower | 0 | 279100.98 | Verified | Field value reflects source document |
| xxxxxx | 771375 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 771375 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771375 | xxxxxx | Cash From Borrower | 0 | 178272.33 | Verified | Field value reflects source document |
| xxxxxx | 770934 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 770934 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 770934 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 770934 | xxxxxx | Cash From Borrower | 0 | 428189.62 | Verified | Field value reflects source document |
| xxxxxx | 772675 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772675 | xxxxxx | Original P&I |  | 3506.25 | Verified | Field Value reflects Note value |
| xxxxxx | 772675 | xxxxxx | Interest Only | 0 | 1 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 772675 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 772675 | xxxxxx | Appraisal Effective Date |  | xxxxxx | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 772675 | xxxxxx | Cash From Borrower | 0 | 508311.62 | Verified | Field value reflects source document |
| xxxxxx | 771478 | xxxxxx | Representative FICO | 675 | 696 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771478 | xxxxxx | Cash From Borrower | 0 | 195701.79 | Verified | Field value reflects source document |
| xxxxxx | 771478 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39 | 41.10748 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 770142 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 770142 | xxxxxx | Representative FICO | 701 | 705 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770142 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 770142 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770142 | xxxxxx | Cash From Borrower | 0 | 275750.99 | Verified | Field value reflects source document |
| xxxxxx | 770142 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30 | 35.06416 | Verified | The Field Value DTI of 35.295% is the same as the 1008 DTI of 35.295%. |
| xxxxxx | 770584 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772421 | xxxxxx | Cash From Borrower | 0 | 169599.9 | Verified | Field value reflects source document |
| xxxxxx | 767874 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 767874 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 767874 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 767874 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 767874 | xxxxxx | Original CLTV | 100.41 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 767874 | xxxxxx | Original LTV | 100.41 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 767874 | xxxxxx | Prepayment Penalty Period (months) | 12 | 36 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 767874 | xxxxxx | Cash From Borrower | 0 | 66717.02 | Verified | Field value reflects source document |
| xxxxxx | 767874 | xxxxxx | Investor: Qualifying Total Debt Ratio | 1 | 38.14181 | Verified | Field Value DTI of 38.14% is greater than the 1008 DTI of 30.994% due to the lender used higher income and less other debt. |
| xxxxxx | 771177 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 771177 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771177 | xxxxxx | Interest Only | 1 | 0 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 771177 | xxxxxx | Original CLTV | 72.16 | 68.32 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 771177 | xxxxxx | Original LTV | 72.16 | 68.32 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 771177 | xxxxxx | Cash From Borrower | 0 | 18810.96 | Verified | Field value reflects source document |
| xxxxxx | 771177 | xxxxxx | Investor: Qualifying Total Debt Ratio | 1 | 31.26201 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771388 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 771388 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771388 | xxxxxx | Cash To Borrower | 973080 | 773080.87 | Verified | Field value reflects source document |
| xxxxxx | 771388 | xxxxxx | Original CLTV | 64.52 | 49.27 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771388 | xxxxxx | Original LTV | 64.52 | 49.27 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 771388 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.39 | 42.74112 | Verified | Higher audit income |
| xxxxxx | 772368 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771825 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771825 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 771825 | xxxxxx | Cash From Borrower | 0 | 189145.63 | Verified | Field value reflects source document |
| xxxxxx | 770775 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770775 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770775 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 770775 | xxxxxx | Cash From Borrower | 0 | 596968.54 | Verified | Field value reflects source document |
| xxxxxx | 770775 | xxxxxx | Investor: Qualifying Total Debt Ratio | 24.863 | 44.31926 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771878 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 771878 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771878 | xxxxxx | Cash From Borrower | 0 | 156295.13 | Verified | Field value reflects source document |
| xxxxxx | 771122 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771122 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771122 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771122 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771122 | xxxxxx | Cash From Borrower | 0 | 114612.87 | Verified | Field value reflects source document |
| xxxxxx | 771122 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 37.54403 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771038 | xxxxxx | Representative FICO | 711 | 722 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771038 | xxxxxx | Cash From Borrower | 0 | 255912.39 | Verified | Field value reflects source document |
| xxxxxx | 772383 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772383 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772383 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772383 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772383 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772383 | xxxxxx | Cash From Borrower | 0 | 379057.82 | Verified | Field value reflects source document |
| xxxxxx | 772383 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 19.14552 | Verified | Within 3% of 1008 DTI of 18.81%. |
| xxxxxx | 771579 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771579 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771579 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771579 | xxxxxx | Cash From Borrower | 0 | 180295.61 | Verified | Field value reflects source document |
| xxxxxx | 771974 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771974 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771974 | xxxxxx | Cash From Borrower | 0 | 72308.52 | Verified | Field value reflects source document |
| xxxxxx | 773000 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773000 | xxxxxx | Cash From Borrower | 0 | 14787.05 | Verified | Field value reflects source document |
| xxxxxx | 773000 | xxxxxx | Investor: Qualifying Total Debt Ratio | 7.205 | 3.15396 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 773002 | xxxxxx | Cash To Borrower | 0 | 51200 | Verified | Field value reflects source document |
| xxxxxx | 771555 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771555 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771555 | xxxxxx | Cash From Borrower | 0 | 219507.69 | Verified | Field value reflects source document |
| xxxxxx | 771555 | xxxxxx | Investor: Qualifying Total Debt Ratio | 22.931 | 32.62014 | Verified | DTI in line with 1008 DTI of 34.913%. |
| xxxxxx | 771313 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771313 | xxxxxx | Representative FICO | 623 | 629 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771313 | xxxxxx | Cash To Borrower | 149050 | 125132.17 | Verified | Field value reflects source document |
| xxxxxx | 771069 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771069 | xxxxxx | Original P&I |  | 745.07 | Verified | Field Value reflects Note value |
| xxxxxx | 771069 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771069 | xxxxxx | Cash To Borrower | 95617.76 | 97953.45 | Verified | Field value reflects source document |
| xxxxxx | 771069 | xxxxxx | Appraisal Effective Date |  | 2022-05-17 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771138 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771138 | xxxxxx | Original P&I |  | 3564.86 | Verified | Field Value reflects Note value |
| xxxxxx | 771138 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771138 | xxxxxx | Appraisal Effective Date |  | 2022-05-21 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771138 | xxxxxx | Cash From Borrower | 0 | 161002.26 | Verified | Field value reflects source document |
| xxxxxx | 773146 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 773146 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 773146 | xxxxxx | Original CLTV | 77.67 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773146 | xxxxxx | Original LTV | 77.67 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773146 | xxxxxx | Cash From Borrower | 0 | 123121.32 | Verified | Field value reflects source document |
| xxxxxx | 772729 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 772729 | xxxxxx | Cash To Borrower | 0 | 52771.58 | Verified | Field value reflects source document |
| xxxxxx | 772516 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772516 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772516 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772516 | xxxxxx | Cash From Borrower | 0 | 397886.97 | Verified | Field value reflects source document |
| xxxxxx | 771308 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771308 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771308 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771308 | xxxxxx | Cash To Borrower | 30403 | 14886.19 | Verified | Field value reflects source document |
| xxxxxx | 771308 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773273 | xxxxxx | Cash To Borrower | 50000 | 35633.91 | Verified | Field value reflects source document |
| xxxxxx | 772384 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772384 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772384 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772384 | xxxxxx | Cash From Borrower | 0 | 765208.13 | Verified | Field value reflects source document |
| xxxxxx | 772384 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 34.25096 | Verified | The Field Value DTI of 34.25% is in line with the 1008 DTI of 34.24%. |
| xxxxxx | 771835 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771835 | xxxxxx | Cash From Borrower | 0 | 103062.83 | Verified | Field value reflects source document |
| xxxxxx | 772512 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772512 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772512 | xxxxxx | Cash From Borrower | 0 | 273252.82 | Verified | Field value reflects source document |
| xxxxxx | 767478 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 767478 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 767478 | xxxxxx | Property Type | Single Family Attached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 767478 | xxxxxx | # of Units | 1 | 2 | Verified | Field value reflects source document |
| xxxxxx | 767478 | xxxxxx | Cash From Borrower | 0 | 253873.99 | Verified | Field value reflects source document |
| xxxxxx | 767478 | xxxxxx | Investor: Qualifying Total Debt Ratio | 31.662 | 28.85633 | Verified | The Field Value DTI of 28.86% is in line with the 1008 DTI of 28.03%. |
| xxxxxx | 772176 | xxxxxx | Representative FICO | 746 | 728 | Verified | Unable to verify due to missing information |
| xxxxxx | 772176 | xxxxxx | Cash From Borrower | 0 | 33933 | Verified | Field value reflects source document |
| xxxxxx | 773050 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773050 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773050 | xxxxxx | Cash From Borrower | 0 | 124809.06 | Verified | Field value reflects source document |
| xxxxxx | 773050 | xxxxxx | Investor: Qualifying Total Debt Ratio | 46.33 | 32.98055 | Verified | Unable to verify due to missing information |
| xxxxxx | 771826 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771826 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771826 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771826 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771826 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 771826 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 771826 | xxxxxx | Cash From Borrower | 0 | 119504.58 | Verified | Field value reflects source document |
| xxxxxx | 773428 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773428 | xxxxxx | Cash From Borrower | 0 | 125566.78 | Verified | Field value reflects source document |
| xxxxxx | 770531 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 770531 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770531 | xxxxxx | Representative FICO | 698 | 715 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770531 | xxxxxx | Doc Type | Reduced | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 770531 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 770531 | xxxxxx | Cash From Borrower | 0 | 226308.38 | Verified | Field value reflects source document |
| xxxxxx | 773374 | xxxxxx | Cash From Borrower | 0 | 95912.91 | Verified | Field value reflects source document |
| xxxxxx | 773374 | xxxxxx | Investor: Qualifying Total Debt Ratio | 19 | 22.62334 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 771827 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771827 | xxxxxx | Cash From Borrower | 0 | 96807.41 | Verified | Field value reflects source document |
| xxxxxx | 771827 | xxxxxx | Investor: Qualifying Total Debt Ratio | 47.105 | 43.15201 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771873 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771873 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771873 | xxxxxx | Cash To Borrower | 332500 | 315316.46 | Verified | Field value reflects source document |
| xxxxxx | 771157 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771157 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771157 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771157 | xxxxxx | Cash To Borrower | 1000 | 137291.26 | Verified | Field value reflects source document |
| xxxxxx | 773368 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773368 | xxxxxx | Cash To Borrower | 105000 | 107556.45 | Verified | Field value reflects source document |
| xxxxxx | 773407 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773407 | xxxxxx | Cash To Borrower | 235481.59 | 151717.73 | Verified | Field value reflects source document |
| xxxxxx | 773416 | xxxxxx | Cash To Borrower | 300000 | 298921.38 | Verified | Field value reflects source document |
| xxxxxx | 773044 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 773044 | xxxxxx | Property Type | Townhouse | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773044 | xxxxxx | # of Units |  | 1 | Verified | Field value reflects source document |
| xxxxxx | 773044 | xxxxxx | Cash To Borrower | 0 | 27657.68 | Verified | Field value reflects source document |
| xxxxxx | 770985 | xxxxxx | Cash From Borrower | 0 | 193836.15 | Verified | Field value reflects source document |
| xxxxxx | 772719 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772719 | xxxxxx | Cash From Borrower | 0 | 477626.84 | Verified | Field value reflects source document |
| xxxxxx | 771498 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771498 | xxxxxx | Refi Purpose | Cash-out - Debt Consolidation | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 771498 | xxxxxx | Cash To Borrower | 66481 | 5612.32 | Verified | Field value reflects source document |
| xxxxxx | 771498 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772004 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772004 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772004 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772004 | xxxxxx | Cash From Borrower | 0 | 199622.05 | Verified | Field value reflects source document |
| xxxxxx | 773511 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773511 | xxxxxx | Cash To Borrower | 0 | 115360.67 | Verified | Field value reflects source document |
| xxxxxx | 773511 | xxxxxx | Investor: Qualifying Total Debt Ratio | 28.2 | 31.93396 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 773412 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773412 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 773412 | xxxxxx | Original P&I |  | 4507.6 | Verified | Field Value reflects Note value |
| xxxxxx | 773412 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773412 | xxxxxx | Appraisal Effective Date |  | 2022-06-01 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 773412 | xxxxxx | Cash From Borrower | 0 | 170617.87 | Verified | Field value reflects source document |
| xxxxxx | 771933 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771933 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771933 | xxxxxx | Original P&I |  | 1977.03 | Verified | Field Value reflects Note value |
| xxxxxx | 771933 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771933 | xxxxxx | Cash To Borrower | 282750 | 269833.32 | Verified | Field value reflects source document |
| xxxxxx | 771933 | xxxxxx | Appraisal Effective Date |  | 2022-04-09 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771936 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771936 | xxxxxx | Refi Purpose | Cash-out - Debt Consolidation | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 771936 | xxxxxx | Cash To Borrower | 227500 | 216980.91 | Verified | Field value reflects source document |
| xxxxxx | 772441 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772441 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772441 | xxxxxx | Representative FICO | 708 | 711 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772441 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772441 | xxxxxx | Cash From Borrower | 0 | 175806.68 | Verified | Field value reflects source document |
| xxxxxx | 772852 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 772852 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 772852 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772852 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772852 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772852 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772852 | xxxxxx | Cash From Borrower | 0 | 229876 | Verified | Field value reflects source document |
| xxxxxx | 772852 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 44.2604 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771893 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 771893 | xxxxxx | Representative FICO | 710 | 719 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771893 | xxxxxx | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771893 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771893 | xxxxxx | # of Units | 1 | 2 | Verified | Field value reflects source document |
| xxxxxx | 771893 | xxxxxx | Original CLTV | 75 | 72.86 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771893 | xxxxxx | Original LTV | 75 | 72.86 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771893 | xxxxxx | Prepayment Penalty Period (months) | 36 | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 771893 | xxxxxx | Cash From Borrower | 0 | 159560.12 | Verified | Field value reflects source document |
| xxxxxx | 772374 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772374 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772374 | xxxxxx | Cash From Borrower | 0 | 231606.84 | Verified | Field value reflects source document |
| xxxxxx | 771662 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771662 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771662 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771662 | xxxxxx | Original P&I |  | 7283.54 | Verified | Field Value reflects Note value |
| xxxxxx | 771662 | xxxxxx | Appraisal Effective Date |  | 2022-05-20 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771662 | xxxxxx | Cash From Borrower | 0 | 643449.36 | Verified | Field value reflects source document |
| xxxxxx | 772449 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772449 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772449 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772449 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 772449 | xxxxxx | Original Interest Rate | 6.5 | 7.25 | Verified | Field Value reflects the Note value |
| xxxxxx | 772449 | xxxxxx | Original P&I | 1264.14 | 1453.04 | Verified | Field Value reflects Note value |
| xxxxxx | 772449 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772449 | xxxxxx | Cash To Borrower | 0 | 129584.19 | Verified | Field value reflects source document |
| xxxxxx | 772449 | xxxxxx | Original CLTV | 30.21 | 32.18 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 772449 | xxxxxx | Original LTV | 30.21 | 32.18 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 772449 | xxxxxx | Investor: Qualifying Total Debt Ratio | 46.741 | 43.98963 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 771355 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771355 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 771355 | xxxxxx | Cash From Borrower | 0 | 177507.94 | Verified | Field value reflects source document |
| xxxxxx | 773405 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773405 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773405 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 773405 | xxxxxx | Original P&I |  | 1601.42 | Verified | Field Value reflects Note value |
| xxxxxx | 773405 | xxxxxx | Cash To Borrower | 250100 | 246056.97 | Verified | Field value reflects source document |
| xxxxxx | 773405 | xxxxxx | Appraisal Effective Date |  | 2022-06-01 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772370 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772370 | xxxxxx | Cash From Borrower | 0 | 264104.7 | Verified | Field value reflects source document |
| xxxxxx | 772469 | xxxxxx | Property Type | 2 Family | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772469 | xxxxxx | # of Units | 2 | 4 | Verified | Field value reflects source document |
| xxxxxx | 772469 | xxxxxx | Cash From Borrower | 0 | 174675.92 | Verified | Field value reflects source document |
| xxxxxx | 772469 | xxxxxx | Investor: Qualifying Total Debt Ratio | 48.482 | 43.98414 | Verified | In line with 1008 DTI of 44.534%. |
| xxxxxx | 773323 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773323 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773323 | xxxxxx | Cash To Borrower | 12693 | 16881.48 | Verified | Field value reflects source document |
| xxxxxx | 771477 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771477 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771477 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771477 | xxxxxx | Cash From Borrower | 0 | 612506.54 | Verified | Field value reflects source document |
| xxxxxx | 773810 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773810 | xxxxxx | Cash To Borrower | 0 | 90876.62 | Verified | Field value reflects source document |
| xxxxxx | 771454 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771454 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771454 | xxxxxx | Original P&I |  | 20904.3 | Verified | Field Value reflects Note value |
| xxxxxx | 771454 | xxxxxx | Representative FICO | 798 | 789 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771454 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771454 | xxxxxx | Appraisal Effective Date |  | 2022-05-19 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771454 | xxxxxx | Cash From Borrower | 0 | 1707769.85 | Verified | Field value reflects source document |
| xxxxxx | 771454 | xxxxxx | Investor: Qualifying Total Debt Ratio | 15 | 47.74033 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 773459 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773459 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773459 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 773459 | xxxxxx | Original P&I |  | 1462.5 | Verified | Field Value reflects Note value |
| xxxxxx | 773459 | xxxxxx | Cash To Borrower | 251000 | 261830.75 | Verified | Field value reflects source document |
| xxxxxx | 773459 | xxxxxx | Appraisal Effective Date |  | 2022-06-09 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 772456 | xxxxxx | Borrower First Name |  | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772456 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772456 | xxxxxx | Original P&I | 3170.92 | 2916.11 | Verified | Field Value reflects Note value |
| xxxxxx | 772456 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772456 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 772456 | xxxxxx | Cash From Borrower | 0 | 147743.34 | Verified | Field value reflects source document |
| xxxxxx | 772945 | xxxxxx | Cash To Borrower | 44356.89 | 24364.99 | Verified | Field value reflects source document |
| xxxxxx | 772945 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 769070 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 769070 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 769070 | xxxxxx | Doc Type |  | FastEasy | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 769070 | xxxxxx | Cash From Borrower | 0 | 220590.17 | Verified | Field value reflects source document |
| xxxxxx | 771931 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771931 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771931 | xxxxxx | Cash From Borrower | 0 | 611850.18 | Verified | Field value reflects source document |
| xxxxxx | 772268 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772268 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772268 | xxxxxx | Interest Only | 1 | 0 | Verified | No Interest Only Period on the Note. |
| xxxxxx | 772268 | xxxxxx | Cash From Borrower | 0 | 105627.73 | Verified | Field value reflects source document |
| xxxxxx | 773376 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773376 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773376 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773376 | xxxxxx | Cash From Borrower | 0 | 152189.18 | Verified | Field value reflects source document |
| xxxxxx | 773212 | xxxxxx | Cash From Borrower | 0 | 19129.45 | Verified | Field value reflects source document |
| xxxxxx | 773212 | xxxxxx | Investor: Qualifying Total Debt Ratio | 34.828 | 40.45965 | Verified | Field Value DTI of 40.46% is in line with the DTI on the 1008 of 40.93%. |
| xxxxxx | 772779 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772779 | xxxxxx | Cash To Borrower | 150000 | 137602.92 | Verified | Field value reflects source document |
| xxxxxx | 772779 | xxxxxx | Investor: Qualifying Total Debt Ratio | 43.706 | 41.47544 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 773404 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773404 | xxxxxx | Cash To Borrower | 10000769999.99 | 734674.54 | Verified | Field value reflects source document |
| xxxxxx | 773404 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772131 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772131 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772131 | xxxxxx | Cash To Borrower | 41057.16 | 23869.56 | Verified | Field value reflects source document |
| xxxxxx | 772131 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.193 | 39.10799 | Verified | Unable to verify due to missing information |
| xxxxxx | 769003 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 769003 | xxxxxx | Cash From Borrower | 0 | 79898.95 | Verified | Field value reflects source document |
| xxxxxx | 772462 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 772462 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772462 | xxxxxx | Cash To Borrower | 1257187 | 1056477.52 | Verified | Field value reflects source document |
| xxxxxx | 772462 | xxxxxx | Investor: Qualifying Total Debt Ratio | 47.637 | 35.95244 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772463 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772463 | xxxxxx | Cash From Borrower | 0 | 144882.34 | Verified | Field value reflects source document |
| xxxxxx | 771327 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771327 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771327 | xxxxxx | Interest Only | 1 | 0 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 771327 | xxxxxx | Cash From Borrower | 0 | 26901.75 | Verified | Field value reflects source document |
| xxxxxx | 772526 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772526 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772526 | xxxxxx | Representative FICO | 729 | 728 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772526 | xxxxxx | Cash To Borrower | 200000 | 341891.99 | Verified | Field value reflects source document |
| xxxxxx | 773329 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773329 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773329 | xxxxxx | Cash From Borrower | 0 | 602131.15 | Verified | Field value reflects source document |
| xxxxxx | 773303 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773303 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773303 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773303 | xxxxxx | Cash From Borrower | 0 | 359206.1 | Verified | Field value reflects source document |
| xxxxxx | 773303 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 35.68903 | Verified | Matches 1008 DTI |
| xxxxxx | 771899 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771899 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 771899 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771899 | xxxxxx | Cash To Borrower | 0 | 1996.3 | Verified | Field value reflects source document |
| xxxxxx | 771927 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 771927 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771927 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771927 | xxxxxx | Cash From Borrower | 0 | 251392.41 | Verified | Field value reflects source document |
| xxxxxx | 772507 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772507 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 772507 | xxxxxx | Original P&I |  | 2770.73 | Verified | Field Value reflects Note value |
| xxxxxx | 772507 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772507 | xxxxxx | Cash To Borrower | 418495.4 | 370147.52 | Verified | Field value reflects source document |
| xxxxxx | 772578 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772578 | xxxxxx | Representative FICO | 729 | 703 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772578 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value reflects the Approval/AUS in file. |
| xxxxxx | 772578 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value reflects Approval/AUS value |
| xxxxxx | 772578 | xxxxxx | Cash To Borrower | 200000 | 344060.75 | Verified | Field value reflects source document |
| xxxxxx | 772578 | xxxxxx | Original CLTV | 60 | 44.25 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 772578 | xxxxxx | Original LTV | 60 | 44.25 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 771985 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771985 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771985 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771985 | xxxxxx | Cash From Borrower | 0 | 106165.73 | Verified | Field value reflects source document |
| xxxxxx | 772412 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772412 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772412 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772412 | xxxxxx | Cash To Borrower | 103000 | 81776.56 | Verified | Field value reflects source document |
| xxxxxx | 772838 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772838 | xxxxxx | Cash From Borrower | 0 | 231312.1 | Verified | Field value reflects source document |
| xxxxxx | 772838 | xxxxxx | Investor: Qualifying Total Debt Ratio | 38 | 23.36216 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771829 | xxxxxx | Cash To Borrower | 327891.81 | 158240.7 | Verified | Field value reflects source document |
| xxxxxx | 771829 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771829 | xxxxxx | Investor: Qualifying Total Debt Ratio | 12.253 | 15.54318 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772369 | xxxxxx | Cash From Borrower | 0 | 131484.63 | Verified | Field value reflects source document |
| xxxxxx | 773397 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773397 | xxxxxx | Cash From Borrower | 0 | 257420.17 | Verified | Field value reflects source document |
| xxxxxx | 773216 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773216 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 773216 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773216 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773216 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 773216 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 773216 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 773216 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773216 | xxxxxx | Cash From Borrower | 0 | 266084.05 | Verified | Field value reflects source document |
| xxxxxx | 773216 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 48.52722 | Verified | Matches 1008 DTI |
| xxxxxx | 773384 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773384 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773384 | xxxxxx | Cash To Borrower | 440000 | 430890.72 | Verified | Field value reflects source document |
| xxxxxx | 772468 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772468 | xxxxxx | Margin | 2 | 4.25 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772468 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772468 | xxxxxx | Cash From Borrower | 0 | 144195.57 | Verified | Field value reflects source document |
| xxxxxx | 772468 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.99 | 39.80618 | Verified | Unable to verify due to missing information |
| xxxxxx | 773157 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773157 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773157 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773157 | xxxxxx | Cash From Borrower | 0 | 363479.98 | Verified | Field value reflects source document |
| xxxxxx | 773484 | xxxxxx | Cash To Borrower | 0 | 140838 | Verified | Field value reflects source document |
| xxxxxx | 772454 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772454 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772454 | xxxxxx | Amortization Term | 360 | 480 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 772454 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 772454 | xxxxxx | Original Interest Rate | 7.5 | 7.375 | Verified | Field Value reflects the Note value |
| xxxxxx | 772454 | xxxxxx | Original P&I | 7850 | 7872.81 | Verified | Field Value reflects Note value |
| xxxxxx | 772454 | xxxxxx | Representative FICO | 714 | 720 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772454 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772454 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772454 | xxxxxx | Original CLTV | 79.24 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 772454 | xxxxxx | Original LTV | 79.24 | 70 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 772454 | xxxxxx | Cash From Borrower | 0 | 464.92 | Verified | Field value reflects source document |
| xxxxxx | 772454 | xxxxxx | Investor: Qualifying Total Debt Ratio | 41.904 | 48.29476 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 773472 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 773472 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773472 | xxxxxx | Cash To Borrower | 200000 | 200270.67 | Verified | Field value reflects source document |
| xxxxxx | 772868 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772868 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772868 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 772868 | xxxxxx | Original P&I |  | 3097.5 | Verified | Field Value reflects Note value |
| xxxxxx | 772868 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772868 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772868 | xxxxxx | Cash To Borrower | 0 | 95298.82 | Verified | Field value reflects source document |
| xxxxxx | 772868 | xxxxxx | Appraisal Effective Date |  | 2022-04-02 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 773382 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773382 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773382 | xxxxxx | Cash To Borrower | 319316.58 | 301516.06 | Verified | Field value reflects source document |
| xxxxxx | 773382 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772631 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772631 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772631 | xxxxxx | Representative FICO | 740 | 743 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772631 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772631 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772631 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772631 | xxxxxx | Cash From Borrower | 0 | 90201.49 | Verified | Field value reflects source document |
| xxxxxx | 772631 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30 | 39.00108 | Verified | Matches 1008 DTI |
| xxxxxx | 772717 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772717 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772717 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772717 | xxxxxx | Cash From Borrower | 0 | 91259.98 | Verified | Field value reflects source document |
| xxxxxx | 772717 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.676 | 42.07231 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772170 | xxxxxx | Original Interest Rate | 6.375 | 6.25 | Verified | Field Value reflects the Note value |
| xxxxxx | 772170 | xxxxxx | Original CLTV | 50 | 61.14 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 772170 | xxxxxx | Original LTV | 50 | 61.14 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 772170 | xxxxxx | Cash From Borrower | 0 | 240091.81 | Verified | Field value reflects source document |
| xxxxxx | 773542 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773542 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773542 | xxxxxx | Property Type |  | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773542 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773542 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the ARM rider |
| xxxxxx | 773542 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the ARM rider |
| xxxxxx | 773542 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773542 | xxxxxx | Cash From Borrower | 0 | 198927.41 | Verified | Field value reflects source document |
| xxxxxx | 773542 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 29.70206 | Verified | Matches 1008 DTI |
| xxxxxx | 773097 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773097 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773097 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773097 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773097 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773097 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 773097 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 773097 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773097 | xxxxxx | Cash From Borrower | 0 | 416121.04 | Verified | Field value reflects source document |
| xxxxxx | 773097 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 34.96901 | Verified | Matches 1008 DTI |
| xxxxxx | 771952 | xxxxxx | Cash To Borrower | 131.14 | 18284.81 | Verified | Field value reflects source document |
| xxxxxx | 772861 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 772861 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772861 | xxxxxx | Cash To Borrower | 65713 | 67663.54 | Verified | Field value reflects source document |
| xxxxxx | 772585 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772585 | xxxxxx | Cash From Borrower | 0 | 2899.51 | Verified | Field value reflects source document |
| xxxxxx | 772585 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.116 | 49.09763 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 772415 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772415 | xxxxxx | Representative FICO | 799 | 803 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772415 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772415 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 772415 | xxxxxx | Cash From Borrower | 0 | 77815.48 | Verified | Field value reflects source document |
| xxxxxx | 772415 | xxxxxx | Investor: Qualifying Total Debt Ratio | 23.04 | 25.71793 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 773103 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773103 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773103 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773103 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773103 | xxxxxx | Cash From Borrower | 0 | 129882.36 | Verified | Field value reflects source document |
| xxxxxx | 773103 | xxxxxx | Investor: Qualifying Total Debt Ratio | 17.587 | 25.76713 | Verified | The Field Value DTI of 25.77% is in line with the 1008 DTI of 24.13%. |
| xxxxxx | 773510 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773510 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 773510 | xxxxxx | Cash To Borrower | 107382.03 | 97843.04 | Verified | Field value reflects source document |
| xxxxxx | 773510 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772722 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772722 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772722 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 772722 | xxxxxx | Cash From Borrower | 0 | 247401.93 | Verified | Field value reflects source document |
| xxxxxx | 773613 | xxxxxx | Margin | 2 | 3.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 773613 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 773613 | xxxxxx | Cash From Borrower | 0 | 368990.53 | Verified | Field value reflects source document |
| xxxxxx | 775083 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775083 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775083 | xxxxxx | Cash From Borrower | 0 | 208298.76 | Verified | Field value reflects source document |
| xxxxxx | 772887 | xxxxxx | Cash From Borrower | 0 | 128522.27 | Verified | Field value reflects source document |
| xxxxxx | 772937 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 772937 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772937 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772937 | xxxxxx | Cash From Borrower | 0 | 117524.22 | Verified | Field value reflects source document |
| xxxxxx | 773555 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773555 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 773555 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 773555 | xxxxxx | Cash From Borrower | 0 | 613736.96 | Verified | Field value reflects source document |
| xxxxxx | 771430 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771430 | xxxxxx | Cash To Borrower | 59931 | 39987.61 | Verified | Field value reflects source document |
| xxxxxx | 771430 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773546 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773546 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773546 | xxxxxx | Original Interest Rate | 6.625 | 7.375 | Verified | Field Value reflects the Note value |
| xxxxxx | 773546 | xxxxxx | Representative FICO | 667 | 698 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773546 | xxxxxx | Cash From Borrower | 0 | 720 | Verified | Field value reflects source document |
| xxxxxx | 771159 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 771159 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771159 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771159 | xxxxxx | Cash To Borrower | 1000 | 156005.54 | Verified | Field value reflects source document |
| xxxxxx | 773080 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773080 | xxxxxx | Cash From Borrower | 0 | 178970.64 | Verified | Field value reflects source document |
| xxxxxx | 773080 | xxxxxx | Investor: Qualifying Total Debt Ratio | 21.487 | 19.10937 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 773105 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773105 | xxxxxx | Cash To Borrower | 100000 | 250941.76 | Verified | Field value reflects source document |
| xxxxxx | 773152 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 773152 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773152 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773152 | xxxxxx | Cash To Borrower | 1 | 138546.03 | Verified | Field value reflects source document |
| xxxxxx | 775492 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775492 | xxxxxx | Cash To Borrower | 0 | 74893.82 | Verified | Field value reflects source document |
| xxxxxx | 772434 | xxxxxx | Cash From Borrower | 0 | 120359.11 | Verified | Field value reflects source document |
| xxxxxx | 772434 | xxxxxx | Investor: Qualifying Total Debt Ratio | 28.794 | 44.05894 | Verified | The Field Value DTI of 44.05894% is in line with the DTI on the rate lock of 44.059%. |
| xxxxxx | 771783 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 771783 | xxxxxx | Property Type | Condotel | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771783 | xxxxxx | Cash To Borrower | 300000 | 205024.93 | Verified | Field value reflects source document |
| xxxxxx | 772946 | xxxxxx | Original Interest Rate | 7.25 | 6.875 | Verified | Field Value reflects the Note value |
| xxxxxx | 772946 | xxxxxx | Representative FICO | 727 | 734 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772946 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772946 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772946 | xxxxxx | Cash To Borrower | 979100.62 | 973102.78 | Verified | Field value reflects source document |
| xxxxxx | 772946 | xxxxxx | Investor: Qualifying Total Debt Ratio | 44 | 31.46841 | Verified | Qualifying Total Debt Ratio is less than bid tape value |
| xxxxxx | 773114 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773114 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 773114 | xxxxxx | Original CLTV | 76.33 | 80 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773114 | xxxxxx | Original LTV | 76.33 | 80 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773114 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773114 | xxxxxx | Cash From Borrower | 0 | 131075.05 | Verified | Field value reflects source document |
| xxxxxx | 773114 | xxxxxx | Investor: Qualifying Total Debt Ratio | 27.302 | 13.94817 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 773308 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773308 | xxxxxx | Cash To Borrower | 84288 | 73180.69 | Verified | Field value reflects source document |
| xxxxxx | 773308 | xxxxxx | Original CLTV | 60 | 58.21 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773308 | xxxxxx | Original LTV | 60 | 58.21 | Verified | Tape value reflects the higher of multiple Appraisals in file, Field Value reflects the lowest appraised value |
| xxxxxx | 773308 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773308 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.73 | 46.56093 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772114 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772114 | xxxxxx | Cash To Borrower | 1000 | 286987.86 | Verified | Field value reflects source document |
| xxxxxx | 774926 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 774926 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774926 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774926 | xxxxxx | Cash From Borrower | 0 | 131340.78 | Verified | Field value reflects source document |
| xxxxxx | 774926 | xxxxxx | Investor: Qualifying Total Debt Ratio | 11.5 | 22.80522 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 773136 | xxxxxx | Original Interest Rate | 6.75 | 7 | Verified | Field Value reflects the Note value |
| xxxxxx | 773136 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773136 | xxxxxx | Cash From Borrower | 0 | 109774.49 | Verified | Field value reflects source document |
| xxxxxx | 773579 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 773579 | xxxxxx | Cash To Borrower | 0 | 8312.92 | Verified | Field value reflects source document |
| xxxxxx | 773579 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773583 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773583 | xxxxxx | Cash To Borrower | 0 | 33416.01 | Verified | Field value reflects source document |
| xxxxxx | 773583 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773584 | xxxxxx | Representative FICO | 725 | 743 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773584 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773584 | xxxxxx | Refi Purpose | Cash-out - Other | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 773584 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773584 | xxxxxx | Cash From Borrower | 0 | 12707.13 | Verified | Field value reflects source document |
| xxxxxx | 773585 | xxxxxx | Representative FICO | 700 | 725 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773585 | xxxxxx | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773585 | xxxxxx | Cash To Borrower | 0 | 196328.8 | Verified | Field value reflects source document |
| xxxxxx | 773585 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773588 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773588 | xxxxxx | Refi Purpose | Cash-out - Other | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 773588 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773588 | xxxxxx | Cash From Borrower | 0 | 5034.82 | Verified | Field value reflects source document |
| xxxxxx | 773589 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773589 | xxxxxx | Refi Purpose | Cash-out - Other | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 773589 | xxxxxx | Interest Rate Life Floor | 6.99 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 773589 | xxxxxx | Cash From Borrower | 0 | 12349.48 | Verified | Field value reflects source document |
| xxxxxx | 775408 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775408 | xxxxxx | Investor: Qualifying Total Debt Ratio | 20 | 16.21251 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775259 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 775259 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775259 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775259 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775259 | xxxxxx | Cash From Borrower | 0 | 47365.58 | Verified | Field value reflects source document |
| xxxxxx | 772833 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772833 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772833 | xxxxxx | Doc Type |  | Full | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 772833 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772833 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 772833 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 772833 | xxxxxx | Cash From Borrower | 0 | 82409.56 | Verified | Field value reflects source document |
| xxxxxx | 772833 | xxxxxx | Investor: Qualifying Total Debt Ratio | 32.927 | 36.46934 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772207 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 772207 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772207 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772207 | xxxxxx | Cash From Borrower | 0 | 51701.37 | Verified | Field value reflects source document |
| xxxxxx | 774066 | xxxxxx | Cash From Borrower | 0 | 52872.96 | Verified | Field value reflects source document |
| xxxxxx | 774066 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.11 | 27.47251 | Verified | Field Value DTI is lower than Tape value due to Lender used lower qualifying income than verified by audit. |
| xxxxxx | 773417 | xxxxxx | Cash To Borrower | 329611 | 332241.42 | Verified | Field value reflects source document |
| xxxxxx | 774886 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774886 | xxxxxx | Cash From Borrower | 0 | 586747.71 | Verified | Field value reflects source document |
| xxxxxx | 774636 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774636 | xxxxxx | Cash From Borrower | 0 | 566733.17 | Verified | Field value reflects source document |
| xxxxxx | 771347 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771347 | xxxxxx | Cash From Borrower | 0 | 12647.93 | Verified | Field value reflects source document |
| xxxxxx | 771347 | xxxxxx | Investor: Qualifying Total Debt Ratio | 31 | 46.26856 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772410 | xxxxxx | Cash To Borrower | 43873 | 45711.97 | Verified | Field value reflects source document |
| xxxxxx | 772410 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.829 | 51.39066 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 773719 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773719 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773719 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773719 | xxxxxx | Cash From Borrower | 0 | 279656.61 | Verified | Field value reflects source document |
| xxxxxx | 773719 | xxxxxx | Investor: Qualifying Total Debt Ratio | 50 | 24.28827 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775268 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775268 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775268 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775268 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775268 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775268 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775268 | xxxxxx | Cash From Borrower | 0 | 21596.08 | Verified | Field value reflects source document |
| xxxxxx | 775268 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 40.17839 | Verified | Lower than 1008 DTI of 47% due to less debt calculated at audit. |
| xxxxxx | 774523 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774523 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774523 | xxxxxx | Cash From Borrower | 0 | 188750.82 | Verified | Field value reflects source document |
| xxxxxx | 774523 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.06 | 41.33312 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 774639 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774639 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774639 | xxxxxx | Cash From Borrower | 0 | 10230.39 | Verified | Field value reflects source document |
| xxxxxx | 774639 | xxxxxx | Investor: Qualifying Total Debt Ratio | 22.66 | 28.32667 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 774871 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774871 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774871 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774871 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 774871 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 774871 | xxxxxx | Cash To Borrower | 214207 | 179621.07 | Verified | Field value reflects source document |
| xxxxxx | 774871 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 32.94227 | Verified | Matches 1008 DTI |
| xxxxxx | 774958 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774958 | xxxxxx | Cash To Borrower | 200000 | 36005.57 | Verified | Field value reflects source document |
| xxxxxx | 773221 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 773221 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 773221 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773221 | xxxxxx | Representative FICO | 663 | 672 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773221 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 773221 | xxxxxx | Cash To Borrower | 75000 | 9078.95 | Verified | Field value reflects source document |
| xxxxxx | 771967 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771967 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771967 | xxxxxx | Prepayment Penalty Period (months) | 36 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 771967 | xxxxxx | Cash From Borrower | 0 | 127862.83 | Verified | Field value reflects source document |
| xxxxxx | 775935 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 775935 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775935 | xxxxxx | Original CLTV | 71.32 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775935 | xxxxxx | Original LTV | 71.32 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 773860 | xxxxxx | Cash From Borrower | 0 | 163465.2 | Verified | Field value reflects source document |
| xxxxxx | 773860 | xxxxxx | Investor: Qualifying Total Debt Ratio | 25 | 40.10747 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771354 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771354 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771354 | xxxxxx | Cash To Borrower | 169460.72 | 175915.75 | Verified | Field value reflects source document |
| xxxxxx | 775655 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775655 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775655 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775655 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775655 | xxxxxx | Cash From Borrower | 0 | 114825.67 | Verified | Field value reflects source document |
| xxxxxx | 775655 | xxxxxx | Investor: Qualifying Total Debt Ratio | 37.189 | 32.906 | Verified | Unable to verify due to missing information |
| xxxxxx | 774155 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 774155 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774155 | xxxxxx | Doc Type |  | FastEasy | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774155 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774155 | xxxxxx | Cash From Borrower | 0 | 83512.56 | Verified | Field value reflects source document |
| xxxxxx | 774155 | xxxxxx | Investor: Qualifying Total Debt Ratio | 36 | 45.9736 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776145 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776145 | xxxxxx | Representative FICO | 660 | 662 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776145 | xxxxxx | Refi Purpose | Rate/Term | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 776145 | xxxxxx | Cash To Borrower | 0 | 118360.51 | Verified | Field value reflects source document |
| xxxxxx | 771512 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771512 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771512 | xxxxxx | Original P&I |  | 4391 | Verified | Field Value reflects Note value |
| xxxxxx | 771512 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 771512 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771512 | xxxxxx | Appraisal Effective Date |  | 2022-04-22 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 771512 | xxxxxx | Cash From Borrower | 0 | 165866.28 | Verified | Field value reflects source document |
| xxxxxx | 771512 | xxxxxx | Investor: Qualifying Total Debt Ratio | 34.54 | 42.37742 | Verified | In line with 1008 DTI of 43.062%. |
| xxxxxx | 772728 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772728 | xxxxxx | Representative FICO | 724 | 737 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772728 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 772728 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772728 | xxxxxx | Cash From Borrower | 0 | 264158.59 | Verified | Field value reflects source document |
| xxxxxx | 772728 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.822 | 42.68814 | Verified | In line with 1008 DTI of 43.062%. |
| xxxxxx | 774251 | xxxxxx | Cash To Borrower | 74577.24 | 43762.77 | Verified | Field value reflects source document |
| xxxxxx | 775525 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775525 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 775525 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775525 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775525 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 775525 | xxxxxx | Cash To Borrower | 20000 | 502870.97 | Verified | Field value reflects source document |
| xxxxxx | 771968 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771968 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771968 | xxxxxx | Cash To Borrower | 102363.39 | 108603.46 | Verified | Field value reflects source document |
| xxxxxx | 771099 | xxxxxx | Representative FICO | 788 | 777 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771099 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771099 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 771099 | xxxxxx | Original CLTV | 64.27 | 66.48 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771099 | xxxxxx | Original LTV | 64.27 | 66.48 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 771099 | xxxxxx | Cash From Borrower | 0 | 277073.14 | Verified | Field value reflects source document |
| xxxxxx | 772743 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772743 | xxxxxx | Original P&I |  | 3935.31 | Verified | Field Value reflects Note value |
| xxxxxx | 772743 | xxxxxx | Property Type | Single Family Detached | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772743 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 772743 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 772743 | xxxxxx | # of Units | 1 | 4 | Verified | Field value reflects source document |
| xxxxxx | 772743 | xxxxxx | Cash To Borrower | 159313 | 96791.64 | Verified | Field value reflects source document |
| xxxxxx | 772743 | xxxxxx | Appraisal Effective Date |  | 2022-06-29 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 776144 | xxxxxx | Cash To Borrower | 0 | 400240.72 | Verified | Field value reflects source document |
| xxxxxx | 774795 | xxxxxx | Cash From Borrower | 0 | 542111.28 | Verified | Field value reflects source document |
| xxxxxx | 774795 | xxxxxx | Investor: Qualifying Total Debt Ratio | 45.974 | 29.22257 | Verified | Seller included sold primary in DTI. Was sold prior to closing and excluded. |
| xxxxxx | 774492 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774492 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 774492 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774492 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774492 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 774492 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 774492 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774492 | xxxxxx | Cash From Borrower | 0 | 185134.09 | Verified | Field value reflects source document |
| xxxxxx | 774492 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 34.69936 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 774498 | xxxxxx | Doc Type |  | FastEasy | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774498 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774498 | xxxxxx | Cash From Borrower | 0 | 85526.92 | Verified | Field value reflects source document |
| xxxxxx | 774498 | xxxxxx | Investor: Qualifying Total Debt Ratio | 45.802 | 41.3468 | Verified | In line with 1008 DTI of 42.611%. |
| xxxxxx | 773435 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 773435 | xxxxxx | Representative FICO | 686 | 659 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773435 | xxxxxx | Cash To Borrower | 223756 | 235494.06 | Verified | Field value reflects source document |
| xxxxxx | 774540 | xxxxxx | Cash From Borrower | 0 | 95922.13 | Verified | Field value reflects source document |
| xxxxxx | 774540 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30 | 15.57691 | Verified | Field Value DTI is lower than Tape value due to Lender used lower qualifying income than verified by audit |
| xxxxxx | 775503 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775503 | xxxxxx | Cash From Borrower | 0 | 237841.43 | Verified | Field value reflects source document |
| xxxxxx | 775387 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775387 | xxxxxx | Maturity Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 775387 | xxxxxx | Property Type | Single Family Detached | 3 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775387 | xxxxxx | # of Units | 1 | 3 | Verified | Field value reflects source document |
| xxxxxx | 775387 | xxxxxx | Cash To Borrower | 15903.3 | 15656.78 | Verified | Field value reflects source document |
| xxxxxx | 775387 | xxxxxx | Appraisal Effective Date |  | 2022-06-16 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776168 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776168 | xxxxxx | Representative FICO | 806 | 749 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776168 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776168 | xxxxxx | Appraisal Effective Date |  | 2022-06-28 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 776168 | xxxxxx | Cash From Borrower | 0 | 67151.56 | Verified | Field value reflects source document |
| xxxxxx | 771573 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771573 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 771573 | xxxxxx | Original P&I |  | 1639.66 | Verified | Field Value reflects Note value |
| xxxxxx | 771573 | xxxxxx | Representative FICO | 670 | 695 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771573 | xxxxxx | Cash To Borrower | 81000 | 41161.43 | Verified | Field value reflects source document |
| xxxxxx | 771573 | xxxxxx | Appraisal Effective Date |  | 2022-06-06 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774490 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 774490 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774490 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774490 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774490 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 774490 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 774490 | xxxxxx | Cash From Borrower | 0 | 230038.53 | Verified | Field value reflects source document |
| xxxxxx | 774490 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 41.0889 | Verified | Matches 1008 DTI |
| xxxxxx | 773532 | xxxxxx | Cash From Borrower | 0 | 303821.57 | Verified | Field value reflects source document |
| xxxxxx | 772958 | xxxxxx | Cash To Borrower | 1 | 305335.08 | Verified | Field value reflects source document |
| xxxxxx | 776279 | xxxxxx | Cash To Borrower | 0 | 13552.12 | Verified | Field value reflects source document |
| xxxxxx | 774747 | xxxxxx | Cash From Borrower | 0 | 149350.76 | Verified | Field value reflects source document |
| xxxxxx | 774817 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774817 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774817 | xxxxxx | Cash From Borrower | 0 | 111904.51 | Verified | Field value reflects source document |
| xxxxxx | 774817 | xxxxxx | Investor: Qualifying Total Debt Ratio | 40.1 | 43.68866 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775154 | xxxxxx | Cash To Borrower | 168259.41 | 145701.58 | Verified | Field value reflects source document |
| xxxxxx | 775154 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775154 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35 | 39.77564 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775883 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775883 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775883 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775883 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775883 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775883 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775883 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775883 | xxxxxx | Cash From Borrower | 0 | 151530.67 | Verified | Field value reflects source document |
| xxxxxx | 775883 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 34.31843 | Verified | Field Value DTI matches the DTI on the 1008. |
| xxxxxx | 775139 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775139 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775139 | xxxxxx | Cash From Borrower | 0 | 1088379.49 | Verified | Field value reflects source document |
| xxxxxx | 775665 | xxxxxx | Cash From Borrower | 0 | 214388.07 | Verified | Field value reflects source document |
| xxxxxx | 775665 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.642 | 42.46652 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775307 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775307 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775307 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775307 | xxxxxx | Property Type |  | Townhouse | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775307 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775307 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775307 | xxxxxx | Cash From Borrower | 0 | 85725.63 | Verified | Field value reflects source document |
| xxxxxx | 775307 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 43.00552 | Verified | In Line with 1008 DTI of 43.01%. |
| xxxxxx | 770169 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 770169 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 770169 | xxxxxx | Representative FICO | 641 | 671 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 770169 | xxxxxx | Cash To Borrower | 40000 | 45803.94 | Verified | Field value reflects source document |
| xxxxxx | 770169 | xxxxxx | Investor: Qualifying Total Debt Ratio | 36 | 27.68896 | Verified | Qualifying Total Debt Ratio is less than bid tape value. |
| xxxxxx | 775577 | xxxxxx | Cash From Borrower | 0 | 117552.37 | Verified | Field value reflects source document |
| xxxxxx | 775577 | xxxxxx | Investor: Qualifying Total Debt Ratio | 6.066 | 9.52748 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 775290 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775290 | xxxxxx | Original Interest Rate | 8 | 7.99 | Verified | Field Value reflects the Note value |
| xxxxxx | 775290 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775290 | xxxxxx | Cash To Borrower | 120000 | 108535.71 | Verified | Field value reflects source document |
| xxxxxx | 775290 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 44.46605 | Verified | Matches 1008 DTI |
| xxxxxx | 774816 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774816 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774816 | xxxxxx | Doc Type |  | Alt | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774816 | xxxxxx | Cash From Borrower | 0 | 209420.3 | Verified | Field value reflects source document |
| xxxxxx | 775920 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775920 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775920 | xxxxxx | Cash To Borrower | 1000 | 70465.46 | Verified | Field value reflects source document |
| xxxxxx | 775142 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775142 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775142 | xxxxxx | Cash From Borrower | 0 | 140469.4 | Verified | Field value reflects source document |
| xxxxxx | 775929 | xxxxxx | Representative FICO | 803 | 745 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 775929 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 775929 | xxxxxx | Cash To Borrower | 0 | 256223.69 | Verified | Field value reflects source document |
| xxxxxx | 772971 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 772971 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772971 | xxxxxx | Cash To Borrower | 325633 | 292422.86 | Verified | Field value reflects source document |
| xxxxxx | 773220 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773220 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773220 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 773220 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 773220 | xxxxxx | Cash To Borrower | 190809.77 | 182732.06 | Verified | Field value reflects source document |
| xxxxxx | 773220 | xxxxxx | Original CLTV | 54.79 | 60.33 | Verified | Delayed Financing. LTV based off documented improvements + purchase price since it is lower than the appraised value |
| xxxxxx | 773220 | xxxxxx | Original LTV | 54.79 | 60.33 | Verified | Delayed Financing. LTV based off documented improvements + purchase price since it is lower than the appraised value |
| xxxxxx | 775153 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775153 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775153 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 775153 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775153 | xxxxxx | Cash From Borrower | 0 | 1255742.94 | Verified | Field value reflects source document |
| xxxxxx | 775153 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35 | 40.15539 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| xxxxxx | 771661 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771661 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771661 | xxxxxx | Cash To Borrower | 191455 | 155853.42 | Verified | Field value reflects source document |
| xxxxxx | 771661 | xxxxxx | Prepayment Penalty Period (months) | 36 |  | Verified | Unable to verify due to missing information |
| xxxxxx | 774504 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774504 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 774504 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774504 | xxxxxx | Doc Type | Full | FastEasy | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774504 | xxxxxx | Cash From Borrower | 0 | 136622.43 | Verified | Field value reflects source document |
| xxxxxx | 774504 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.588 | 47.14265 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| xxxxxx | 774791 | xxxxxx | Doc Type |  | Alt | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 774791 | xxxxxx | Cash From Borrower | 0 | 215658.63 | Verified | Field value reflects source document |
| xxxxxx | 774791 | xxxxxx | Investor: Qualifying Total Debt Ratio | 24.097 | 40.77297 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775654 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775654 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775654 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775654 | xxxxxx | Cash From Borrower | 0 | 90708.39 | Verified | Field value reflects source document |
| xxxxxx | 776391 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776391 | xxxxxx | Refi Purpose | Cash-out - Other | Rate/Term | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 776391 | xxxxxx | Cash To Borrower | 0 | 1635.74 | Verified | Field value reflects source document |
| xxxxxx | 776452 | xxxxxx | Cash From Borrower | 0 | 216384.75 | Verified | Field value reflects source document |
| xxxxxx | 776444 | xxxxxx | Cash From Borrower | 0 | 181717.47 | Verified | Field value reflects source document |
| xxxxxx | 776444 | xxxxxx | Investor: Qualifying Total Debt Ratio | 22.711 | 38.17459 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776442 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776442 | xxxxxx | Cash From Borrower | 0 | 98055.85 | Verified | Field value reflects source document |
| xxxxxx | 774922 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774922 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774922 | xxxxxx | Cash From Borrower | 0 | 195012.21 | Verified | Field value reflects source document |
| xxxxxx | 774922 | xxxxxx | Investor: Qualifying Total Debt Ratio | 45.052 | 33.86575 | Verified | The Field Value DTI of 33.87% is inline with the 1008 DTI of 33.85%. |
| xxxxxx | 775772 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775772 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775772 | xxxxxx | Representative FICO | 667 | 673 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 775772 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775772 | xxxxxx | Cash From Borrower | 0 | 169019.33 | Verified | Field value reflects source document |
| xxxxxx | 775772 | xxxxxx | Investor: Qualifying Total Debt Ratio | 43.606 | 49.26588 | Verified | LOE, updated 1003, and 1008 provided. Per lender attestation, Schedule C income was not used to qualify by the original UW |
| xxxxxx | 771929 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 771929 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771929 | xxxxxx | Representative FICO | 682 | 699 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 771929 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 771929 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771929 | xxxxxx | Cash From Borrower | 0 | 110553.52 | Verified | Field value reflects source document |
| xxxxxx | 773277 | xxxxxx | Representative FICO | 699 | 714 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 774917 | xxxxxx | Cash From Borrower | 0 | 455254.01 | Verified | Field value reflects source document |
| xxxxxx | 774748 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774748 | xxxxxx | Interest Only | 0 | 1 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 774748 | xxxxxx | Cash From Borrower | 0 | 160677.42 | Verified | Field value reflects source document |
| xxxxxx | 775635 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775635 | xxxxxx | Cash From Borrower | 0 | 178482.76 | Verified | Field value reflects source document |
| xxxxxx | 774951 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Security Instrument |
| xxxxxx | 774951 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774951 | xxxxxx | Property Type | 4 Family | Multifamily | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774951 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774951 | xxxxxx | # of Units | 4 | 5 | Verified | Field value reflects source document |
| xxxxxx | 774951 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774951 | xxxxxx | Cash From Borrower | 0 | 230918.25 | Verified | Field value reflects source document |
| xxxxxx | 771817 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 771817 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 771817 | xxxxxx | Cash To Borrower | 622998 | 614628.79 | Verified | Field value reflects source document |
| xxxxxx | 775777 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775777 | xxxxxx | Cash From Borrower | 0 | 79438.02 | Verified | Field value reflects source document |
| xxxxxx | 776461 | xxxxxx | Cash From Borrower | 0 | 294761.59 | Verified | Field value reflects source document |
| xxxxxx | 774946 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 774946 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774946 | xxxxxx | Cash From Borrower | 0 | 85876.32 | Verified | Field value reflects source document |
| xxxxxx | 776188 | xxxxxx | Cash From Borrower | 0 | 379921.46 | Verified | Field value reflects source document |
| xxxxxx | 775589 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775589 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775589 | xxxxxx | Cash From Borrower | 0 | 66314.27 | Verified | Field value reflects source document |
| xxxxxx | 773979 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773979 | xxxxxx | Cash From Borrower | 0 | 169651.74 | Verified | Field value reflects source document |
| xxxxxx | 772161 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772161 | xxxxxx | Representative FICO | 726 | 728 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772161 | xxxxxx | Cash From Borrower | 0 | 91168.66 | Verified | Field value reflects source document |
| xxxxxx | 774168 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 774168 | xxxxxx | Cash From Borrower | 0 | 44409.07 | Verified | Field value reflects source document |
| xxxxxx | 774168 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.28 | 42.98738 | Verified | Unable to verify due to missing information |
| xxxxxx | 773836 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773836 | xxxxxx | Cash From Borrower | 0 | 237148.28 | Verified | Field value reflects source document |
| xxxxxx | 773836 | xxxxxx | Investor: Qualifying Total Debt Ratio | 12.064 | 15.66386 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775823 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775823 | xxxxxx | Cash From Borrower | 0 | 144537.87 | Verified | Field value reflects source document |
| xxxxxx | 776137 | xxxxxx | Cash From Borrower | 0 | 81242.83 | Verified | Field value reflects source document |
| xxxxxx | 775936 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 775936 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775936 | xxxxxx | Cash To Borrower | 0 | 312747.93 | Verified | Field value reflects source document |
| xxxxxx | 775468 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775468 | xxxxxx | Cash From Borrower | 0 | 4401937.85 | Verified | Field value reflects source document |
| xxxxxx | 775468 | xxxxxx | Investor: Qualifying Total Debt Ratio | 23.5 | 21.24052 | Verified | Higher income calculated at audit. |
| xxxxxx | 775627 | xxxxxx | Property Type |  | Condotel | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 775627 | xxxxxx | Interest Rate Life Floor | 8.5 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 775627 | xxxxxx | Cash From Borrower | 0 | 70324 | Verified | Field value reflects source document |
| xxxxxx | 775630 | xxxxxx | Representative FICO | 685 | 665 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 775630 | xxxxxx | Property Type |  | Condotel | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775630 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775630 | xxxxxx | Interest Rate Life Floor | 8.5 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the ARM rider |
| xxxxxx | 775630 | xxxxxx | Cash From Borrower | 0 | 110178.4 | Verified | Field value reflects source document |
| xxxxxx | 775783 | xxxxxx | Cash From Borrower | 0 | 171572.47 | Verified | Field value reflects source document |
| xxxxxx | 776761 | xxxxxx | Borrower First Name |  | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776761 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776761 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776761 | xxxxxx | Amortization Term | 360 | 480 | Verified | Tape Value reflects Amortization Term per Modification |
| xxxxxx | 776761 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 776761 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776761 | xxxxxx | Cash To Borrower | 0 | 186310.34 | Verified | Field value reflects source document |
| xxxxxx | 776761 | xxxxxx | Original CLTV | 51.14 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 776761 | xxxxxx | Original LTV | 51.14 | 65 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775816 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775816 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775816 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775816 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775816 | xxxxxx | Original CLTV | 65 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775816 | xxxxxx | Original LTV | 65 | 70 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775816 | xxxxxx | Cash From Borrower | 0 | 147885.1 | Verified | Field value reflects source document |
| xxxxxx | 771750 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 771750 | xxxxxx | Cash From Borrower | 0 | 179065 | Verified | Field value reflects source document |
| xxxxxx | 775430 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775430 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775430 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775430 | xxxxxx | Cash From Borrower | 0 | 132890.09 | Verified | Field value reflects source document |
| xxxxxx | 775811 | xxxxxx | Borrower Last Name |  | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775811 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 775811 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775811 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 775811 | xxxxxx | Original P&I |  | 23000 | Verified | Field Value reflects Note value |
| xxxxxx | 775811 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775811 | xxxxxx | Cash To Borrower | 500000 | 228651.99 | Verified | Field value reflects source document |
| xxxxxx | 775811 | xxxxxx | Original CLTV | 41.38 | 47.59 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775811 | xxxxxx | Original LTV | 41.38 | 47.59 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775811 | xxxxxx | Appraisal Effective Date |  | 2022-06-10 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 775424 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775424 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775424 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 775424 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775424 | xxxxxx | Cash From Borrower | 0 | 305831.06 | Verified | Field value reflects source document |
| xxxxxx | 776571 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776571 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776571 | xxxxxx | Interest Only | 0 | 1 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 776571 | xxxxxx | Prepayment Penalty Period (months) | 12 |  | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 776571 | xxxxxx | Cash From Borrower | 0 | 615 | Verified | Field value reflects source document |
| xxxxxx | 775980 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775980 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775980 | xxxxxx | Representative FICO | 742 | 746 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 775980 | xxxxxx | Cash To Borrower | 75000 | 41526.6 | Verified | Field value reflects source document |
| xxxxxx | 775043 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775043 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775043 | xxxxxx | Cash To Borrower | 171068 | 172769.18 | Verified | Field value reflects source document |
| xxxxxx | 776192 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776192 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 776192 | xxxxxx | Cash From Borrower | 0 | 574143.57 | Verified | Field value reflects source document |
| xxxxxx | 776192 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30.6 | 40.43 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 775731 | xxxxxx | Cash To Borrower | 152235.15 | 151227.4 | Verified | Field value reflects source document |
| xxxxxx | 775405 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775405 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775405 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775405 | xxxxxx | Cash From Borrower | 0 | 376013.95 | Verified | Field value reflects source document |
| xxxxxx | 772555 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772555 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 772555 | xxxxxx | Representative FICO | 750 | 680 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772555 | xxxxxx | Cash To Borrower | 200000 | 50732.58 | Verified | Field value reflects source document |
| xxxxxx | 775390 | xxxxxx | Cash From Borrower | 0 | 37731.13 | Verified | Field value reflects source document |
| xxxxxx | 775390 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16.29 | 13.43912 | Verified | Lender used lower qualifying income than verified by audit |
| xxxxxx | 775930 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 775930 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| xxxxxx | 775930 | xxxxxx | Original CLTV | 58.33 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775930 | xxxxxx | Original LTV | 58.33 | 70 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775930 | xxxxxx | Cash From Borrower | 0 | 158254.66 | Verified | Field value reflects source document |
| xxxxxx | 776266 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30.93 | 40.05886 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 775376 | xxxxxx | Margin | 2 | 4 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775376 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775409 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775409 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775409 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775409 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775409 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775409 | xxxxxx | Cash From Borrower | 0 | 553051.66 | Verified | Field value reflects source document |
| xxxxxx | 776971 | xxxxxx | Cash From Borrower | 0 | 147244.4 | Verified | Field value reflects source document |
| xxxxxx | 776971 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42 | 36.89124 | Verified | Matches 1008 DTI |
| xxxxxx | 776812 | xxxxxx | Cash From Borrower | 0 | 396489.79 | Verified | Field value reflects source document |
| xxxxxx | 772599 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 772599 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772599 | xxxxxx | Cash From Borrower | 0 | 73382.14 | Verified | Field value reflects source document |
| xxxxxx | 772599 | xxxxxx | Investor: Qualifying Total Debt Ratio | 44.335 | 46.7005 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 776500 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776500 | xxxxxx | Cash To Borrower | 31603.38 | 30619.45 | Verified | Field value reflects source document |
| xxxxxx | 776500 | xxxxxx | Investor: Qualifying Total Debt Ratio | 37.427 | 33.26803 | Verified | Higher income calculated at audit |
| xxxxxx | 777314 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777314 | xxxxxx | Cash From Borrower | 0 | 69968.03 | Verified | Field value reflects source document |
| xxxxxx | 777314 | xxxxxx | Investor: Qualifying Total Debt Ratio | 17.694 | 10.94106 | Verified | Field Value DTI is lower than Tape value due to Lender used lower qualifying income than verified by audit |
| xxxxxx | 774824 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 774824 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 774824 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 774824 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 774824 | xxxxxx | Cash From Borrower | 0 | 247527.09 | Verified | Field value reflects source document |
| xxxxxx | 776908 | xxxxxx | Cash From Borrower | 0 | 153434.54 | Verified | Field value reflects source document |
| xxxxxx | 776908 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.545 | 32.93 | Verified | Audit verified higher income than Lender. |
| xxxxxx | 776386 | xxxxxx | Cash From Borrower | 0 | 267031.19 | Verified | Field value reflects source document |
| xxxxxx | 776386 | xxxxxx | Investor: Qualifying Total Debt Ratio | 49.749 | 36.04127 | Verified | Higher income calculated at audit using more recent bank statements provided for review. |
| xxxxxx | 776004 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 776004 | xxxxxx | Cash From Borrower | 0 | 664089.02 | Verified | Field value reflects source document |
| xxxxxx | 775902 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 775902 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775902 | xxxxxx | Cash From Borrower | 0 | 112068.59 | Verified | Field value reflects source document |
| xxxxxx | 775902 | xxxxxx | Investor: Qualifying Total Debt Ratio | 28 | 24.20317 | Verified | Qualifying Total Debt Ratio is less than bid tape value due to higher calculated income. |
| xxxxxx | 776070 | xxxxxx | Cash To Borrower | 90152 | 190491.26 | Verified | Field value reflects source document |
| xxxxxx | 776070 | xxxxxx | Investor: Qualifying Total Debt Ratio | 34 | 43.72092 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| xxxxxx | 776994 | xxxxxx | Cash From Borrower | 0 | 149762.28 | Verified | Field value reflects source document |
| xxxxxx | 776994 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 26.24855 | Verified | The Field Value DTI is in line with the 1008 DTI. |
| xxxxxx | 776339 | xxxxxx | Cash From Borrower | 0 | 76273.82 | Verified | Field value reflects source document |
| xxxxxx | 775164 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775164 | xxxxxx | Cash To Borrower | 139000 | 139020.66 | Verified | Field value reflects source document |
| xxxxxx | 777286 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777286 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777286 | xxxxxx | Cash From Borrower | 0 | 150932.11 | Verified | Field value reflects source document |
| xxxxxx | 777287 | xxxxxx | Property Type | Single Family Detached | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777287 | xxxxxx | Doc Type | Fastrack | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777287 | xxxxxx | Cash From Borrower | 0 | 108525.52 | Verified | Field value reflects source document |
| xxxxxx | 777287 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.668 | 47.04243 | Verified | In line with 1008 DTI of 46.378%. |
| xxxxxx | 777283 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777283 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 777283 | xxxxxx | Cash To Borrower | 0 | 149247.18 | Verified | Field value reflects source document |
| xxxxxx | 777284 | xxxxxx | Cash From Borrower | 0 | 65658.74 | Verified | Field value reflects source document |
| xxxxxx | 777259 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 777259 | xxxxxx | Cash To Borrower | 0 | 133.03 | Verified | Field value reflects source document |
| xxxxxx | 777261 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777261 | xxxxxx | Cash From Borrower | 0 | 81359.52 | Verified | Field value reflects source document |
| xxxxxx | 777266 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777266 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777266 | xxxxxx | Cash From Borrower | 0 | 242313.36 | Verified | Field value reflects source document |
| xxxxxx | 777256 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 777256 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 777256 | xxxxxx | Cash To Borrower | 0 | 85089.53 | Verified | Field value reflects source document |
| xxxxxx | 777258 | xxxxxx | Property Type |  | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777258 | xxxxxx | # of Units | 4 | 2 | Verified | Field value reflects source document |
| xxxxxx | 777258 | xxxxxx | Cash From Borrower | 0 | 201879.49 | Verified | Field value reflects source document |
| xxxxxx | 776507 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776507 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776507 | xxxxxx | Property Type | 4 Family | 3 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776507 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 776507 | xxxxxx | Cash To Borrower | 57587.75 | 46210.61 | Verified | Field value reflects source document |
| xxxxxx | 773784 | xxxxxx | Original Interest Rate | 7.5 | 6.75 | Verified | Field Value reflects the Note value |
| xxxxxx | 773784 | xxxxxx | Cash From Borrower | 0 | 168674.87 | Verified | Field value reflects source document |
| xxxxxx | 776862 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776862 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776862 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776862 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776862 | xxxxxx | Cash To Borrower | 1000 | 83619.69 | Verified | Field value reflects source document |
| xxxxxx | 776862 | xxxxxx | Original CLTV | 41.49 | 43.33 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 776862 | xxxxxx | Original LTV | 41.49 | 43.33 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 776874 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776874 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 776874 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 776874 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 776874 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776874 | xxxxxx | Cash To Borrower | 306955 | 303859.89 | Verified | Field value reflects source document |
| xxxxxx | 776466 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776466 | xxxxxx | Investor: Qualifying Total Debt Ratio | 36.3 | 42.96912 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 775384 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 775384 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775384 | xxxxxx | Margin | 2 | 4.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 775384 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 775384 | xxxxxx | Cash To Borrower | 543000 | 228271.87 | Verified | Field value reflects source document |
| xxxxxx | 776542 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776542 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776542 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776542 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 776542 | xxxxxx | Cash From Borrower | 0 | 118936.73 | Verified | Field value reflects source document |
| xxxxxx | 776542 | xxxxxx | Investor: Qualifying Total Debt Ratio | 5 | 37.1124 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 777107 | xxxxxx | Cash From Borrower | 0 | 177393.38 | Verified | Field value reflects source document |
| xxxxxx | 775433 | xxxxxx | Property Type | 2 Family | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775433 | xxxxxx | # of Units | 2 | 1 | Verified | Field value reflects source document |
| xxxxxx | 775433 | xxxxxx | Cash From Borrower | 0 | 329479.19 | Verified | Field value reflects source document |
| xxxxxx | 775884 | xxxxxx | Cash To Borrower | 126000 | 124873.92 | Verified | Field value reflects source document |
| xxxxxx | 775884 | xxxxxx | Investor: Qualifying Total Debt Ratio | 14 | 16.06737 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777139 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777139 | xxxxxx | Cash From Borrower | 0 | 465576.16 | Verified | Field value reflects source document |
| xxxxxx | 777139 | xxxxxx | Investor: Qualifying Total Debt Ratio | 25.63 | 30.96522 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 776928 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776928 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776928 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 776928 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 776928 | xxxxxx | Cash From Borrower | 0 | 126847.46 | Verified | Field value reflects source document |
| xxxxxx | 774041 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 774041 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 774041 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 774041 | xxxxxx | Cash From Borrower | 0 | 382156.39 | Verified | Field value reflects source document |
| xxxxxx | 776186 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776186 | xxxxxx | Cash To Borrower | 73985.07 | 84914.76 | Verified | Field value reflects source document |
| xxxxxx | 776186 | xxxxxx | Investor: Qualifying Total Debt Ratio | 29.656 | 20.55662 | Verified | Matches 1008 DTI |
| xxxxxx | 776385 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776385 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| xxxxxx | 776385 | xxxxxx | Cash To Borrower | 303218.34 | 310143.48 | Verified | Field value reflects source document |
| xxxxxx | 776291 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776291 | xxxxxx | Investor: Qualifying Total Debt Ratio | 21.43 | 39.92645 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777110 | xxxxxx | Cash To Borrower | 131109.96 | 112821.15 | Verified | Field value reflects source document |
| xxxxxx | 775423 | xxxxxx | Cash To Borrower | 0 | 1441.54 | Verified | Field value reflects source document |
| xxxxxx | 776139 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776139 | xxxxxx | Cash From Borrower | 0 | 270838.34 | Verified | Field value reflects source document |
| xxxxxx | 776139 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.5 | 37.01097 | Verified | Field Value DTI is higher than Tape value due to Lender used lower PITIA than verified by audit |
| xxxxxx | 774736 | xxxxxx | State | xxxxxx | xxxxxx | Verified | Field Value reflects State per Note |
| xxxxxx | 774736 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774736 | xxxxxx | Cash To Borrower | 24996.09 | 30050.88 | Verified | Field value reflects source document |
| xxxxxx | 776912 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776912 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776912 | xxxxxx | Cash To Borrower | 95795.12 | 95565.59 | Verified | Field value reflects source document |
| xxxxxx | 776912 | xxxxxx | Investor: Qualifying Total Debt Ratio | 37.72 | 34.66147 | Verified | Higher income calculated at audit resulting in lower DTI |
| xxxxxx | 777592 | xxxxxx | Cash From Borrower | 0 | 229576.45 | Verified | Field value reflects source document |
| xxxxxx | 777113 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777113 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777113 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777113 | xxxxxx | Cash From Borrower | 0 | 119943.96 | Verified | Field value reflects source document |
| xxxxxx | 777113 | xxxxxx | Investor: Qualifying Total Debt Ratio | 41 | 32.35435 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 777231 | xxxxxx | Cash To Borrower | 182976.8 | 184031.33 | Verified | Field value reflects source document |
| xxxxxx | 777612 | xxxxxx | Cash From Borrower | 0 | 305396.09 | Verified | Field value reflects source document |
| xxxxxx | 775998 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775998 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 775998 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 775998 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775998 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 775998 | xxxxxx | Cash From Borrower | 0 | 154304.07 | Verified | Field value reflects source document |
| xxxxxx | 775998 | xxxxxx | Investor: Qualifying Total Debt Ratio | 38.841 | 34.39039 | Verified | Field Value DTI is lower than Tape value due to Lender used higher consumer debt than verified by audit |
| xxxxxx | 776922 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776922 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776922 | xxxxxx | Cash To Borrower | 1383000 | 1339655.58 | Verified | Field value reflects source document |
| xxxxxx | 775634 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775634 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775634 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775634 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 775634 | xxxxxx | Cash From Borrower | 0 | 150772.06 | Verified | Field value reflects source document |
| xxxxxx | 775301 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775301 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 775301 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775301 | xxxxxx | Original CLTV | 80 | 78.85 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775301 | xxxxxx | Original LTV | 80 | 78.85 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775301 | xxxxxx | Cash From Borrower | 0 | 47055.42 | Verified | Field value reflects source document |
| xxxxxx | 776856 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776856 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 776856 | xxxxxx | Cash From Borrower | 0 | 259176.21 | Verified | Field value reflects source document |
| xxxxxx | 777126 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777126 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777126 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777126 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777126 | xxxxxx | Cash From Borrower | 0 | 156244.94 | Verified | Field value reflects source document |
| xxxxxx | 775953 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775953 | xxxxxx | Cash From Borrower | 0 | 338490.57 | Verified | Field value reflects source document |
| xxxxxx | 775953 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.49 | 45.26464 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 776559 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776559 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776559 | xxxxxx | Cash From Borrower | 0 | 129559.14 | Verified | Field value reflects source document |
| xxxxxx | 777319 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777319 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777319 | xxxxxx | Cash From Borrower | 0 | 149353.63 | Verified | Field value reflects source document |
| xxxxxx | 776044 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776044 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 776044 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776044 | xxxxxx | Representative FICO | 762 | 745 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776044 | xxxxxx | Cash To Borrower | 1000 | 83464.43 | Verified | Field value reflects source document |
| xxxxxx | 776044 | xxxxxx | Original CLTV | 35 | 42.5 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 776044 | xxxxxx | Original LTV | 35 | 42.5 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 775857 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775857 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775857 | xxxxxx | Original Interest Rate | 7.99 | 7.999 | Verified | Field Value reflects the Note value |
| xxxxxx | 775857 | xxxxxx | Cash To Borrower | 96435.88 | 92899.01 | Verified | Field value reflects source document |
| xxxxxx | 776332 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776332 | xxxxxx | Cash From Borrower | 0 | 397045.37 | Verified | Field value reflects source document |
| xxxxxx | 777570 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 777570 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777570 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777570 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777570 | xxxxxx | Original CLTV | 72.94 | 75 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 777570 | xxxxxx | Original LTV | 72.94 | 75 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 777570 | xxxxxx | Borrower FTHB |  | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777092 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777092 | xxxxxx | Cash From Borrower | 0 | 286248.31 | Verified | Field value reflects source document |
| xxxxxx | 777046 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 777046 | xxxxxx | Original P&I |  | 3180.27 | Verified | Field Value reflects Note value |
| xxxxxx | 777046 | xxxxxx | Cash From Borrower | 0 | 91393.03 | Verified | Field value reflects source document |
| xxxxxx | 777104 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777104 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777104 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777104 | xxxxxx | Cash From Borrower | 0 | 494362.69 | Verified | Field value reflects source document |
| xxxxxx | 777104 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 43.59304 | Verified | Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 776746 | xxxxxx | Representative FICO | 771 | 802 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776746 | xxxxxx | Doc Type | Full | Alt | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776746 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776746 | xxxxxx | Cash From Borrower | 0 | 358603.39 | Verified | Field value reflects source document |
| xxxxxx | 775279 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775279 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775279 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775279 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775279 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775279 | xxxxxx | Cash From Borrower | 0 | 120359.72 | Verified | Field value reflects source document |
| xxxxxx | 775380 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775380 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775380 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 775380 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775380 | xxxxxx | Property Type | Condotel | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775380 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775380 | xxxxxx | Original CLTV | 68.98 | 48.97 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775380 | xxxxxx | Original LTV | 68.98 | 48.97 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 775380 | xxxxxx | Cash From Borrower | 0 | 394208.16 | Verified | Field value reflects source document |
| xxxxxx | 775388 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775388 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 775388 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 775388 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 775388 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 775388 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775388 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| xxxxxx | 775388 | xxxxxx | Cash From Borrower | 0 | 281463.5 | Verified | Field value reflects source document |
| xxxxxx | 777297 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777297 | xxxxxx | Cash To Borrower | 215000 | 206026.34 | Verified | Field value reflects source document |
| xxxxxx | 775463 | xxxxxx | Investor: Qualifying Total Debt Ratio | 33.012 | 35.18043 | Verified | In line with 1008 DTI . |
| xxxxxx | 775436 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 775436 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775436 | xxxxxx | Cash To Borrower | 0 | 4650.39 | Verified | Field value reflects source document |
| xxxxxx | 776980 | xxxxxx | Cash To Borrower | 51679.23 | 41505.58 | Verified | Field value reflects source document |
| xxxxxx | 776980 | xxxxxx | Investor: Qualifying Total Debt Ratio | 46.9 | 48.96528 | Verified | In line with 1008 DTI. |
| xxxxxx | 776516 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 776516 | xxxxxx | Representative FICO | 729 | 767 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776516 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776516 | xxxxxx | Cash From Borrower | 0 | 278589.91 | Verified | Field value reflects source document |
| xxxxxx | 776516 | xxxxxx | Investor: Qualifying Total Debt Ratio | 24 | 20.34805 | Verified | Higher income verified at audit. |
| xxxxxx | 777724 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value reflects the Approval/AUS in file. |
| xxxxxx | 777724 | xxxxxx | Interest Rate Life Cap |  | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777724 | xxxxxx | Cash From Borrower | 0 | 87873.48 | Verified | Field value reflects source document |
| xxxxxx | 777811 | xxxxxx | Property Type |  | 4 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777811 | xxxxxx | Cash To Borrower | 0 | 34921.76 | Verified | Field value reflects source document |
| xxxxxx | 777781 | xxxxxx | Cash From Borrower | 0 | 266047.94 | Verified | Field value reflects source document |
| xxxxxx | 777781 | xxxxxx | Investor: Qualifying Total Debt Ratio | 40.431 | 38.29082 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 777780 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777780 | xxxxxx | Cash From Borrower | 0 | 250607.36 | Verified | Field value reflects source document |
| xxxxxx | 776859 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776859 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 776859 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776859 | xxxxxx | Cash From Borrower | 0 | 111179.86 | Verified | Field value reflects source document |
| xxxxxx | 776598 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776598 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776598 | xxxxxx | Cash To Borrower | 559818 | 521885.41 | Verified | Field value reflects source document |
| xxxxxx | 777388 | xxxxxx | Cash To Borrower | 117437.01 | 144128.27 | Verified | Field value reflects source document |
| xxxxxx | 777388 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.56 | 38.92918 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 777586 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777586 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777586 | xxxxxx | Cash From Borrower | 0 | 562630.87 | Verified | Field value reflects source document |
| xxxxxx | 777060 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777060 | xxxxxx | First Payment Date |  | xxxxxx | Verified | The Bid Tape Field Value was not provided |
| xxxxxx | 777060 | xxxxxx | Cash To Borrower | 0 | 3616.74 | Verified | Field value reflects source document |
| xxxxxx | 777423 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777423 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777423 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777423 | xxxxxx | Cash To Borrower | 460000 | 470243.29 | Verified | Field value reflects source document |
| xxxxxx | 776752 | xxxxxx | Cash To Borrower | 1000 | 204956.3 | Verified | Field value reflects source document |
| xxxxxx | 774525 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 774525 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774525 | xxxxxx | Cash To Borrower | 1000 | 37865.47 | Verified | Field value reflects source document |
| xxxxxx | 776882 | xxxxxx | Cash To Borrower | 503696.7 | 494536.36 | Verified | Field value reflects source document |
| xxxxxx | 772978 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 772978 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 772978 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 772978 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772978 | xxxxxx | Cash To Borrower | 350000 | 353585.8 | Verified | Field value reflects source document |
| xxxxxx | 776597 | xxxxxx | Representative FICO | 725 | 734 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776597 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776597 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 776597 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 776597 | xxxxxx | Cash From Borrower | 0 | 382689.89 | Verified | Field value reflects source document |
| xxxxxx | 776987 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 776987 | xxxxxx | Representative FICO | 720 | 723 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776987 | xxxxxx | Cash From Borrower | 0 | 118186.24 | Verified | Field value reflects source document |
| xxxxxx | 777349 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777349 | xxxxxx | Investor: Qualifying Total Debt Ratio | 35.561 | 47.97118 | Verified | In line with 1008 DTI of 48.228%. |
| xxxxxx | 777851 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 777851 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777851 | xxxxxx | Cash From Borrower | 0 | 50874.85 | Verified | Field value reflects source document |
| xxxxxx | 778016 | xxxxxx | Property Type |  | 3 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778016 | xxxxxx | # of Units | 4 | 3 | Verified | Field value reflects source document |
| xxxxxx | 778016 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 778016 | xxxxxx | Cash From Borrower | 0 | 79539.14 | Verified | Field value reflects source document |
| xxxxxx | 776318 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776318 | xxxxxx | Doc Type | Fastrack | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776318 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 776318 | xxxxxx | Cash From Borrower | 0 | 236303.28 | Verified | Field value reflects source document |
| xxxxxx | 774663 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774663 | xxxxxx | Cash From Borrower | 0 | 749552.86 | Verified | Field value reflects source document |
| xxxxxx | 777536 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777536 | xxxxxx | Cash From Borrower | 0 | 118391.1 | Verified | Field value reflects source document |
| xxxxxx | 777084 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777084 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | The Bid Tape Field Value was not provided. |
| xxxxxx | 777084 | xxxxxx | Cash To Borrower | 155527.78 | 155530.79 | Verified | Field value reflects source document |
| xxxxxx | 777627 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777627 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777627 | xxxxxx | Cash From Borrower | 0 | 79206.86 | Verified | Field value reflects source document |
| xxxxxx | 777000 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777000 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 777000 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777000 | xxxxxx | Original Interest Rate | 8.875 | 8.625 | Verified | Field Value reflects the Note value |
| xxxxxx | 777000 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777000 | xxxxxx | Margin | 2 | 4.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777000 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777000 | xxxxxx | Cash To Borrower | 126534.59 | 88832.77 | Verified | Field value reflects source document |
| xxxxxx | 777000 | xxxxxx | Original CLTV | 70 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 777000 | xxxxxx | Original LTV | 70 | 65 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 777850 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777850 | xxxxxx | Cash From Borrower | 0 | 184543.55 | Verified | Field value reflects source document |
| xxxxxx | 776151 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776151 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 776151 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776151 | xxxxxx | Cash From Borrower | 0 | 12114.69 | Verified | Field value reflects source document |
| xxxxxx | 778163 | xxxxxx | Representative FICO |  | 721 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 778163 | xxxxxx | Cash To Borrower | 349999.99 | 333157.24 | Verified | Field value reflects source document |
| xxxxxx | 777606 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777606 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777606 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777606 | xxxxxx | Cash From Borrower | 0 | 459774.1 | Verified | Field value reflects source document |
| xxxxxx | 777606 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 41.56061 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777609 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777609 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777609 | xxxxxx | Doc Type |  | Full | Verified | Unable to verify due to missing information |
| xxxxxx | 777609 | xxxxxx | Cash To Borrower | 45364.43 | 44869.43 | Verified | Field value reflects source document |
| xxxxxx | 777609 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 49.5926 | Verified | Matches or align with 1008 DTI. |
| xxxxxx | 775858 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775858 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775858 | xxxxxx | Refi Purpose | Cash-out - Debt Consolidation | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 775858 | xxxxxx | Cash To Borrower | 53430 | 42563.29 | Verified | Field value reflects source document |
| xxxxxx | 776175 | xxxxxx | Cash To Borrower | 94767.1 | 94942.28 | Verified | Field value reflects source document |
| xxxxxx | 776175 | xxxxxx | Investor: Qualifying Total Debt Ratio | 26.677 | 22.55968 | Verified | Qualifying Total Debt Ratio is as per 1008 |
| xxxxxx | 773553 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773553 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 773553 | xxxxxx | Cash To Borrower | 68750 | 38444.39 | Verified | Field value reflects source document |
| xxxxxx | 773614 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773614 | xxxxxx | Cash From Borrower | 0 | 97983.26 | Verified | Field value reflects source document |
| xxxxxx | 778158 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778158 | xxxxxx | Cash From Borrower | 0 | 329499.75 | Verified | Field value reflects source document |
| xxxxxx | 778245 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 778245 | xxxxxx | Original P&I |  | 1045.51 | Verified | Field Value reflects Note value |
| xxxxxx | 778245 | xxxxxx | Cash To Borrower | 0 | 124667.64 | Verified | Field value reflects source document |
| xxxxxx | 778245 | xxxxxx | Appraisal Effective Date |  | 2022-06-28 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 778247 | xxxxxx | Cash To Borrower | 0 | 82035.24 | Verified | Field value reflects source document |
| xxxxxx | 778234 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 778234 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778234 | xxxxxx | Cash To Borrower | 0 | 192564.35 | Verified | Field value reflects source document |
| xxxxxx | 778233 | xxxxxx | Original CLTV | 63.92 | 65 | Verified | Approval notes $5,000 deduction to convert back to SFR (divided walls up for STR living) |
| xxxxxx | 778233 | xxxxxx | Original LTV | 63.92 | 65 | Verified | Approval notes $5,000 deduction to convert back to SFR (divided walls up for STR living) |
| xxxxxx | 778233 | xxxxxx | Cash From Borrower | 0 | 14688.47 | Verified | Field value reflects source document |
| xxxxxx | 778242 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778242 | xxxxxx | Cash From Borrower | 0 | 129275.74 | Verified | Field value reflects source document |
| xxxxxx | 778260 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778260 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 778260 | xxxxxx | Original P&I |  | 623.19 | Verified | Field Value reflects Note value |
| xxxxxx | 778260 | xxxxxx | Cash To Borrower | 0 | 90402.9 | Verified | Field value reflects source document |
| xxxxxx | 778260 | xxxxxx | Appraisal Effective Date |  | 2022-08-04 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 778250 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778250 | xxxxxx | Original P&I |  | 1957.69 | Verified | Field Value reflects Note value |
| xxxxxx | 778250 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778250 | xxxxxx | Appraisal Effective Date |  | 2022-06-30 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 778250 | xxxxxx | Cash From Borrower | 0 | 16391.3 | Verified | Field value reflects source document |
| xxxxxx | 778248 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778248 | xxxxxx | Cash From Borrower | 0 | 4816.86 | Verified | Field value reflects source document |
| xxxxxx | 778239 | xxxxxx | Representative FICO | 757 | 735 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 778239 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Unable to verify due to missing information |
| xxxxxx | 778239 | xxxxxx | Cash From Borrower | 0 | 299306.79 | Verified | Field value reflects source document |
| xxxxxx | 778246 | xxxxxx | Cash To Borrower | 0 | 118156.33 | Verified | Field value reflects source document |
| xxxxxx | 778235 | xxxxxx | Property Type |  | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778235 | xxxxxx | Cash From Borrower | 0 | 61101.9 | Verified | Field value reflects source document |
| xxxxxx | 775452 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775452 | xxxxxx | Cash To Borrower | 91714 | 86390.65 | Verified | Field value reflects source document |
| xxxxxx | 776376 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776376 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 776376 | xxxxxx | Original Interest Rate | 9.375 | 8.875 | Verified | Field Value reflects the Note value |
| xxxxxx | 776376 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776376 | xxxxxx | # of Units | 5 | 6 | Verified | Field value reflects source document |
| xxxxxx | 776376 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 776376 | xxxxxx | Prepayment Penalty Period (months) | 36 | 60 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 776376 | xxxxxx | Cash From Borrower | 0 | 102525.22 | Verified | Field value reflects source document |
| xxxxxx | 776557 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776557 | xxxxxx | Representative FICO | 710 | 731 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776557 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776557 | xxxxxx | Cash From Borrower | 0 | 285585.7 | Verified | Field value reflects source document |
| xxxxxx | 776921 | xxxxxx | Cash From Borrower | 0 | 505823.37 | Verified | Field value reflects source document |
| xxxxxx | 776921 | xxxxxx | Investor: Qualifying Total Debt Ratio | 20 | 29.613 | Verified | Qualifying Total Debt Ratio as per 1008 |
| xxxxxx | 775418 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 775418 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775418 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775418 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 775418 | xxxxxx | Property Type | Single Family Detached | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775418 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775418 | xxxxxx | Prepayment Penalty Period (months) |  | 12 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 775418 | xxxxxx | Cash From Borrower | 0 | 500945.42 | Verified | Field value reflects source document |
| xxxxxx | 777225 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777225 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 777225 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777225 | xxxxxx | Cash To Borrower | 0 | 621778.56 | Verified | Field value reflects source document |
| xxxxxx | 778142 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 778142 | xxxxxx | Original P&I |  | 2629.05 | Verified | Field Value reflects Note value |
| xxxxxx | 778142 | xxxxxx | Appraisal Effective Date |  | 2022-08-14 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 778142 | xxxxxx | Cash From Borrower | 0 | 116570.46 | Verified | Field value reflects source document |
| xxxxxx | 777342 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 777342 | xxxxxx | Original P&I |  | 5265.99 | Verified | Field Value reflects Note value |
| xxxxxx | 777342 | xxxxxx | Appraisal Effective Date |  | 2022-08-05 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777342 | xxxxxx | Cash From Borrower | 0 | 215011.59 | Verified | Field value reflects source document |
| xxxxxx | 777342 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16.23 | 30.05204 | Verified | The Field DTI of 21.86% is lower than the 1008 DTI of 29.30% due to lender used lower income to qualify the loan. |
| xxxxxx | 777816 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777816 | xxxxxx | Cash From Borrower | 0 | 121642.7 | Verified | Field value reflects source document |
| xxxxxx | 777816 | xxxxxx | Investor: Qualifying Total Debt Ratio | 25.92 | 36.178 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 777696 | xxxxxx | Amortization Type | Fixed | ARM | Verified | Field Value reflects Amortization Type per Note |
| xxxxxx | 777696 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777696 | xxxxxx | Interest Rate Life Cap |  | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777696 | xxxxxx | Cash From Borrower | 0 | 355342.51 | Verified | Field value reflects source document |
| xxxxxx | 777696 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 44.11373 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776504 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776504 | xxxxxx | Representative FICO | 742 | 720 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776504 | xxxxxx | Cash From Borrower | 0 | 195469.67 | Verified | Field value reflects source document |
| xxxxxx | 777723 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777723 | xxxxxx | Cash From Borrower | 0 | 107550.47 | Verified | Field value reflects source document |
| xxxxxx | 776471 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776471 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 776471 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 776471 | xxxxxx | Cash To Borrower | 59072.28 | 56487.58 | Verified | Field value reflects source document |
| xxxxxx | 778162 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778162 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 778162 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778162 | xxxxxx | Cash From Borrower | 0 | 350753.6 | Verified | Field value reflects source document |
| xxxxxx | 777842 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777842 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777842 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777842 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777842 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777842 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777842 | xxxxxx | Cash From Borrower | 0 | 369360.63 | Verified | Field value reflects source document |
| xxxxxx | 777842 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 32.25384 | Verified | Unable to verify due to missing information |
| xxxxxx | 776926 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776926 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776926 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776926 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776926 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776926 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 776926 | xxxxxx | Cash From Borrower | 0 | 85335.58 | Verified | Field value reflects source document |
| xxxxxx | 776926 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 43.6594 | Verified | Qualifying Total Debt Ratio as per document |
| xxxxxx | 777779 | xxxxxx | Representative FICO | 680 | 696 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777779 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777779 | xxxxxx | Cash From Borrower | 0 | 324032.66 | Verified | Field value reflects source document |
| xxxxxx | 777779 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16 | 25.42038 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777304 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777304 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777304 | xxxxxx | Cash From Borrower | 0 | 83152.28 | Verified | Field value reflects source document |
| xxxxxx | 777159 | xxxxxx | Cash To Borrower | 645000 | 613940.97 | Verified | Field value reflects source document |
| xxxxxx | 777159 | xxxxxx | Investor: Qualifying Total Debt Ratio | 8.515 | 11.02392 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777150 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777150 | xxxxxx | Cash From Borrower | 0 | 116437.55 | Verified | Field value reflects source document |
| xxxxxx | 777150 | xxxxxx | Investor: Qualifying Total Debt Ratio | 9 | 23.12593 | Verified | Qualifying Total Debt Ratio as per 1008 document |
| xxxxxx | 774084 | xxxxxx | Representative FICO | 710 | 715 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 774084 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 774084 | xxxxxx | Cash To Borrower | 67172 | 85805.71 | Verified | Field value reflects source document |
| xxxxxx | 777460 | xxxxxx | Representative FICO | 746 | 749 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777460 | xxxxxx | Cash From Borrower | 0 | 18267.48 | Verified | Field value reflects source document |
| xxxxxx | 778151 | xxxxxx | Cash To Borrower | 196000 | 195574.63 | Verified | Field value reflects source document |
| xxxxxx | 776891 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776891 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776891 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776891 | xxxxxx | Cash From Borrower | 0 | 371400.81 | Verified | Field value reflects source document |
| xxxxxx | 777444 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777444 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777444 | xxxxxx | Cash From Borrower | 0 | 222210.32 | Verified | Field value reflects source document |
| xxxxxx | 777567 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777567 | xxxxxx | Cash To Borrower | 35703.54 | 19569.33 | Verified | Field value reflects source document |
| xxxxxx | 778022 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778022 | xxxxxx | Cash From Borrower | 0 | 310546.13 | Verified | Field value reflects source document |
| xxxxxx | 778022 | xxxxxx | Investor: Qualifying Total Debt Ratio | 19.1 | 12.15584 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 771951 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 771951 | xxxxxx | Cash From Borrower | 0 | 29747.55 | Verified | Field value reflects source document |
| xxxxxx | 771951 | xxxxxx | Investor: Qualifying Total Debt Ratio | 43.941 | 47.02087 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776468 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776468 | xxxxxx | Doc Type | Reduced | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776468 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776468 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 776468 | xxxxxx | Cash From Borrower | 0 | 147112.8 | Verified | Field value reflects source document |
| xxxxxx | 777073 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777073 | xxxxxx | Cash To Borrower | 122213 | 151729.83 | Verified | Field value reflects source document |
| xxxxxx | 778258 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778258 | xxxxxx | Cash From Borrower | 0 | 188505.25 | Verified | Field value reflects source document |
| xxxxxx | 776848 | xxxxxx | Representative FICO | 692 | 728 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776848 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 776848 | xxxxxx | Cash From Borrower | 0 | 253687.12 | Verified | Field value reflects source document |
| xxxxxx | 775432 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775432 | xxxxxx | Cash To Borrower | 150000 | 139170.41 | Verified | Field value reflects source document |
| xxxxxx | 777667 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 777667 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777667 | xxxxxx | Cash From Borrower | 0 | 249531.25 | Verified | Field value reflects source document |
| xxxxxx | 777674 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777674 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777674 | xxxxxx | Cash From Borrower | 0 | 133285.5 | Verified | Field value reflects source document |
| xxxxxx | 776427 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 776427 | xxxxxx | Original Interest Rate | 6.625 | 6.875 | Verified | Field Value reflects the Note value |
| xxxxxx | 776427 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776427 | xxxxxx | Occupancy | Primary | Investment | Verified | Field Value reflects Occupancy per the Final Loan Application |
| xxxxxx | 776427 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776427 | xxxxxx | Cash From Borrower | 0 | 70083.13 | Verified | Field value reflects source document |
| xxxxxx | 776427 | xxxxxx | Investor: Qualifying Total Debt Ratio | 4.44 | 9.26427 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777435 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777435 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777435 | xxxxxx | Cash From Borrower | 0 | 60606.68 | Verified | Field value reflects source document |
| xxxxxx | 776305 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776305 | xxxxxx | Cash From Borrower | 0 | 147608.96 | Verified | Field value reflects source document |
| xxxxxx | 776744 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 776744 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776744 | xxxxxx | Cash From Borrower | 0 | 61227.66 | Verified | Field value reflects source document |
| xxxxxx | 776744 | xxxxxx | Investor: Qualifying Total Debt Ratio | 29.07 | 33.66072 | Verified | Field Value DTI is higher than Tape value but not < 43% as required by QM/TQM |
| xxxxxx | 777677 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777677 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777677 | xxxxxx | Doc Type |  | Full | Verified | Unable to verify due to missing information |
| xxxxxx | 777677 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777677 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777677 | xxxxxx | Cash From Borrower | 0 | 107054.13 | Verified | Field value reflects source document |
| xxxxxx | 777677 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 46.05986 | Verified | Unable to verify due to missing information |
| xxxxxx | 778026 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778026 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value reflects the Approval/AUS in file. |
| xxxxxx | 778026 | xxxxxx | Cash To Borrower | 14000 | 7106.43 | Verified | Field value reflects source document |
| xxxxxx | 778344 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Tape data provides County name not City |
| xxxxxx | 778344 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778344 | xxxxxx | Cash To Borrower | 351205 | 327072.03 | Verified | Field value reflects source document |
| xxxxxx | 778054 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778054 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778054 | xxxxxx | Cash From Borrower | 0 | 120765.72 | Verified | Field value reflects source document |
| xxxxxx | 776615 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776615 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776615 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776615 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 776615 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 776615 | xxxxxx | Cash From Borrower | 0 | 229201.4 | Verified | Field value reflects source document |
| xxxxxx | 776615 | xxxxxx | Investor: Qualifying Total Debt Ratio | 10 | 25.02441 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778079 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778079 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778079 | xxxxxx | Cash From Borrower | 0 | 53568.61 | Verified | Field value reflects source document |
| xxxxxx | 778079 | xxxxxx | Investor: Qualifying Total Debt Ratio | 17 | 14.40709 | Verified | Field Value DTI is within 3% of the 1008 DTI. |
| xxxxxx | 777111 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777111 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777111 | xxxxxx | Cash From Borrower | 0 | 67856.02 | Verified | Field value reflects source document |
| xxxxxx | 777111 | xxxxxx | Investor: Qualifying Total Debt Ratio | 29 | 54.7308 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777392 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777392 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 777392 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777392 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777392 | xxxxxx | Cash From Borrower | 0 | 393289.38 | Verified | Field value reflects source document |
| xxxxxx | 776531 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 776531 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776531 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776531 | xxxxxx | Cash From Borrower | 0 | 134274.51 | Verified | Field value reflects source document |
| xxxxxx | 775919 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775919 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775919 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775919 | xxxxxx | Cash To Borrower | 1000 | 95357.62 | Verified | Field value reflects source document |
| xxxxxx | 777823 | xxxxxx | Cash From Borrower | 0 | 71662.51 | Verified | Field value reflects source document |
| xxxxxx | 777823 | xxxxxx | Investor: Qualifying Total Debt Ratio | 38 | 34.50191 | Verified | The Field Value DTI of 34.50% is within 3% of the 1008 DTI of 35.532%. |
| xxxxxx | 777486 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777486 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 777486 | xxxxxx | Cash To Borrower | 880000 | 860529.54 | Verified | Field value reflects source document |
| xxxxxx | 778110 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778110 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778110 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778110 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 778110 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Unable to verify due to missing information |
| xxxxxx | 778110 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Unable to verify due to missing information |
| xxxxxx | 778110 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Unable to verify due to missing information |
| xxxxxx | 778110 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778110 | xxxxxx | Cash From Borrower | 0 | 171116.86 | Verified | Field value reflects source document |
| xxxxxx | 777600 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777600 | xxxxxx | Cash From Borrower | 0 | 156521.83 | Verified | Field value reflects source document |
| xxxxxx | 777600 | xxxxxx | Investor: Qualifying Total Debt Ratio | 20.52 | 37.65381 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777064 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777064 | xxxxxx | Cash To Borrower | 826895 | 745795.9 | Verified | Field value reflects source document |
| xxxxxx | 777064 | xxxxxx | Original CLTV | 50 | 37.17 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 777064 | xxxxxx | Original LTV | 50 | 37.17 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 777064 | xxxxxx | Investor: Qualifying Total Debt Ratio | 4.76 | 27.6429 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778174 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778174 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778174 | xxxxxx | Cash From Borrower | 0 | 94070.01 | Verified | Field value reflects source document |
| xxxxxx | 777433 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777433 | xxxxxx | Representative FICO | 716 | 780 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777433 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777433 | xxxxxx | Cash From Borrower | 0 | 121989.69 | Verified | Field value reflects source document |
| xxxxxx | 777433 | xxxxxx | Investor: Qualifying Total Debt Ratio | 49.06 | 45.44806 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778144 | xxxxxx | Cash To Borrower | 1459759 | 1457192.14 | Verified | Field value reflects source document |
| xxxxxx | 776749 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 776749 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 776749 | xxxxxx | Cash From Borrower | 0 | 83925.53 | Verified | Field value reflects source document |
| xxxxxx | 776749 | xxxxxx | Investor: Qualifying Total Debt Ratio | 12 | 19.55752 | Verified | The Field Value DTI is lower than the 1008 DTI of 32.066% due to the lender used higher qualifying debts than verified. |
| xxxxxx | 775078 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775078 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 775078 | xxxxxx | Cash From Borrower | 0 | 3425.75 | Verified | Field value reflects source document |
| xxxxxx | 776981 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776981 | xxxxxx | Cash From Borrower | 0 | 126926.67 | Verified | Field value reflects source document |
| xxxxxx | 776981 | xxxxxx | Investor: Qualifying Total Debt Ratio | 40 | 42.6597 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778219 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778219 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 778219 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778219 | xxxxxx | Cash To Borrower | 436985 | 437415.2 | Verified | Field value reflects source document |
| xxxxxx | 777908 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777908 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777908 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777908 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777908 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the ARM rider |
| xxxxxx | 777908 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777908 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777908 | xxxxxx | Cash From Borrower | 0 | 187524.16 | Verified | Field value reflects source document |
| xxxxxx | 777908 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 36.41484 | Verified | Unable to verify due to missing information |
| xxxxxx | 777447 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 777447 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777447 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777447 | xxxxxx | Cash From Borrower | 0 | 189021.51 | Verified | Field value reflects source document |
| xxxxxx | 777447 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 46.5643 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778145 | xxxxxx | Representative FICO | 732 | 761 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 778145 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778145 | xxxxxx | Cash From Borrower | 0 | 203476.56 | Verified | Field value reflects source document |
| xxxxxx | 778145 | xxxxxx | Investor: Qualifying Total Debt Ratio | 46.453 | 49.30864 | Verified | Field Value DTI is within 3% of the 1008 DTI of 49.287%. |
| xxxxxx | 777703 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777703 | xxxxxx | Cash To Borrower | 0 | 642.21 | Verified | Field value reflects source document |
| xxxxxx | 777703 | xxxxxx | Investor: Qualifying Total Debt Ratio | 34.61 | 15.21787 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 772300 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 772300 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 772300 | xxxxxx | Original P&I |  | 2253.52 | Verified | Field Value reflects Note value |
| xxxxxx | 772300 | xxxxxx | Representative FICO | 654 | 651 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 772300 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 772300 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects doc Type reflected on the Approval/AUS |
| xxxxxx | 772300 | xxxxxx | Appraisal Effective Date |  | 2022-08-18 | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 772300 | xxxxxx | Cash From Borrower | 0 | 255579.25 | Verified | Field value reflects source document |
| xxxxxx | 777827 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777827 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777827 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777827 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777072 | xxxxxx | Representative FICO | 706 | 718 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777072 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777072 | xxxxxx | Cash To Borrower | 84249.22 | 85812.88 | Verified | Field value reflects source document |
| xxxxxx | 777462 | xxxxxx | Borrower First Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777462 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777462 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777462 | xxxxxx | Cash To Borrower | 44702.43 | 45380.98 | Verified | Field value reflects source document |
| xxxxxx | 777860 | xxxxxx | Cash From Borrower | 0 | 101724.82 | Verified | Field value reflects source document |
| xxxxxx | 778351 | xxxxxx | Cash To Borrower | 426408.3 | 391118.58 | Verified | Field value reflects source document |
| xxxxxx | 778351 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778351 | xxxxxx | Investor: Qualifying Total Debt Ratio | 10 | 7.12983 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 777534 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777534 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777534 | xxxxxx | Cash From Borrower | 0 | 185757.54 | Verified | Field value reflects source document |
| xxxxxx | 777534 | xxxxxx | Investor: Qualifying Total Debt Ratio | 25.871 | 33.23376 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776038 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 776038 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776038 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 776038 | xxxxxx | Cash To Borrower | 23000 | 24845.82 | Verified | Field value reflects source document |
| xxxxxx | 777705 | xxxxxx | Representative FICO | 800 | 805 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777705 | xxxxxx | Cash From Borrower | 0 | 208264.65 | Verified | Field value reflects source document |
| xxxxxx | 778654 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 778654 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778654 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778654 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 778654 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778654 | xxxxxx | Cash From Borrower | 0 | 172049.04 | Verified | Field value reflects source document |
| xxxxxx | 776275 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776275 | xxxxxx | Cash To Borrower | 280639 | 212715.12 | Verified | Field value reflects source document |
| xxxxxx | 778458 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778458 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778458 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778458 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778458 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778458 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778458 | xxxxxx | Cash From Borrower | 0 | 112774.21 | Verified | Field value reflects source document |
| xxxxxx | 778458 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 36.7505 | Verified | Audit Income |
| xxxxxx | 778321 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778321 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778321 | xxxxxx | Cash From Borrower | 0 | 171481.06 | Verified | Field value reflects source document |
| xxxxxx | 777678 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 777678 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777678 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777678 | xxxxxx | Cash From Borrower | 0 | 58163.24 | Verified | Field value reflects source document |
| xxxxxx | 777355 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777355 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 777355 | xxxxxx | Original CLTV | 80 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 777355 | xxxxxx | Original LTV | 80 | 70 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 777355 | xxxxxx | Cash From Borrower | 0 | 89548.11 | Verified | Field value reflects source document |
| xxxxxx | 777355 | xxxxxx | Investor: Qualifying Total Debt Ratio | 26.95 | 37.26882 | Verified | Field Value DTI is in line with the 1008 DTI. |
| xxxxxx | 776172 | xxxxxx | Representative FICO | 699 | 707 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 776172 | xxxxxx | Cash From Borrower | 0 | 15304.77 | Verified | Field value reflects source document |
| xxxxxx | 776172 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16 | 25.65308 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 776828 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776828 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776828 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776828 | xxxxxx | Cash From Borrower | 0 | 578669.72 | Verified | Field value reflects source document |
| xxxxxx | 777467 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777467 | xxxxxx | Cash From Borrower | 0 | 121661.24 | Verified | Field value reflects source document |
| xxxxxx | 777682 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777682 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777682 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777682 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777682 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777682 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777682 | xxxxxx | Cash From Borrower | 0 | 196227.51 | Verified | Field value reflects source document |
| xxxxxx | 777682 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 31.00115 | Verified | Unable to verify due to missing information |
| xxxxxx | 778155 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778155 | xxxxxx | Cash To Borrower | 200000 | 279905.82 | Verified | Field value reflects source document |
| xxxxxx | 777058 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 777058 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777058 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777058 | xxxxxx | # of Units | 5 | 8 | Verified | Field value reflects source document |
| xxxxxx | 777058 | xxxxxx | Cash From Borrower | 0 | 516617.08 | Verified | Field value reflects source document |
| xxxxxx | 778536 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778536 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778536 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778536 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778536 | xxxxxx | Cash From Borrower | 0 | 117575.1 | Verified | Field value reflects source document |
| xxxxxx | 777843 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 777843 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777843 | xxxxxx | Doc Type | Fastrack | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 777843 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777843 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777843 | xxxxxx | Cash From Borrower | 0 | 220831.84 | Verified | Field value reflects source document |
| xxxxxx | 778436 | xxxxxx | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778436 | xxxxxx | # of Units | 1 | 2 | Verified | Field value reflects source document |
| xxxxxx | 778436 | xxxxxx | Cash To Borrower | 330000 | 320247.44 | Verified | Field value reflects source document |
| xxxxxx | 778808 | xxxxxx | Cash From Borrower | 0 | 174782.37 | Verified | Field value reflects source document |
| xxxxxx | 778517 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778517 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778517 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778517 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778517 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778517 | xxxxxx | Cash From Borrower | 0 | 240643.74 | Verified | Field value reflects source document |
| xxxxxx | 776321 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776321 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776321 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 776321 | xxxxxx | Cash To Borrower | 224000 | 86061.43 | Verified | Field value reflects source document |
| xxxxxx | 778999 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 778999 | xxxxxx | Margin | 2 | 6 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778999 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778999 | xxxxxx | Cash From Borrower | 0 | 209646.95 | Verified | Field value reflects source document |
| xxxxxx | 778481 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778481 | xxxxxx | Cash To Borrower | 158123.26 | 159518.26 | Verified | Field value reflects source document |
| xxxxxx | 778220 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778220 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778220 | xxxxxx | Cash From Borrower | 0 | 526425.9 | Verified | Field value reflects source document |
| xxxxxx | 777714 | xxxxxx | Representative FICO | 766 | 791 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777714 | xxxxxx | Cash From Borrower | 0 | 330676.75 | Verified | Field value reflects source document |
| xxxxxx | 777714 | xxxxxx | Investor: Qualifying Total Debt Ratio | 42.46 | 45.45827 | Verified | Audit income and credit debt |
| xxxxxx | 778478 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778478 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778478 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778478 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778478 | xxxxxx | Cash From Borrower | 0 | 324198.9 | Verified | Field value reflects source document |
| xxxxxx | 778478 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 43.68538 | Verified | Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 778476 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778476 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778476 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778476 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778476 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778476 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778476 | xxxxxx | Cash From Borrower | 0 | 166589.65 | Verified | Field value reflects source document |
| xxxxxx | 778476 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 40.99286 | Verified | Audit income |
| xxxxxx | 778638 | xxxxxx | Property Type | 2 Family | 3 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778638 | xxxxxx | Purpose | Purchase | Refinance | Verified | Field Value reflects the Purpose per the Final HUD-1/Final CD |
| xxxxxx | 778638 | xxxxxx | # of Units | 2 | 3 | Verified | Field value reflects source document |
| xxxxxx | 778638 | xxxxxx | Cash To Borrower | 0 | 377051.06 | Verified | Field value reflects source document |
| xxxxxx | 778203 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778203 | xxxxxx | Cash To Borrower | 428500 | 439698.4 | Verified | Field value reflects source document |
| xxxxxx | 778203 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 773093 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 773093 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 773093 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 773093 | xxxxxx | Cash To Borrower | 94195 | 99524.81 | Verified | Field value reflects source document |
| xxxxxx | 773093 | xxxxxx | Original CLTV | 31.12 | 33.71 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the original purchase price. |
| xxxxxx | 773093 | xxxxxx | Original LTV | 31.12 | 33.71 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the original purchase price. |
| xxxxxx | 773093 | xxxxxx | Investor: Qualifying Total Debt Ratio | 24.553 | 41.25642 | Verified | The Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 777082 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777082 | xxxxxx | Cash To Borrower | 0 | 118045.3 | Verified | Field value reflects source document |
| xxxxxx | 777082 | xxxxxx | Investor: Qualifying Total Debt Ratio | 16.543 | 7.93151 | Verified | Field Value DTI is lower than Tape value due to Lender used lower qualifying income than verified by audit. |
| xxxxxx | 777480 | xxxxxx | Property Type | Single Family Detached | 2 Family | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 777480 | xxxxxx | # of Units | 1 | 2 | Verified | Field value reflects source document |
| xxxxxx | 777480 | xxxxxx | Cash From Borrower | 0 | 400951.33 | Verified | Field value reflects source document |
| xxxxxx | 778852 | xxxxxx | Cash From Borrower | 0 | 123324.75 | Verified | Field value reflects source document |
| xxxxxx | 776185 | xxxxxx | Amortization Term | 240 | 360 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 776185 | xxxxxx | Cash To Borrower | 473234 | 482736.46 | Verified | Field value reflects source document |
| xxxxxx | 777059 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 777059 | xxxxxx | Cash To Borrower | 161000 | 145518.86 | Verified | Field value reflects source document |
| xxxxxx | 777604 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777604 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 777604 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 777604 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777604 | xxxxxx | Cash From Borrower | 0 | 509828.23 | Verified | Field value reflects source document |
| xxxxxx | 778910 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778910 | xxxxxx | Interest Only | 0 | 1 | Verified | Field Value reflects 'Interest Only' per the Note |
| xxxxxx | 778910 | xxxxxx | Margin | 2 | 4.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778910 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778910 | xxxxxx | Cash From Borrower | 0 | 282782.48 | Verified | Field value reflects source document |
| xxxxxx | 779031 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 779031 | xxxxxx | Original Interest Rate | 7.625 | 8.25 | Verified | Field Value reflects Interest Rate per the Note rider |
| xxxxxx | 779031 | xxxxxx | Cash From Borrower | 0 | 181839.42 | Verified | Field value reflects source document |
| xxxxxx | 777914 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value reflects the Approval/AUS in file. |
| xxxxxx | 777914 | xxxxxx | Cash To Borrower | 80562 | 92865.2 | Verified | Field value reflects source document |
| xxxxxx | 776986 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 776986 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 776986 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 776986 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 776986 | xxxxxx | Cash From Borrower | 0 | 153700 | Verified | Field value reflects source document |
| xxxxxx | 778404 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778404 | xxxxxx | Representative FICO | 689 | 758 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 778404 | xxxxxx | Refi Purpose | Cash-out - Debt Consolidation | Cash-out - Other | Verified | Field Value reflects borrower receiving cash out and/or paying off debts > $2,000 or 2% of loan amount per HUD-1/CD |
| xxxxxx | 778404 | xxxxxx | Cash To Borrower | 13823.81 | 14013.54 | Verified | Field value reflects source document |
| xxxxxx | 778404 | xxxxxx | Borrower FTHB | 1 | 0 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778387 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 778387 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 778387 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778387 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778387 | xxxxxx | Cash From Borrower | 0 | 210000 | Verified | Field value reflects source document |
| xxxxxx | 778387 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39.68 | 29.43632 | Verified | as per 1008 and final 1003. In 1003 2 investment property however mortgage loan does not apply on both the loans. Capture information from latest document i.e. Final 1003. |
| xxxxxx | 778359 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 778359 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778359 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778359 | xxxxxx | Cash To Borrower | 215179 | 233097.51 | Verified | Field value reflects source document |
| xxxxxx | 778315 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778315 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778315 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778315 | xxxxxx | Property Type |  | Condo (Mid Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778315 | xxxxxx | Cash From Borrower | 0 | 249183.46 | Verified | Field value reflects source document |
| xxxxxx | 779104 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 779104 | xxxxxx | Cash To Borrower | 219466.84 | 168637.84 | Verified | Field value reflects source document |
| xxxxxx | 777897 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 777897 | xxxxxx | Cash From Borrower | 0 | 84677.36 | Verified | Field value reflects source document |
| xxxxxx | 777897 | xxxxxx | Investor: Qualifying Total Debt Ratio | 28.29 | 33.15295 | Verified | Matches 1008 DTI |
| xxxxxx | 775619 | xxxxxx | Representative FICO | 686 | 675 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 775619 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 775619 | xxxxxx | Cash To Borrower | 0 | 129078.29 | Verified | Field value reflects source document |
| xxxxxx | 775619 | xxxxxx | Interest Rate Life Floor | 8.5 | 0 | Verified | Field Value reflects 'Interest Rate Life Floor' per the Note |
| xxxxxx | 778143 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778143 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778143 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778143 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778143 | xxxxxx | Cash From Borrower | 0 | 216196.31 | Verified | Field value reflects source document |
| xxxxxx | 778143 | xxxxxx | Investor: Qualifying Total Debt Ratio | 30.89 | 47.14842 | Verified | The Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 779137 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779137 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779137 | xxxxxx | Cash From Borrower | 0 | 140050.73 | Verified | Field value reflects source document |
| xxxxxx | 777299 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777299 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 777299 | xxxxxx | Representative FICO | 694 | 700 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777299 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 777299 | xxxxxx | Cash To Borrower | 1000 | 324008.2 | Verified | Field value reflects source document |
| xxxxxx | 777299 | xxxxxx | Original CLTV | 65 | 70 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 777299 | xxxxxx | Original LTV | 65 | 70 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 778308 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 778308 | xxxxxx | Cash From Borrower | 0 | 456840.63 | Verified | Field value reflects source document |
| xxxxxx | 778308 | xxxxxx | Investor: Qualifying Total Debt Ratio | 38.95 | 43.71795 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 778420 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778420 | xxxxxx | Cash From Borrower | 0 | 374435.75 | Verified | Field value reflects source document |
| xxxxxx | 778114 | xxxxxx | Property Type | xxxxxx | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778114 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778114 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 778114 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 778114 | xxxxxx | Cash From Borrower | 0 | 183299.87 | Verified | Field value reflects source document |
| xxxxxx | 779058 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 779058 | xxxxxx | Cash From Borrower | 0 | 199570.23 | Verified | Field value reflects source document |
| xxxxxx | 779117 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 779117 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 779117 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 779117 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 779117 | xxxxxx | Cash From Borrower | 0 | 246294.42 | Verified | Field value reflects source document |
| xxxxxx | 777463 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777463 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777463 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 777463 | xxxxxx | Original P&I |  | 14170.58 | Verified | Field Value reflects Note value |
| xxxxxx | 777463 | xxxxxx | # of Units | 5 | 8 | Verified | Field value reflects source document |
| xxxxxx | 777463 | xxxxxx | Appraisal Effective Date |  | 2022-10-03 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 777463 | xxxxxx | Cash From Borrower | 0 | 455400.53 | Verified | Field value reflects source document |
| xxxxxx | 778320 | xxxxxx | Cash From Borrower | 0 | 227572.05 | Verified | Field value reflects source document |
| xxxxxx | 778658 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 778658 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778658 | xxxxxx | Original Interest Rate | 8.875 | 8.625 | Verified | Field Value reflects the Note value |
| xxxxxx | 778658 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778658 | xxxxxx | Original CLTV | 70 | 65 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 778658 | xxxxxx | Original LTV | 70 | 65 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 778658 | xxxxxx | Prepayment Penalty Period (months) | 12 | 24 | Verified | Field Value reflects 'PrePayment Penalty Period' per the Note |
| xxxxxx | 778658 | xxxxxx | Cash From Borrower | 0 | 186751.58 | Verified | Field value reflects source document |
| xxxxxx | 773282 | xxxxxx | Representative FICO | 765 | 771 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 773282 | xxxxxx | Cash From Borrower | 0 | 67590.88 | Verified | Field value reflects source document |
| xxxxxx | 778379 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the ARM rider |
| xxxxxx | 778379 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the ARM rider |
| xxxxxx | 778379 | xxxxxx | Cash From Borrower | 0 | 281182.17 | Verified | Field value reflects source document |
| xxxxxx | 778380 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778380 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 778380 | xxxxxx | Cash From Borrower | 0 | 107819.59 | Verified | Field value reflects source document |
| xxxxxx | 777839 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777839 | xxxxxx | Representative FICO | 765 | 776 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 777839 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 777839 | xxxxxx | Cash From Borrower | 0 | 189554.4 | Verified | Field value reflects source document |
| xxxxxx | 777839 | xxxxxx | Investor: Qualifying Total Debt Ratio | 39 | 41.69777 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 779080 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779080 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779080 | xxxxxx | Cash From Borrower | 0 | 89454.14 | Verified | Field value reflects source document |
| xxxxxx | 778589 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778589 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778589 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778589 | xxxxxx | Cash From Borrower | 0 | 184991.74 | Verified | Field value reflects source document |
| xxxxxx | 778586 | xxxxxx | Representative FICO | 801 | 785 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 778586 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778586 | xxxxxx | Cash From Borrower | 0 | 160506.12 | Verified | Field value reflects source document |
| xxxxxx | 778161 | xxxxxx | Cash To Borrower | 298999.99 | 292297.21 | Verified | Field value reflects source document |
| xxxxxx | 777862 | xxxxxx | City | xxxxxx | xxxxxx | Verified | Field Value reflects City per Note |
| xxxxxx | 777862 | xxxxxx | Cash To Borrower | 114375 | 52938.02 | Verified | Field value reflects source document |
| xxxxxx | 777862 | xxxxxx | Investor: Qualifying Total Debt Ratio | 12.49 | 33.29454 | Verified | Field Value DTI is higher than Tape value due to Lender used lower consumer debt than verified by audit |
| xxxxxx | 779658 | xxxxxx | Property Type | Single Family Detached | Single Family Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779658 | xxxxxx | Cash From Borrower | 0 | 54313.6 | Verified | Field value reflects source document |
| xxxxxx | 779118 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 779118 | xxxxxx | Cash From Borrower | 0 | 102335.75 | Verified | Field value reflects source document |
| xxxxxx | 779118 | xxxxxx | Investor: Qualifying Total Debt Ratio | 47.25 | 39.9049 | Verified | DTI lower at audit due to higher income calculations. |
| xxxxxx | 778700 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778700 | xxxxxx | Cash From Borrower | 0 | 643981.02 | Verified | Field value reflects source document |
| xxxxxx | 779719 | xxxxxx | Property Type |  | 4 Family | Verified | Unable to verify due to missing information |
| xxxxxx | 779719 | xxxxxx | Cash To Borrower | 0 | 58667.54 | Verified | Field value reflects source document |
| xxxxxx | 779720 | xxxxxx | Representative FICO | 706 | 646 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 779720 | xxxxxx | Property Type |  | 4 Family | Verified | Unable to verify due to missing information |
| xxxxxx | 779720 | xxxxxx | Cash To Borrower | 0 | 58845.28 | Verified | Field value reflects source document |
| xxxxxx | 779721 | xxxxxx | Representative FICO | 706 | 631 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 779721 | xxxxxx | Property Type |  | 4 Family | Verified | Unable to verify due to missing information |
| xxxxxx | 779721 | xxxxxx | Cash To Borrower | 0 | 58893.02 | Verified | Field value reflects source document |
| xxxxxx | 779723 | xxxxxx | Representative FICO | 772 | 729 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 779723 | xxxxxx | Property Type |  | 4 Family | Verified | Unable to verify due to missing information |
| xxxxxx | 779723 | xxxxxx | Cash To Borrower | 0 | 530410.69 | Verified | Field value reflects source document |
| xxxxxx | 779726 | xxxxxx | Cash From Borrower | 0 | 51010.14 | Verified | Field value reflects source document |
| xxxxxx | 778821 | xxxxxx | Original Interest Rate | 9.375 | 9.25 | Verified | Field Value reflects the Note value |
| xxxxxx | 778821 | xxxxxx | Cash From Borrower | 0 | 283465.1 | Verified | Field value reflects source document |
| xxxxxx | 779572 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 779572 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779572 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 779572 | xxxxxx | Original P&I |  | 8351.71 | Verified | Field Value reflects Note value |
| xxxxxx | 779572 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779572 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779572 | xxxxxx | Appraisal Effective Date |  | 2022-09-15 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 779572 | xxxxxx | Cash From Borrower | 0 | 925422 | Verified | Field value reflects source document |
| xxxxxx | 779889 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Security Instrument |
| xxxxxx | 779889 | xxxxxx | Cash To Borrower | 68205 | 63231.24 | Verified | Field value reflects source document |
| xxxxxx | 778388 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778388 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 778388 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778388 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 778388 | xxxxxx | Original Interest Rate | 8.625 | 8.375 | Verified | Field Value reflects the Note value |
| xxxxxx | 778388 | xxxxxx | Original P&I |  | 1406.13 | Verified | Field Value reflects Note value |
| xxxxxx | 778388 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778388 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778388 | xxxxxx | Cash To Borrower | 46150 | 7194.13 | Verified | Field value reflects source document |
| xxxxxx | 778388 | xxxxxx | Original CLTV | 65 | 63.36 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lowest appraised value. (Refinances) |
| xxxxxx | 778388 | xxxxxx | Original LTV | 65 | 63.36 | Verified | Field Value reflects the Original Principal Balance divided by the lowest appraised value. (Refinances) |
| xxxxxx | 778388 | xxxxxx | Appraisal Effective Date |  | 2022-09-20 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 780078 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 780078 | xxxxxx | Cash To Borrower | 180205 | 168696.79 | Verified | Field value reflects source document |
| xxxxxx | 777416 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 777416 | xxxxxx | Cash From Borrower | 0 | 271653.15 | Verified | Field value reflects source document |
| xxxxxx | 778811 | xxxxxx | Cash To Borrower | 1000 | 83764.38 | Verified | Field value reflects source document |
| xxxxxx | 775412 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 775412 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 775412 | xxxxxx | Cash To Borrower | 150500 | 139987.91 | Verified | Field value reflects source document |
| xxxxxx | 778460 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778460 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778460 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 778460 | xxxxxx | Original CLTV | 50 | 51.12 | Verified | Field Value reflects the sum of Original Principal Balance and other financing divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 778460 | xxxxxx | Original LTV | 50 | 51.12 | Verified | Field Value reflects Original Principal Balance divided by the lesser of the appraised value or purchase price. (Purchases) |
| xxxxxx | 778460 | xxxxxx | Cash From Borrower | 0 | 158640.72 | Verified | Field value reflects source document |
| xxxxxx | 779244 | xxxxxx | Cash From Borrower | 0 | 226956.6 | Verified | Field value reflects source document |
| xxxxxx | 779732 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 779732 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 779732 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 779732 | xxxxxx | Cash From Borrower | 0 | 266220.91 | Verified | Field value reflects source document |
| xxxxxx | 778707 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778707 | xxxxxx | Cash From Borrower | 0 | 186758.07 | Verified | Field value reflects source document |
| xxxxxx | 780079 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 780079 | xxxxxx | Cash To Borrower | 182655 | 172508.77 | Verified | Field value reflects source document |
| xxxxxx | 780084 | xxxxxx | Cash To Borrower | 195124 | 202442.39 | Verified | Field value reflects source document |
| xxxxxx | 779502 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 779502 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779502 | xxxxxx | Maturity Date |  | xxxxxx | Verified | Field Value reflects Maturity Date per the Note |
| xxxxxx | 779502 | xxxxxx | Original P&I |  | 3547.26 | Verified | Field Value reflects Note value |
| xxxxxx | 779502 | xxxxxx | Property Type | Single Family Attached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779502 | xxxxxx | Appraisal Effective Date |  | 2022-10-07 | Verified | Tape Value reflects Appraisal Date |
| xxxxxx | 779502 | xxxxxx | Cash From Borrower | 0 | 271945.3 | Verified | Field value reflects source document |
| xxxxxx | 778502 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778502 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778502 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 778502 | xxxxxx | Cash From Borrower | 0 | 135480.69 | Verified | Field value reflects source document |
| xxxxxx | 778502 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 43.07313 | Verified | The Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 779657 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779657 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779657 | xxxxxx | Cash From Borrower | 0 | 182342.74 | Verified | Field value reflects source document |
| xxxxxx | 777489 | xxxxxx | Amortization Term | 360 | 480 | Verified | Field Value reflects Amortization Term per Note |
| xxxxxx | 777489 | xxxxxx | Cash To Borrower | 150000 | 137498.31 | Verified | Field value reflects source document |
| xxxxxx | 780119 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 780119 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 780119 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the HUD-1 or CD |
| xxxxxx | 780119 | xxxxxx | Cash From Borrower | 0 | 162230 | Verified | Field value reflects source document |
| xxxxxx | 779818 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 779818 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779818 | xxxxxx | Cash From Borrower | 0 | 219122.3 | Verified | Field value reflects source document |
| xxxxxx | 778049 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778049 | xxxxxx | Cash To Borrower | 103795.54 | 59178.25 | Verified | Field value reflects source document |
| xxxxxx | 779173 | xxxxxx | Cash From Borrower | 0 | 86755.07 | Verified | Field value reflects source document |
| xxxxxx | 777854 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 777854 | xxxxxx | Cash To Borrower | 173600 | 156027.93 | Verified | Field value reflects source document |
| xxxxxx | 779016 | xxxxxx | Original Loan Amount | xxxxxx | xxxxxx | Verified | Field Value reflects the Note value |
| xxxxxx | 779016 | xxxxxx | Representative FICO | 773 | 779 | Verified | Field Value Representative FICO reflects the lowest mid score of all borrowers |
| xxxxxx | 779016 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 779016 | xxxxxx | Cash To Borrower | 502000 | 650284.55 | Verified | Field value reflects source document |
| xxxxxx | 779016 | xxxxxx | Investor: Qualifying Total Debt Ratio | 40 | 34.03249 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 779164 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 779164 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779164 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779164 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 779164 | xxxxxx | Margin | 2 | 5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 779164 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 779164 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 779164 | xxxxxx | Cash From Borrower | 0 | 252254.86 | Verified | Field value reflects source document |
| xxxxxx | 779164 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 47.57917 | Verified | The Field Value DTI is inline with the 1008 DTI. |
| xxxxxx | 778643 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 778643 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 778643 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778643 | xxxxxx | Property Type |  | Condo (Low Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778643 | xxxxxx | Doc Type |  | 12mo CPA P&L | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 778643 | xxxxxx | Cash From Borrower | 0 | 127761.81 | Verified | Field value reflects source document |
| xxxxxx | 778643 | xxxxxx | Investor: Qualifying Total Debt Ratio |  | 37.25367 | Verified | Field Value DTI is higher than Tape value due to Lender used higher qualifying income than verified by audit |
| xxxxxx | 780175 | xxxxxx | Borrower SSN |  | xxxxxx | Verified | Field Value verified by application or other documentation in file |
| xxxxxx | 780175 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 780175 | xxxxxx | Property Type | Single Family Attached | Single Family Detached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 780175 | xxxxxx | Cash To Borrower | 142050.45 | 143417.64 | Verified | Field value reflects source document |
| xxxxxx | 778343 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 778343 | xxxxxx | Property Type | Single Family Detached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 778343 | xxxxxx | Cash From Borrower | 0 | 4290.87 | Verified | Field value reflects source document |
| xxxxxx | 779816 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 779816 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 779816 | xxxxxx | Cash From Borrower | 0 | 75411.87 | Verified | Field value reflects source document |
| xxxxxx | 779440 | xxxxxx | Property Type | Single Family Detached | PUD | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779440 | xxxxxx | Doc Type | Full | Reduced | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779440 | xxxxxx | Appraised Value | xxxxxx | xxxxxx | Verified | Field Value captured from Valuation model in file |
| xxxxxx | 779440 | xxxxxx | Cash From Borrower | 0 | 330195.74 | Verified | Field value reflects source document |
| xxxxxx | 779440 | xxxxxx | Investor: Qualifying Total Debt Ratio | 19 | 7.46117 | Verified | Field Value DTI is in line with the 1008 DTI. |
| xxxxxx | 779882 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779882 | xxxxxx | Borrower FTHB | 0 | 1 | Verified | Field Value verified by Application, Credit Report or other documentation in file |
| xxxxxx | 779882 | xxxxxx | Cash From Borrower | 0 | 116430.29 | Verified | Field value reflects source document |
| xxxxxx | 779281 | xxxxxx | Property Type | Single Family Attached | PUD Attached | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 779281 | xxxxxx | Doc Type |  | Full | Verified | Field Value reflects documentation located in origination file |
| xxxxxx | 779281 | xxxxxx | Cash From Borrower | 0 | 80155.67 | Verified | Field value reflects source document |
| xxxxxx | 779281 | xxxxxx | Investor: Qualifying Total Debt Ratio | 32 | 22.61639 | Verified | DTI is less than bid tape value. |
| xxxxxx | 779668 | xxxxxx | Street | xxxxxx | xxxxxx | Verified | Field Value reflects Street per Note |
| xxxxxx | 779668 | xxxxxx | Zip | xxxxxx | xxxxxx | Verified | Field Value reflects Zip per Note |
| xxxxxx | 779668 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 779668 | xxxxxx | Refi Purpose | Cash-out - Other | Rate/Term | Verified | Up to 10K allowed on R.T |
| xxxxxx | 779668 | xxxxxx | Cash To Borrower | 24105 | 8482.96 | Verified | Field value reflects source document |
| xxxxxx | 780128 | xxxxxx | Cash From Borrower | 0 | 119701.19 | Verified | Field value reflects source document |
| xxxxxx | 779438 | xxxxxx | Cash To Borrower | 91542 | 74679.65 | Verified | Field value reflects source document |
| xxxxxx | 779438 | xxxxxx | Investor: Qualifying Total Debt Ratio | 49.496 | 47.43726 | Verified | The Field Value DTI is higher than the 1008 DTI due to the Lender used higher income to qualify the loan than verified. |
| xxxxxx | 779123 | xxxxxx | Margin | 2 | 6.5 | Verified | Field Value reflects 'Margin' per the Note |
| xxxxxx | 779123 | xxxxxx | Interest Rate Life Cap | 7 | 5 | Verified | Field Value reflects 'Interest Rate Life Cap' per the Note |
| xxxxxx | 779123 | xxxxxx | Cash From Borrower | 0 | 221694.69 | Verified | Field value reflects source document |
| xxxxxx | 780172 | xxxxxx | Borrower Last Name | xxxxxx | xxxxxx | Verified | Field Value reflects Borrower name as it appears on the Note |
| xxxxxx | 780172 | xxxxxx | First Payment Date |  | xxxxxx | Verified | Field Value reflects First Payment Date per the Note |
| xxxxxx | 780172 | xxxxxx | Property Type |  | Condo (High Rise) | Verified | Field Value captured from Appraisal or Valuation model in file |
| xxxxxx | 780172 | xxxxxx | Contract Sales Price | xxxxxx | xxxxxx | Verified | Field Value reflects sales price as it appears on the sales/purchase contract and/or addendum |
| xxxxxx | 780172 | xxxxxx | Cash From Borrower | 0 | 196398.5 | Verified | Field value reflects source document |

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## Exhibit 99.3

**EXHIBIT 99.3**

**AMC EXCEPTION GRADES**

![](tm2233586d1_ex99-3img001.jpg)

**Exception Grades**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **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** | **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** | **Loan Group** |
| xxxxxx | 753372 | xxxxxx | 21444320 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Borrower Contact Consent Form is missing | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | Reviewer Comment (2021-07-06): Client elects to waive with verified compensation factors |  |  | 07/06/2021 | 2 C B D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21444437 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx xxxxxx, Credit Report: Original // Borrower: xxxxxx xxxxxx |  |  |  | Reviewer Comment (2021-06-24): Updated overlays provided. Fraud Report not required. | 06/24/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21445897 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx xxxxxx,, Credit Report: Original // Borrower: xxxxxx xxxxxx | The Credit reports for both Guarantors are dated greater than 90 days from the Note date. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | Reviewer Comment (2021-07-06): Client elects to waive with verified compensation factors |  |  | 07/06/2021 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21446296 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The 1008 with UW name or Lender's Approval with conditions is required and was not provided. |  |  | Reviewer Comment (2021-07-20): Per new overlays, not required | 07/20/2021 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21459447 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | ARM type CMT not allowed |  |  | Reviewer Comment (2021-06-24): Updated overlays provided. CMT an allowed ARM type. | 06/24/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21459466 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | When the credit report contains tradelines disputed by the borrower, the credit file should be documented with a credit supplement showing the accounts have been resolved. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | Reviewer Comment (2021-07-06): Client elects to waive with verified compensation factors |  |  | 07/06/2021 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753372 | xxxxxx | 21459587 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOM required for SP and Borrower's primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | . |  |  | 07/06/2021 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 753833 | xxxxxx | 21998814 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | Need updated Fraud report showing a passing score/alerts addressed/cleared | The representative FICO score is above 680.<br>The qualifying DTI on the loan is less than or equal to 35%.<br>The Loan to Value (LTV) 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 or equal to 70%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reviewer Comment (2021-08-02): The client elects to waive with comp factors. |  |  | 08/02/2021 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | D C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 753833 | xxxxxx | 21998923 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing.; Sec ID: 1 | Note date: xxxxxx ; Lien Position: 1 | Appraisal is exterior only on Form 1075. AUS requires an interior and exterior property inspection on form 1073 |  |  | Reviewer Comment (2021-11-19): Client elects to waive<br>Reviewer Comment (2021-08-04): BPO received.<br>Reviewer Comment (2021-08-02): BPO order has been placed. |  |  | 11/19/2021 | 3 D | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | D C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 753833 | xxxxxx | 21999049 | xxxxxx | xxxxxx | 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: xxxxxx <br> Disaster End date: xxxxxx <br> Disaster Name: xxxxxx xxxxxx Disaster Declaration date: xxxxxx | Loan shows a disaster end date of xxxxxx . The most recent inspection date was xxxxxx using an exterior only report. |  |  | Reviewer Comment (2021-08-04): PDI received<br>Reviewer Comment (2021-08-02): PDI order has been placed. | 08/04/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | D C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 753833 | xxxxxx | 22135310 | xxxxxx | xxxxxx | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Drive by (exterior only) appraisal was provided in lieu of full appraisal. Secondary valuation does not support value. (GSE COVID19) | Application date: xxxxxx ;<br> Closing date: xxxxxx | BPO value xxxxxx, which is a 23.33% variance from origination appraisal. |  |  | Reviewer Comment (2021-08-20): Investor okay with taking as EV3. |  |  | 08/20/2021 | 3 C | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | D C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 753833 | xxxxxx | 23000390 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has been affected by the disaster. | Disaster Name: xxxxxx xxxxxx<br> Disaster Declaration date: xxxxxx | PDI received xxxxxx reflects Minor Damage due to xxxxxx: CTC $1,000 - $10,000. Comments: Subject appears to have xxxxxx damage that has been covered by a xxxxxx. The xxxxxx likely needs to be replaced. | The representative FICO score is above 680.<br>The qualifying DTI on the loan is less than or equal to 35%.<br>The Loan to Value (LTV) 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 or equal to 70%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reviewer Comment (2022-08-30): The client elects to waive. |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | D C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 759251 | xxxxxx | 23198634 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2021-11-30): Pro Teck CDA provided and supports value<br>Reviewer Comment (2021-10-24): Per client, CDA not to be ordered right now. Is reaching out to seller to see if they will provide their own.<br>Reviewer Comment (2021-10-15): CDA will be ordered | 11/30/2021 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 759251 | xxxxxx | 23224323 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided |  | Background report not provided for Entities. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2021-10-26): Client elects to waive with verified compensation factors |  |  | 10/26/2021 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 759251 | xxxxxx | 23224329 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Judgment on background report not addressed. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2021-11-30): Client elects to waive with compensating factors |  |  | 11/30/2021 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 761277 | xxxxxx | 24041153 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Proof that the Borrower Received a copy of the Appraisal within 3 Business days prior to consummation was not provided. |  |  | Reviewer Comment (2021-12-14): Client elects to waive |  |  | 12/14/2021 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 761277 | xxxxxx | 24041525 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.92 is less than Guideline PITIA months reserves of 6.00. | Guideline reserve requirement has not been met. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2021-12-15): Client elects to waive with verified compensation factors |  |  | 12/15/2021 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24532766 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The borrower is self-employed. Guidelines require either a tax professional letter or regulatory agency verifying at least 2 years of self-employment along with either a phone listing and/or business address using directory assistance or internet search to be in file. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Bank Statements / Start date: xxxxxx | Missing Phone listing/ Directory Assistance / Internet Search. |  |  | Reviewer Comment (2022-01-28): Received; dated1 day prior to close | 01/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533176 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.53790% or Final Disclosure APR of 5.56100% is in excess of allowable threshold of APOR 3.16% + 1.5%, or 4.66000%. Non-Compliant Higher Priced Mortgage Loan. | The is a HPML |  |  | Reviewer Comment (2022-02-23): Investor agrees to accept as EV3, SOL 1 year expires xxxxxx .<br>Reviewer Comment (2022-02-17): SItusAMC received attestation however there is conflicting information in the file. D0115 is inquiry on the loan program with the 6 pieces of information (name, FICO obtained through SSN, property address is noted in links, LTV is noted, and loan amount) dated xxxxxx and D0160 indicates document on xxxxxx document was also sent and signed by borrower.<br>Reviewer Comment (2022-01-28): Copied from Compliance Associate; The 6 pieces of required information appear to be available on the loan signed by the loan officer on xxxxxx . The consumer should received the initial LE within 3 days of application. The initial LE can come from broker or lender but it has to be received by, or documented to be in the mail by the end of the third business day. Please provide that LE for testing. |  | 12/16/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533177 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.07997% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .07997%). |  |  |  | Reviewer Comment (2022-01-25): The client elects to waive. |  |  | 01/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533178 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. | Broker Application Dated xxxxxx , Lender Application Dated xxxxxx |  |  | Reviewer Comment (2022-01-25): The client elects to waive. |  |  | 01/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533179 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial xxxxxx) | The earliest LE in the file is dated xxxxxx ; however, the initial application is dated xxxxxx |  |  | Reviewer Comment (2022-02-23): Investor agrees to accept as EV3, SOL 1 year expires xxxxxx .<br>Reviewer Comment (2022-02-17): SItusAMC received attestation however there is conflicting information in the file. D0115 is inquiry on the loan program with the 6 pieces of information (name, FICO obtained through SSN, property address is noted in links, LTV is noted, and loan amount) dated10/25 and D0160 indicates document on xxxxxx document was also sent and signed by borrower.<br>Reviewer Comment (2022-01-28): The 6 pieces of required information appear to be available on the loan signed by the loan officer on xxxxxx . The consumer should received the initial LE within 3 days of application. The initial LE can come from broker or lender but it has to be received by, or documented to be in the mail by the end of the third business day. Please provide that LE for testing. |  | 12/16/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533227 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | Borrower received a copy of the Appraisal Disclosure on xxxxxx . Initial Application xxxxxx . |  |  | Reviewer Comment (2022-01-27): Client elects to waive |  |  | 01/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | 24533228 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - HPML Timing | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | Borrower received a copy of the Appraisal Disclosure on xxxxxx . Initial Application xxxxxx . |  |  | Reviewer Comment (2022-02-23): Investor agrees to accept as EV3, SOL 1 year expires xxxxxx .<br>Reviewer Comment (2022-02-17): SItusAMC received attestation however there is conflicting information in the file. D0115 is inquiry on the loan program with the 6 pieces of information (name, FICO obtained through SSN, property address is noted in links, LTV is noted, and loan amount) dated10/25 and D0160 indicates document on xxxxxx document was also sent and signed by borrower.<br>Reviewer Comment (2022-01-28): Copied from Compliance Associate; The 6 pieces of required information appear to be available on the loan signed by the loan officer on xxxxxx . The consumer should received the initial LE within 3 days of application. The initial LE can come from broker or lender but it has to be received by, or documented to be in the mail by the end of the third business day. Please provide that LE for testing. |  | 12/16/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 764363 | xxxxxx | 24683501 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided |  |  |  |  | Reviewer Comment (2021-12-07): ARM Rider has been received and associated, hence exception cleared | 12/07/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 764363 | xxxxxx | 24683502 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  |  |  |  | Reviewer Comment (2021-12-07): PUD Rider has been received and associated, hence exception cleared | 12/07/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 764363 | xxxxxx | 24683504 | xxxxxx | xxxxxx | 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: xxxxxx <br> Disaster End date: xxxxxx <br> Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx | The property is located in a FEMA disaster area. Provide a post-disaster inspection verifying there was no damage. Note: the disaster end date has been identified as xxxxxx . The inspection must include exterior photos and the property must be re-inspected on or after the declared end date. |  |  | Reviewer Comment (2021-12-15): Received Property Disaster Report with Exterior Photos and updated, Exception Cleared | 12/15/2021 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 764363 | xxxxxx | 24683505 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | The file is missing a copy of the secondary valuation required for securitization purposes. |  |  | Reviewer Comment (2021-12-08): CDA provided. Exception is clear. | 12/08/2021 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 766424 | xxxxxx | 24801716 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Blanket HOI does not reflect the subject property address. |  |  | Reviewer Comment (2022-03-23): Received LOE from Insurance Agent<br>Reviewer Comment (2022-03-15): Per the investor's request the address must match the Note | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766424 | xxxxxx | 24801788 | xxxxxx | xxxxxx | 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. |  | Principal address not located in xxxxxx. |  |  | Reviewer Comment (2022-03-02): Per client, they are comfortable with the disclosure as-is which co-insides with the verbiage on the legal documents and other disclosures in file to verify loan is a business purpose loan. | 03/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766424 | xxxxxx | 24801798 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal reflects unit number as xxxxxx and CDA reflects xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-03-25): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-23): Appraisal reflects unit # as xxxxxx and updated CDA shows unit # as xxxxxx. Note only shows Unit # xxxxxx.<br>Reviewer Comment (2022-03-15): Per the investor's request the address must match the Note |  |  | 03/25/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766319 | xxxxxx | 24793434 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-04-06): Received current CoGS<br>Reviewer Comment (2022-03-18): Received Invoice; however, this does not clear a Cert of Good Standing | 04/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766319 | xxxxxx | 24794010 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-03-24): Received Final Title | 03/24/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766319 | xxxxxx | 24815834 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Provide the deed transferring the property to the Entity. |  |  | Reviewer Comment (2022-03-24): Received Final Title that shows borrowing entity vested<br>Reviewer Comment (2022-03-22): Reviewed all documents; deed of transfer not found | 03/24/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766319 | xxxxxx | 24815849 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided |  | LOE not provided |  |  | Reviewer Comment (2022-03-18): Received | 03/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766329 | xxxxxx | 24794056 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Flood Insurance Error: Policy number is not provided. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-02-16): Client elects to waive |  |  | 02/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A |  | N/A | No | Property Focused |
| xxxxxx | 766398 | xxxxxx | 24824984 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Must cover 100% of insured improvements or at minimum 80%. Provide the RCE. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-03-15): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-14): The LOE from agent stating 100% replacement cost is not sufficient alone. Guidelines require the dwelling coverage to cover 100% of the insurable value. |  |  | 03/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766398 | xxxxxx | 24824998 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $100,000.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-02-23): Client to waive with verified compensating factors |  |  | 02/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766352 | xxxxxx | 24805183 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  | Reviewer Comment (2022-03-16): Received<br>Reviewer Comment (2022-03-15): There are no new attachments founds - please resend | 03/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 766352 | xxxxxx | 24805241 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-03-11): Received CoGS | 03/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 766352 | xxxxxx | 24828253 | xxxxxx | xxxxxx | 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. |  | Principal address, xxxxxx, is not completed. |  |  | Reviewer Comment (2022-03-02): Per client, they are comfortable with the disclosure as-is which co-insides with the verbiage on the legal documents and other disclosures in file to verify loan is a business purpose loan. | 03/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 766352 | xxxxxx | 24828257 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: xxxxxx xxxxxx % of Business Ownership: 95.00% | All members of the LLC are required to Guaranty the loan. |  |  | Reviewer Comment (2022-03-25): Received updated Guaranty | 03/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 766302 | xxxxxx | 24774080 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to borrower VVOE being dated after the Note date. |  |  | Reviewer Comment (2022-03-16): Received VVOE prior to Note date<br>Reviewer Comment (2022-03-15): No new attachments found - please resend<br>Reviewer Comment (2022-03-09): Unable to clear; the VVOE xxxxxx is > 30 days and is incomplete - not all questions answered for Salaried Applicant. Employer Contact is Self Employed ? Please provided fully completed VVOE 10 day prior to close.<br>Reviewer Comment (2022-03-07): The only VVOE provided is dated after the Note date, which is what compliance testing is completed on. To clear this condition, a VVOE dated prior to the Note date will be required.<br>Reviewer Comment (2022-03-04): Guidelines; In all cases, a Verbal VOE (dated within 10 days of the note date) must be completed | 03/16/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 766302 | xxxxxx | 24774081 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (xxxxxx Network/Wages) | Due to borrower VVOE being dated after the Note date. |  |  | Reviewer Comment (2022-03-16): Received VVOE prior to Note date<br>Reviewer Comment (2022-03-15): No new attachments found - please resend<br>Reviewer Comment (2022-03-09): Unable to clear; the VVOE xxxxxx is > 30 days and is incomplete - not all questions answered for Salaried Applicant. Employer Contact is Self Employed ? Please provided fully completed VVOE 10 day prior to close.<br>Reviewer Comment (2022-03-07): The only VVOE provided is dated after the Note date, which is what compliance testing is completed on. To clear this condition, a VVOE dated prior to the Note date will be required.<br>Reviewer Comment (2022-03-04): Guidelines; In all cases, a Verbal VOE (dated within 10 days of the note date) must be completed | 03/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766302 | xxxxxx | 24774082 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to borrower VVOE being dated after the Note date. |  |  | Reviewer Comment (2022-03-16): Received VVOE prior to Note date | 03/16/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766302 | xxxxxx | 24774085 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated xxxxxx was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial xxxxxx) | Earliest e-sign consent in the file is dated xxxxxx , which is after the initial LE dated xxxxxx was sent to the borrower. |  |  | Reviewer Comment (2022-03-09): SitusAMC Received Attestation stating Lender office was closed on xxxxxx .<br>Reviewer Comment (2022-03-04): SitusAMC reviewed documents indicating e consent completed xxxxxx however to meet timing requirements the e consent needed to be completed by xxxxxx , the 3rd business day. If lender was closed please provide an attestation or earlier e consent if available. | 03/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766444 | xxxxxx | 24810176 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | Lender Guidelines reflect the maximum LTV for cash out with a DSCR under 1.00% is 70%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-02-23): Client elects to waive with verified compensating factors |  |  | 02/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766444 | xxxxxx | 24838317 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | LOE from the borrower disclosing the purpose of the cash-out was not found in the file. |  |  | Reviewer Comment (2022-03-14): received Borrower LOE regarding cash out | 03/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766474 | xxxxxx | 24825334 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 53.00884% exceeds Guideline total debt ratio of 43.00000%. | Per final 1003, borrower's primary residence is pending sale; however, the loan file does not contain any documentation showing it was sold prior to the subject loan closing. Also, the final 1003 reflects $3,905 per month in rental income was used for the subject property, which is from the 1007 in the file; however, the loan file also contains a one page document reflecting the current tenants are paying $2,695 per month. Guidelines require the use of the lower of these figures. Further, borrower is purchasing 2 additional REOs on the same street as the subject. xxxxxx was disclosed on the 1003 provided, but rental income of $3,385 was used versus the $2,695 indicated on the lease document. xxxxxx the rental income was input as $3,385 per month versus the $2,575 indicated on the lease agreement. Based on all of these factors, DTI exceeds the maximum allowed DTI of 43% (borrower does not meet residual income requirements to increase DTI to 50%). | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 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>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-04-11): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-04-11): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 85.50569% exceeds Guideline total debt ratio of 43.00000%.<br>Reviewer Comment (2022-03-24): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 71.83572% exceeds Guideline total debt ratio of 43.00000%.(Due to adding PITIA into ratios for 2 REO properties with missing documents)<br>Reviewer Comment (2022-03-24): DTI still in excess; The final 1003 reflects $3,905 per month in rental income was used for the subject property, which is from the 1007 in the file; however, the loan file also contains a one page document reflecting the current tenants are paying $2,695 per month. Guidelines require the use of the lower of these figures. Further, borrower is purchasing 2 additional REOs on the same street as the subject. xxxxxx was disclosed on the 1003 provided, but rental income of $3,385 was used versus the $2,695 indicated on the lease document. xxxxxx the rental income was input as $3,385 per month versus the $2,575 indicated on the lease agreement. Based on all of these factors, DTI exceeds the maximum allowed DTI of 43% (borrower does not meet residual income requirements to increase DTI to 50%).<br>Reviewer Comment (2022-03-24): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 93.50961% exceeds Guideline total debt ratio of 43.00000%. |  |  | 04/11/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 24866647 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | The final 1003 provided is for the borrower's concurrent purchase on xxxxxx and not our subject property. Please provide final 1003 for our subject property. |  |  | Reviewer Comment (2022-03-17): Received Final (signed/dated) 1003 for subject | 03/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 24867220 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-03-04): Client elects to waive with verified compensating factors |  |  | 03/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 24867575 | xxxxxx | xxxxxx | 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 3.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-03-04): Client elects to waive with verified compensating factors |  |  | 03/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 24867607 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $86,885.26 is less than Cash From Borrower $145,828.63. | Documented qualifying Assets for Closing of $86,885.26 is less than Cash From Borrower $145,828.63. Loan file contains business bank statements in xxxxxx account 9905; however, there is no evidence in the file that borrower has ownership in this business and that the borrower is able to use these funds. |  |  | Reviewer Comment (2022-03-24): Received Business Search - Entity Details /Articles | 03/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 24867619 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx,Insurance Verification, Tax Verification<br> Insurance Verification, Tax Verification | Missing the following REO docs: The mortgage statement, tax and insurance verification for the concurrent purchases at xxxxxx and xxxxxx. |  |  | Reviewer Comment (2022-03-24): CD's received for both properties. Were able to determine PITIA.<br>Reviewer Comment (2022-03-24): Exception Explanation Updated from: Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement, Tax Verification<br>Reviewer Comment (2022-03-24): Received CD's for bother properties (not escrowed); Still need to validate taxes and Insurance on xxxxxx and xxxxxx. | 03/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766474 | xxxxxx | 25286816 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines for purchase transactions, the lower of the current lease amount or comparable rent schedule should be used to calculate rental income. Lender used higher amounts from comparable rent schedule to calculate monthly rental income on subject property and two additional REOs purchased on the same date. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 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>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-04-11): Client elects to waive with verified compensation factors |  |  | 04/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766434 | xxxxxx | 24817402 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided |  | An LOE from the borrower disclosing the purpose of the cash-out is required on all cash-out transactions |  |  | Reviewer Comment (2022-03-15): Received | 03/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766434 | xxxxxx | 25462378 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Received executed, revised/corrected Note. Pending receipt of LOE to borrower regarding changes/corrections. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-04-26): Client elects to waive with verified compensation factors |  |  | 04/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 766430 | xxxxxx | 24814630 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The file is missing the final HUD/Closing Statement/Closing Disclosure for the subject property. |  |  | Reviewer Comment (2022-04-06): Received Final SS<br>Reviewer Comment (2022-03-14): Please provided signed/stamped Settlement Statement from Settlement Agent | 04/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 766430 | xxxxxx | 24816959 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | The guidelines allow for a maximum LTV of 70% when the property is located in a rural area. The loan closed with an LTV of 80%. The file contains a lender's exception. The exception must be approved by the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-03-01): Client elects to waive with verified compensating factors |  |  | 03/01/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 766430 | xxxxxx | 24854699 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | The updated Cert of Good Standing for xxxxxx is not dated. Must be within 120 days. |  |  | Reviewer Comment (2022-04-06): Received current CoGS<br>Reviewer Comment (2022-03-25): Document does not have a date to fully validate - please provided dated copy within 120 days | 04/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 766430 | xxxxxx | 24854756 | xxxxxx | xxxxxx | 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. |  | Principal residence, 3a, is not completed. |  |  | Reviewer Comment (2022-03-02): Per client, they are comfortable with the disclosure as-is which co-insides with the verbiage on the legal documents and other disclosures in file to verify loan is a business purpose loan. | 03/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 766433 | xxxxxx | 24814637 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  |  |  |  | Reviewer Comment (2022-03-15): Received Final | 03/15/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766433 | xxxxxx | 24814779 | xxxxxx | xxxxxx | 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 6.00. | Missing Final HUD to determine if there is cashout that can be utilized for reserves or 2 months Bank Statements with adequate reserves. |  |  | Reviewer Comment (2022-03-15): Received Final HUD on C/O Refinance | 03/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766433 | xxxxxx | 24858508 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  |  |  | Reviewer Comment (2022-03-15): Received surveys provided by xxxxxx as alternative to 1007 | 03/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 766526 | xxxxxx | 24830472 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-02-24): Client elects to waive |  |  | 02/24/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766526 | xxxxxx | 24830473 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty | New Jersey Prepayment Penalty: No prepayment penalties are permissible in the state of New Jersey. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  | Reviewer Comment (2022-02-24): Client elects to waive |  |  | 02/24/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766526 | xxxxxx | 24878414 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-02-28): Client elects to waive with verified compensating factors |  |  | 02/28/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766526 | xxxxxx | 24878445 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require all LLCs to be single purpose LLCs; however, the subject LLC was previously used as a management company and was not a single purpose LLC. Loan file contains a lender exception request; however, all exception requests must come from the Investor. | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-02-28): Client elects to waive with verified compensating factors |  |  | 02/28/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | 24830476 | xxxxxx | xxxxxx | 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 $1,650.00 exceeds tolerance of $1,000.00. Insufficient or no cure was provided to the borrower. (7506) | Appraisal Fee was last disclosed as $1,000 on the LE but disclosed as $1,650 on the final Closing Disclosure. File does not contain a valid COC for this fee. Cure was provided at closing. |  |  | Reviewer Comment (2022-03-09): Situs AMC upon further review sufficient cure provided at closing. | 03/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | 24830974 | xxxxxx | xxxxxx | 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 |  | Appraisal effective date is xxxxxx and appraiser is xxxxxx. The effective date on the CDA is xxxxxx and shows the appraisal under review was completed by xxxxxx. Missing CDA for appraisal in file. |  |  | Reviewer Comment (2022-03-09): Received second appraisal report that matches CDA | 03/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | 24873950 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Per the bank statement guidelines, CPA letters are valid for 30 days. The CPA letter in the file is dated xxxxxx , which is more than 30 days from the Note date. |  |  | Reviewer Comment (2022-03-14): Received CPA letter; dated xxxxxx  | 03/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | 24873968 | xxxxxx | xxxxxx | 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 Home Warranty. Fee Amount of $5.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7543) | Zero percent fee tolerance exceeded for Home Warranty fee that is reflected on the post-closing CD provided. |  |  | Reviewer Comment (2022-03-16): "SitusAMC received PCCD and LOE where home warranty fee has been moved from section B to Section H.<br>Reviewer Comment (2022-03-15): SitusAMC has not received any LOE issued to the borrower informing the movement of Home warranty fee from Sec B to Sec H on CD dated xxxxxx. Exception remains.<br>Reviewer Comment (2022-03-09): SitusAMC upon further review received Corrected PCCD for Home Warranty fee moved to sec H from sec B. Missing Letter of Explanation sent to borrower for the changes. Please provide a copy of LOE. | 03/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | 24981554 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,650.00 exceeds tolerance of $1,000.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-03-09): Sufficient Cure Provided At Closing |  | 03/09/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24906259 | xxxxxx | xxxxxx | 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 the file . No evidence of title in file, Final title missing . |  |  | Reviewer Comment (2022-03-17): FTP provided | 03/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24906286 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-04-07): CDA received | 04/07/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24909302 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $105,185.36 is less than Cash From Borrower $149,750.94. |  |  |  | Reviewer Comment (2022-04-05): Received bank statement ending xxxxxx with proceeds from sale of reo (cd in file) | 04/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24909328 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated xxxxxx was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial xxxxxx) | Earliest e-sign consent disclosure in file is dated xxxxxx ; however, initial LE was issued xxxxxx . |  |  | Reviewer Comment (2022-03-11): SitusAMC received e consent document which is within time frame. | 03/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24914897 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Certificate is missing the unit number on the subject property. |  |  | Reviewer Comment (2022-03-30): Received updated Flood Cert | 03/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24921865 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-03-11): Approval received | 03/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24922429 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2022-04-05): Received bank statement ending xxxxxx with proceeds from sale of reo (cd in file) | 04/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24922445 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Award Letter / Continuance Letter | Provide award letter for borrower's retirement income reflected on final 1003. |  |  | Reviewer Comment (2022-04-05): Received updated 1003 with income source removed<br>Reviewer Comment (2022-03-30): Receive 1003; however, unable to clear. Exception is asking for award letter for borrower's xxxxxx as reflected on the 1003. | 04/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 24922481 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $900.00 exceeds tolerance of $675.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Zero percent fee tolerance exceeded; however, sufficient cure was provided at closing. |  |  | Reviewer Comment (2022-03-02): Sufficient Cure Provided At Closing |  | 03/02/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | 25250438 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA reflect a Unit of xxxxxx vs. all other documents which reflect xxxxxx. |  |  | Reviewer Comment (2022-04-29): Received<br>Reviewer Comment (2022-04-27): Received revised CDA. Pending receipt of revised appraisal + delivery to borrower. | 04/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 766538 | xxxxxx | 24922185 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-03-08): Received updated HOI | 03/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 767126 | xxxxxx | 24940095 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Please have the Zip Code on the Hazard Insurance Dec page for the subject property corrected to read xxxxxx and than send for review. |  |  | Reviewer Comment (2022-03-16): Received | 03/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 767126 | xxxxxx | 24940227 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The HUD provided was not signed and dated. |  |  | Reviewer Comment (2022-03-16): Received Final (signed/dated) HUD | 03/16/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 767126 | xxxxxx | 24950921 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-03-31): Client elects to waive with verified compensation factors |  |  | 03/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 767322 | xxxxxx | 24959805 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence of ownership in xxxxxx. (originally vested on title). |  |  | Reviewer Comment (2022-03-18): Received entity documents | 03/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 767812 | xxxxxx | 25038545 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No Evidence provided |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767812 | xxxxxx | 25038546 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. | Title Company Closing Statement provided |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767812 | xxxxxx | 25049891 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | 1) Document current receipt of the lease income within 30 calendar days of the Note date with the most recent 1 months' check in all cases where a lease is utilized. Required for subject property and REO on xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-04-06): Client elects to waive with verified compensating factors |  |  | 04/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767812 | xxxxxx | 25050064 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-03-21): Client elects to waive with verified compensating factors |  |  | 03/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | 25029369 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | 25029371 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. |  |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | 25050224 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-03-21): Client elects to waive with verified compensating factors |  |  | 03/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | 25050520 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx xxxxxx |  |  |  | Reviewer Comment (2022-03-22): Received adjusted FraudGuard | 03/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | 25036478 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  |  |  | Reviewer Comment (2022-03-22): Received Form 442 | 03/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | 25038034 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | 25050753 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Credit | Income verified is less than qualifying income. |  | 1) CPA is valid for 120 days and must be reverified no more than 30 days prior to closing 2) Provide the Certificate of Good Standing for the Borrowing Entity. |  |  | Reviewer Comment (2022-03-28): Received CPA Letter; dated xxxxxx <br>Reviewer Comment (2022-03-22): Received re-verification within 30 days and CoGS; however, the CPA Letter is valid within 120 days (CPA provided xxxxxx , Note dated xxxxxx) | 03/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | 25050794 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-03-21): Client elects to waive with verified compensating factors |  |  | 03/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | 25050819 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file for borrower having > 15 financed properties. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-03-21): Client elects to waive with verified compensating factors |  |  | 03/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | 25032813 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The loan file did not include evidence that any of the valuations were provided to the borrower. Please provide this evidence for all applicable. |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | 25033807 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Per lender guidelines, for use of Business Assets, funds are eligible on loans where the applicant can evidence that the withdrawal of the funds will not impact the operation of the business. This verbiage was not included on the CPA letter, and is required. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-03-23): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-22): Need these Business Assets to cover reserves. Per guidelines; Cash-out proceeds from a subject property refinance may not be used as post-closing reserves unless by exception. |  |  | 03/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | 25034211 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-03-16): Client elects to waive |  |  | 03/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | 25034337 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | The 1008 provided did not include the Underwriter's name as required, and no additional Approval was included in the file. |  |  | Reviewer Comment (2022-03-22): Received 1008 w/ UW name | 03/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | 25051287 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-03-21): Client elects to waive with verified compensating factors |  |  | 03/21/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25071288 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No evidence Appraisal delivered to the borrower three business days prior to consummation. |  |  | Reviewer Comment (2022-03-18): Client elects to waive |  |  | 03/18/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25071291 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty | New Jersey Prepayment Penalty: No prepayment penalties are permissible in the state of New Jersey. Prepay language states prepay will not exceed maximum permitted by applicable law. |  |  |  | Reviewer Comment (2022-04-07): Client elects to waive |  |  | 04/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25074445 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $300,000.00. | The loan is under the minimum loan amount of xxxxxx and the exception in file is from the Lender . All exceptions must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-03-22): Client elects to waive with verified compensation factors |  |  | 03/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25074548 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | Missing second valuation needed for Securitization and was not provided. |  |  | Reviewer Comment (2022-03-24): CDA received<br>Reviewer Comment (2022-03-22): CDA will be ordered | 03/24/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25074810 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx xxxxxx VVOE - Employment Only | Exception has been set for missing the VVOE within 10 days of the Note. |  |  | Reviewer Comment (2022-03-23): VVOE provided | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076605 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower living rent free are only allowed on Primary or Second homes. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-03-24): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-03-23): Exceptions must come from the Investor |  |  | 03/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076728 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the Cert of Good Standing for the Borrowing Entity. |  |  | Reviewer Comment (2022-03-23): COGS provided | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076962 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-03-18): Client elects to waive |  |  | 03/18/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076964 | xxxxxx | xxxxxx | 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 $3,656.25 exceeds tolerance of $2,925.00. Insufficient or no cure was provided to the borrower. (7200) | No valid COC in file |  |  | Reviewer Comment (2022-03-23): SitusAMC received LE, Rate Lock dated xxxxxx & COC dated xxxxxx . | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076966 | xxxxxx | xxxxxx | 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 Review Fee. Fee Amount of $300.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104) | No valid COC in file |  |  | Reviewer Comment (2022-04-05): SitusAMC received clarification on LLC review fee and COC available.<br>Reviewer Comment (2022-04-04): SitusAMC: Agreed, for loans that close in an LLC you have charged this LLC review fee but why it was not charged at time of Initial disclosure. We require additional Information to determine why it was added and when the lender became aware of the need for the fee – why it was not known at time of Initial disclosure. Please provide additional information to support a valid reason to add the LLC Review Fee $300 explaining what the fee purpose is, why the fee was required and provide information to support when lender became aware of the fee requirement, which must be within 3 business days of the redisclosure date, otherwise cure would be due to borrower.<br>Reviewer Comment (2022-03-25): SitusAMC upon review have considered the fee as LLC review Fee and not Appraisal Review fee. However we require additional Information to determine what this LLC Review fee is, why it was added and when the lender became aware of the need for the fee – why it was not known at time of Initial disclosure. Please provide additional information to support a valid reason to add the LLC Review Fee $300 explaining what the fee purpose is, why the fee was required and provide information to support when lender became aware of the fee requirement, which must be within 3 business days of the redisclosure date, otherwise cure would be due to borrower.<br>Reviewer Comment (2022-03-23): SitusAMC received changed circumstance stating LLC Review fee added of $300. However, we are missing sufficient information to determine what this fee is, why it was added and when the lender became aware of the need for the fee. Why it was not known at time of Initial disclosure. Please provide additional information to support a valid reason to add the LLC Review Fee explaining what the fee purpose is, why the fee was required and provide information to support when lender became aware of the fee requirement, which must be within 3 business days of the redisclosure date, otherwise cure would be due to borrower. | 04/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076968 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Prepayment Penalty Amount | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on xxxxxx with a prepayment payment disclosed the maximum prepayment penalty amount that does not match the actual maximum amount for the loan. (Final xxxxxx) | Terms do not match PPP |  |  | Reviewer Comment (2022-03-18): Client elects to waive |  |  | 03/18/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25076969 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Prepayment Penalty Term | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on xxxxxx with a prepayment penalty disclosed the term of the prepayment penalty that does not match the actual term of the prepayment penalty for the loan. (Final xxxxxx) | Terms do not match PPP |  |  | Reviewer Comment (2022-03-18): Client elects to waive |  |  | 03/18/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | 25077002 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx, xxxxxx., xxxxxx xxxxxx, Insurance Verification |  |  |  | Reviewer Comment (2022-03-25): xxxxxx not yet closed. UW notes w/ 1008 indicates proposed purchase. Subject Final 1003/REO does not show property. | 03/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | 25049580 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No Evidence provided |  |  | Reviewer Comment (2022-03-17): Client elects to waive |  |  | 03/17/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | 25069467 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-03-23): Client elects to waive with verified compensating factors |  |  | 03/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | 25069612 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Reverification of the CPA letter within 30 days prior to closing was not provided. |  |  | Reviewer Comment (2022-03-23): Received lender re-verification | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | 25069634 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Page 1 of the Guarantor Agreement, top portion, is not dated. |  |  | Reviewer Comment (2022-03-23): Received updated Guarantor Agreement | 03/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768345 | xxxxxx | 25133412 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | A open HOA lien was reflected on the Tittle Commitment and not paid off at closing. Further, there is a second mortgage lien on title that was not paid off at closing. |  |  | Reviewer Comment (2022-04-05): Received Final Title with items cleared. In addition, release of lien in file.<br>Reviewer Comment (2022-03-31): Their is no lien number associated on the release of claim. Further, the document is dated 8/2021 and the title commitment was dated xxxxxx. Provide a title supplement reflecting this will be removed from the Final Title Policy. | 04/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25133917 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | An acceptable VOM for the subject property is required. The LOE provided from the bank does not state time period of loan payments, loan amount, unpaid pricipal balance, last payment made, when the 2- 30 day lates occurred, etc. |  |  | Reviewer Comment (2022-04-03): Received VOM | 04/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25134075 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-04-06): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-31): The lender exception in file was for the 1007 not providing any long term market rents, however the 1007 was not provided. Provide the 1007. Further, any exceptions must come from the investor. |  |  | 04/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25134140 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception file for 1007 not providing long term rents. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-04-06): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-31): Exceptions must come from the Investor. |  |  | 04/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25134149 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Guideline | Guideline Issue: Derogatory mortgage payments outside of credit guidelines |  | Lender exception exception in file. 2x30 | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-04-06): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-03-31): All exceptions must come from the Investor. |  |  | 04/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25134152 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., xxxxxx) and evidence of at least 12 months of Operating History is not present in the loan file. |  |  |  |  | Reviewer Comment (2022-03-31): Listing and ops history provided | 03/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768345 | xxxxxx | 25134169 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Entity Documents missing for xxxxxx: Articles of Org/Formation, Certificate of Good Standing, EIN. |  |  | Reviewer Comment (2022-03-31): Documents for Entity provided | 03/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768309 | xxxxxx | 25212547 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No evidence provided. |  |  | Reviewer Comment (2022-04-06): Client elects to waive |  |  | 04/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768309 | xxxxxx | 25212549 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 6.16049% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or 1.16049%). |  |  |  | Reviewer Comment (2022-04-06): Client elects to waive |  |  | 04/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 768309 | xxxxxx | 25212550 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Late Charge | California Non Primary Residence Late Charge Grace Period Testing | California Late Charge: Note grace period of 5 days is less than the state minimum of 10 days. |  |  |  | Reviewer Comment (2022-04-06): Client elects to waive |  |  | 04/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768309 | xxxxxx | 25236876 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The prepayment penalty rider provided indicates that it starts and ends on xxxxxx , which is the same date as the Note date. Please confirm that there is no prepayment penalty on the subject loan or provide corrected PPP addendum showing correct terms. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-29): The client elects to waive with comp factors.<br>Reviewer Comment (2022-04-28): Received PPP Rider that was not executed by the borrower. Please provide and executed PPP Rider with LOE to borrower regarding change and proof of delivery to borrower. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768620 | xxxxxx | 25218434 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Supporting secondary BPO was provided.; Sec ID: 5 | Note date: xxxxxx ; Lien Position: 1 |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-17): BPOs are an acceptable secondary valuation for securitization.<br>Reviewer Comment (2022-04-06): Client elects to waive | 08/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768620 | xxxxxx | 25223609 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | HOI has city listed as xxxxxx vs. all other documents which reflect xxxxxx. |  |  | Reviewer Comment (2022-05-11): Received updated HOI | 05/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768620 | xxxxxx | 25223612 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Cert has city listed as xxxxxx vs. all other documents which reflect xxxxxx. |  |  | Reviewer Comment (2022-04-27): Flood Cert received<br>Reviewer Comment (2022-04-20): Received updated valuation form(s) with change. Updated Flood Cert was not attached - please resend | 04/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768620 | xxxxxx | 25223613 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: BPO / Valuation Report date: xxxxxx | Appraisal and BPO have city listed as as xxxxxx vs. all other documents which reflect xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-05-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-04-27): Cleared in error! We are still missing the updated BPO with corrected city.<br>Reviewer Comment (2022-04-20): Received updated Form 1025 and Form 442 |  |  | 05/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768620 | xxxxxx | 25236584 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003. Borrower is a xxxxxx per the USA passport in file. |  |  | Reviewer Comment (2022-05-11): Received updated 1003 | 05/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768620 | xxxxxx | 25236635 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Number of units discrepancy. | Appraisal number of units of 3 does not match Guideline number of units of 5. | Per guidelines minimum 5 units for Mixed Use required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-04-11): Client elects to waive with verified compensating factors |  |  | 04/11/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 768981 | xxxxxx | 25216568 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-04-12): CDA received<br>Reviewer Comment (2022-04-11): CDA will be ordered | 04/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 768981 | xxxxxx | 25250009 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraiser notes a Safety issue for the railing to the basement stairs missing. CTC $250. |  |  | Reviewer Comment (2022-04-26): Received 442 showing handrail installed | 04/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 768088 | xxxxxx | 25354197 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Title evidence of title is missing |  |  | Reviewer Comment (2022-04-26): Prelim provided | 04/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 768088 | xxxxxx | 25354294 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-04-27): CU score of 1 provided | 04/27/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 768088 | xxxxxx | 25367079 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  | The HOA Questionnaire was not provided. |  |  | Reviewer Comment (2022-04-27): HOA Questionnaire provided | 04/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 768088 | xxxxxx | 25367084 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The subject is a short term rental. A screen shot of the online listing must show the property(s) activity marketed as a short-term rental is required. |  |  | Reviewer Comment (2022-04-26): Listing provided | 04/26/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 768088 | xxxxxx | 25423016 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Sections 2 and 3 are not completed. |  |  | Reviewer Comment (2022-04-28): Received fully completed Occupancy Certification | 04/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25492879 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certification does not have the unit numbers. |  |  | Reviewer Comment (2022-05-10): Received updated Flood Cert | 05/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25492882 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25493034 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-05-06): BP Cert received | 05/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25493575 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Field Review / Valuation Report date: xxxxxx | The Field Review is missing the unit numbers. |  |  | Reviewer Comment (2022-05-12): Received updated Field Review | 05/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25493580 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Preliminary in file. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-05-04): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25504824 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Title Policy does not reflect the unit numbers. |  |  | Reviewer Comment (2022-05-06): Received Supplemental Report including all units | 05/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 768700 | xxxxxx | 25504834 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 1 is not completed. |  |  | Reviewer Comment (2022-05-18): Received fully completed Occupancy Cert<br>Reviewer Comment (2022-05-10): Received same Occupancy Cert from initial review; top section (section 1) is blank - unable to clear.<br>Reviewer Comment (2022-05-06): Reviewed all new attachments and a fully completed NOO Cert was not found - please resend | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 770092 | xxxxxx | 25507568 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance. |  | Per review of hazard policy, the policy is a binder and there is no policy number noted on the document. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-05-04): Client elects to waive |  |  | 05/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25508196 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  |  |  | Reviewer Comment (2022-05-10): 442 received | 05/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25510450 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.31977% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .31977%). | Points and Fees of 5.31977% is in excess of allowable maximum of 5.0% |  |  | Reviewer Comment (2022-05-04): Client elects to waive |  |  | 05/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25510504 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The document was not provided within 3 business days |  |  | Reviewer Comment (2022-05-04): Client elects to waive |  |  | 05/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25510542 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty | New Jersey Prepayment Penalty: No prepayment penalties are permissible in the state of New Jersey. Prepay language states prepay will not exceed maximum permitted by applicable law. | Per regulations, "Prepayment in full of a "mortgage loan"69 (as defined) may be made by or on behalf of a mortgagor at any time without penalty. N.J. Stat. Ann. §§ 46:10B-1(c), 46:10B-2; N.J. Admin. Code 3:15-10.1(b). A mortgagor shall have the right, during any 6 month period beginning with the date of the mortgage loan, to pay, without charge or penalty, an additional sum of $50.00, or multiples thereof |  |  | Reviewer Comment (2022-05-04): Client elects to waive |  |  | 05/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25526724 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-05-09): Client elects to waive with verified compensating factors |  |  | 05/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770092 | xxxxxx | 25526759 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-05-10): Commitment Letter Approval provided | 05/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25521158 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud check is required and was not provided. |  |  | Reviewer Comment (2022-05-12): DRIVE report received | 05/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25521893 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Valuation was provided to borrower on xxxxxx , valuation report date is xxxxxx |  |  | Reviewer Comment (2022-05-05): Client elects to waive |  |  | 05/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25521895 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. | Disclosure not provided to borrower. |  |  | Reviewer Comment (2022-05-05): Client elects to waive |  |  | 05/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25522634 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-05-18): Received credit refresh dated xxxxxx - no new activity | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25532130 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing | Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xxxxxx used as disbursement date for compliance testing. |  |  |  | Reviewer Comment (2022-05-05): Client elects to waive |  |  | 05/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25532131 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA | TILA - Impermissible Prepayment Penalty | Truth in Lending Act (Dodd-Frank 2014): Covered transaction contains impermissible prepayment penalty. | Subject loan is an investment property; however, borrower paid off $13,568 in consumer debt and received $152,740.76 cash out. Loan is considered a consumer purpose loan. |  |  | Reviewer Comment (2022-10-06): Client elects to waive. SOL 1 year expires 4.26.2023 |  |  | 10/06/2022 | 3 C | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25532132 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after xxxxxx , no Closing Disclosures in the Loan File | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided or Closing Disclosure not provided prior to closing. Any applicable Federal, State or Local compliance testing is unreliable or not performed. Loan is not subject to high cost testing. | Subject loan is an investment property; however, borrower paid off $13,568 in consumer debt and received $152,740.76 cash out. Loan is considered a consumer purpose loan. Closing Disclosures required. |  |  | Reviewer Comment (2022-10-06): Client elects to waive. SOL 1 year expires 4.26.2023<br>Reviewer Comment (2022-08-10): SitusAMC received numerous disclosures and application. Did not receive any initial and final CD's for proper TRID testing. Provide missing disclosures to test.<br>Reviewer Comment (2022-05-12): Funds in excess of $2000 were provided to pay personal obligations and as such loan required TRID testing. Please provide all LE and CD for testing. |  |  | 10/06/2022 | 3 C | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25532133 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after xxxxxx , no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $0.00 may be required. | Subject loan is an investment property; however, borrower paid off $13,568 in consumer debt and received $152,740.76 cash out. Loan is considered a consumer purpose loan. Loan Estimates required. |  |  | Reviewer Comment (2022-10-06): Client elects to waive. SOL 1 year expires 4.26.2023 |  |  | 10/06/2022 | 3 C | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25532141 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | Right to Receive Appraisal Disclosure in file was received on xxxxxx which is the Note date. |  |  | Reviewer Comment (2022-05-05): Client elects to waive |  |  | 05/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768911 | xxxxxx | 25605585 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-02): 1) The LOE does not address all high risk red flags. 2) Per the guidelines, all open judgments, garnishments, and all outstanding liens must be paid off prior to or at loan closing. Does not say if it only affects title. |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | 25525128 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-05-06): Client elects to waive |  |  | 05/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | 25525130 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. |  |  |  | Reviewer Comment (2022-05-06): Client elects to waive |  |  | 05/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | 25525131 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 8.69650% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or 3.69650%). |  |  |  | Reviewer Comment (2022-05-06): Client elects to waive |  |  | 05/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25529685 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | Final title not provided. |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530079 | xxxxxx | xxxxxx | Credit | Employment | Miscellaneous | Employment | The verification of employment was not obtained within 10 days of the note date. | Borrower: xxxxxx xxxxxx employment Type: Employment / Income Type: Wages / Start date: xxxxxx | Missing VVOE. |  |  | Reviewer Comment (2022-09-13): VVOE dated xxxxxx provided<br>Reviewer Comment (2022-06-29): Unable to clear. Received TWN dated as of xxxxxx (dated post-close). Guidelines; A verbal Verification of Employment (VOE) from current employer, may not be dated more than 10- calendar days prior to closing date | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530084 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx VVOE - Employment Only |  |  |  | Reviewer Comment (2022-09-13): VVOE dated xxxxxx provided<br>Reviewer Comment (2022-06-29): Unable to clear. Received TWN dated as of xxxxxx (dated post-close). Guidelines; A verbal Verification of Employment (VOE) from current employer, may not be dated more than 10- calendar days prior to closing date | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530134 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Based on the RCE provided, HOI coverage is short $18,283.00. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-21): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-28): Two different RCE were provided with different values. Provide either an LOX or a RCE by the insurer indicating they will accept the updated value |  |  | 09/21/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530140 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | Proposed title coverage is not sufficient, final title is missing. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-05-09): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530158 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx | Fraud not provided and required. |  |  | Reviewer Comment (2022-05-18): DRIVE report received | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530414 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | ECOA reciept of appraisal – Federal HPML Non Compliant- Til HPML receipt of Appraisal (Provided evidence of appraisal delivery to the borrower within 3 business days prior to the Note Date. |  |  | Reviewer Comment (2022-05-09): Client elects to waive |  |  | 05/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Good faith redisclosure C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530415 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - HPML Status | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. |  |  | Reviewer Comment (2022-05-18): SitusAMC received initial LE. | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Good faith redisclosure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530416 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock date cannot be determined. |  |  | Reviewer Comment (2022-05-09): Client elects to waive |  |  | 05/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530417 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. xxxxxx | Ability to Repay failure due to Missing VVOE |  |  | Reviewer Comment (2022-09-13): B2 VVOE provided dated xxxxxx<br>Reviewer Comment (2022-06-29): Unable to clear. Received TWN dated as of xxxxxx (dated post-close). Guidelines; A verbal Verification of Employment (VOE) from current employer, may not be dated more than 10- calendar days prior to closing date | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530418 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Home Loan (Tangible Net Benefit Disclosure Not Provided) | Colorado Home Loan (HB1322): Loan file does not contain a Tangible Net Benefit Disclosure (or similar document). | Colorado Tangible Net Benefit disclosure not provided. |  |  | Reviewer Comment (2022-05-09): Client elects to waive |  |  | 05/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530426 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to missing VVOE for borrower 2. |  |  | Reviewer Comment (2022-09-13): B2 VVOE provided dated xxxxxx | 09/13/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530427 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeownership counseling list was provided but date of list cannot be determined. |  |  | Reviewer Comment (2022-05-09): Client elects to waive |  |  | 05/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530458 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.26010% or Final Disclosure APR of 8.26500% is in excess of allowable threshold of APOR 4.23% + 1.5%, or 5.73000%. Non-Compliant Higher Priced Mortgage Loan. | Federal Non-compliant HPML, APR of 8.26010% or final CD APR of 8.26500% is in excess of allowable threshold of APOR 4.23% + 1.5% or 5.7300 |  |  | Reviewer Comment (2022-05-18): Received | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530461 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after xxxxxx , no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $14,754.78 may be required. | Loan Estimate was not provided, cannot determine timing requirements. |  |  | Reviewer Comment (2022-05-18): SitusAMC received initial LE. | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530502 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.27838% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .27838%). | Loan fails xxxxxx 3% test. Points and fees on federal loan amount of xxxxxx are xxxxxx or 3.27838%, an overage of xxxxxx or .27838% |  |  | Reviewer Comment (2022-05-09): Client elects to waive |  |  | 05/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530506 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Ability to Repay failure due to Missing VVOE for borrower 2. |  |  | Reviewer Comment (2022-09-13): B2 VVOE provided dated xxxxxx<br>Reviewer Comment (2022-06-29): Unable to clear. Received TWN dated as of xxxxxx (dated post-close). Guidelines; A verbal Verification of Employment (VOE) from current employer, may not be dated more than 10- calendar days prior to closing date | 09/13/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25530514 | xxxxxx | xxxxxx | 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 xxxxxx) | File only contains a CD dated xxxxxx , which is the same date as the Note date. |  |  | Reviewer Comment (2022-05-18): SitusAMC received initial CD. | 05/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25551701 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing gap credit report dated no more than 10 days prior to loan closing, or any time after loan closing. Most recent gap report in file is dated xxxxxx , which is 12 days prior to closing. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-06-03): Waived with compensating factors per investor request. |  |  | 06/03/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 25652545 | xxxxxx | xxxxxx | 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 Mortgage Broker Fee. Fee Amount of $10,037.50 exceeds tolerance of $9,240.00. Insufficient or no cure was provided to the borrower. (73109) | The fee increased without a VCC. Please provide VCC or please provide a corrected CD, LOE, refund check, and proof of mailing to cure. |  |  | Reviewer Comment (2022-06-28): SitusAMC received valid COC dated xxxxxx .<br>Reviewer Comment (2022-06-24): SitusAMC received COC dated xxxxxx stated loan amount change and due to that fee was increased but upon further review actually fee was increased on CD dated xxxxxx and also loan amount changed on CD dated xxxxxx from previous CD dated xxxxxx .So kindly provide valid COC for CD dated xxxxxx to justify the reason for fee increased or need cure. | 06/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | 26815649 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | A minimum two (2) year employment history is required to be documented on the loan application (1003). Per the VVOE provided for B2, start date of current employment is xxxxxx 20 which is < 2 years. Provide the updated 1003 and previous employment W2. |  |  | Reviewer Comment (2022-09-15): Updated 1003 and VVOE for previous employment is provided. | 09/15/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541082 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal transfer letter was provided, guidelines require prior approval in advance. Unable to determine if this was obtained. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541106 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Final 1003 indicates borrower has rented for 3 years, with a payment of $1,100 per month; however, VOR not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-05-13): Client elects to waive with verified compensating factors |  |  | 05/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541125 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval document not provided. |  |  | Reviewer Comment (2022-05-16): Approval received | 05/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541514 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.79230% or Final Disclosure APR of 7.84600% is in excess of allowable threshold of APOR 4.49% + 1.5%, or 5.99000%. Non-Compliant Higher Priced Mortgage Loan. | Federal Non compliant HPML, APR on subject loan of 7.79230% or final CD APR of 7.8460% is in excess of allowable threshold of APOR 4.49% +1.5% or 5.9900% |  |  | Reviewer Comment (2022-05-25): Appraisal delivery letter provided | 05/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541531 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine appraisal acknowledgement at closing per document. |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541532 | xxxxxx | xxxxxx | 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. | Unable to determine appraisal acknowledgement at closing per document. |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25541533 | xxxxxx | xxxxxx | 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 xxxxxx | Missing evidence of delivery of the initial appraisal at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-05-25): Appraisal delivery letter provided | 05/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25542810 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 368.04 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Final CD has total special assessment value used of $368 per unit and not the monthly HOA of $180. |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25584878 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing gap credit report dated within 10 days of the Note date. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-05-13): Client elects to waive with verified compensating factors |  |  | 05/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25584940 | xxxxxx | xxxxxx | 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 $700.00 exceeds tolerance of $650.00. Insufficient or no cure was provided to the borrower. (7506) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-05-24): Sufficient cure at closing<br>Reviewer Comment (2022-05-16): Cure provided at closing is insufficient to cure both this citing and Collateral Desktop Analysis citing. Exception remains. Once Collateral Desktop Analysis citing is cleared, Appraisal Fee citing will be cleared. | 05/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25584941 | xxxxxx | xxxxxx | 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 Collateral Desktop Analysis. Fee Amount of $77.25 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-06-16): SitusAMC As per COC dated xxxxxx and appraisal Invoice no further cure required.<br>Reviewer Comment (2022-06-07): SitusAMC agreed that the Appraisal was transferred and provided on xxxxxx from xxxxxx. Also, we received copies of appraisal notices and appraisal delivery confirmation email from borrower. However, we do not received transferred copy of the Appraisal document from xxxxxx and also CDA fee not disclosed to borrower within that 3 days time frame. Please provide valid reason and supporting documents to reevaluate this exception or Provide Cure due to borrower.<br>Reviewer Comment (2022-05-24): SitusAMC received copies of appraisal notices and appraisal delivery. Missing a valid changed circumstance to add the fee onto the xxxxxx LE. Provide or cure due to borrower.<br>Reviewer Comment (2022-05-16): SitusAMC received LE & COC dated xxxxxx ; however, Collateral Desktop Analysis Fee should have been disclosed within 3 days of receipt of the appraisal. Appraisal Date is xxxxxx and Fee has been added on xxxxxx . Please provide a valid COC or cure documents. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | 25993652 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $700.00 exceeds tolerance of $650.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-06-16): Sufficient Cure Provided At Closing |  | 06/16/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544000 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 52.34024% exceeds Guideline total debt ratio of 50.00000%. | The lender used higher income that verified. The total allowable deposits for the 24 months of bank statements provided is $552,560.21, which would result in $23,023.34 in monthly income; however, the borrowers have 50% each ownership therefore each borrower's qualifying income is $11,511.67. The lender used $23,021.53 for each borrower. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-18): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-07-15): All 10 businesses have been entered in and the DTI is now 52.340%.<br>Reviewer Comment (2022-07-15): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 106.03349% exceeds Guideline total debt ratio of 50.00000%.<br>Reviewer Comment (2022-07-07): We received the comment below, along with a list of the 10 businesses being requested to be reviewed; however, we do not have 12 months of bank statements for all 10 of these businesses. Please upload the most recent prior to closing, complete 12 months of bank statements for each business and loan will be re-reviewed at that time.<br>Reviewer Comment (2022-06-29): To be clear and concise in regards to qualifying this loan, please specify exactly what accounts we should be using to qualify this loan. We received a number of attachments and want clear direction. Please specify exactly what account we should be reviewing for income qualification on this loan. |  |  | 07/18/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544091 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544092 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.29864% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .29864%). |  |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544093 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Non QM Loan Designation due to the lender used higher income than verified. |  |  | Reviewer Comment (2022-07-18): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-07-07): We received the comment below, along with a list of the 10 businesses being requested to be reviewed; however, we do not have 12 months of bank statements for all 10 of these businesses. Please upload the most recent prior to closing, complete 12 months of bank statements for each business and loan will be re-reviewed at that time.<br>Reviewer Comment (2022-06-29): To be clear and concise in regards to qualifying this loan, please specify exactly what accounts we should be using to qualify this loan. We received a number of attachments and want clear direction. Please specify exactly what account we should be reviewing for income qualification on this loan. | 07/18/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544094 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to the lender used higher income than verified. |  |  | Reviewer Comment (2022-07-18): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-07-07): We received the comment below, along with a list of the 10 businesses being requested to be reviewed; however, we do not have 12 months of bank statements for all 10 of these businesses. Please upload the most recent prior to closing, complete 12 months of bank statements for each business and loan will be re-reviewed at that time.<br>Reviewer Comment (2022-06-29): To be clear and concise in regards to qualifying this loan, please specify exactly what accounts we should be using to qualify this loan. We received a number of attachments and want clear direction. Please specify exactly what account we should be reviewing for income qualification on this loan. | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544095 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 106.03349% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | The calculated DTI of 106.03% exceeds the guideline requirements of 50% due the lender used higher income that verified. The total allowable deposits for the 24 months of bank statements provided is $552,560.21, which would result in $23,023.34 in monthly income; however, the borrowers have 50% each ownership therefore each borrower's qualifying income is $11,511.67. The lender used $23,021.53 for each borrower. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-18): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-07-15): All 10 businesses have been entered in and the DTI is now 52.340%.<br>Reviewer Comment (2022-07-07): We received the comment below, along with a list of the 10 businesses being requested to be reviewed; however, we do not have 12 months of bank statements for all 10 of these businesses. Please upload the most recent prior to closing, complete 12 months of bank statements for each business and loan will be re-reviewed at that time.<br>Reviewer Comment (2022-06-29): To be clear and concise in regards to qualifying this loan, please specify exactly what accounts we should be using to qualify this loan. We received a number of attachments and want clear direction. Please specify exactly what account we should be reviewing for income qualification on this loan. |  |  | 07/18/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544098 | xxxxxx | xxxxxx | 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 $173.50 exceeds tolerance of $46.00 plus 10% or $50.60. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx |  |  |  | Reviewer Comment (2022-05-06): Sufficient Cure Provided At Closing |  | 05/06/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544099 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,500.00 exceeds tolerance of $1,000.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-05-06): Sufficient Cure Provided At Closing |  | 05/06/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544100 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $10.60 exceeds tolerance of $10.00. Sufficient or excess cure was provided to the borrower at Closing. (7579) |  |  |  | Reviewer Comment (2022-05-06): Sufficient Cure Provided At Closing |  | 05/06/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25544132 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $22,229.39 is less than AUS required disposable income of $2,500.00. | The guidelines require residual income of $2,500 when the DTI is over 43%. The lender approved the loan at 44.13%; however, the calculated DTI is 106.03%. |  |  | Reviewer Comment (2022-07-18): Additional income received.<br>Reviewer Comment (2022-07-15): Exception Explanation Updated from: Calculated investor qualifying disposable income of $-1,389.11 is less than AUS required disposable income of $2,500.00.<br>Reviewer Comment (2022-07-07): We received the comment below, along with a list of the 10 businesses being requested to be reviewed; however, we do not have 12 months of bank statements for all 10 of these businesses. Please upload the most recent prior to closing, complete 12 months of bank statements for each business and loan will be re-reviewed at that time.<br>Reviewer Comment (2022-06-29): To be clear and concise in regards to qualifying this loan, please specify exactly what accounts we should be using to qualify this loan. We received a number of attachments and want clear direction. Please specify exactly what account we should be reviewing for income qualification on this loan. | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 25586628 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the guidelines, borrowers whose primary source of income is rental income are required to use business bank statements for income calculations. Loan file was approved using personal bank statements and borrowers' primary source of income is rental income. Loan file contains lender exception; however, all exception requests must come from the Investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-06-29): Client elects to waive with verified compensating factors |  |  | 06/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | 26300969 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 52.34024% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 52.34024% moderately exceeds the guideline maximum of 50.00%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-18): Waived with compensating factors per investor exception request. |  |  | 07/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | 25554776 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Tax Verification | Missing Proprty Tax Verification for REO located on xxxxxx. |  |  | Reviewer Comment (2022-06-07): Tax cert provided<br>Reviewer Comment (2022-06-07): No new attachments shown - please resend | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | 25590653 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Only one page titled "Supplemental Report" was provided. Missing evidence of title. |  |  | Reviewer Comment (2022-06-07): Prelim provided<br>Reviewer Comment (2022-06-07): No new attachments shown - please resend | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | 25590667 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. |  |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25553372 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Flood Insurance Policy Effective Date xxxxxx , Note Date xxxxxx | Per flood insurance policy provided policy effective date is xxxxxx |  |  | Reviewer Comment (2022-05-17): Received Final Closing Statement (stamped/certified); Disbursement Date xxxxxx .<br>Reviewer Comment (2022-05-13): Please provide Closing Statement Certified/Stamped to validate disbursement date. | 05/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25553440 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Title provided is preliminary |  |  | Reviewer Comment (2022-08-28): The final title policy was provided. | 08/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25553808 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25589384 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Insurance Verification, Other, Tax Verification | Missing evidence of taxes, insurance and proof the investment REO on xxxxxx is owned free and clear. |  |  | Reviewer Comment (2022-05-13): Received the Property Details Report; Vacant Land | 05/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25589569 | xxxxxx | xxxxxx | 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. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-05-11): Client elects to waive | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25589572 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-05-19): Received UW cert addressing red flags | 05/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | 25589588 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Appraisal provided is dated xxxxxx , which is less than 3 business days from closing date of xxxxxx . |  |  | Reviewer Comment (2022-05-11): Client elects to waive |  |  | 05/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25589436 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | A valid right to receive a copy of an appraisal was not provided but a appraisal delivery receipt was provided. |  |  | Reviewer Comment (2022-05-16): Client elects to waive |  |  | 05/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25589437 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.45220% or Final Disclosure APR of 8.45200% is in excess of allowable threshold of APOR 5.18% + 1.5%, or 6.68000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-05-24): Received Appraisal Delivery Letter to borrower. In addition, received eDisclose Process Summary which shows appraisal report being delivered and downloaded by borrower. | 05/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25589438 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-05-16): Client elects to waive |  |  | 05/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25589439 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-05-24): Received Appraisal Delivery Letter to borrower. In addition, received eDisclose Process Summary which shows appraisal report being delivered and downloaded by borrower. | 05/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25589440 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.23260% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .23260%). | Discount point acknowledgement disclosure was provided showing that the borrower bought down the interest rate. |  |  | Reviewer Comment (2022-05-16): Client elects to waive |  |  | 05/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25590747 | xxxxxx | xxxxxx | 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 $920.00 exceeds tolerance of $530.00. Insufficient or no cure was provided to the borrower. (7200) | File does not contain a valid COC for Loan Discount Fee Increase, nor evidence of cure in file. |  |  | Reviewer Comment (2022-05-24): SitusAMC Received COC dated xxxxxx along with rate lock therefore no cure required. | 05/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | 25635453 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | South Carolina Home Loan (Acknowledgement of Receipt of Complaint Agency Disclosure Not In File) | South Carolina Home Loan: Borrower did not acknowledge receipt of document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan. |  |  |  | Reviewer Comment (2022-05-24): Received a copy of the disclosure signed by borrower xxxxxx  | 05/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | 25615728 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-05-23): Fraud Report received | 05/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | 25616742 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $26,596.94 is less than Cash From Borrower $60,650.54. | Borrower's verified funds equal $26,596.94. File contains a gift letter from the spouse; however, there is no evidence the funds were transferred to the borrower or received by title. Further, the EMD in the amount of $1,500 is dated xxxxxx , which is after the most recent bank statement provided, which has a statement end date of xxxxxx . |  |  | Reviewer Comment (2022-05-23): Received AccountChek account activity details that verifies Gift Funds was deposited, verifies EMD check cleared and updated balance as of xxxxxx (excluding gift funds). | 05/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | 25617614 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing Disclosure dated xxxxxx not signed nor dated by Borrower and Disclosure Summary not provided. |  |  | Reviewer Comment (2022-05-23): SitusAMC received disclosure tracking indicating the initial CD was received the same day issued. | 05/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | 25660557 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Evidence no ownership | Per final 1003, borrower is employed by a family member and per the email in the file, the owner of the business is the borrower's spouse. Please provide documentation showing borrower has no ownership interest in the business. |  |  | Reviewer Comment (2022-05-23): Received xxxxxx Schedule C (Sole Prop) which is only in spouses name. In addition, received business entity search which does not reflect borrower as member/officer. | 05/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | 25617223 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-05-17): Client elects to waive |  |  | 05/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | 25618667 | xxxxxx | xxxxxx | 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 $50.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) | Cost to Cure was provided for the Credit Report Fee Increase at closing. |  |  | Reviewer Comment (2022-05-13): Sufficient Cure Provided At Closing |  | 05/13/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | 25618853 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-05-25): Received HOI with ISAOA/ATIMA | 05/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | 25618956 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is short in the amount of $147,480.00. |  |  | Reviewer Comment (2022-05-25): RCE received | 05/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | 25630492 | xxxxxx | xxxxxx | 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 xxxxxx | Borrower acknowledged receipt of appraisal on xxxxxx , which is less than 3 business days prior to consummation. |  |  | Reviewer Comment (2022-06-06): Received email correspondence between LO and borrower; borrower acknowledged receipt of report on xxxxxx . | 06/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | 25630546 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.75100% or Final Disclosure APR of 6.75100% is in excess of allowable threshold of APOR 4.23% + 1.5%, or 5.73000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-06-06): Received email correspondence between LO and borrower; borrower acknowledged receipt of report on xxxxxx . | 06/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | 25630547 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.96817% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.96817%). |  |  |  | Reviewer Comment (2022-05-18): Client elects to waive |  |  | 05/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | 25631820 | xxxxxx | xxxxxx | 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. | ECOA receipt of appraisal – Federal HPML Non Compliant- Til HPML receipt of Appraisal (Provided evidence of appraisal delivery to the borrower within 3 business days prior to the Note Date. |  |  | Reviewer Comment (2022-05-18): Client elects to waive |  |  | 05/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769696 | xxxxxx | 25643884 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.32136% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.32136%). |  |  |  | Reviewer Comment (2022-05-20): Client elects to waive |  |  | 05/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769696 | xxxxxx | 25643920 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-05-20): Client elects to waive |  |  | 05/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25668146 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  |  |  |  | Reviewer Comment (2022-06-08): Received<br>Reviewer Comment (2022-06-07): No new attachments found - please resend | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25668155 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-06-08): Approval & 1008 received<br>Reviewer Comment (2022-06-07): No new attachments found - please resend | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25668162 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Missing Final Signed Application. |  |  | Reviewer Comment (2022-06-01): Final 1003 provided | 06/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669597 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-05-24): Client elects to waive |  |  | 05/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669598 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-06-08): Received borrower acknowledgement of appraisal report three days prior to close<br>Reviewer Comment (2022-06-07): No new attachments found - please resend | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669600 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.85050% or Final Disclosure APR of 6.88200% is in excess of allowable threshold of APOR 5.07% + 1.5%, or 6.57000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-06-08): Received borrower acknowledgement of appraisal report three days prior to close | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669601 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.54088% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .54088%). |  |  |  | Reviewer Comment (2022-05-24): Client elects to waive |  |  | 05/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669604 | xxxxxx | xxxxxx | 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 Field Review Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508) |  |  |  | Reviewer Comment (2022-05-19): Sufficient Cure Provided At Closing |  | 05/19/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25669801 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated xxxxxx was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial xxxxxx) | LE dated xxxxxx was provided electronically, prior to borrower's e-consent dated xxxxxx . |  |  | Reviewer Comment (2022-06-03): SitusAMC Received Earliest E-Consent. | 06/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25733130 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower is listed as self-employed with less than 50% ownership in the business. |  | Guidelines require the borrower be at least 50% owner of the business used for qualifying. Per the CPA letter, borrower owns 49%. Further, the additional 51% owner is borrower's ex-spouse. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | DTI <= 36% which is below requirement in guidelines | Reviewer Comment (2022-07-15): Waived with compensating factors per investor request. |  |  | 07/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25733198 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-01): Pre-Close Monitoring Report dated 5/9 provided. | 06/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25733312 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing VOM for the subject property. Credit supplement provided states they are unable to provide payment history. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | DTI <= 36% which is below requirement in guidelines | Reviewer Comment (2022-06-29): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-13): CD showing loan being paid off does not clear. A 12-month mortgage history is required for all financed properties owned by the borrower (Title shows borrower owns) |  |  | 06/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25734193 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $314.00 exceeds tolerance of $150.00 plus 10% or $165.00. Insufficient or no cure was provided to the borrower. xxxxxx | Ten percent fee tolerance exceeded. CoC form in file does not state why fees increased, just that they were increased. |  |  | Reviewer Comment (2022-07-14): SitusAMC received PCCD dated xxxxxx , LOE, & refund check.<br>Reviewer Comment (2022-07-07): SitusAMC received PCCD dated xxxxxx and LOE but upon further review cure is not reflected in inner of section J and Cure provided at closing $166 also removed on PCCD. Hence, we need a corrected CD to reflect lender cure in section J (Inner Column) along proof of delivery to cure this exception.<br>Reviewer Comment (2022-06-29): SitusAMC received PCCD dated xxxxxx and refund check $257.70, but upon further review cure is not reflected in inner & outer column of section J and Cure provided at closing $166 also removed on PCCD. Hence, we need a corrected CD to reflect lender cure in section J along with LOE and proof of delivery to cure this exception.<br>Reviewer Comment (2022-06-14): SitusAMC received supporting doc for COC dated xxxxxx and further review Recording fee increased on CD dated xxxxxx (#2) in the amount of $331 from $150 and provided corresponding COC did not provide a valid reason on change that necessitated to increased of recording fee. Fee again increased to $331 from $314 on CD dated xxxxxx 1 sequence 1 and no valid COC is there .Also, Cure provided at closing is insufficient to cure for all the citing 0% and 10% exception. Additional Information on changes is needed to determined fee can be re-baselined or provide sufficient cure.<br>Reviewer Comment (2022-06-02): SitusAMC further review Recording fee increased on CD dated xxxxxx (#2) in the amount of $331 from $150 and provided corresponding COC did not provide a valid reason on change that necessitated to increased of recording fee. Also, Cure provided at closing is insufficient to cure for all the citing 0% and 10% exception. Additional Information on changes is needed to determined fee can be rebaselined or provide sufficient cure. |  | 07/14/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | 25734194 | xxxxxx | xxxxxx | 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 Field Review Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7508) | Zero percent fee tolerance exceeded. CoC form in file does not state why fees increased, just that they were increased. |  |  | Reviewer Comment (2022-07-14): SitusAMC received PCCD dated xxxxxx , LOE, & refund check.<br>Reviewer Comment (2022-07-07): SitusAMC received PCCD dated xxxxxx and LOE but upon further review cure is not reflected in inner of section J and Cure provided at closing $166 also removed on PCCD. Hence, we need a corrected CD to reflect lender cure in section J (Inner Column) along proof of delivery to cure this exception.<br>Reviewer Comment (2022-06-29): SitusAMC received PCCD and refund check but upon further review cure is not reflected in section J .Cure provided at closing also removed on PCCD.Need corrected CD to reflect lender cure in section J along with LOE and proof of delivery.<br>Reviewer Comment (2022-06-14): SitusAMC received COC and LE dated xxxxxx and upon further review on COC dated xxxxxx reason mentioned as per underwriter request fee was added but as per underwriting approval fee requirement identified on xxxxxx which is after LE or COC dated xxxxxx .So please provide additional information on COC dated xxxxxx or need cure .<br>Reviewer Comment (2022-06-08): SitusAMC has received underwriting Approval and an LOE stating borrower received Appraisal report 3 days prior to closing. As per Underwriting approval on xxxxxx requirement of Appraisal Field review is identified. However the fee is disclosed on LE dated xxxxxx which is not within 3 business days from change date i.e xxxxxx . In addition the COC is dated xxxxxx . From the documents provided it is evident that the fee is not disclosed to borrower within 3 business days from the Change of xxxxxx hence a cure is due to the borrower. Please provide more information with valid COC and supporting document if the fee is disclosed with in time frame or provide cure.<br>Reviewer Comment (2022-06-07): SitusAMC has not received any additional relevant document attached. Kindly provide valid COC as requested earlier or corresponding LE within 3 days of xxxxxx COC. Exception remains.<br>Reviewer Comment (2022-06-06): SitusAMC received COC dated xxxxxx stating "per underwriting requested additional Field review". However Appraisal Field Review fee is added on LE dated xxxxxx , which is post 3 business days from COC. In addition the provided COC does not provide the information on what was the change and when the lender became aware of the change due to which Appraisal review fee is added/requested by Underwriting. Please provide valid COC within time frame with sufficient information along with supporting documents for when lender became aware of the change or provide cure. |  | 07/14/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732069 | xxxxxx | xxxxxx | 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 Title - Settlement / Closing / Escrow Fee. Fee Amount of $1,295.00 exceeds tolerance of $1,200.00. Insufficient or no cure was provided to the borrower. (7561) | Cost to Cure for Title - Settlement / Closing / Escrow Fee increase was not provided. |  |  | Reviewer Comment (2022-06-15): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (2022-06-10): SitusAMC Received COC Dated xxxxxx which was already in file. Provided reason is not valid. Need additional information to justify the reason why fee was increased on LE dated xxxxxx . or please provide cure along with cure documents.<br>Reviewer Comment (2022-06-07): SitusAMC Received COC Dated xxxxxx with additional information which is not acceptable. Please provide valid COC with additional information which can explain why Title - Settlement / Closing / Escrow Fee increased on LE dated xxxxxx or please provide cure along with cure documents.<br>Reviewer Comment (2022-06-02): SitusAMC Received COC dated xxxxxx which does not state any valid reason for increase in Title - Settlement / Closing / Escrow Fee. Please provide valid COC with additional information which can explain why Title - Settlement/ Closing/ Escrow Fee increased on LE dated xxxxxx or if the borrower shopped Title - Settlement/ Closing/ Escrow Fee from outside then we require corrected PCCD and LOE with fee moved to Section C or Please provide cure along with cure documents. |  | 06/15/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732070 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $25,518.75 exceeds tolerance of $24,810.00. Insufficient or no cure was provided to the borrower. (8304) | Cure not found. |  |  | Reviewer Comment (2022-06-15): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (2022-06-10): SitusAMC received COC dated xxxxxx with correction that loan amount was changed on xxxxxx .Upon further review loan amount was changed on xxxxxx but fee was increased on LE dated xxxxxx which is not within three days from xxxxxx .Please provide valid COC for LE dated xxxxxx or need cure.<br>Reviewer Comment (2022-06-07): SitusAMC Received COC dated xxxxxx stating "Transfer Taxes increase to $39019 due to loan amount increase to xxxxxx " however Loan Amount was not increased on LE dated xxxxxx It is same as previously disclosed. Please provide valid COC with additional information for increase in Transfer Tax on LE dated xxxxxx or Please provide cure along with cure documents.<br>Reviewer Comment (2022-06-06): SitusAMC: Situs AMC received LE and COC which were provided earlier too. However on review Transfer Taxes increased from $24,810 to $39,019 on LE dated xxxxxx without a valid COC. Please provide a valid COC for increase of Transfer tax on LE dated xxxxxx or provide cure. Cure consists of Corrected PCCD, LOE to borrower, proof of mailing and copy of refund check.<br>Reviewer Comment (2022-06-02): SitusAMC Received COC dated xxxxxx which does not state any valid reason for increase in Transfer Taxes. Please provide valid COC with additional information which can explain why Transfer Taxes increase on LE dated xxxxxx or Please provide cure along with cure documents. |  | 06/15/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732093 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Maximum DTI for a FTHB is 45%. Per the 1008, subject loan was approved at 50% DTI, which exceeds the maximum allowed. |  |  | Reviewer Comment (2022-06-21): Document co-borrower received pay increase with TWN and 2 paystubs in file. Income recalculated.<br>Reviewer Comment (2022-06-21): Income recalculated based on co-borrower raise.<br>Reviewer Comment (2022-06-21): Re-opened in error. Loan is non-QM per exception granted.<br>Reviewer Comment (2022-06-21): Income recalculated<br>Reviewer Comment (2022-06-03): Loan is Non-QM.<br>Reviewer Comment (2022-06-01): 1008 does not clear this condition. The average income is not supported by the YTD, 1 year, 1 year YTD, 2 year, or 2 year YTD averages. B2 works for B1 (spouse) as well as there is no documented 3rd party evidence of increase in wages. | 06/21/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732123 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.41570% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .41570%). | Loan fails xxxxxx 3% rule. Points and fees on a federal loan amount of xxxxxx are xxxxxx or 3.41570% in excess of allowable 3%, an overage of .45170% or xxxxxx |  |  | Reviewer Comment (2022-05-26): Client elects to waive |  |  | 05/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732178 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.08461% exceeds Guideline total debt ratio of 45.00000%. | Maximum DTI for a FTHB is 45%. Per the 1008, subject loan was approved at 50% DTI, which exceeds the maximum allowed. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 40+ points higher than guideline minimum. | Reviewer Comment (2022-06-21): Document co-borrower received pay increase with TWN and 2 paystubs in file. Income recalculated.<br>Reviewer Comment (2022-06-21): Income recalculated based on co-borrower raise.<br>Reviewer Comment (2022-06-03): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-06-01): 1008 does not clear this condition. The average income is not supported by the YTD, 1 year, 1 year YTD, 2 year, or 2 year YTD averages. B2 works for B1 (spouse) as well as there is no documented 3rd party evidence of increase in wages. | 06/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732203 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Verification of rent. Borrower is a FTHB, renting from a private individual, per lender correspondence in file. 12 months canceled checks or bank statements are required. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 40+ points higher than guideline minimum. | Reviewer Comment (2022-06-03): Waived with compensating factors per investor request. |  |  | 06/03/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25732234 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Maximum DTI for a FTHB is 45%. Per the 1008, subject loan was approved at 50% DTI, which exceeds the maximum allowed. |  |  | Reviewer Comment (2022-06-21): Document co-borrower received pay increase with TWN and 2 paystubs in file. Income recalculated.<br>Reviewer Comment (2022-06-21): Income recalculated based on co-borrower raise.<br>Reviewer Comment (2022-06-03): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-06-01): 1008 does not clear this condition. The average income is not supported by the YTD, 1 year, 1 year YTD, 2 year, or 2 year YTD averages. B2 works for B1 (spouse) as well as there is no documented 3rd party evidence of increase in wages. | 06/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25736186 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-05-26): Client elects to waive |  |  | 05/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25769197 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-01): Clearance report provided | 06/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25769236 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Tax Liens / Balance: 15004.13, Credit Report: Original // Public Record Type: Tax Liens / Balance: 23455.97, Credit Report: Original // Public Record Type: Tax Liens / Balance: 55276.35, Credit Report: Original // Public Record Type: Tax Liens / Balance: 28370.80, Credit Report: Original // Public Record Type: Tax Liens / Balance: 53592.72, Credit Report: Original // Public Record Type: Tax Liens / Balance: 13271.21 | The loan file contains documentation reflecting Federal Tax liens filed for the years 2008 through 2013 against the borrower, with no evidence they have been paid/satisfied, totaling $188,971.18. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 40+ points higher than guideline minimum. | Reviewer Comment (2022-06-07): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-06): Reviewed all new attachments and didn't find any documents addressing all liens associated with this exception.<br>Reviewer Comment (2022-06-01): Check was only provided for 1 account when there are multiple accounts. |  |  | 06/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | 25769277 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.08461% significantly exceeds the guideline maximum of 45.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Maximum DTI for a FTHB is 45%. Per the 1008, subject loan was approved at 50% DTI, which exceeds the maximum allowed. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 40+ points higher than guideline minimum. | Reviewer Comment (2022-06-21): Document co-borrower received pay increase with TWN and 2 paystubs in file. Income recalculated.<br>Reviewer Comment (2022-06-21): Income recalculated based on co-borrower raise.<br>Reviewer Comment (2022-06-03): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-06-01): 1008 does not clear this condition. The average income is not supported by the YTD, 1 year, 1 year YTD, 2 year, or 2 year YTD averages. B2 works for B1 (spouse) as well as there is no documented 3rd party evidence of increase in wages. | 06/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25755745 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Missing a paystub dated within 30 days of Note date, or a Verification of Employment dated no more than 10 calendar days prior to the Note date, for the Wages Income. |  |  | Reviewer Comment (2022-06-08): Received TWN-Income<br>Reviewer Comment (2022-06-07): Received updated paystub, still need Verification of Employment dated no more than 10 calendar days prior to the Note date, for the Wages Income. | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25755857 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-06-01): Client elects to waive |  |  | 06/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25755858 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-06-01): Client elects to waive |  |  | 06/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25755859 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-06-22): Received the Acknowledgement of Receipt of Appraisal Report<br>Reviewer Comment (2022-06-13): Received the Three (3) Day Appraisal Delivery Waiver; we still need to be able to document when the borrower was provided the appraisal report | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25756007 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Schedule C Test | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. (xxxxxx/Schedule C) | Missing supporting Documents to verify Sole Proprietorship Income. Business Certificate. |  |  | Reviewer Comment (2022-06-07): Received CPA Letter and Articles | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25756009 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Schedule C | Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (xxxxxx/Schedule C) | Missing supporting Documents to verify Sole Proprietorship Income. Business Certificate. |  |  | Reviewer Comment (2022-06-10): Received<br>Reviewer Comment (2022-06-07): One of the following missing documents is required for this income source: 1) Most recent tax transcripts; 2) Most recent signed, dated 1040s; 3) Audited YTD P&L | 06/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25756190 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment By All Parties | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-06-01): Client elects to waive |  |  | 06/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25756245 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | ATR failure due to missing required employment verification and DTI exceeds guideline maximum of 45%. |  |  | Reviewer Comment (2022-06-17): NonQM<br>Reviewer Comment (2022-06-08): Received TWN-Income, post-close. Need A verbal VOE dated no more than 10 calendar days prior to Note date. DTI still in excess of 45%.<br>Reviewer Comment (2022-06-07): Did not received any new documents to clear; Missing Verification of Employment dated no more than 10 calendar days prior to the Note date, for the Wages/Tip Income. And DTI still exceeds 45%. | 06/17/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25756301 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.23370% or Final Disclosure APR of 7.26100% is in excess of allowable threshold of APOR 5.18% + 1.5%, or 6.68000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-06-22): Received the Acknowledgement of Receipt of Appraisal Report | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25761130 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 48.88480% exceeds Guideline total debt ratio of 45.00000%. | Loan was approved at 49% DTI, which exceeds guideline maximum of 45%. Investor exception in file; however, all other ATR conditions must be addressed. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-06-13): Client elects to waive with verified compensating factors |  |  | 06/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25761408 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan was approved at 49% DTI, which exceeds guideline maximum of 45%. Investor exception in file; however, all other ATR conditions must be addressed. |  |  | Reviewer Comment (2022-06-13): Client elects to waive with verified compensating factors | 06/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25761409 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 47.48427% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Loan was approved at 49% DTI, which exceeds guideline maximum of 45%. Investor exception in file; however, all other ATR conditions must be addressed. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-06-17): Waived with compensating factors per investor exception request in file.<br>Reviewer Comment (2022-06-13): Exception Detail Updated from: Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.88480% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) |  |  | 06/17/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | 25836381 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Private party VOR with canceled checks/bank printout was provided; however, need evidence of April 2022 rent payment, as last shown on printout is xxxxxx . |  |  | Reviewer Comment (2022-06-10): Further review of the VOR, landlord notates borrower paid last and security at signing of lease and not required to be collected<br>Reviewer Comment (2022-06-07): Received same verification provided during initial review. Need evidence of April 2022 rent payment, as last shown on printout is xxxxxx . | 06/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771693 | xxxxxx | 25760182 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.14119% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .14119%). |  |  |  | Reviewer Comment (2022-06-01): Client elects to waive |  |  | 06/01/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25757757 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not reflect coverage amount. Final TPOL is missing from loan file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-06-02): Client elects to waive | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25762417 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-06-03): Received | 06/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25763414 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The loan does not meet the Loan Designation of Non QM due to the bank statement provided was dated after the consummation date. |  |  | Reviewer Comment (2022-06-10): Received Account Activity prior to consummation | 06/10/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25763415 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (xxxxxx/Checking) | The bank statement provided for the borrower's personal account is dated after the consummation date. |  |  | Reviewer Comment (2022-06-10): Received Account Activity prior to consummation | 06/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25763416 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | The loan does not meet the ATR requirements due to the bank statement provided was dated after the consummation date. |  |  | Reviewer Comment (2022-06-10): Received Account Activity prior to consummation | 06/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | 25763429 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-28): The final title policy was provided. | 08/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25777362 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 6.73840% or Final Disclosure APR of 6.76200% is in excess of allowable threshold of APOR 5.17% + 1.5%, or 6.67000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-06-07): Received | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25777363 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-06-02): Client elects to waive |  |  | 06/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25777367 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-06-02): Client elects to waive |  |  | 06/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25777492 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing Disclosure provided on xxxxxx borrower acknowledge same day. |  |  | Reviewer Comment (2022-06-07): SitusAMC received xxxxxx Initial CD | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25777500 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after xxxxxx , no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $17,449.10 may be required. | Initial Loan Estimate missing. |  |  | Reviewer Comment (2022-06-07): SitusAMC received xxxxxx Initial LE and proof of receipt and earlier e-consent | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25845627 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. |  |  | Reviewer Comment (2022-06-02): Client elects to waive |  |  | 06/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Good faith redisclosure C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25845628 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - HPML Status | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. |  |  | Reviewer Comment (2022-06-07): SitusAMC received xxxxxx Initial LE | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Good faith redisclosure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | 25886333 | xxxxxx | xxxxxx | 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 $3,220.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) | SitusAMC received xxxxxx LE and xxxxxx CD. No valid changed circumstance in file for fee increase. Initial LE dated xxxxxx does not reflect rate was locked and xxxxxx CD was over 3 business days from the rate lock confirmation dated xxxxxx as lock date and cannot be used as a valid changed circumstance. provide any missing disclosure or cure would be due to borrower. |  |  | Reviewer Comment (2022-06-29): SitusAMC received LE dated xxxxxx and valid COC dated xxxxxx .<br>Reviewer Comment (2022-06-13): SitusAMC received the COC dated xxxxxx however we do not have any xxxxxx which was disclosed within 3 business days from the COC dated xxxxxx . Please provide the missing xxxxxx that was disclosed for the COC dated xxxxxx . Exception remains.<br>Reviewer Comment (2022-06-10): SitusAMC upon further review, no new document uploaded. Changed circumstance dated xxxxxx indicating Credit report fee initially disclosed at $100. No information on what change necessitated the addition of Loan Discount Points was provided. Additional information on the change is required to determine if fee can be rebaselined.<br>Reviewer Comment (2022-06-10): SitusAMC received changed circumstance dated xxxxxx indicating Credit report fee initially disclosed at $100. No information on what change necessitated the addition of Loan Discount Points was provided. Additional information on the change is required to determine if fee can be rebaselined.<br>Reviewer Comment (2022-06-09): SitusAMC received COC dated xxxxxx but upon further review corresponding CD provided on xxxxxx which is not within three business days of COC dated xxxxxx .Need valid COC for CD dated xxxxxx as fee was increased on CD dated xxxxxx or please provide any xxxxxx which was disclosed within three business days of COC dated xxxxxx or need cure. | 06/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770739 | xxxxxx | 25778893 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxxx, xxxxxx,xxxxxx Insurance Verification, Other | Missing verification of hazard insurance and proof property is owned free and clear for the REO on xxxxxx. |  |  | Reviewer Comment (2022-06-07): Received HOI. HOI w/o any mortgagee listed, in addition, the fraud report does not reflect financing on this property when purchased. | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770739 | xxxxxx | 25779883 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine if a copy of the appraisal was delivered to the borrower at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-06-03): Client elects to waive |  |  | 06/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25780013 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-06-03): Client elects to waive |  |  | 06/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25780601 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.19 is less than Guideline PITIA months reserves of 6.00. |  | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Self-employed for > 5 years | Reviewer Comment (2022-06-15): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-10): 1008 does no clear condition; however, it shows verified assets $163,388.95. What we have verified in file is; Gift for $101,250, 9332 for $6,144.08, 9852 for $52,998.95 = $160,393.03.<br>Reviewer Comment 2022-06-09): Reviewed all new attachments and no new documents were provided to clear - please resend |  |  | 06/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25856871 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Please provide deeds signed at closing, deeding property to our borrower as his sole and separate property. |  |  | Reviewer Comment (2022-06-09): Deed(s) received | 06/09/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25857350 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines |  | Per guidelines, FSBO transactions must be arm's length transactions. Subject is a FSBO purchase from the borrower's current landlord, who is also their sister-in-law. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Self-employed for > 5 years | Reviewer Comment (2022-06-15): Client elects to waive with verified compensating factors |  |  | 06/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25857361 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines for purchases between family members, loan must be full documentation. Subject is a purchase of a primary residence from a family member and was closed under the P&L only program, which is not full documentation. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Self-employed for > 5 years | Reviewer Comment (2022-06-15): Client elects to waive with verified compensating factors |  |  | 06/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25858024 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per the guidelines, renters purchasing from their landlord require 24 months of cancelled checks to prove timely payments. VOR provided reflects borrower has resided at property since 3/2021. Loan file only contains evidence of the xxxxxx 21 through 4/2022 payments. Please provide evidence of the 3/2021 through xxxxxx 21 rental payments. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Self-employed for > 5 years | Reviewer Comment (2022-06-15): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-10): New verification provided shows payments of; xxxxxx , xxxxxx , xxxxxx , xxxxxx , xxxxxx , xxxxxx . Please provide evidence of the 3/2021 through xxxxxx 21 rental payments. |  |  | 06/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | 25858147 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines for the P&L only program require the CPA to attest that they have prepared the borrower's most recent tax return. The CPA letter provided states the CPA has reviewed the tax return, not that they prepared it. |  |  | Reviewer Comment (2022-06-09): CPA Letter received attesting to preparing 2021 tax returns. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770663 | xxxxxx | 25781635 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.50 is less than Guideline PITIA months reserves of 12.00. | Borrowers are short funds due to missing Proof of Deposit and/or Transfer of Gift Funds totaling $1,044,569.00. |  |  | Reviewer Comment (2022-06-09): Received wire details for xxxxxx and escrow deposit for xxxxxx (=xxxxxx) covering gift amount. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | 25813020 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Appraisal completion date is xxxxxx and email to borrower is dated xxxxxx |  |  | Reviewer Comment (2022-06-05): Client elects to waive |  |  | 06/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | 25813342 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided |  |  |  |  | Reviewer Comment (2022-06-07): Flood Ins received | 06/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | 25827142 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | The borrower's bank statement included a $145,211.28 deposit, which per 1008 is the result of cash-out proceeds on the borrower's primary. xxxxxx guidelines require large deposits to be sourced, and supporting documentation to source the deposit was not provided with the file. |  |  | Reviewer Comment (2022-06-08): Received copy of CD for c/o refinance of primary | 06/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | 25870014 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Signed disclosure dated same day as closing. |  |  | Reviewer Comment (2022-06-05): Client elects to waive |  |  | 06/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25844344 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Explanation Letter not provided |  | Per guidelines, a copy of borrower's business license and/or letter of explanation explaining the type of business is required, Missing copy of business license and/or letter of explanation. |  |  | Reviewer Comment (2022-06-16): Received State of CA Real Estate Lic for Borrower<br>Reviewer Comment (2022-06-09): Since CPA indicates borrower is a licensed real estate agent, which requires a government issued license, a license for the past 2 years must be provided. Client can elect to waive with compensating factors.<br>Reviewer Comment (2022-06-08): LOE received, however, need a business license for the past 2 years since nature of business requires a government issued license. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25844823 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25848039 | xxxxxx | xxxxxx | Credit | Asset | Document Error | Asset | Equity from Sale of Property reflected on HUD, however supporting documentation was not found in file. |  | Proceeds from the sale of property to be used for closing costs/reserves is missing copy of HUD for sale of the property. Please provide a copy of the HUD for the sale of property. |  |  | Reviewer Comment (2022-06-09): Final SS received with 1031 exchange documents. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25848124 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of xxxxxx is less than Cash From Borrower xxxxxx. | Borrower is short cash to close in the amount of $682,388.42. Provide a copy of the HUD for the sale of property that is use proceeds for closing/reserves. |  |  | Reviewer Comment (2022-06-09): Received 1031 exchange documents with Final SS for sale of real estate.<br>Reviewer Comment (2022-06-08): Received PCCD and Closing Statement. 1) Since PCCD is lender generated, we need to validate with a certified/stamped final closing statement. 2) There is no documentation in file file for the $754,976.50 additional deposit, which appears to be proceeds from a sale of property. Need to fully document. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25848153 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | Borrower is short six months of reserves. |  |  | Reviewer Comment (2022-06-09): Received 1031 exchange documents with Final SS for sale of real estate. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25875114 | xxxxxx | xxxxxx | 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. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-06): Client elects to waive. | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25875133 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | The P&L program requires a CPA letter, in which the CPA attests that they have prepared the borrower's most recent tax return. The CPA letter provided does not attest to this. It states that the CPA reviewed the borrower's tax returns. |  |  | Reviewer Comment (2022-06-09): Received a CPA letter which attests to preparing xxxxxx tax returns. | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | 25875144 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-09): Received UW Cert addressing flags | 06/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | 25847727 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.88204% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.88204%). |  |  |  | Reviewer Comment (2022-06-07): Client elects to waive |  |  | 06/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | 25847738 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date xxxxxx , Most Recent Tax Return End Date xxxxxx , Tax Return Due Date xxxxxx . (xxxxxx/S-Corp) | The most recent 1120(s) and 1040(s) are from 2020. |  |  | Reviewer Comment (2022-06-07): Client elects to waive |  |  | 06/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | 25847939 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $400.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75174) | The COC dated xxxxxx did not disclose why the Survey Fee was added. |  |  | Reviewer Comment (2022-06-23): SitusAMC received PCCD & LOE dated xxxxxx .<br>Reviewer Comment (2022-06-16): SitusAMC upon further review, Survey Fee on Initial LE xxxxxx is updated in Section H (No Tolerance); however from Initial CD xxxxxx till Final CD xxxxxx it's updated in Section B (Services Borrower did not shop for). Please provide PCCD & LOE with Survey Fee moved from Section B to Section H or provide cure. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | 25847990 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-06-07): Client elects to waive |  |  | 06/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | 25887834 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOR provided is from non-institutional lender. Copies of the most recent 6 months' checks were provided; however, these are not canceled checks. Please provide the most recent 6 months' canceled checks, or bank statements, for the current rental payment of $2,200. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-06): Client elects to waive with verified compensation factors |  |  | 07/06/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25891866 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Please provide credit report for both borrowers. |  |  | Reviewer Comment (2022-06-14): Credit Report provided; dated xxxxxx . | 06/14/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25891874 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Please provide a gap report for both borrowers. |  |  | Reviewer Comment (2022-06-16): Received UDN; end of report xxxxxx <br>Reviewer Comment (2022-06-14): Reviewed all new attachments and gap credit was not found. (A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing.) | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25891875 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  | Reviewer Comment (2022-06-14): Flood Cert received | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25897908 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , Borrower: xxxxxx CPA Letter<br> CPA Letter | Missing copy of CPA letter, or other third party verification for both borrowers, verifying business has been in existence for at least 2 years and the borrowers' ownership percentages. |  |  | Reviewer Comment (2022-06-14): Received CPA Letter; verifies >2 yrs and ownership %. | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25897997 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of is less than Guideline representative FICO score of 660. | Missing copy of credit report, therefore, cannot validate fico score. |  |  | Reviewer Comment (2022-06-14): Received scored credit report; dated xxxxxx . | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898192 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The loan closed xxxxxx . The effective date of the appraisal is xxxxxx and the signature/report date is xxxxxx . |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898194 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | Missing copy of FACTA credit score disclosure. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898195 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Missing rate lock. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898196 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | ATR failure due to missing CPA letter, or other third party equivalent, verifying business has been in existence for at least 2 years, along with credit report verifying total debt obligations. |  |  | Reviewer Comment (2022-06-14): Received CPA Letter; verifies >2 yrs and ownership %. | 06/14/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Second Home | Purchase | Lender to provide updated ATR/QM status D B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898197 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx, xxxxxx (xxxxxx)/Bank Statements) | ATR failure due to missing CPA letter, or other third party equivalent, verifying business has been in existence for at least 2 years, along with borrower's ownership percentage of business. |  |  | Reviewer Comment (2022-06-14): Received CPA Letter; verifies >2 yrs and ownership %. | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898198 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx, xxxxxx(xxxxxx)/Bank Statements) | ATR failure due to missing CPA letter, or other third party equivalent, verifying business has been in existence for at least 2 years, along with borrower's ownership percentage of business. |  |  | Reviewer Comment (2022-06-14): Received CPA Letter; verifies >2 yrs and ownership %. | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898199 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing copy of List of Homeownership Counseling Organization disclosure. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898200 | xxxxxx | xxxxxx | 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 xxxxxx) | The only Closing Disclosure provided is dated and signed the same day as closing. |  |  | Reviewer Comment (2022-06-14): SitusAMC received the initial LE. | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898202 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,522.10 exceeds tolerance of $2,233.00 plus 10% or $2,456.30. Insufficient or no cure was provided to the borrower. xxxxxx | 10% tolerance was exceed with no valid COC provided, nor evidence of cure in file |  |  | Reviewer Comment (2022-06-22): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD. |  | 06/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898251 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Credit History | Ability to Repay (Dodd-Frank 2014): Unable to verify debt obligations using reasonably reliable third-party records. | Missing copy of credit report to verify debt obligations. |  |  | Reviewer Comment (2022-06-14): Credit Report received; dated xxxxxx . | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898252 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | ATR failure due to missing CPA letter, or other third party equivalent, verifying business has been in existence for at least 2 years, along with credit report verifying total debt obligations. |  |  | Reviewer Comment (2022-06-14): Received CPA Letter; verifies >2 yrs and ownership %. | 06/14/2022 |  |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25898433 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Per HOI policy, annual premium is $1,455.71; however, initial escrow account statement reflects the HOI annual premium as $1482.12. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25908218 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Please provide evidence of property taxes. The tax certificate in file reflects $0 in property taxes for the subject property and there is no documentation verifying the new amount used at origination. |  |  | Reviewer Comment (2022-06-16): File included a Tax Certificate Update shows Total Est Taxes w/o Exempt: $6,851.26. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | 25913028 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx, Insurance Verification, Other, Tax Verification<br> Other | The following REO documents are required and missing: xxxxxx - proof free and clear, HOI and taxes; xxxxxx - proof free and clear. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-06-20): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-17): LexisNexis does not clear Tax and HOI verification. However, DRIVE report did show 2021 tax details for xxxxxx. Exception is pending HOI for xxxxxx.<br>Reviewer Comment (2022-06-16): Received LexisNexis search for both properties and in conjunction with FraudGuard, no mortgage liens are shown on these properties Pending receipt of HOI and Tax documents for xxxxxx. |  |  | 06/20/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | 25853030 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. Final policy is missing from loan file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-26): The final title policy was provided.<br>Reviewer Comment (2022-06-07): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | 25859123 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-08-26): The final title policy was provided. | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | 25859585 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | All Red Flags on the Fraud Report were not addressed. |  |  | Reviewer Comment (2022-06-16): Received UW Cert addressing flags<br>Reviewer Comment (2022-06-14): Red Flags; Income Employment and Third Party items not addressed. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | 25860483 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | 25896989 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 61.27303% exceeds Guideline total debt ratio of 50.00000%. | Per the final 1003, the REOs on xxxxxx were owned free and clear; however, loan file contains mortgage statements for each of these properties. Including the P&I payments, borrower's DTI exceeds the guideline maximum of 50%. |  |  | Reviewer Comment (2022-06-10): Received Mortgage Statements that are not in borrowers name and mortgages are not reporting on borrowers credit report. Further research, does reflect that borrower obligated on the mortgages during the purchases, but are no $0 on the credit report. xxxxxx are still being included in ratio on both properties. | 06/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | 25896991 | xxxxxx | xxxxxx | 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. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-07): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771065 | xxxxxx | 25914980 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-06-15): Received UCCP SSR; CU Risk Score of 1.3.<br>Reviewer Comment (2022-06-14): In review of all document provided, CU Score details were not found. Please provided. | 06/15/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25880143 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The subject is financed by a private lender. A copy of the most recent 12 months' consecutive, canceled checks are required, along with a copy of the Note. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 2 months or more | Reviewer Comment (2022-07-06): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-06-27): Received copy of Note(s), Lender LOE, and Checking Activity dating back to xxxxxx . Checking Activity does have highlighted payments, but unable to tie all payments to subject. Client can elect to waive with compensating factors. |  |  | 07/06/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25886244 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement, Tax Verification | Missing Principle & Interest, Tax and Insurance verification for REO located on xxxxxx. |  |  | Reviewer Comment (2022-06-27): Received Closing Statement from purchase; no lien was provided during transaction<br>Reviewer Comment (2022-06-23): Received updated 1003, Tax, and HOI for this property. In review of the UW Cert, it states that there is bank printouts to show actual payments and copy of Note; however, these documents were not found - please resend. | 06/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25886710 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal reflects the Lender as xxxxxx, whereas, the Note reflects the lender as xxxxxx. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 2 months or more | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25886982 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-06-09): CLient elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25886983 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.06282% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .06282%). |  |  |  | Reviewer Comment (2022-06-09): CLient elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25890356 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | A Municipal Lien is present on the Title Commitment. Title line item, 15. |  |  | Reviewer Comment (2022-06-14): Received confirmation from Title Agent that item will be removed | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | 25916437 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx VVOE - Employment Only | Missing VVOE within 2 days of Note date for co-borrower's wage income. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 2 months or more | Reviewer Comment (2022-06-29): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-27): Unable to clear from a Lender's Certification. Client can elect to waive with compensating factors<br>Reviewer Comment (2022-06-17): The guidelines we were instructed to use to review loan (NDM Alt); Verbal VOE (dated within 2 days of the note date) must be completed. No Covid Overlays were provided to use. |  |  | 06/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25898322 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  |  |  |  | Reviewer Comment (2022-06-28): Credit report shows 0x30x13, then provided Closing Statement shows prior primary sold xxxxxx . | 06/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25898324 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-06-14): Approval received | 06/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25898947 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Proof of License | Missing proof of CPA current state license required, or EA (proof EA currently active on IRS web site), CTEC (proof CTEC currently active on CTEC web site) dated within 30-days of the loan application. |  |  | Reviewer Comment (2022-06-17): Received updated CPA search as Enrolled Agent<br>Reviewer Comment (2022-06-15): Received CPA letter provided during initial review. Exception is calling for proof of CPA current state license required, or EA (proof EA currently active on IRS web site), CTEC (proof CTEC currently active on CTEC web site) dated within 30-days of the loan application. | 06/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25898957 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | Financial Institution: xxxxxx // Account Type: Savings / Account Number: 7163 | Missing most recent 30 day sourcing for xxxxxx checking account ending in 45 (ending on xxxxxx with balance of $159,424.15) and savings account ending in 63 (ending on xxxxxx with balance of $508.18). Statement in file for these accounts is aged 90 days and Bank Summary for the account ending in 45 is only 11 days, May 1-11. The loan closed on xxxxxx |  |  | Reviewer Comment (2022-06-29): Received consecutive months beginning xxxxxx  | 06/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25899486 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxxx, xxxxx, xxxxxxY Insurance Verification, Statement, Tax Verification | Missing Principle & Interest, Tax and Insurance verification for REO located on xxxxxx. |  |  | Reviewer Comment (2022-06-23): Received Closing Statement for the sale of this property. Proceeds are on deposit in borrowers acct #6745. | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900913 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine if a copy of the appraisal was delivered to the borrower at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900914 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.50630% or Final Disclosure APR of 7.51200% is in excess of allowable threshold of APOR 3.92% + 1.5%, or 5.42000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-06-22): Received Acknowledgement of Receipt of Appraisal Report - borrower acknowledging receipt of report<br>Reviewer Comment (2022-06-15): Unable to determine if a copy of the appraisal was delivered to the borrower at least 3 business days prior to consummation. | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900915 | xxxxxx | xxxxxx | 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 xxxxxx | Unable to determine if a copy of the appraisal was delivered to the borrower at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-06-22): Received Acknowledgement of Receipt of Appraisal Report - borrower acknowledging receipt of report | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900916 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Missing Rate Lock. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900917 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.53917% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .53917%). |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900921 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing List of Homeownership Counseling Organizations. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900922 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) | New York Subprime Loan: File does not contain evidence that analysis of borrower's ability to repay was performed based on verified income, obligations, assets, and/or employment using PITI payment based on fully-indexed rate with fully-amortizing payment and taking into account payments on any simultaneously-closed loans. |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900923 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900924 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900925 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.50630% or Final Disclosure APR of 7.51200% is in excess of allowable threshold of Prime Mortgage Market Rate 4.16000 + 1.75%, or 5.91000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900926 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Partial Payments | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx incorrectly disclosed whether the loan allows for Partial Payments. (Final xxxxxx) | This part Loan Disclosures was not completed on the Final CD. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Letter of Explanation & Corrected Closing Disclosure.<br>Reviewer Comment (2022-06-15): SitusAMC received xxxxxx Corrected CD. Missing LOE to borrower which accompanied the correction. |  | 06/16/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900927 | xxxxxx | xxxxxx | 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 xxxxxx) | Missing Initial CD. |  |  | Reviewer Comment (2022-06-15): SitusAMC received xxxxxx CD | 06/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25900929 | xxxxxx | xxxxxx | 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 $17,040.80+L388 exceeds tolerance of $14,000.00. Insufficient or no cure was provided to the borrower. (7200) | No Change of Circumstance found in the loan file reflecting valid reason for the fee increase. |  |  | Reviewer Comment (2022-06-15): SitusAMC received LE's / CD's and valid COC for the fee increased hence after review exception has been cleared. | 06/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | 25902727 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-23): Received UDN Report; end of report xxxxxx <br>Reviewer Comment (2022-06-15): Received credit report pulled xxxxxx , Note date xxxxxx . (A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing.) | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25891053 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Appraisal reflects the Lender as xxxxxx, whereas, the Note reflects the Lender as xxxxxx Appraisal Transfer Letter is in the loan file. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25891800 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25891801 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.33581% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .33581%). |  |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25891805 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.76 is less than Guideline PITIA months reserves of 6.00. | Guidelines required minimum 6 months reserves; however, there is a lender exception provided for 3 months. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-06-09): Waived with compensating factors per investor exception request. |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25892753 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list was updated within the last 30 days. |  |  | Reviewer Comment (2022-06-09): Client elects to waive |  |  | 06/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25920067 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx , xxxxxx Insurance Verification | Missing HOI for REO on xxxxxx. |  |  | Reviewer Comment (2022-07-14): Cleared | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25920073 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Deed signed at closing reflects our borrower, as a married man; however, DOT reflects borrower and spouse as husband and wife. |  |  | Reviewer Comment (2022-07-11): The state of Texas must reflect the spousal and does not have to match the Warranty Deed. | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | 25920081 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | P&L program requires CPA letter, in which CPA attests they have prepared borrower's most recent tax return. The CPA letter provided does not attest to this. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-07-11): The client elects to waive with comp factors. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25887840 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Missing copy of approval and/or transmittal summary (1008) that includes the underwriter's name. Please provide copy of approval and/or 1008 that includes underwriter's name. |  |  | Reviewer Comment (2022-06-16): Approval received | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888363 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.78520% or Final Disclosure APR of 7.79100% is in excess of allowable threshold of APOR 3.83% + 1.5%, or 5.33000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is Non-Compliant HPML due to evidence of the delivery of the appraisal was not provided. |  |  | Reviewer Comment (2022-06-16): Received copy of email delivering report to borrower | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888364 | xxxxxx | xxxxxx | 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 xxxxxx | Evidence of delivery of the appraisal to the borrower within 3-days prior to closing was not found in the file. |  |  | Reviewer Comment (2022-06-16): Received copy of email delivering report to borrower | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888365 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Missing rate lock date. No evidence the date was provided. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888366 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888368 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated xxxxxx was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial xxxxxx) |  |  |  | Reviewer Comment (2022-06-17): SitusAMC received corrected E-consent agreement signed within compliance<br>Reviewer Comment (2022-06-16): SitusAMC received LE dated xxxxxx and CD dated xxxxxx . However initial LE dated xxxxxx is electronically signed on xxxxxx . E - consent in the file is dated xxxxxx . Provide proof that e-consent was received prior to xxxxxx or proof that initial LE dated xxxxxx was provided to borrower by another method (such as US Mail) within 3 days of application date of xxxxxx . | 06/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888369 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | Missing copy of list of service providers document. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Settlement Service Providers List. | 06/16/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888371 | xxxxxx | xxxxxx | 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 Processing Fee. Fee Amount of $695.00 exceeds tolerance of $495.00. Insufficient or no cure was provided to the borrower. (7334) | Processing fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-22): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-06-16): SitusAMC received LE dated xxxxxx and CD dated xxxxxx . Processing fee increased from $495 to $695 on LE dated xxxxxx without any valid COC. Please provide a valid COC or provide cure. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 06/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888373 | xxxxxx | xxxxxx | 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 Administration Fee. Fee Amount of $395.00 exceeds tolerance of $350.00. Insufficient or no cure was provided to the borrower. (7355) | Administration fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-22): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-06-16): SitusAMC received LE dated xxxxxx and CD dated xxxxxx . Administration fee increased from $350 to $395 on LE dated xxxxxx without any valid COC. Please provide a valid COC or provide cure. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 06/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888374 | xxxxxx | xxxxxx | 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 MERS Fee. Fee Amount of $24.95 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7539) | MERS fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-22): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-06-16): SitusAMC received LE dated xxxxxx and CD dated xxxxxx . MERS fee of $25 added on on LE dated xxxxxx without any valid COC. Please provide a valid COC or provide cure. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 06/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888376 | xxxxxx | xxxxxx | 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 Title - Abstract / Title Search. Fee Amount of $880.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77163) | Title-Abstract fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Settlement Service Providers List. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888377 | xxxxxx | xxxxxx | 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 Title - Title Update. Fee Amount of $270.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77225) | Title-Update fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Settlement Service Providers List. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888378 | xxxxxx | xxxxxx | 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 Title - Services Sales Tax. Fee Amount of $102.06 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77239) | Title-Services Sales Tax fee exceeded zero percent tolerance. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Settlement Service Providers List. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888422 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Loan does not contain a legend stating that the subprime loan is subject to section 6-m of the Banking Law. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25888423 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.78520% or Final Disclosure APR of 7.79100% is in excess of allowable threshold of Prime Mortgage Market Rate 3.89000 + 1.75%, or 5.64000%. Non-Compliant SubPrime Loan. | APR of 7.785205 is in excess of allowable Prime Mortgage Market rate of 5.640%. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25889683 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The loan closed xxxxxx . The report date of the appraisal is xxxxxx and the effective date of the appraisal is xxxxxx . |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25889684 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) | New York Subprime Loan: Borrower's ability to repay not verified with reliable documentation. | A copy of the CPA letter verifying percentage of ownership an number of years in business as well as the profit and loss statements were provided. The borrower qualified at a 31% dti which is less than 50% dti maximum. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25889685 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Missing copy of Notice of Taxes and insurance on first lien, subprime loan. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25889686 | xxxxxx | xxxxxx | 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 xxxxxx) | The loan closed xxxxxx which is the date of the closing disclosure. Therefore, the CD was not provided three days prior to closing. |  |  | Reviewer Comment (2022-06-16): SitusAMC received proof of receipt. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25890322 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Verification of rent is missing but lender exception is in file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Borrower has verified disposable income of at least $2500.00. | Reviewer Comment (2022-06-10): The client elects to waive with comp factors. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25890472 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Not in file |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | 25890473 | xxxxxx | xxxxxx | 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 Title - Settlement / Closing / Escrow Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77169) | No cure or COC in file. |  |  | Reviewer Comment (2022-06-16): SitusAMC received Settlement Service Providers List. | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25887533 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Missing the CPA Letter for Self Employed Business. |  |  | Reviewer Comment (2022-06-17): Received Operating Agreement that validates 100% ownership | 06/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25888149 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | Documentation was not provided as to when the Borrower received a copy of the Appraisal. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25888202 | xxxxxx | xxxxxx | 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 xxxxxx | Documentation has not been provided as to when the Borrower received a copy of the Appraisal. |  |  | Reviewer Comment (2022-06-20): Received email showing delivery of appraisal report to borrower. | 06/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25888327 | xxxxxx | xxxxxx | 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 $935.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) | Appraisal Fee exceeds tolerance without a Valid Change of Circumstance. |  |  | Reviewer Comment (2022-06-24): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-06-23): SitusAMC Received PCCD, LOE, Copy of check and delivery report for the cure provided.Proof of delivery signed by borrower states the amount as xxxxxx, where as the check amount is $935. Please provide a corrected proof of delivery with the corrected amount. |  | 06/24/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25888385 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.54790% or Final Disclosure APR of 8.63300% is in excess of allowable threshold of APOR 5.17% + 1.5%, or 6.67000%. Non-Compliant Higher Priced Mortgage Loan. | Borrower signed a Letter of Explanation stating understands getting a Non-QM Mortgage Loan. |  |  | Reviewer Comment (2022-06-20): Received email showing delivery of appraisal report to borrower.<br>Reviewer Comment (2022-06-17): This exception does not pertain to the LOE. Condition pertains to evidence of appraisal delivery., | 06/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 25888386 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.80115% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .80115%). | Borrower signed a Letter of Explanation stating understands getting a Non-QM Mortgage Loan. |  |  | Reviewer Comment (2022-06-10): The client elects to waive. |  |  | 06/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | 26035745 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-06-20): Client elects to waive |  |  | 06/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25900507 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | Guidelines requires 12 months housing payment history. Only two months of housing pay history was provided. Missing 10 months of housing verification. |  |  | Reviewer Comment (2022-06-15): Received LOE from relative regarding rent-free housing at prior residence from 2/2020 to 2/2022. | 06/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901289 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-28): The final title policy was provided. | 08/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901291 | xxxxxx | xxxxxx | 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. |  |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>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>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-06-13): The client elects to waive. | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901303 | xxxxxx | xxxxxx | Compliance | Compliance | Miscellaneous Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | (Doc Error) RTC Error: Right to Cancel expiration date is blank. |  |  |  |  | Reviewer Comment (2022-06-15): Received fully completed RTC form for each of the borrowers. | 06/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901399 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $118,000.00 is less than Cash From Borrower $121,365.78. | "The borrower does not meet the closing cost requirement of $120,880.78. |  |  | Reviewer Comment (2022-06-17): Received PCCD with certified copy of Final Borrower Statement<br>Reviewer Comment (2022-06-15): PCCD does not clear as the provided closing statement does not match figures and is not signed/dated/stamped. Please provided PCCD and the Final Closing Statement (signed/dated/stamped) that matches | 06/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901580 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The loan closed xxxxxx . The date of signature and report is xxxxxx and the effective date of appraisal is xxxxxx . |  |  | Reviewer Comment (2022-06-13): The client elects to waive. |  |  | 06/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901585 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-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 | Unable to test RTC expiration date due to missing information. | The right to cancel did not provide an expiration date to cancel. |  |  | Reviewer Comment (2022-06-15): Received fully completed RTC for both borrowers. | 06/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | 25901739 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Per Final closing disclosure escrowed property costs Year 1, total $13,396.44. Per taxes, insurance and flood insurance, fees total $13,396.48 per year. |  |  | Reviewer Comment (2022-06-13): The client elects to waive. |  |  | 06/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | 25900835 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-16): Received | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | 25901402 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.37351% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .37351%). |  |  |  | Reviewer Comment (2022-06-13): The client elects to waive. |  |  | 06/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | 25901439 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | The lender used an expense factor of 38% to qualify the income. The file is missing the CPA letter that confirms the expense factor. |  |  | Reviewer Comment (2022-06-20): Received CPA Expense Letter to validate expense of 38%. Includes IRS Agent Status with ID#. | 06/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770389 | xxxxxx | 25948492 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | 1007 does not reflect long term rents but short term. Short Term Rental Income – Purchase and Refinance Transactions: Any of the following methods may be used to determine monthly rental income: A 1007 or 1025 Comparable Rent Schedule survey prepared by the appraiser reflecting long term market rents. Short Term Lookback in file is only for 1 month. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-06-22): Client elects to waive with verified compensating factors |  |  | 06/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 769457 | xxxxxx | 25901969 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25902773 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date xxxxxx ; Disbursement date: xxxxxx ; Note date: xxxxxx ; Transaction date: xxxxxx |  |  |  | Reviewer Comment (2022-06-16): Received prior years HOI, effective xxxxxx . | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25903280 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.61022% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .61022%). |  |  |  | Reviewer Comment (2022-06-13): The client elects to waive. |  |  | 06/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25903282 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . |  |  |  | Reviewer Comment (2022-08-03): Cleared<br>Reviewer Comment (2022-08-02): The seller did not upload the signed/stamped certified Settlement Statement. They only uploaded a processor cert stating why they do not require one. In this instance, where the disbursement date is incorrect on the Final CD which is causing a rescission condition, they need to provide the signed/stamped certified Final Settlement Statement with an updated disbursement date to try and cure/clear this condition.<br>Reviewer Comment (2022-07-27): The ALTA Statement provided is neither stamped and/nor signed by Title Agent.<br>Reviewer Comment (2022-07-26): A PCCD cannot be used to clear this condition. A signed/stamped final settlement statement from the settlement agent is required in order to verify the disbursement date. | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25905129 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-16): UDM received for both borrowers | 06/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25905378 | xxxxxx | xxxxxx | 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 $5,226.00 exceeds tolerance of $4,321.50. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points was last disclosed as $4,321.50 CD dated xxxxxx but disclosed as $5,226.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. |  |  | Reviewer Comment (2022-06-30): SitusAMC received valid COC dated xxxxxx | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769457 | xxxxxx | 25905481 | xxxxxx | xxxxxx | 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 (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-06-13): The client elects to waive. | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | 25915891 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | 25916109 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $226,298.00 is less than the note amount of xxxxxx based on the Commitment in file. | Missing the Final Title Policy. Title Commitment has the loan as xxxxxx and the Security Instrument and Note have the loan as xxxxxx | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-14): The client elects to waive. | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | 25917305 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $91,105.03 is less than Cash From Borrower $216,556.34. | Verified Assets, no exception in file for Reserve Requirements. |  |  | Reviewer Comment (2022-08-02): Clear copy of Final CD provided and updated with - in front of adjustments. Borrower has sufficient cash to close.<br>Reviewer Comment (2022-06-23): Added rent credit used as EMD. However, in further review of the CD, appears the Calculating Cash to Close section has an error. The Adjudgments and Other Credits figure shows as $64,273.74, but this should be a negative number (-$64,273.74). In order to make corrections, please provide a PCCD, along with an LOE regarding change and proof of delivery to the borrower.<br>Reviewer Comment (2022-06-23): Exception Explanation Updated from: Documented qualifying Assets for Closing of $63,963.03 is less than Cash From Borrower $216,556.34. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | 25917767 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock not provided in the enclosed Documents. |  |  | Reviewer Comment (2022-06-14): The client elects to waive. |  |  | 06/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | 25918827 | xxxxxx | xxxxxx | 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 3.00. | Guidelines require 3 months PITI in reserves the EMD was not sourced causing the reserve discrepancy. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-05): Cash to close is calculated as funds to close + EMD + POCB fees + Gift+ any adjustments on page 3 of the Final CD. Page 3, under Final Calculating Cash to Close table, Adjustments and Other Credits reflects a positive number vs. negative number. Provide the corrected/updated PC-CD and LOE to borrower for retesting.<br>Reviewer Comment (2022-06-23): Added rent credit used as EMD. However, in further review of the CD, appears the Calculating Cash to Close section has an error. The Adjudgments and Other Credits figure shows as $64,273.74, but this should be a negative number (-$64,273.74). In order to make corrections, please provide a PCCD, along with an LOE regarding change and proof of delivery to the borrower. |  |  | 08/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767428 | xxxxxx | 25951621 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the second lien being paid through closing. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.37 is greater than the minimum required DSCR of 1.00. | Reviewer Comment (2022-06-23): Client elects to waive with verified compensating factors |  |  | 06/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 767428 | xxxxxx | 25951678 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | The 1007 completed by appraiser xxxxxx does not reflect the lease information. Appraisal reflects Tenant Occupied. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.37 is greater than the minimum required DSCR of 1.00. | Reviewer Comment (2022-06-23): Client elects to waive with verified compensating factors. |  |  | 06/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 767428 | xxxxxx | 25951722 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 83.06011% exceeds Guideline loan to value percentage of 65.00000%. | The Lender had 3 appraisals completed by different appraisers/companies; Effective dates xxxxxx , xxxxxx , and xxxxxx ; Completion dates xxxxxx , xxxxxx , xxxxxx . Values: xxxxxx. The lender utilized the highest appraised value with no explanation. Due to securitization requirements, the lowest pre-close value must be utilized. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of 1.37 is greater than the minimum required DSCR of 1.00. | Reviewer Comment (2022-09-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-06-27): Due to securitization requirements, the lowest pre-close value must be utilized. Lender's internal review has no bearing on securitization requirements. Investor exception will be required. |  |  | 09/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771957 | xxxxxx | 25918437 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx , Valuation Type: Appraisal / Valuation Report date: xxxxxx | Address on the Valuation and the Desk Review Appraisal has the address city as xxxxxx rather than xxxxxx as reflected on the Note. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-06-23): Client elects to waive with verified compensating factors |  |  | 06/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25918879 | xxxxxx | xxxxxx | Credit | Employment | Miscellaneous | Employment | The verification of employment was not obtained within 10 days of the note date. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | The Verification of Employment for Co-Borrower is not dated within 10 days of the Note. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-07-06): Waived with compensating factors per investor request. |  |  | 07/06/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25919946 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 600.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Loan Underwriting and Transmittal has HOA Dues of $50.00 which would be the $600.00 on the Final Closing Disclosure. The Appraisal does not have PUD or HOA listed on it and does not have an amount listed for monthly costs. |  |  | Reviewer Comment (2022-06-14): The client elects to waive. |  |  | 06/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25920185 | xxxxxx | xxxxxx | 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 xxxxxx) | Need evidence the xxxxxx Initial CD was provided to the borrower on xxxxxx |  |  | Reviewer Comment (2022-06-29): SitusAMC received xxxxxx electronically signed initial CD<br>Reviewer Comment (2022-06-27): SitusAMC received lender rebuttal that Initial CD issued xxxxxx was esigned by borrower on xxxxxx. However, the xxxxxx Initial CD in file did not reflect an electronic signature and no disclosure tracking documentation was found in file. We cannot accept a snippet on the rebuttal of just the signature as we do not know which document that snippet belongs with. Please provide the entire disclosure with the electronic signature or disclosure tracking to confirm the borrower receipt date within 3 business days of closing. | 06/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25920186 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xxxxxx not received by borrower at least four (4) business days prior to closing. (Interim xxxxxx) | Loan Estimate not received at least 4 Business Days prior to closing. Need evidence the xxxxxx LE was received prior to xxxxxx |  |  | Reviewer Comment (2022-08-02): SitusAMC received proof of receipt.<br>Reviewer Comment (2022-06-29): SitusAMC received rebuttal on timing. As previously stated, if document is being documented as received via electronic delivery, must be provided proof of receipt electronically (disclosure tracking, signed electronically with date, etc), otherwise the mailbox rule is in effect. But on xxxxxx LE being held at mailbox rule, it would not have been received on xxxxxx, but would be on xxxxxx which is 3 days prior to closing and not 4 as required for this regulation. Monday xxxxxx was a Federal holiday and cannot be counted in the Specific Business day count. Provide proof borrower received at least 4 business days prior to closing.<br>Reviewer Comment (2022-06-27): SitusAMC received lender rebuttal that econsent on xxxxxx and that future documents considered delivered to borrower on day sent. However, we must be provided proof of receipt electronically, as we can not assume borrower opened and viewed any electronic delivery documents within the required time and the xxxxxx final LE did not reflect an electronic signature and no disclosure tracking has been provided for the receipt date at least 4 business days prior to closing. Provide proof of receipt within required timing. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25920236 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.58754% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.58754%). | Borrower signed a Discount Point Fee Disclosure. |  |  | Reviewer Comment (2022-06-14): The client elects to waive. |  |  | 06/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771957 | xxxxxx | 25920451 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | A Written Verification of Employment in file from current Employer for Co-Borrower. |  |  | Reviewer Comment (2022-06-30): WVOE received | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768115 | xxxxxx | 25949117 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing copy of gap report. |  |  | Reviewer Comment (2022-06-20): Received credit refresh pulled xxxxxx ; no new activity detected | 06/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 768115 | xxxxxx | 25996428 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per guidelines, a non-institutional VOR requires 12 months canceled checks for a FTHB. VOR provided is non-institutional and borrower is a FTHB and 12 months canceled checks were not provided. Further, the VOR provided is not signed or dated. Please provide signed and dated VOR with canceled checks. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-06-27): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-06-23): No new documents were received<br>Reviewer Comment (2022-06-20): Received the same VOR during initial review that is unsigned/dated. Please provide signed/dated VOR form. Also received 6 months of cancelled checks to verify rent, exception is calling for 12 months of cancelled checks for being a FTHB. |  |  | 06/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25947939 | xxxxxx | xxxxxx | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | Missing the Lender's Initial 1003. |  |  | Reviewer Comment (2022-06-16): Client elects to waive |  |  | 06/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25948007 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Missing the Credit Report. |  |  | Reviewer Comment (2022-06-22): Credit Report received; dated xxxxxx . | 06/22/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25948013 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Missing the Flood Certificate. |  |  | Reviewer Comment (2022-06-22): Flood Cert received | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949638 | xxxxxx | xxxxxx | 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. | Missing the Signed and Date document showing that the Borrower acknowledgement of receiving the Appraisal within 3 Business Days of Consummation or that waived the timing requirement. |  |  | Reviewer Comment (2022-06-16): Client elects to waive |  |  | 06/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949640 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to DTI exceeding guidelines, missing credit report and missing third party verification that borrower owns at least 50% of business. |  |  | Reviewer Comment (2022-06-22): Received CPA (expense) letter that verifies 100% ownership and an expense of 30% (70% Usability) | 06/22/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status D B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949642 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Guidelines require CPA letter, or other equivalent third party verification, that borrower owns at least 50% of the business, which was not provided. |  |  | Reviewer Comment (2022-06-22): Received CPA (expense) letter that verifies 100% ownership and an expense of 30% (70% Usability) | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949643 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Exception was made for the missing Income Worksheet and CPA Letter. |  |  | Reviewer Comment (2022-06-22): Received CPA (expense) letter that verifies 100% ownership and an expense of 30% (70% Usability) | 06/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949758 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7723) | Survey Fee of $150.00 exceeds tolerance without a Valid Changed of Circumstance. |  |  | Reviewer Comment (2022-06-29): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD |  | 06/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25949839 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Massachusetts HPML Threshold Test Compliant | Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of 7.68980% or Final Disclosure APR of 7.82700% is in excess of allowable threshold of APOR 5.18% + 1.5%, or 6.68000% Compliant Higher Priced Loan. | Compliant Higher Priced Loan. |  |  | Reviewer Comment (2022-06-16): Client elects to waive |  |  | 06/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25950256 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.36 is less than Guideline PITIA months reserves of 6.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Residual income more than 1.5x the amount required by guidelines | Reviewer Comment (2022-06-22): Client elects to waive with verified compensating factors |  |  | 06/22/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25950494 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. |  | Missing the Credit Report. |  |  | Reviewer Comment (2022-06-22): Scored credit report received | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25951482 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 56.41349% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Maximum DTI for a FTHB with no housing history is 43%. Per the 1008, $14,038.59 in monthly income was utilized in the review; however, audit income is 10,959.63 per month, based on statements provided and utilizing a fixed 50% expense factor. Based on this, DTI exceeds guideline maximum of 43%. It should also be noted that per the final 1008, loan was approved at 44.041%, which exceeds the guideline maximum of 43% as well. |  |  | Reviewer Comment (2022-06-22): Received CPA (expense) letter that verifies 100% ownership and an expense of 30% (70% Usability) | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25951497 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 56.41349% exceeds Guideline total debt ratio of 43.00000%. | Maximum DTI for a FTHB with no housing history is 43%. Per the 1008, $14,038.59 in monthly income was utilized in the review; however, audit income is 10,959.63 per month, based on statements provided and utilizing a fixed 50% expense factor. Based on this, DTI exceeds guideline maximum of 43%. It should also be noted that per the final 1008, loan was approved at 44.041%, which exceeds the guideline maximum of 43% as well. |  |  | Reviewer Comment (2022-06-22): Received CPA Letter which included an expense of 30% (70% Income Usability) | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25951636 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Due to DTI exceeding guideline maximum, along with missing third party verification of borrower's ownership percentage of the business. |  |  | Reviewer Comment (2022-06-22): Received CPA (expense) letter that verifies 100% ownership and an expense of 30% (70% Usability) | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25998651 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines for a FTHB, borrowers must have a 0x30x12 housing history. Per final 1003, borrower is living rent free, which is not allowed under the FTHB program. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Residual income more than 1.5x the amount required by guidelines | Reviewer Comment (2022-06-22): Client elects to waive with verified compensating factors |  |  | 06/22/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | 25999401 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Per guidelines for the bank statement program, a CPA letter, or other equivalent third party documentation, is required to verify borrower owns at least 50% of the business, which was not provided. |  |  | Reviewer Comment (2022-06-22): Received CPA letter that verifies borrower as 100% owner of business. | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | 25955448 | xxxxxx | xxxxxx | 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 missing on provided Title preliminary report. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-17): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | 25964745 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | 25976084 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeowner Counseling Disclosure was provided but were unable to determine if the list was updated within the last 30 days |  |  | Reviewer Comment (2022-06-17): Client elects to waive |  |  | 06/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | 26024581 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-23): Received UW Cert addressing flags<br>Reviewer Comment (2022-06-21): Received same documents as in original loan file. All high risk red flags must be cleared and/or addressed. Either provide an LOE from processor/underwriter addressing all red flags or provide report showing red flags were cleared, as shown on page of the fraud report. | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25966243 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $269,445.35 is less than Cash From Borrower $271,317.61. | Qualifying Assets for Closing is less than required for Cash from Borrower. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income 2.5 times more than required. | Reviewer Comment (2022-06-24): Waived with compensating factor per investor request.<br>Reviewer Comment (2022-06-22): Cash to close is calculated as Funds to Close + EMD + POCB fees + any additional fees listed on page 3 of CD. |  |  | 06/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25968146 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Documentation has not been provided that the Borrower received the Appraisal 3 Business days prior to consummation. |  |  | Reviewer Comment (2022-06-20): Client elects to waive |  |  | 06/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25968147 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.52890% or Final Disclosure APR of 8.58800% is in excess of allowable threshold of APOR 5.18% + 2.5%, or 7.68000%. Non-Compliant Higher Priced Mortgage Loan. | Compliant. |  |  | Reviewer Comment (2022-06-22): Received Certified Report Delivery Confirmation | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25968148 | xxxxxx | xxxxxx | 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 xxxxxx | Documentation has not been provided that the Borrower received the Appraisal 3 Business days prior to consummation. |  |  | Reviewer Comment (2022-06-22): Received Certified Report Delivery Confirmation | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25968151 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | The calculated reserves are less than the Lender Guidelines of 6 months. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income 2.5 times more than required. | Reviewer Comment (2022-06-24): Waived with compensating factor per investor request. |  |  | 06/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 25974461 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, the document does not verify the list was updated within the last 30 days |  |  | Reviewer Comment (2022-06-20): Client elects to waive |  |  | 06/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 26029938 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, FTHB are required to document a 0x30x12 housing history. Per the loan documents, borrower is a FTHB living rent free, which does not meet the guideline requirement. Loan file contains an investor exception request; however, the comp factors are incorrect. It states reserves exceed requirement by 6 months or more; however, loan file does not contain sufficient reserves of 6 months as required for FTHB. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income 2.5 times more than required. | Reviewer Comment (2022-06-24): Waived with compensating factor per investor request. |  |  | 06/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 26030051 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-24): Received | 06/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | 26030222 | xxxxxx | xxxxxx | 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 $1,200.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506) | Zero percent fee tolerance exceeded. The CoC provided does not indicate a valid change reason for the increase in appraisal fee. |  |  | Reviewer Comment (2022-06-27): SitusAMC received valid COC with reason why the fee was increased hence after review the exception was cleared. | 06/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | 25955446 | xxxxxx | xxxxxx | 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 missing on provided Title preliminary report. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-06-17): Client elects to waive | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | 25962970 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 15,937.56 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-06-17): Client elects to waive |  |  | 06/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | 25963165 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-28): The final title policy was provided. | 08/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | 25955450 | xxxxxx | xxxxxx | 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 missing on provided Title preliminary report. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): The final title policy was provided.<br>Reviewer Comment (2022-06-20): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | 25970832 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-08-26): The final title policy was provided. | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | 25971021 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | The City on the Desk Review is xxxxxx; city on Note is xxxxxx. |  |  | Reviewer Comment (2022-06-23): Received updated CDA | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | 26031945 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-22): Received UW Cert addressing flags | 06/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771375 | xxxxxx | 25991872 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.21028% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .21028%). |  |  |  | Reviewer Comment (2022-06-21): Client elects to waive |  |  | 06/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771375 | xxxxxx | 26080559 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Other | Missing evidence the REO on xxxxxx is owned free and clear. The property history report provided does not show a release of the mortgage. |  |  | Reviewer Comment (2022-07-07): Evidence the property was free and clear was provided.<br>Reviewer Comment (2022-06-24): Unable to clear with HOI Mortgagee details. The property history report provided does not show a release of the mortgage.<br>Reviewer Comment (2022-06-23): Unable to clear with HOI Mortgagee details. The property history report provided does not show a release of the mortgage. | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | 25987565 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-06-21): Client elects to waive |  |  | 06/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | 25987568 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | 25987586 | xxxxxx | xxxxxx | 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. |  | The Preliminary Title Report did not contain the Loan Policy amount. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-21): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | 26042300 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-23): UW Cert received addressing flags | 06/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772675 | xxxxxx | 25997955 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance. |  | Page 1 is missing from the policy. |  |  | Reviewer Comment (2022-07-07): The full HOI policy was provided. | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771478 | xxxxxx | 26014325 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26014364 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxxx xxxxxxx xxxxxx, xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxxx, xxxxxxx xxxxxx, xxxxxxx Insurance Verification<br> Statement | The fie is missing insurance verification or documentation to verify no insurance for property located on xxxxxx The file is missing the mortgage statement or other documentation to verify the taxes and insurance are included in the mortgage payment for the property located on xxxxxx. |  |  | Reviewer Comment (2022-09-02): An LOE was provided.<br>Reviewer Comment (2022-08-24): Remains<br>Reviewer Comment (2022-08-22): The LOE/evidence of no HOI located for xxxxxx was not provided. Property profile report for xxxxxx shows sold xxxxxx which is post consummation. Property would need to have been sold prior to closing in order to be excluded/all documentation prior to closing reflecting pending sale. Property profile for xxxxxx reflects taxes. Pending evidence of HOI or pre-sale closing docs/purchase contract.<br>Reviewer Comment (2022-08-17): Property Profile provided does not confirm HOI premium. Exception remains.<br>Reviewer Comment (2022-08-15): Still need a mortgage statement from xxxxxx.<br>Reviewer Comment (2022-08-05): nothing provided to show that the property does not have insurance. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26014377 | xxxxxx | xxxxxx | 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. |  | The Preliminary Title Report did not contain the Loan Policy amount. |  |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-06-22): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26014401 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Account Statements | The guidelines require a copy of the Social Security award letter and 30-days current proof of receipt. The file missing the current proof of receipt. |  |  | Reviewer Comment (2022-09-02): proof of receipt was provided.<br>Reviewer Comment (2022-08-24): Exception Remains as provided document is bank statement which shows withdrawal.<br>Reviewer Comment (2022-08-22): Only page 2 of 4 was provided. Does not reflect account holder name. Provide the complete bank statement.<br>Reviewer Comment (2022-08-17): Award Letter provided. Still missing 30-days current proof of of receipt of payment. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26023519 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 41.10748% exceeds Guideline total debt ratio of 50.00000%. | The guidelines allow a maximum DTI of 50%. The loan was approved at 52.090%; however, the verified DTI is 53.63790. The increase in DTI is due to the lender did not include the $21.30 taxes on the property located on xxxxxx and did not include all other debts from the credit report as the most recent credit report reflects debts totaling $1,328.31; however, the lender only used $1,210.31 to qualify the loan. The borrower has additional debts of $24 per month on 2 revolving accounts and co-borrower has an installment account with a monthly payment of $152 that was not included. |  |  | Reviewer Comment (2022-09-02): Evidence that the REO was sold was provided and removed from DTI.<br>Reviewer Comment (2022-09-02): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 55.86957% exceeds Guideline total debt ratio of 50.00000%.<br>Reviewer Comment (2022-09-02): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 53.63790% exceeds Guideline total debt ratio of 50.00000%.<br>Reviewer Comment (2022-08-15): An exception waiver from the investor will be required due to the DTI being over 50%.<br>Reviewer Comment (2022-08-05): Please provide evidence that the loan was paid off | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26023642 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Due to DTI exceeding 50%. |  |  | Reviewer Comment (2022-09-02): Evidence that the REO was sold was provided and removed from DTI. The DTI is now under 50%.<br>Reviewer Comment (2022-08-15): An exception waiver from the investor will be required due to the DTI being over 50%.<br>Reviewer Comment (2022-08-05): Please provide evidence that the loan was paid off | 09/02/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26023643 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Due to DTI exceeding 50%. |  |  | Reviewer Comment (2022-09-02): Evidence that the REO was sold was provided and removed from DTI. The DTI is now under 50%.<br>Reviewer Comment (2022-08-15): An exception waiver from the investor will be required due to the DTI being over 50%.<br>Reviewer Comment (2022-08-05): Please provide evidence that the loan was paid off | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26023644 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 53.63790% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The guidelines allow a maximum DTI of 50%. The loan was approved at 52.090%; however, the verified DTI is 53.63790. The increase in DTI is due to the lender did not include the $21.30 taxes on the property located on xxxxxx and did not include all other debts from the credit report as the most recent credit report reflects debts totaling $1,328.31; however, the lender only used $1,210.31 to qualify the loan. The borrower has additional debts of $24 per month on 2 revolving accounts and co-borrower has an installment account with a monthly payment of $152 that was not included. |  |  | Reviewer Comment (2022-09-02): Evidence that the REO was sold was provided and removed from DTI. The DTI is now under 50%.<br>Reviewer Comment (2022-08-15): An exception waiver from the investor will be required due to the DTI being over 50%.<br>Reviewer Comment (2022-08-05): Please provide evidence that the loan was paid off | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26023646 | xxxxxx | xxxxxx | 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 xxxxxx) | The file is missing a copy of the initial Closing Disclosure. |  |  | Reviewer Comment (2022-06-29): SitusAMC received the initial CD.<br>Reviewer Comment (2022-06-24): Please provide initial CD for testing. | 06/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771478 | xxxxxx | 26024143 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List in file was provided; however, it is not dated by the lender to determine that it was dated within 30 days of application. |  |  | Reviewer Comment (2022-06-22): Client elects to waive |  |  | 06/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770142 | xxxxxx | 26015686 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-24): Gap provided | 06/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770584 | xxxxxx | 26023403 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Documentation missing from the file |  |  | Reviewer Comment (2022-07-05): COGS provided<br>Reviewer Comment (2022-06-27): Reviewed all new attachments and the Cert of Good Standing was not found - please resend | 07/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 770584 | xxxxxx | 26082013 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-07): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-06-28): Signing the Note is not a personal guaranty. Further, the Note was not signed as an individual but as an Entity by Member (which is the Guarantor). Loan closed in an Entity. Guarantor agreement is required. Investor can consider waiving.<br>Reviewer Comment (2022-06-27): The members authorized to encumber the LLC as guarantors |  |  | 07/07/2022 | 2 D B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772421 | xxxxxx | 26029314 | xxxxxx | xxxxxx | 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 $752.00 exceeds tolerance of $500.00 plus 10% or $550.00. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | Cure not provided. |  |  | Reviewer Comment (2022-06-20): Sufficient Cure Provided At Closing |  | 06/20/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772421 | xxxxxx | 26029315 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,160.00 exceeds tolerance of $850.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Cure not provided. |  |  | Reviewer Comment (2022-06-20): Sufficient Cure Provided At Closing |  | 06/20/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772421 | xxxxxx | 26029319 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.23467% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .23467%). | Loan fails xxxxxx 3% test. Points and fees of xxxxxx on a federal loan amount of xxxxxx or 3.23467% an overage of .23467% or xxxxxx |  |  | Reviewer Comment (2022-06-22): Client elects to waive |  |  | 06/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772421 | xxxxxx | 26029332 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval document not provided. |  |  | Reviewer Comment (2022-07-06): Approval provided | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772421 | xxxxxx | 26092667 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage short by $40,600.00. Please provide either increased HOI coverage or an RCE. |  |  | Reviewer Comment (2022-07-06): RCE provided | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26023862 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided |  | The file is missing the Business Purpose Loan Rider to Security Instrument. |  |  | Reviewer Comment (2022-06-30): Received BP Rider to the DOT | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26024055 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Subject property is in an ineligible geographic area. | State: xxxxxx | The guidelines for theFLEX program does not allow loans in the state of Georgia. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-11-03): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-05): This condition does not pertain to licensing. This is a guideline requirement and does not exempt investment properties.<br>Reviewer Comment (2022-06-30): Unable to clear. Per provided Guidelines/Matrix; Eligible states include AZ, CA, CO, FL, IL, MD, MN, PA, TX, UT. |  |  | 11/03/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26024747 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines require all disputed accounts with a balance of $250 or more to be resolved and documented with a credit supplement. The updated report date xxxxxx reflects a revolving account with a balance of $3,128 as disputed. The file does not contain a credit supplement to verify the dispute has been resolved. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-06-29): Client elects to waive with verified compensating factors |  |  | 06/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26025106 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. |  |  |  | Reviewer Comment (2022-06-22): Client elects to waive |  |  | 06/22/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26025107 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 8.68025% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or 3.68025%). |  |  |  | Reviewer Comment (2022-06-22): Client elects to waive |  |  | 06/22/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26025140 | xxxxxx | xxxxxx | 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 |  |  |  |  | Reviewer Comment (2022-09-26): Seller claims new ARR needed to be order due to effective date could not be updated due to original reviewer passed away. New ARR reflects the correct effective date with a lower value but within 10%. Acceptable and deemed a non-issue since new report is lower.<br>Reviewer Comment (2022-07-14): The desk review should match the appraisal effective date, not the effective date of the 442.<br>Reviewer Comment (2022-07-13): please provide the appraisal that has an effective date of xxxxxx . Per the response, the vendor was provided an appraisal with that effective date.<br>Reviewer Comment (2022-07-08): The ARR report still reflects an effective date of xxxxxx which does not match the appraisal effective on the appraisal of xxxxxx . If the ARR report was based on another appraisal please provide that report.<br>Reviewer Comment (2022-07-04): Effective date on the desk review on the first page of xxxxxx does not match effective date of appraisal dated xxxxxx . Appraiser's comments have no bearing on this date. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26025190 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance Policy reflects the city as xxxxxx which does not match the city on the Note of xxxxxx. |  |  | Reviewer Comment (2022-07-08): Evidence of HOI address change was provided. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | 26025330 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines allow for a maximum of 3% or $8,997 in interest party contributions; however, the final HUD-1 reflects a seller credit of $25,000. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-11-03): Client elects to waive with verified compensation factors |  |  | 11/03/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26034986 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is short by $520,000.00. Please provide additional HOI coverage or an RCE. |  |  | Reviewer Comment (2022-07-08): RCE and additional 25% coverage on the HOI policy were provided.<br>Reviewer Comment (2022-07-04): RCE provided is dated xxxxxx and policy number does not match current policy number on HOI. Please provide either updated coverage or RCE for subject HOI policy. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035337 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) |  |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035338 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower |  |  |  | Reviewer Comment (2022-07-13): Cleared<br>Reviewer Comment (2022-07-08): HOEPA disclosure was not found, but the Acknowledgement of RESPA's Homeownership Counseling Organizations List was provided which is not the same. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035339 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. |  |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035341 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. |  |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035342 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.13604% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an allowable total of xxxxxx (an overage of xxxxxx or .13604%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (2022-07-13): Cleared<br>Reviewer Comment (2022-07-08): Please provide evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion. The full Mavent report should reflect this. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035343 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. |  |  |  | Reviewer Comment (2022-07-13): Cleared<br>Reviewer Comment (2022-07-11): Per prior reviewer comments, please provide the entire xxxxxx report. The one page provided does not clear this condition.<br>Reviewer Comment (2022-07-08): Please provide evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion. The full xxxxxx report should reflect this. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035344 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (ATR - Employment: Bank Statements) | 2014 High-Cost Mortgage (Closed-end ATR): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035345 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (ATR - Employment: Bank Statements) | 2014 High-Cost Mortgage (Closed-end ATR): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035346 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 5.13604% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 2.13604%). |  |  |  | Reviewer Comment (2022-06-23): Client elects to waive |  |  | 06/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035347 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-06-23): Client elects to waive |  |  | 06/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035348 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 2,986.70 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-06-23): Client elects to waive |  |  | 06/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035419 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035420 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035422 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035423 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Missing CPA letter, or other third party verification that borrower owns at least of 50% business and that it has been in business for at least 2 years, for the secondary employer listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received third party verification of ownership of second business used to qualify. | 07/04/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26035424 | xxxxxx | xxxxxx | 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 xxxxxx) | Missing Initial Closing Disclosure |  |  | Reviewer Comment (2022-07-08): SitusAMC received xxxxxx Initial CD | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26098658 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file contains a lender exception request stating that the borrower owns a total of 56 REOs; however, only 5 were disclosed on the final 1003. Lender is requesting the additional 51 REOs not be accounted for in borrower's liabilities or mortgage history requirements. |  |  | Reviewer Comment (2022-07-15): The loan is a bank statement loan covering the 51 properties and 50% expensive factor was used. These properties are business owned so they do not need to be disclosed. | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26102655 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , Borrower: xxxxxx CPA Letter<br> CPA Letter | Guidelines require CPA letter, or other third party equivalent documentation, verifying borrower's are at least 50% owner and that the business has been in existence for at least two years. File is missing this documentation for the second business listed on the final 1003. |  |  | Reviewer Comment (2022-07-04): Received | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | 26102950 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx-xxxxxxx xxxxxxx xxxxxx, xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement, Tax Verification | Loan file is missing mortgage statements, along with proof of taxes and insurance for all five of the additional REOs disclosed on the 1003. |  |  | Reviewer Comment (2022-07-25): Received<br>Reviewer Comment (2022-07-19): An internal spreadsheet is not acceptable for documentation of the PITIA for each property. Provide the statements, proof of T&I, any HOA, etc.<br>Reviewer Comment (2022-07-04): Lender exception request is for the additional 51 properties, stating that 5 were reflected on final 1003. All statements, and proof of taxes and insurance, must be provided for these properties. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26041124 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26041129 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Missing copy of initial escrow account statement. |  |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26041970 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-01): Received | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26041972 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26119969 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-07-01): Received<br>Reviewer Comment (2022-06-30): LOE is not acceptable. A gap credit report dated within 10 days prior to closing or anytime after is required. Loan was UW to investor guidelines.<br>Reviewer Comment (2022-06-28): Credit Report in file is dated xxxxxx . Guidelines; A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. Any new debt must be included in determining the DTI ratio. | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | 26119991 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing VOM reflecting 0x30x12 for REO on xxxxxx, which was borrower's former primary residence. |  |  | Reviewer Comment (2022-06-28): Received Closing Statement dated xxxxxx showing transaction was an all cash-out transaction, no liens were shown. Also received current Billing Statement payment made and next due xxxxxx . | 06/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26033822 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-24): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26036842 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Final title not provided. |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26040490 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 1,164.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Amount of annual non-escrowed property costs of $1164 does not match amount of annual HOA dues found on valuation. |  |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26120820 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Borrower signed acknowledgment at closing stating they received appraisal at least 3 days prior to consummation; however, appraisal report date is xxxxxx and consummation date of loan is xxxxxx , which is less than 3 business days. |  |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26120821 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.02080% or Final Disclosure APR of 7.08300% is in excess of allowable threshold of APOR 5.33% + 1.5%, or 6.83000%. Non-Compliant Higher Priced Mortgage Loan. | Borrower signed acknowledgment at closing stating they received appraisal at least 3 days prior to consummation; however, appraisal report date is xxxxxx and consummation date of loan is xxxxxx , which is less than 3 business days. |  |  | Reviewer Comment (2022-07-01): Received preliminary appraisal report. | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | 26120822 | xxxxxx | xxxxxx | 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 xxxxxx | Borrower signed acknowledgment at closing stating they received appraisal at least 3 days prior to consummation; however, appraisal report date is xxxxxx and consummation date of loan is xxxxxx , which is less than 3 business days. |  |  | Reviewer Comment (2022-07-01): Received preliminary appraisal report. | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771825 | xxxxxx | 26031602 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-06-27): Fraud Report received | 06/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 770775 | xxxxxx | 26080718 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeowner Counseling Disclosure was provided but were unable to determine if the list was updated within the last 30 days |  |  | Reviewer Comment (2022-06-24): Client elects to waive |  |  | 06/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770775 | xxxxxx | 26130394 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-06-27): Received UDM report. End of report xxxxxx . | 06/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771878 | xxxxxx | 26042298 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Credit report not provided. |  |  | Reviewer Comment (2022-06-28): Score credit report received; dated xxxxxx  | 06/28/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771878 | xxxxxx | 26042387 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of is less than Guideline representative FICO score of 680. | Credit report was not provided. |  |  | Reviewer Comment (2022-06-28): Scored credit report received ; dated xxxxxx  | 06/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771878 | xxxxxx | 26095710 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower is utilizing funds from a secured loan. A Final Settlement Statement and an unexecuted/notarized trust deed was provided. Per guidelines, a copy of the the Note is required. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-21): per guidelines a note is required.<br>Reviewer Comment (2022-07-13): The DOT was provided, however guidelines state the Note is required.<br>Reviewer Comment (2022-07-05): The document provided is not executed. Provide the executed Note. |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771878 | xxxxxx | 26095750 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the HOA, the question for is the association involved in any current or pending litigation is marked no, however the description under it then says a. Foreclosure. |  |  | Reviewer Comment (2022-07-13): An updated HOA Questionnaire was provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771122 | xxxxxx | 26090907 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx, Insurance Verification, Statement, Tax Verification | Missing Principle & Interest, Tax and Insurance verification for REO located on xxxxxx. |  |  | Reviewer Comment (2022-06-30): Received CD for purchase xxxxxx withy PITI terms | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771122 | xxxxxx | 26148432 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the security instrument and deed signed at closing, loan closed in the business entity name; however, the Note and DOT were only signed as individuals. Please provide corrected Note, and any Riders, reflecting the correct signatures including the business entity. |  |  | Reviewer Comment (2022-08-02): Per investor direction, corrected Note is no longer required, only mtg. Received additional documents required on xxxxxx with regards to LOE, recording page of mortgage, and mailing label for delivery to borrower.<br>Reviewer Comment (2022-07-26): Corrected Security Instrument and all Riders were provided; however, still missing the LOE to the borrower, evidence of delivery to the borrower and the Lender's letter of intent to re-record the updated Security Instrument/Riders.<br>Reviewer Comment (2022-06-30): Unable to clear. Updated documents not received. Loan closed in Entity. Per the security instrument and deed signed at closing, loan closed in the business entity name; however, the Note and DOT were only signed as individuals. Please provide corrected Note, and any Riders, reflecting the correct signatures including the business entity. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771122 | xxxxxx | 26148502 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | The HOI policy provided reflects the individual guarantors as the insured. Please provide updated HOI policy reflecting the business entity. |  |  | Reviewer Comment (2022-07-28): Updated HOI with the business listed as the name insured was provided | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771122 | xxxxxx | 26148973 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | Missing evidence final appraisal report was delivered to borrower. |  |  | Reviewer Comment (2022-06-27): Client elects to waive |  |  | 06/27/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26091589 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | The file contains an Appraisal Waiver; however, there is no evidence the appraisal was provided to the borrower. |  |  | Reviewer Comment (2022-06-27): Client elects to waive |  |  | 06/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26091590 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.59170% or Final Disclosure APR of 7.62400% is in excess of allowable threshold of APOR 5.16% + 1.5%, or 6.66000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-06-30): Received Acknowledgement of Receipt of Appraisal Report confirming the report was received via email | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26091591 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-06-30): Received Acknowledgement of Receipt of Appraisal Report confirming the report was received via email | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26091592 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 7.59170% or Final Disclosure APR of 7.62400% is in excess of allowable threshold of APOR 5.16% + 1.5%, or 6.66000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-06-27): Client elects to waive |  |  | 06/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26091593 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $940.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-06-22): Sufficient Cure Provided At Closing |  | 06/22/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26150618 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Per appraisal, property location is rural, which is not allowed per guidelines. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-06-27): Waived with compensating factors per investor exception request report in file. |  |  | 06/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | 26150726 | xxxxxx | xxxxxx | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # Months of Bank Statements required. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Bank Statements / Start date: xxxxxx | The guidelines require 12 full months of consecutive bank statements. The file contains bank statements for xxxxxx 21 and xxxxxx 21 through xxxxxx 22. The file is missing the bank statement for xxxxxx 21. |  |  | Reviewer Comment (2022-06-30): Received the xxxxxx statement completing a full 12 months of bank statements | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26084793 | xxxxxx | xxxxxx | 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. |  | Preliminary Title does not show coverage amount. Final TPOL is missing from loan file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-06-27): Client elects to waive | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26089950 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 23,056.68 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-06-27): Client elects to waive |  |  | 06/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26089995 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. |  | The appraisal report reflects HOA as $0; however, the final 1008 reflects $119 per month. The file is missing evidence of the HOA dues. If property is subject to HOA dues, an updated appraisal is required to reflect this. |  |  | Reviewer Comment (2022-07-04): Received evidence from title not a PUD and no HOA dues on property. | 07/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26090009 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-28): The final title policy was provided. | 08/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26095695 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.77 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2022-06-30): PC-CD supported by Final SS, verified cash to close requirements. Borrower now meets the 6 month reserve requirement.<br>Reviewer Comment (2022-06-29): Since the PCCD is lender generated, we would need a Final (Title Certified) Settlement Statement to verify final figures. | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | 26148121 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-08): A UW Cert was provided reflecting all red flags were addressed<br>Reviewer Comment (2022-07-06): All red flags were not addressed on LOE. The SSN, APN, Income and properties high risks were not addressed. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771579 | xxxxxx | 26149841 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The gift letter does not contain the date the funds were (or will be) transferred as required per guidelines. |  |  | Reviewer Comment (2022-07-10): Updated gift letter and receipt provided | 07/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771579 | xxxxxx | 26149844 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Asset Issue: Gift funds are missing evidence of receipt |  | Provide evidence of receipt of the $160,000 gift funds. |  |  | Reviewer Comment (2022-07-10): Updated gift letter and receipt provided | 07/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771579 | xxxxxx | 26149895 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI mailing address for the borrower is the same as the subject property. |  |  | Reviewer Comment (2022-07-07): Updated HOI provided | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771974 | xxxxxx | 26091322 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: xxxxxx | The borrower is a First Time Homebuyer which is not allowed for the DSCR Program. A lender exception was requested. The exception must be approved by the investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-07-07): The client elects to waive. |  |  | 07/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771974 | xxxxxx | 26092135 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | A lender exception was requested for a non-warrantable condo. The exception must be approved by the investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-07-07): The client elects to waive with comp factors. |  |  | 07/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771974 | xxxxxx | 26130670 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-07-13): The client elects to waive with comp factors.<br>Reviewer Comment (2022-07-12): Investor must approve exception<br>Reviewer Comment (2022-06-30): The condo questionnaire provided, however number of units OO and Investor are marked as xxxxxx in several places, but noted that 318 units are sold. Per xxxxxx Guidelines 5.4.9.1, 90% of the total units in the project must be sold and conveyed to the unit owners.<br> • 40% of the total units in the project must be owner occupied. |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773000 | xxxxxx | 26156300 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-06-30): Received adjusted FraudGuard | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773000 | xxxxxx | 26156301 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxxx xxxxxxx xxxxxx, xxxxxxx, xxxxxxx, Address: xxxxxx xxxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement, Tax Verification<br> Other | Final 1003 reflects borrower's primary residence was refinanced with same Seller. Missing evidence of new PITIA payment. Also, missing evidence REO on xxxxxx is owned free & clear. |  |  | Reviewer Comment (2022-06-30): Primary; received Note, FPL, CD to validate terms. xxxxxx; received Property Details Report showing no liens | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773002 | xxxxxx | 26095176 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-06-28): Client elects to waive |  |  | 06/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773002 | xxxxxx | 26157193 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement, Tax Verification<br> Other | Per the final 1003, the REO on xxxxxx was refinanced at the same time as the subject property. Loan file is missing evidence of the new PITIA payment. Further, loan file is missing evidence the REO on xxxxxx is owned free and clear. |  |  | Reviewer Comment (2022-06-30): Primary; received CD, Note, FPL to validate terms. xxxxxx; received Property Details Report showing no liens. | 06/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771555 | xxxxxx | 26098052 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.85828% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.85828%). |  |  |  | Reviewer Comment (2022-06-28): Client elects to waive |  |  | 06/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771313 | xxxxxx | 26097651 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 65.26316% exceeds Guideline loan to value percentage of 60.00000%. | Market rent of $3,200 has to be utilized in DSCR calculation as 2 months receipt of rent from lease not provided. This results is an DSCR of .99 and does not qualify as per guideline matrix, a cash-out refinance with credit score of 629 would limit the max LTV to 60% | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-26): Client elects to waive with verified compensation factors |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771313 | xxxxxx | 26097674 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided |  | Required per guidelines/missing from file | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-26): Client elects to waive with verified compensation factors |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771313 | xxxxxx | 26151951 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-21): Client elects to waive with verified compensaton factors<br>Reviewer Comment (2022-08-08): The policy provided is dated post closing and not acceptable. |  |  | 09/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771313 | xxxxxx | 26151953 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  |  |  |  | Reviewer Comment (2022-09-19): HOI received with the correct address and Dwelling. Exception Cleared.<br>Reviewer Comment (2022-09-14): New HOI does not reflect the Subject property address also, we Still have a shortfall for $784.00 with the new HOI dwelling xxxxxx . Exception Remains<br>Reviewer Comment (2022-08-08): The HOI provided does not reflect a location/description/property information. Currently appears policy is for property on xxxxxx as that is the only address listed. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771313 | xxxxxx | 26152085 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOM was not provided for the subject property. |  |  | Reviewer Comment (2022-09-20): Payment history for the subject property was provided.<br>Reviewer Comment (2022-09-14): Received credit supplement. However, need VOM to verify the mortgage on the subject property. Exception remains.<br>Reviewer Comment (2022-08-08): The VOM provided is not for the subject property. Subject property is on xxxxxx. VOM provided is for xxxxxx. Provide the 12 month mortgage history for the subject property. Property acquired on xxxxxx<br>Reviewer Comment (2022-07-28): A full 12 month history is required, as the property was acquired in xxxxxx. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771069 | xxxxxx | 26098864 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The PPP term date on the PPP rider is xxxxxx (< 1 month after closing and prior to 1st payment date). Please provide the executed and updated PPP rider, LOE to borrower, and evidence of delivery to the borrower. |  |  | Reviewer Comment (2022-07-21): Cleared | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771069 | xxxxxx | 26099250 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided |  | The borrower's Cash Out Purpose LOE was not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-26): Client elects to waive with verified compensation factors |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771069 | xxxxxx | 26153597 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Projects involved in litigation are acceptable provided the lawsuit(s) are not structural in nature which impact the subject unit and do not affect the marketability of the project units and potential damages do not exceed 25% of HOA reserves or documentation from the insurance carrier or attorney representing the insurance carrier that the insurance carrier has agreed to conduct defense and the HOA insurance policy is sufficient to cover the litigation expense. Per the notes in file, this pertains to a unit fire with injuries. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-29): Client elects to waive with verified compensation factors |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771069 | xxxxxx | 26153679 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, theZERO, use current appraised value. If the current appraised value is > 20% above the purchase price, the appraiser must document the improvements in detail. If unable to document then a 2nd appraisal will be required. Current appraised value is > 20% above the previous purchase price. Cannot be Delayed Financing as transaction was a sale between family members per appraiser. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-29): Client elects to waive with verified compensation factors |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771069 | xxxxxx | 26153837 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Note + Riders/DOT + Riders reflect the zip code as xxxxxx vs. all legal documents (and the USPS.com) which reflect the zip code as xxxxxx. Provide all the documents with the correct zip code (Note must reflect Corrected at the top), LOE to borrower, evidence of delivery to the borrower and Lender's letter of intent to re-record. |  |  | Reviewer Comment (2022-07-21): Cleared | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771138 | xxxxxx | 26117023 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. Missing Gap credit report. |  |  | Reviewer Comment (2022-07-01): Received | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771138 | xxxxxx | 26117208 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 668 is less than Guideline representative FICO score of 680. | The borrower is a first time homebuyer with a fico score of 668. The minimum fico score for a FTHB is 680; however, there is a lender exception provided. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI less than or equal to 36%, which is below guideline maximum. | Reviewer Comment (2022-06-29): Waived with compensating factors per investor exception request report in file. |  |  | 06/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771138 | xxxxxx | 26117284 | xxxxxx | xxxxxx | 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 $7,614.00 exceeds tolerance of $6,909.00. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points fees exceeds zero percent fee tolerance. |  |  | Reviewer Comment (2022-07-01): SitusAMC received valid COC & CD dated xxxxxx | 07/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773146 | xxxxxx | 26157422 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The List of Homeownership Counseling Organizations did not have a date of when the list was last updated so considered missing. |  |  | Reviewer Comment (2022-06-29): Client elects to waive |  |  | 06/29/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773146 | xxxxxx | 26157423 | xxxxxx | xxxxxx | 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 xxxxxx) | Initial Closing Disclosure was dated xxxxxx and the loan closed on xxxxxx . There is no proof of receipt for the CD dated xxxxxx . |  |  | g |  |  | 07/18/2022 | 3 C | xxxxxx | xxxxxx | Second Home | Purchase | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772729 | xxxxxx | 26116565 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Provide the executed loan application w/experience summary sheet. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The qualifying DSCR on the loan is greater than the guideline minimum. | Reviewer Comment (2022-07-13): Client elects to waive with comp factors<br>Reviewer Comment (2022-07-11): An investor exception will be required for the experience worksheet. |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26116618 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. |  | Per guideline Must provide coverage for xxxxxx (internal and external), and 6 months of rent loss |  |  | Reviewer Comment (2022-07-13): cleared<br>Reviewer Comment (2022-07-05): Will need agency LOE stating Additional living expenses is rent loss. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26118476 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | The Final Title Policy business name does not match the borrowing entity. |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26160400 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Executed Term Sheet not provided |  |  | Reviewer Comment (2022-07-05): Executed Term Sheet provided | 07/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26168596 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | C/O proceed reason is not completed. |  |  | Reviewer Comment (2022-07-21): Business Purpose Certificate was provided<br>Reviewer Comment (2022-07-06): Section 3 purpose and approx amount is still not completed.<br>Reviewer Comment (2022-07-05): Same document was provided that was in file. Per Item #4 if no part of the proceeds is being utilized for consumer purchases, NA or None must be reflected under purpose. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26168600 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-07-05): Updated HOI provided | 07/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772729 | xxxxxx | 26231000 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Updated HOI policy provided post review. Does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-07-21): A corrected HOI policy was provided.<br>Reviewer Comment (2022-07-06): The revised HOI now does not reflect the mortgage + ISAOA. | 07/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772516 | xxxxxx | 26115754 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-07): The final title was provided.<br>Reviewer Comment (2022-06-29): Client elects to waive | 07/07/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26118341 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-07-07): The final Title was provided. | 07/07/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26120659 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Other Includes Insurance Costs | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xxxxxx disclosed whether Homeowners insurance is included in escrow in incorrect section. Creditor disclosed insurance to consumer in "Other" section where regulation requires disclosure under "Homeowner's Insurance" section of Projected Payments table. Disclosure requirement met, non-material exception for incorrect format/placement. (Final xxxxxx) | Flood Insurance is included in the Escrow under Other on the Closing Disclosure. Taxes and Insurance are not Escrowed. |  |  | Reviewer Comment (2022-06-29): Client elects to waive |  |  | 06/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Good Faith Redisclosure D B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26120812 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | The Notice of Special Flood Hazard Disclosure was not provided within a reasonable time prior to closing. The Notice was provided on xxxxxx and the Closing Disclosure date was xxxxxx . |  |  | Reviewer Comment (2022-06-29): client elects to waive |  |  | 06/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26205822 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Deed signed at closing was to our borrower, as a married man as sole and separate property. Please provide inter-spousal deed reflecting spouse deeded to our borrower. |  |  | Reviewer Comment (2022-07-07): The final title policy was provided with the vesting matching the Deed.<br>Reviewer Comment (2022-07-05): Either the intraspousal deed signed at closing or final title will be required to clear this condition. The file only contains a preliminary commitment with no proposed vesting and a deed from the former owners to our borrower as married, sole and separate property. We need evidence that the non-borrowing spouse granted to our borrower as sole and separate property.<br>Reviewer Comment (2022-07-01): xxxxxx is a community property state. The intraspousal deed is required when borrower is married and taking title as sole and separate property. | 07/07/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26205860 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-08): A UW Cert stating all red flags were addressed was provided.<br>Reviewer Comment (2022-07-01): All high risk red flags are required to be addressed and/or cleared. This can be done by going to the link listed on the Fraud Report that says "To Clear Alerts" or an UW certification can be provided addressing the red flags regarding borrower's income and employment. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772516 | xxxxxx | 26205869 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The Acknowledgment of Appraisal Form signed at closing has both lines checked by the borrower, stating they did receive the appraisal and did not receive the appraisal. It cannot be determined which line is applicable. |  |  | Reviewer Comment (2022-06-29): Client elects to waive |  |  | 06/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | 26120746 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.23905% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .23905%). |  |  |  | Reviewer Comment (2022-06-30): Client elects to waive |  |  | 06/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | 26120749 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Point fees increased from $6,433 to $9,825.63 on xxxxxx without a valid change of circumstance or evidence of cure being applied. |  |  | Reviewer Comment (2022-07-06): SitusAMC received COC dated xxxxxx . | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | 26147758 | xxxxxx | xxxxxx | 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 listed on the Hazard Insurance Policy was not updated with the current lender, listed on the Note (Still lists previous mortgagee) |  |  | Reviewer Comment (2022-07-05): Updated policy provided | 07/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | 26147761 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx | The loan file did not include a complete copy of the actual Loansafe Manager report with alerts. |  |  | Reviewer Comment (2022-07-05): Fraud Report provided | 07/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | 26212118 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | A document was provided with a link to the list; however, the actual dated list, reflecting at least 10 agencies, is required. |  |  | Reviewer Comment (2022-06-30): Client elects to waive |  |  | 06/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773273 | xxxxxx | 26150591 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  |  |  |  | Reviewer Comment (2022-07-07): HOI provided. See additional conditions. | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773273 | xxxxxx | 26150651 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property. |  | Per 1004, the property is tenant occupied. The loan purpose is a cash out refinance. Per guidelines, xxxxxx Form 1007 AND existing lease if the appraisal reflects that the property is tenant occupied. Missing copy of lease for subject property |  |  | Reviewer Comment (2022-07-07): Lease Agreement provided | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773273 | xxxxxx | 26214029 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the VOM for xxxxxx. The property profile report for xxxxxx reflects a mortgage. There was no documentation to support xxxxxx is Free and Clear. |  |  | Reviewer Comment (2022-07-25): History on credit report for xxxxxx verified by data verify.<br>Reviewer Comment (2022-07-14): xxxxxx is listed as the primary residence for xxxxxx on the Final 1003, therefore VOM is required. Agree regarding xxxxxx which is the primary for xxxxxx - property profile report close date xxxxxx, First payment due xxxxxx - within 90 days of the Note (age of credit docs, nothing specific to VOMs). | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773273 | xxxxxx | 26214052 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Provide the Fraud Report for xxxxxx. |  |  | Reviewer Comment (2022-07-21): Cleared<br>Reviewer Comment (2022-07-15): The fraud report was uploaded for xxxxxx which was in file at time of review. We need the Dataverify drive report for xxxxxx per the original condition.<br>Reviewer Comment (2022-07-13): guidelines require a data verify drive report. what has been provided is not acceptable.<br>Reviewer Comment (2022-07-07): The document provided is not acceptable. Per the guidelines, lender will pull a fraud report, DataVerify drive report on all loans and is responsible for clearing findings. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773273 | xxxxxx | 26245022 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | Reflects a different lender |  |  | Reviewer Comment (2022-07-12): Updated HOI provided | 07/12/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773273 | xxxxxx | 26245023 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Provide the RCE. |  |  | Reviewer Comment (2022-07-12): No requirements. New policy covers loan amount. | 07/12/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772384 | xxxxxx | 26156496 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-30): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772384 | xxxxxx | 26157715 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772384 | xxxxxx | 26157741 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-06): LOE with clearances provided | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772384 | xxxxxx | 26157778 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 70.00000%. | The guidelines allow for a maximum LTV of 70% when the loan amount is between $2,000,001 and $3,000,000. The loan closed with a loan amount of xxxxxx and an LTV of 80%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-06): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-06): The investor did not provide us with these guidelines. We need to utilize the guidelines the investor provided to us. Investor exception required. |  |  | 07/06/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | 26156520 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): The final title policy was provided.<br>Reviewer Comment (2022-07-01): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | 26158339 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): The final title policy was provided. | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | 26158363 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: Closing Disclosure is incomplete |  | The Final Closing Disclosure, section H, reflects the Borrower was charged Rent Transfer and Security Deposit for the property and paid by the borrower causing the discrepancy. |  |  | Reviewer Comment (2022-07-08): Corrected CD with LOE was provided.<br>Reviewer Comment (2022-07-07): The PCCD still reflected in section H that the borrower was charged the rent transfer and security deposit. This should be a credit to the borrower, not a charge. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | 26158596 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-07-01): Client elects to waive |  |  | 07/01/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | 26220791 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per guidelines, a 12 month housing history is required. Loan file contains VOR for borrower's primary residence; however, it only covers the most recent 10 months. Please provide evidence of borrower's previous housing history to complete the required 12 month housing history. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-13): The client elects to waive with comp factors.<br>Reviewer Comment (2022-07-08): The credit report provided does not disclose the previous rental payment of $2,000 for the borrower's primary residence. Please provide the VOR for that property to make up the 2 months.<br>Reviewer Comment (2022-07-07): Per guidelines, all loans must have no more than 1x30x12. FTHB must provide canceled checks or VOR. |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | 26156499 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-06-30): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | 26158932 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | 26215936 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-07): All red flags have been addressed.<br>Reviewer Comment (2022-07-05): All red flags were not addressed on LOE: Need for low probability borrower will occupy property, APN input, sam. gov searches not provided | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 767478 | xxxxxx | 26199737 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Statement | The file is missing evidence of PITIA for the property located on xxxxxx. |  |  | Reviewer Comment (2022-07-08): An updated 1003 removing that property and denial letter for that property was provided. | 07/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772176 | xxxxxx | 26158019 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Credit report not provided for either Guarantor. |  |  | Reviewer Comment (2022-07-05): Received | 07/05/2022 |  |  | 1 D A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26158020 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Application not provided with experience worksheet. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Borrower's Experience/Track Record. The borrower has 3 Years of Experience. Currently holds 4 Properties. | Reviewer Comment (2022-07-21): Lender granted exception approval in comments.<br>Reviewer Comment (2022-07-05): Reviewed documents received and application with experience worksheet was not provided. Please try resending. |  |  | 07/21/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26158065 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: xxxxxx | Not provided for the second Guarantor. |  |  | Reviewer Comment (2022-07-05): Received | 07/05/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26158089 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | Proposed title policy insured amount is less than proposed loan amount. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Borrower's Experience/Track Record. The borrower has 3 Years of Experience. Currently holds 4 Properties. | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26158099 | xxxxxx | xxxxxx | Credit | Business Purpose | General | Business Purpose | Verification of Borrower's identity is missing. | Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-05): Received | 07/05/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26158630 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of is less than Guideline representative FICO score of 660. | The minimum FICO required is 660. The Credit Report is missing for both Guarantors. |  |  | Reviewer Comment (2022-07-05): Received credit reports | 07/05/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26169303 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Executed Term Sheet not provided |  |  | Reviewer Comment (2022-07-06): Executed Term Sheet provided<br>Reviewer Comment (2022-07-05): Reviewed documents received and executed term sheet was not provided. Please try resending. | 07/06/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26169325 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided |  | Background report not provided for xxxxxx. |  |  | Reviewer Comment (2022-07-05): Received | 07/05/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772176 | xxxxxx | 26169336 | xxxxxx | xxxxxx | Credit | Document Error | General | Document Error | Loan is cross collateralized and release provisions = No | Address: xxxxxxx xxxxxx xxxxxx, xxxxxxx, xxxxxx xxxxxx, Address: xxxxxxx xxxxxx xxxxxx, xxxxxxx, xxxxxx xxxxxx,, Address: xxxxxxx xxxxxx xxxxxx, xxxxxxx, xxxxxx xxxxxx, , Address: xxxxxxx xxxxxx xxxxxx, xxxxxxx, xxxxxx xxxxxx, |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's Experience/Track Record | Borrower's Experience/Track Record. The borrower has 3 Years of Experience. Currently holds 4 Properties. | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 A | xxxxxx |  | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773050 | xxxxxx | 26170796 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | The guidelines require the employment section on the 1003 to be completed with a minimum of 2 years self-employment history. The 1003 in the file indicates the employment section does not apply and does not provide the required 2 year employment history. |  |  | Reviewer Comment (2022-07-06): Received | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773050 | xxxxxx | 26191532 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 32.98055% exceeds Guideline total debt ratio of 50.00000%. | The guidelines allow for a maximum DTI of 50%. The verified DTI is 59.36%. It appears that the Lender did not include the borrower's primary residence, and incorrectly calculated the negative cash flow on the subject as $457.16, in the DTI of 19.936% that is reflected on the 1008. |  |  | Reviewer Comment (2022-09-01): The client elects to use the post-close expense letter with a factor of 10%. The DTI is now 32.98055%. The 10% factor is more in line with the occupation of a xxxxxx.<br>Reviewer Comment (2022-09-01): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 59.36494% exceeds Guideline total debt ratio of 50.00000%.<br>Reviewer Comment (2022-08-22): The letter provided is dated xxxxxx post-close<br>Reviewer Comment (2022-08-18): The EA letter provided is dated almost 2 months post closing and cannot be utilized.<br>Reviewer Comment (2022-08-18): Income calculated as per Lenders 1008, in addition, a standard 50% expense factor will be applied to the total of eligible deposits from the co-mingled and business bank statements to determine qualifying income.. Issue is the REO calculations used. Lenders negative cashflow of $457.16 vs actual $1092.16. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773050 | xxxxxx | 26191647 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $66,730.25 is less than Cash From Borrower $124,809.06. | The bank statements provided does not contain the required transaction history for the savings account to determine if there are large deposits, the statement only provides the balance. |  |  | Reviewer Comment (2022-07-06): Received VOD | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773050 | xxxxxx | 26191650 | xxxxxx | xxxxxx | 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 3.00. | The bank statements provided does not contain the required transaction history for the savings account to determine if there are large deposits, the statement only provides the balance. |  |  | Reviewer Comment (2022-07-06): Received VOD | 07/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773050 | xxxxxx | 26195984 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower's mailing address on the hazard insurance policy is the same as the subject property (investment property) A letter of explanation, and applicable corrections will need to be provided. |  |  | Reviewer Comment (2022-07-29): Received | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26191815 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26192933 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-04): Client elects to waive |  |  | 07/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26224842 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per the property history report provided for the primary residence, a line of credit was obtained in 2/022, in which the borrower is listed as a buyer/borrower. Please provide VOM for this line of credit. |  |  | Reviewer Comment (2022-07-26): Received credit supplement showing individual account.<br>Reviewer Comment (2022-07-20): The mortgage statement cannot be used to clear this. Please provide actual Note for the line of credit to determine borrower is not obligated.<br>Reviewer Comment (2022-07-15): Provide the actual Note for the credit line as this is the binding agreement on who is required to pay.<br>Reviewer Comment (2022-07-07): VOM was not found | 07/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26224845 | xxxxxx | xxxxxx | 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. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-07-04): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26224846 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines for the P&L only program require the CPA to attest that they have prepared the borrower's most recent tax return. The CPA letter provided indicates the borrower has filed their tax returns for the prior 5 years, not the CPA/tax preparer. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-22): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-20): The CPA letter provided is dated post-consummation date. All income documents must be dated prior tot he consummation date. |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | 26224847 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address:xxxxxx xxxxxxx xxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement | Per the property history report provided for the primary residence, a line of credit was obtained in 2/2022, in which the borrower is listed as a buyer/borrower. Please provide statement and proof of HOI for this property. |  |  | Reviewer Comment (2022-07-26): Received credit supplement showing individual account, not in our borrower's name.<br>Reviewer Comment (2022-07-20): The mortgage statement does not clear this condition. A copy of the Note will need to be provided to show borrower is not responsible for this property. | 07/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773428 | xxxxxx | 26159692 | xxxxxx | xxxxxx | 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%. | Per guidelines, the maximum LTV for a short-term rental is 75%. The loan file includes a lender approved exception to allow for 80% while utilizing STR income for DSCR calcs, however investor approval is still required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-11): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-10): Exceptions must be approved by the investor<br>Reviewer Comment (2022-07-07): Exceptions must be approved by the investor |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773428 | xxxxxx | 26164551 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Mailing address on the Hazard Insurance Policy is the same as the subject(investment property). |  |  | Reviewer Comment (2022-07-13): Corrected HOI provided<br>Reviewer Comment (2022-07-12): The exception provided does not cover this exception | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773428 | xxxxxx | 26225613 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Security Instrument Error: Security instrument maturity date and note maturity date do not concur. |  | The Note reflects a Maturity date of xxxxxx vs. the DOT which reflects xxxxxx . | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-19): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-17): Received LOE, corrected mortgage and LOI. Pending receipt of evidence of delivery to the borrower.<br>Reviewer Comment (2022-07-29): Please see comments from 7/15: If the DOT is incorrect, the LOI alone will not suffice. In addition to the LOI, we need the corrected DOT, LOE to borrower, and evidence of delivery to the borrower.<br>Reviewer Comment (2022-07-15): If the DOT is incorrect, the LOI alone will not suffice. In addition to the LOI, we need the corrected DOT, LOE to borrower, and evidence of delivery to the borrower. |  |  | 08/19/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 770531 | xxxxxx | 26277806 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | No Change of Circumstance found in the loan file reflecting a valid reason or reasons for the fee increase. |  |  | Reviewer Comment (2022-07-25): SitusAMC received a valid COC on xxxxxx for the Loan discount point added due to Rate lock updated. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770531 | xxxxxx | 26277812 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | Missing Itemization of Amount Financed. Calculated Finance Charge reflects the Finance Charge on the CD is under disclosed by $615.00. |  |  | Reviewer Comment (2022-07-29): SitusAMC received Letter of Explanation, Copy of cure refund, proof of mailing & Corrected Closing Disclosure. |  | 07/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770531 | xxxxxx | 26277829 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Missing Rate Lock. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770531 | xxxxxx | 26277831 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing the List of Homeownership Counseling Organizations. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770531 | xxxxxx | 26303950 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines for the CPA/P&L program require the CPA/EA to attest they have prepared the borrower's most recent tax return. CPA letter provided states they have reviewed the two most recent tax returns, which does not meet guideline requirements. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reviewer Comment (2022-07-22): The client elects to waive with comp factors.<br>Reviewer Comment (2022-07-20): All exception waivers must come from the investor. |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770531 | xxxxxx | 26303954 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. |  |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | 26201987 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-15): Cleared<br>Reviewer Comment (2022-07-14): Guidelines require a DataVerify DRIVE Report, on all loans.<br>Reviewer Comment (2022-07-11): Guidelines require a DataVerify DRIVE Report, on all loans. | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | 26202713 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.08514% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.08514%). |  |  |  | Reviewer Comment (2022-07-06): client elects to waive |  |  | 07/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | 26235273 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-06): client elects to waive |  |  | 07/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | 26296503 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | Red flags on teh credit report have not been addressed. |  |  | Reviewer Comment (2022-07-19): Evidence the red flags were addressed was provided. | 07/19/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26202957 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-07-11): Received | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26202975 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-07-18): The approval was provided. | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26203024 | xxxxxx | xxxxxx | 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. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-07-06): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26203043 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-18): Received | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26203070 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxxx xxxxxxx xxxxxxx, xxxxxxx, xxxxxx Insurance Verification, Other | Insurance verification and proof REO on xxxxxx is owned free and clear were not provided. Per the property history report, a mortgage was obtained on this property in xxxxxx and no release of lien is noted. |  |  | Reviewer Comment (2022-07-18): A mortgage statement for the REO was provided. | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26203085 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-09-09): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26203097 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.70 is less than Guideline PITIA months reserves of 6.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-02): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-01): Investor will re-review upon receipt of gift letters per previous comments |  |  | 08/02/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26212495 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list was updated within the last 30 days. |  |  | Reviewer Comment (2022-07-06): Client elects to waive |  |  | 07/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26234479 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to gift funds received post-consummation date. Compliance testing is based on consummation date, not funding date. |  |  | Reviewer Comment (2022-08-02): A pre-close gift letter was provided.<br>Reviewer Comment (2022-08-01): Investor to advise if they are accepting the gift letter as-is. The date was changed on the same gift letter that was executed that was provided at time of review. | 08/02/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26234481 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | Gift funds were received xxxxxx and xxxxxx , which is after the consummation date of xxxxxx . Compliance testing is based on consummation date, not funding date. |  |  | Reviewer Comment (2022-08-02): A pre-close gift letter was provided.<br>Reviewer Comment (2022-08-01): Investor to advise if they are accepting the gift letter as-is. The date was changed on the same gift letter that was executed that was provided at time of review. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26234482 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to gift funds received post-consummation date. Compliance testing is based on consummation date, not funding date. |  |  | Reviewer Comment (2022-08-02): A pre-close gift letter was provided. | 08/02/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26302263 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 55.24172% exceeds Guideline total debt ratio of 50.00000%. | A mortgage statement for the REO property was provided as the property was reflected as free and clear on the application. No evidence of rental income to offset the mortgage. |  |  | Reviewer Comment (2022-07-28): Received Note reflecting spouse is solely responsible for REO on xxxxxx.<br>Reviewer Comment (2022-07-28): No additional documents were received on this file. Please try reuploading Note.<br>Reviewer Comment (2022-07-21): Per the Transaction History Report, a new mortgage with xxxxxx Lending was obtained on this property on xxxxxx and both persons are reflected as Buyer/Borrower. Please provide the Note reflecting only the other person is liable for the mortgage debt. | 07/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26302317 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | DTI is now over the guideline maximum |  |  | Reviewer Comment (2022-07-28): Received Note reflecting spouse is solely responsible for REO on xxxxxx.<br>Reviewer Comment (2022-07-28): No additional documents were received on this file. Please try reuploading Note.<br>Reviewer Comment (2022-07-21): Per the Transaction History Report, a new mortgage with xxxxxx Lending was obtained on this property on xxxxxx and both persons are reflected as Buyer/Borrower. Please provide the Note reflecting only the other person is liable for the mortgage debt. | 07/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | 26302318 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 55.24172% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | A mortgage statement for the REO property was provided as the property was reflected as free and clear on the application. No evidence of rental income to offset the mortgage. |  |  | Reviewer Comment (2022-07-28): Received Note reflecting spouse is solely responsible for REO on xxxxxx.<br>Reviewer Comment (2022-07-28): No additional documents were received on this file. Please try reuploading Note.<br>Reviewer Comment (2022-07-21): Per the Transaction History Report, a new mortgage with xxxxxx Lending was obtained on this property on xxxxxx and both persons are reflected as Buyer/Borrower. Please provide the Note reflecting only the other person is liable for the mortgage debt. | 07/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771873 | xxxxxx | 26199835 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Interest Only not provided |  | The payment on Note is an I/O payment, however there is no I/O verbiage or I/O addendum in the file. |  |  | Reviewer Comment (2022-07-21): Corrected document provided<br>Reviewer Comment (2022-07-18): The revised Note needs to reflect "Corrected" at the top and must be executed. Further, an LOE to the borrower will also be required. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26199856 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26199883 | xxxxxx | xxxxxx | 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. |  | Per review of the preliminary title, the coverage amount is not provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-07-06): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26201161 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower mailing address on the Hazard Insurance Policy is the same as the subject property (investment). | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-19): The client elects to waive with comp factors.<br>Reviewer Comment (2022-07-15): Provided HOI still shows the subject address as the borrowers.<br>Reviewer Comment (2022-07-14): The document provided is post closing. Provide the corrected preclose HOI. |  |  | 07/19/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26201200 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | Top sections of the provided Business Purpose Certificate were not completed - please provide a completed document |  |  | Reviewer Comment (2022-07-11): Updated cert provided | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26232117 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | If the cash-out seasoning is less than 12 months, but greater than 6 months, the transaction property value is limited to the lower of the current appraised value or the property's purchase price plus documented improvements. Lender utilized appraised value. |  |  | Reviewer Comment (2022-07-25): Documented improvements provided which total $71,765. This plus the purchase price is higher than the appraised value. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771873 | xxxxxx | 26232181 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-13): Cleared Fraud Report was provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771157 | xxxxxx | 26201602 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower mailing address on the Hazard Insurance Policy is the same as the subject property (investment). |  |  | Reviewer Comment (2022-07-13): Cleared. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771157 | xxxxxx | 26232312 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | The appraisal reflects property is Tenant Occupied, however 1007 does not reflect the Lease information. |  |  | Reviewer Comment (2022-09-06): New Appraisal received reflecting Property is Vacant. Exception Cleared. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773368 | xxxxxx | 26202086 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan file includes a lender approved exception to allow condo association reserves under the required 10% (7.29%) Investor approval is still required | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-11): Investor must approve all exceptions. |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773407 | xxxxxx | 26205101 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx |  |  |  | Reviewer Comment (2022-07-11): VVOE was provided. | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773044 | xxxxxx | 26204693 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Loan file did not include an application as required per guidelines |  |  | Reviewer Comment (2022-07-21): provided<br>Reviewer Comment (2022-07-07): The background and credit authorization card authorization part of the application is blank. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26204845 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-07-07): Lease Agreement provided. | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237484 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | Per xxxxxx matrix, minimum loan amount is $150,000 | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-07-21): Comp factors used to waive exception<br>Reviewer Comment (2022-07-13): Investor must approve exception<br>Reviewer Comment (2022-07-07): This loan is not cross collateralized, therefore the individual amount is only considered. Condition remains. Investor can elect to waive. |  |  | 07/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237495 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Loan was qualified with $1,079.16 annual hazard insurance. Hazard policy provided covers three properties with a total premium of $3,237.48. Need evidence of breakdown of premium and dwelling coverage applied to each property. |  |  | Reviewer Comment (2022-07-14): HOI premium and coverage are sufficient. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237499 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is an SFR Entity Property Rider in file, however the box is not checked on the DOT. Provide the corrected DOT, LOE to borrower, evidence of delivery to the borrower and lender's letter of intent to re-record. |  |  | Reviewer Comment (2022-07-25): xxxxxx report, LOE to borrower, evidence of delivery to the borrower and lender's letter of intent to re-record provided.<br>Reviewer Comment (2022-07-15): Yes, a xxxxxx affidavit is acceptable as long as it is specific to this condition but an LOE and evidence of delivery to the borrower will still also be required. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237500 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the Experience Worksheet. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-07-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-11): The investor will need to write an exception for this.<br>Reviewer Comment (2022-07-07): Per the guidelines, this is a required documents. Clarity comments ar not acceptable. Investor can elect to waive. |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237532 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | DSCR < 1.00, FICO of 660+, max LTV is 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-07-21): Comp factors used to waive exception<br>Reviewer Comment (2022-07-12): Investor consideration to waive<br>Reviewer Comment (2022-07-11): An exception will need to come from the investor. |  |  | 07/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773044 | xxxxxx | 26237537 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the full Operating Agreement. Amendment only in file. |  |  | Reviewer Comment (2022-07-07): Ops Agreement provided | 07/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26204864 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Purchase contract not provided in file. |  |  | Reviewer Comment (2022-07-13): The Purchase and Sale Agreement was provided. | 07/13/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26204930 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | Closing protection letter missing. |  |  | Reviewer Comment (2022-07-13): CPL was provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26204936 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Flood certificate not provided. |  |  | Reviewer Comment (2022-07-13): Flood Certificate was provided | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26204978 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-07-13): CDA received | 07/13/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26205126 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $193,836.15. | Asset documentation not provided |  |  | Reviewer Comment (2022-07-13): A bank statement and a 1031 Exchange were provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26205138 | xxxxxx | xxxxxx | 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 2.00. | Asset documentation not provided |  |  | Reviewer Comment (2022-07-13): A bank statement and a 1031 Exchange were provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26205144 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-07-13): The 1008 was provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 770985 | xxxxxx | 26234533 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-07-13): The fraud report was provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205121 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205122 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205141 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205142 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205168 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205201 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-20): Provided with updated closing date.<br>Reviewer Comment (2022-07-15): PC provided, however no addendums were. Provide the addendum ext the closing date past 6/6 and any other related addendums.<br>Reviewer Comment (2022-07-14): Purchase agreement not received. Please try resending. | 07/20/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205202 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided |  | Required document; not provided in file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205280 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval or 1008 required; not found in file |  |  | Reviewer Comment (2022-07-20): Provided<br>Reviewer Comment (2022-07-15): 1008 xxxxxx name or Approval with conditions was not received. Please try uploading again<br>Reviewer Comment (2022-07-14): 1008 received; however, it does not indicate the UW name. Please provide approval or 1008 reflecting UW name. | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205325 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Evidence of title is missing |  |  | Reviewer Comment (2022-07-15): Title provided<br>Reviewer Comment (2022-07-14): Document not received. Please send full title commitment or final title. | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205335 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $477,626.84. | Asset verification documentation is missing from file |  |  | Reviewer Comment (2022-07-14): REceived | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205341 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | Secondary valuation is missing |  |  | Reviewer Comment (2022-07-26): CU score of 1.0 provided<br>Reviewer Comment (2022-07-20): Missing the document to verify the score. | 07/26/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205344 | xxxxxx | xxxxxx | Credit | Business Purpose | General | Business Purpose | Verification of Borrower's identity is missing. | Borrower: xxxxxx | Missing verification of borrower's identity. |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205358 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal lists two unit numbers versus Note which lists one. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-11): A corrected appraisal was not found. |  |  | 08/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26205360 | xxxxxx | xxxxxx | 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 2.00. | Asset Verification Documentation is missing from file |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26235183 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOR and previous VOM for the borrower's primary residence for 12 months. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-28): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-07-20): Clarification of years covered for the VOR provided, since only months are provided the length of time for the VOR is unclear. Additionally, canceled checks required to verify the payment history on private VOR, which were not provided.<br>Reviewer Comment (2022-07-15): VOR provided is from a private party landlord and only goes to 6/2021. Loan closed 6/2022. Provide the cancelled checks for the private party VOR as well as provide the previous/current residence VOR/VOM. If from private landlord or non-institutional lender, cancelled checks will also be required.<br>Reviewer Comment (2022-07-14): VOR received is incomplete. Section 1 is blank. Part II - Verification of Rent is also incomplete as there are no years indicated. Further, if this is a private VOR, 6 months canceled checks are required. |  |  | 07/28/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26235340 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Appraisal reflects Tenant Occupied. If Leases are transferring, lease agreements will be required. (Purchase contract is missing). |  |  | Reviewer Comment (2022-07-28): A purchase contract was provided and the lease was not transferable. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26235407 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 670 is less than Guideline representative FICO score of 680. | Minimum for FTI. There is no evidence in file of experienced investor. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-29): Waived with compensating factors per investor exception request. |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772719 | xxxxxx | 26284975 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI policy provided reflects a coverage amount of $165,000 which is insufficient. If there is a blanket policy project, please provide. If there is no blanket policy, additional HOI coverage is required. |  |  | Reviewer Comment (2022-08-02): Master policy provide. HO6 coverage is sufficient. | 08/02/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771498 | xxxxxx | 26214319 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Lender/Client from the Appraisal is xxxxxx which is different from the Note Lender of xxxxxx. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26214415 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-07-12): The Final Title Policy was provided. | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26215150 | xxxxxx | xxxxxx | 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 xxxxxx) | The Closing Disclosure was not provided to the Borrower at least 3 Business days prior to closing. |  |  | Reviewer Comment (2022-07-13): SitusAMC received the initial CD. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26215207 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $565.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507) | Second Appraisal Fee exceeds tolerance without a Valid Changed of Circumstance. |  |  | Reviewer Comment (2022-07-29): SitusAMC received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check.<br>Reviewer Comment (2022-07-25): SitusAMC upon further review, received PCCD dated xxxxxx ; however, PCCD is in standard format. Please provide corrected PCCD in alternate format as Final CD is in alternate format.<br>Reviewer Comment (2022-07-22): SitusAMC Received PCCD along with cure documents for Cure in the amount of $600. The PCCD issue date is xxxxxx which is the same date as the closing date, which is not acceptable. PCCD has to be of the later issue date than the closing date. So please provide a PCCD with the issue date of xxxxxx or later. Secondly, the total cure required is for $600 and $35 cure was provided at closing. Remaining cure is for $565. If you are providing the addition cure for $600, then the PCCD should show $635 under Sec J which includes $35 cure that was given at closing. |  | 07/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26215208 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $4,760.00 exceeds tolerance of $4,725.00. Insufficient or no cure was provided to the borrower. (8304) | Transfer Tax exceeds tolerance without a Valid changed of Circumstance. |  |  | Reviewer Comment (2022-07-29): SitusAMC received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check.<br>Reviewer Comment (2022-07-25): SitusAMC upon further review, received PCCD dated xxxxxx ; however, PCCD is in standard format. Please provide corrected PCCD in alternate format as Final CD is in alternate format.<br>Reviewer Comment (2022-07-22): SitusAMC Received PCCD along with cure documents for Cure in the amount of $600. The PCCD issue date is xxxxxx which is the same date as the closing date, which is not acceptable. PCCD has to be of the later issue date than the closing date. So please provide a PCCD with the issue date of xxxxxx or later. Secondly, the total cure required is for $600 and $35 cure was provided at closing. Remaining cure is for $565. If you are providing the addition cure for $600, then the PCCD should show $635 under Sec J which includes $35 cure that was given at closing. |  | 07/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26215215 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points exceeds tolerance without a Valid Changed of Circumstance. |  |  | Reviewer Comment (2022-07-14): SitusAMC received valid COC with reason why the fee was added hence after review the exception was cleared. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26215254 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 80.00000% exceeds Guideline loan to value percentage of 75.00000%. | Maximum LTV for a cash out refinance on theG is 75%. Subject loan was approved at 80% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-13): Client elects to waive with verified compensation factors |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238549 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing evidence of property taxes for the subject property. |  |  | Reviewer Comment (2022-07-12): The Tax Cert was provided. | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238612 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Gap credit report dated no more than 10 days prior to Note date, or any time after, is required. The gap report provided is dated xxxxxx , which is 11 days prior to the Note date. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-13): Client elects to waive with verified compensation factors |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238873 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | Financial Institution: xxxxxx // Account Type: Individual Retirement Account (IRA) / Account Number: 4792 |  |  |  | Reviewer Comment (2022-07-14): Removed account | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238876 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx 4506-C (2020), 4506-C (2021) | Per the guidelines for standard documentation, a 4506-C is required and was not provided. |  |  | Reviewer Comment (2022-07-12): same unsigned 4506-C was provided. | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238883 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Charge-offs / Balance: 23937.00 |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238894 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment does not meet the guideline requirements. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Per the matrix for xxxxxx, a VVOE dated within 5 days of the Note date is required. TWN provided is not dated within 5 days of the Note date. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-19): The client elects to waive with comp factors. |  |  | 07/19/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238915 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Loan file contains the one page disclosure; however the list of 10 agencies was not provided. |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771498 | xxxxxx | 26238916 | xxxxxx | xxxxxx | 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 Mortgage Broker Fee. Fee Amount of $27,200.00 exceeds tolerance of $27,000.00. Insufficient or no cure was provided to the borrower. (73109) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-07-13): SitusAMC received VCC.<br>Reviewer Comment (2022-07-13): SitusAMC upon further review, Mortgage Broker Fee on Initial LE xxxxxx $27000 increased on LE dated xxxxxx $27200, there isn't any valid COC present in the loan file. COC dated xxxxxx it does not give sufficient information on why the fee increased. In order to determine if the COC is valid more information is necessary on reason fee increased and when lender became aware of the change. A valid COC or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | 26225604 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Policy states the coverage amount as $369,769.00. The Appraisal reflects the estimated cost new as $535,725.00. The coverage shortfall is $165,956.00. |  |  | Reviewer Comment (2022-07-14): An RCE was provided to reflect coverage amount is sufficient. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | 26225605 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-07-14): An updated HOI Policy with the correct mortgagee was provided. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | 26225783 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing the List of Homeowner Counseling Organizations. |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | 26225786 | xxxxxx | xxxxxx | 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 $225.00 exceeds tolerance of $200.00. Insufficient or no cure was provided to the borrower. (75103) | No Change of Circumstance found in the loan file reflecting a valid reason or reasons for the fee increase. |  |  | Reviewer Comment (2022-07-21): SitusAMC Received PCCD, LOE, Copy of check and delivery report for the cure provided.<br>Reviewer Comment (2022-07-15): SitusAMC received COC along with Appraisal invoice. However, the receipt of an invoice is not a valid COC to increased the Appraisal Re-Inspection fee, in order for a fee to be rebaselined. Please provide a valid COC with additional information for the fee increased on Final CD or Cure is required.<br>Reviewer Comment (2022-07-13): SitusAMC received COC dated xxxxxx , it does not give sufficient information on why the Appraisal Re-Inspection Fee increased. In order to determine if the COC is valid more information is necessary on reason fee increased and when lender became aware of the change. A valid COC or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 07/21/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | 26241182 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The VOR provided is from a private individual and canceled checks are required. Loan file is missing the canceled checks. Loan file contains investor exception request. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-07-07): Waived with compensating factors per investor request. |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26215881 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | Minimum loan amount is $150000 per guidelines. | Borrower has worked in the same position for more than 3 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 4 months or more. | Reviewer Comment (2022-07-11): Waived with compensating factors per investor request. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26215924 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $687.50 exceeds tolerance of $677.00. Insufficient or no cure was provided to the borrower. (8304) | Cure not provided. |  |  | Reviewer Comment (2022-07-19): Updated to cure<br>Reviewer Comment (2022-07-13): SitusAMC agreed that cure was provided at closing on PCCD dated xxxxxx . However, we also required Final SS to verify the refund amount applied to same on closing or provide LOE and refund check to cure the exception. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244469 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | Borrower has worked in the same position for more than 3 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 4 months or more. | Reviewer Comment (2022-07-11): Waived with compensating factors per investor request. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244497 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 62.31542% exceeds Guideline total debt ratio of 50.00000%. | Loan file contains Note and final CD for an additional REO purchased on xxxxxx that was not disclosed at on the final 1003 or included in the borrower's DTI. Including this new REO on xxxxxx, DTI exceeds guideline maximum of 50%. |  |  | Reviewer Comment (2022-07-19): Rental verification provided for new REO.<br>Reviewer Comment (2022-07-14): An updated 1003 does not clear this condition. The undisclosed REO on xxxxxx was added; however, no additional documents were received to address the new debt being added to the borrower's total monthly debt obligations. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244499 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $2,064.64 is less than AUS required disposable income of $2,500.00. |  | Borrower has worked in the same position for more than 3 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 4 months or more. | Reviewer Comment (2022-07-11): Waived with compensating factors per investor request. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244501 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-14): Received | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244514 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Due to DTI exceeding 50% |  |  | Reviewer Comment (2022-07-19): Rental income verification provided for new REO.<br>Reviewer Comment (2022-07-14): An updated 1003 does not clear this condition. The undisclosed REO on xxxxxx was added; however, no additional documents were received to address the new debt being added to the borrower's total monthly debt obligations. | 07/19/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244515 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Due to DTI exceeding 50% |  |  | Reviewer Comment (2022-07-19): Rental income verification provided for new REO.<br>Reviewer Comment (2022-07-14): An updated 1003 does not clear this condition. The undisclosed REO on xxxxxx was added; however, no additional documents were received to address the new debt being added to the borrower's total monthly debt obligations. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26244516 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 62.31542% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Loan file contains Note and final CD for an additional REO purchased on xxxxxx that was not disclosed at on the final 1003 or included in the borrower's DTI. Including this new REO on xxxxxx, DTI exceeds guideline maximum of 50%. |  |  | Reviewer Comment (2022-07-19): Rental income verification provided for new REO.<br>Reviewer Comment (2022-07-14): An updated 1003 does not clear this condition. The undisclosed REO on xxxxxx was added; however, no additional documents were received to address the new debt being added to the borrower's total monthly debt obligations. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | 26309614 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $687.50 exceeds tolerance of $677.00. Sufficient or excess cure was provided to the borrower. (8304) |  |  |  | Reviewer Comment (2022-07-19): Sufficient Cure Provided within 60 Days of Closing |  | 07/19/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773412 | xxxxxx | 26214546 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  | Guarantor agreement not provided. |  |  | Reviewer Comment (2022-09-19): Guarantor agreement received. Exception Cleared. | 09/19/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773412 | xxxxxx | 26215138 | xxxxxx | xxxxxx | 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 in file. Must be approved by the investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-25): The Operating Agreement does not clear this condition. Exceptions must be approved by the investor |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773412 | xxxxxx | 26243227 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Operating Agreement is not executed by the Owner. |  |  | Reviewer Comment (2022-07-25): Signed Ops Agreement provided | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771933 | xxxxxx | 26213942 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided |  | Guidelines require two credit reference letters; borrower can only produce 1. Lender Exception in file allowing only 1. Investor must approve exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-07-12): The client elects to waive with comp factors. |  |  | 07/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771933 | xxxxxx | 26214055 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | ACH information was not provided and borrower is Foreign National | Borrower: xxxxxx | Required per guidelines; not provided in file |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771936 | xxxxxx | 26244508 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided |  | Guidelines require two credit reference letters; borrower can only produce 1. Lender Exception in file allowing only 1. Investor must approve exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months | Reviewer Comment (2022-07-12): The client elects to waive with comp factors. |  |  | 07/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771936 | xxxxxx | 26244575 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | ACH information was not provided and borrower is Foreign National | Borrower: xxxxxx |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months | Reviewer Comment (2022-07-14): Comp factor used to waive exception |  |  | 07/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772441 | xxxxxx | 26215603 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided |  |  |  |  | Reviewer Comment (2022-07-26): Provided. | 07/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216019 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-11): The Fraud Report was provided. | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216191 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 8.21770% or Final Disclosure APR of 8.22900% is in excess of allowable threshold of Prime Mortgage Market Rate 5.23000 + 1.75%, or 6.98000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216192 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points zero percent fee tolerance in the amount of $705.00 |  |  | Reviewer Comment (2022-07-11): SitusAMC has received valid COC and missing CD. | 07/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216194 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $6,522.40 exceeds tolerance of $5,522.00. Insufficient or no cure was provided to the borrower. (8304) | Transfer tax exceeds zero percent fee tolerance in the amount of $1,000.40. |  |  | Reviewer Comment (2022-08-15): SitusAMC received Post CD,LOX,Copy of refund check and proof of mailing,<br>Reviewer Comment (2022-08-03): SitusAMC received PCCD, LOE, Copy of check & Shipping label. Tracking indicates the label has been created; however, it has not been picked up for shipping. Proof of mailing is required.<br>Reviewer Comment (2022-07-12): SitusAMC received COC dated xxxxxx with reason - Moved $1000 recording fee from E1 to E2. However we will require attestation confirming that the Recording fee on LE was $1425 and Transfer Tax was xxxxxx which was later bifurcated on the CD with recording fee $425 and moving $1000 to Transfer tax which increased to xxxxxx. Exception remains.<br>Reviewer Comment (2022-07-11): SitusAMC would require cure for the increase in transfer tax from xxxxxx on Initial LE to $6522 (shown as state tax/stamps) on CD dated xxxxxx without any valid change circumstance. COC available for xxxxxx reflects change in loan amount and transfer tax but the corresponding LE do not reflect any such changes and the increased amount was disclosed on CD dated xxxxxx which is 3 days after valid change occurred. Hence, cure for the amount of $1000 is still required. Provide a corrected CD, copy of the refund check, Proof of mailing, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  | 08/15/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216209 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.05899% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .05899%). | Points and Fees have an overage of xxxxxx |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216486 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per final 1003, borrowers have rented current residence for 10 months with a payment of $2,600, and rented their prior residence for 4 years, 8 month. Please provide VOR covering 12 month history, as borrowers are FTHB. Further, if VOR is from non-institutional lender, 12 months canceled checks are also required. |  |  | Reviewer Comment (2022-09-06): Received VOR for current primary address with 12 month housing history. Also received supporting bank statement reflecting the payments were done online. Document attached. Exception cleared.<br>Reviewer Comment (2022-07-11): The same VOR was provided for the 8 months. Please provide less than 4 months from their previous rental primary residence. A total of 12 months needs to be verified. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26216605 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) | New York Subprime Loan: Borrower's ability to repay not verified with reliable documentation. | Missing New York subprime ability to repay documentation. |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244654 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage is short $97,000.00. Please provide additional HOI coverage or an RCE. |  |  | Reviewer Comment (2022-07-14): An RCE was provided. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244717 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines for the P&L only program require the CPA to attest that they have prepared the borrower's most recent tax return. The CPA letter provided states the preparer has reviewed the borrower's taxes, not filed them. |  |  | Reviewer Comment (2022-07-13): CPA letter provided. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244718 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244722 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244723 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26244724 | xxxxxx | xxxxxx | 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 Title - Settlement / Closing / Escrow Fee. Fee Amount of $1,250.00 exceeds tolerance of $1,200.00. Insufficient or no cure was provided to the borrower. (7561) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-08-15): SitusAMC received Post CD,LOX,Copy of refund check and proof of mailing,<br>Reviewer Comment (2022-08-03): SitusAMC received PCCD, LOE, Copy of check & Shipping label. Tracking indicates the label has been created; however, it has not been picked up for shipping. Proof of mailing is required.<br>Reviewer Comment (2022-07-11): SitusAMC received Changed Circumstance dated xxxxxx but it does not give sufficient information on why the settlement fee was increased. In order to determine if the changed circumstance is valid more information is necessary justifying why the fee was increased and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 08/15/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26342287 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The flood insurance policy provided had a higher premium than what was used for qualifying. |  |  | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors. Condition no longer applies. | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26342288 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 47.17544% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The flood insurance policy provided had a higher premium than what was used for qualifying. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2x the amount required by guidelines | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-25): no additional documents were received. Please try resending exception request form. |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26342292 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. |  |  |  |  | Reviewer Comment (2022-09-01): Flood insurance policy received with coverage amount of $250000, Exception Cleared | 09/01/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772441 | xxxxxx | 26342315 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 47.17544% exceeds Guideline total debt ratio of 45.00000%. | The flood insurance policy provided had a higher premium than what was used for qualifying. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2x the amount required by guidelines | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-25): No additional documents received. Please try resending exception request form. |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | 26215812 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Loan file is missing a complete 12 month mortgage history for borrower's primary residence, as well as the additional REO owned. Please provide VOM for both properties reflecting 0x30x12 history. |  |  | Reviewer Comment (2022-08-18): Per 1003 borrower lived in xxxxxx property previously before current primary on Norris. Previous mtg history and current mtg history provided.<br>Reviewer Comment (2022-08-18): Waived in error.<br>Reviewer Comment (2022-08-11): 12 months of primary mortgage history was not found.<br>Reviewer Comment (2022-08-01): 12 month housing history is required.<br>Reviewer Comment (2022-07-11): Only 3 months of mortgage history was provided. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | 26216433 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.53275% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .53275%). |  |  |  | Reviewer Comment (2022-07-07): Client elects to waive |  |  | 07/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | 26244820 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxxx xxxxx, xxxxx, xxxxxx Lease Agreement | Rental income was used for the REO on xxxxxx; however, lease agreement is missing. Borrower's DTI without this income exceeds guideline maximum. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-17): Client elects to waive with Compensating Factors.<br>Reviewer Comment (2022-08-16): we are looking for the lease agreement. |  |  | 08/17/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771893 | xxxxxx | 26215199 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $11,930.83 is less than Cash From Borrower $159,560.12. |  | Borrower's Experience/Track Record | Experienced investor owns and manages 2 or more properties for 12 months | Reviewer Comment (2022-07-25): Client elects to waive with verified compensation factors |  |  | 07/25/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771893 | xxxxxx | 26215203 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | This file was missing a copy of the final title policy |  |  | Reviewer Comment (2022-07-21): The final title policy was provided. | 07/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771893 | xxxxxx | 26215217 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Vesting on Security Instrument is "married man" while Title Commitment shows "single man" |  |  | Reviewer Comment (2022-07-21): The final title policy was provided.<br>Reviewer Comment (2022-07-18): FTP was not provided, only commitment again.<br>Reviewer Comment (2022-07-14): Per prior seller comments, disregarding the deed sent in. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771893 | xxxxxx | 26215245 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  | Borrower's Experience/Track Record | Experienced investor owns and manages 2 or more properties for 12 months | Reviewer Comment (2022-07-25): Client elects to waive with verified compensation factors |  |  | 07/25/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771893 | xxxxxx | 26244668 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | Gift letter needs to be provided for the EMD. EMD came from a non-borrower account. Access letter has no bearing on this when borrower is not a joint holder of the account. |  |  | Reviewer Comment (2022-07-25): Received<br>Reviewer Comment (2022-07-18): Per the guidelines, the gift letter must specify the date of transfer. This cannot come from another document. Condition remains.<br>Reviewer Comment (2022-07-14): Per guidelines, the gift letter must specify the date the funds were transferred. The gift letter does not reflect this. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772374 | xxxxxx | 26218418 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-07-08): Client elects to waive | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772374 | xxxxxx | 26218680 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-07-13): Cleared | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772374 | xxxxxx | 26218726 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772374 | xxxxxx | 26218755 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Missing access letter from additional account owner on xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-11): Waived with compensating factors per investor request. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772374 | xxxxxx | 26245907 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-14): Cleared | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771662 | xxxxxx | 26247426 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The gift letters do not contain the date the funds were (or will be) transferred which is a guideline requirement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-07-14): The client elects to waive with comp factors.<br>Reviewer Comment (2022-07-11): The gift letter does not reflect the date the funds were transferred. The date the gift letter was signed is not this information. This is a guideline requirement. Investor can elect to waive. |  |  | 07/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771662 | xxxxxx | 26247647 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The mailing address on the HOI for the borrower is the same as the subject property. |  |  | Reviewer Comment (2022-07-14): Updated HOI provided | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772449 | xxxxxx | 26221023 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable xxxxxx title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) | The Loan has a Texas Home Equity Affidavit and Agreement signed and dated by the Borrowers. |  |  | Reviewer Comment (2022-07-08): Client elects to waive |  |  | 07/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772449 | xxxxxx | 26221024 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Evidence of Guaranty Surety) | Texas Constitution Section 50(a)(6): Texas Cash-out Loan. Evidence of Guaranty or Surety of a TX Home Equity loan in file. | The Loan has a Texas Home Equity Affidavit and Agreement signed and dated by the Borrowers. |  |  | Reviewer Comment (2022-07-13): The signed Letter provided covers this requirement. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Send the borrower a written acknowledgement that the lien is valid only against the subject property and cannot be collected against the Evidence of Guaranty Surety. C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772449 | xxxxxx | 26221039 | xxxxxx | xxxxxx | 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 $2,739.40 exceeds tolerance of $2,253.00 plus 10% or $2,478.30. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | Title Fees exceeds tolerance without a Valid Changed of Circumstance. |  |  | Reviewer Comment (2022-07-01): Sufficient Cure Provided At Closing |  | 07/01/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772449 | xxxxxx | 26250677 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $250,000.00. | Minimum loan amount under the Platinum program is $250,000. Subject loan was approved at a loan amount of xxxxxx | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-11): Waived with compensating factors per investor request. |  |  | 07/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772449 | xxxxxx | 26250686 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List provided; however, the list date is missing to determine that it is within 30 days of application date. |  |  | Reviewer Comment (2022-07-08): Client elects to waive |  |  | 07/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | 26220759 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Verification of non-citizen status not provided. |  |  | Reviewer Comment (2022-07-12): An active Permanent Resident Alien card was provided. | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | 26248837 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOR provided is from a private individual and 6 months canceled checks are required. Loan file is missing the 4/2022 rent payment to complete the required 6 month history. |  |  | Reviewer Comment (2022-07-13): Cleared<br>Reviewer Comment (2022-07-12): VOR provided is from a private individual and 6 months of canceled checks are required. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | 26249196 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-08): Client elects to waive |  |  | 07/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | 26249197 | xxxxxx | xxxxxx | 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 Transfer Tax. Fee Amount of $813.45 exceeds tolerance of $807.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-07-08): Sufficient Cure Provided At Closing |  | 07/08/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773405 | xxxxxx | 26220189 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Required document; not provided in file. |  |  | Reviewer Comment (2022-07-28): Operating agreement provided for xxxxxx | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773405 | xxxxxx | 26220194 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  | Required document; not provided in file. |  |  | Reviewer Comment (2022-07-28): Operating agreement provided for xxxxxx | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773405 | xxxxxx | 26250956 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Provide the Operating Agreement for xxxxxx (owns 100% of the Borrowing Entity). |  |  | Reviewer Comment (2022-07-28): Operating agreement provided for xxxxxx<br>Reviewer Comment (2022-07-25): The operating agreement indicates a xxxxxx is 100% interest in the business entity LLC of xxxxxx. What is missing is the operating agreement for xxxxxx to verify the members/guarantors on the subject loan are 100% owners of xxxxxx | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772370 | xxxxxx | 26225293 | xxxxxx | xxxxxx | 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 missing on the provided Title Preliminary Report | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-28): The final title policy was provided.<br>Reviewer Comment (2022-07-11): Client elects to waive | 08/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772370 | xxxxxx | 26228742 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-07-14): Cleared<br>Reviewer Comment (2022-07-13): Updated policy provided does not reflect its successors and assigns. Please provide corrected policy. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772370 | xxxxxx | 26228787 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $266,034.35 is less than Cash From Borrower $266,481.21. |  |  |  | Reviewer Comment (2022-07-13): Cleared<br>Reviewer Comment (2022-07-12): Please provide the final signed closing statement matching the fees on the PCCD. | 07/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772370 | xxxxxx | 26252277 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-12): UW Cert addressing the red flags was provided. | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26227810 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Verification of Rent for current residence of 4 months, with a payment of $3,113 per the final 1003. |  |  | Reviewer Comment (2022-07-20): Rental history payments were provided. | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26228486 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 6.41361% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or 1.41361%). |  |  |  | Reviewer Comment (2022-07-11): Client elects to waive |  |  | 07/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26252696 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage short $91,980.00. Please provide additional HOI coverage or RCE. |  |  | Reviewer Comment (2022-07-18): Received RCE | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26252782 | xxxxxx | xxxxxx | Credit | Asset | Asset Eligibility | Asset | Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines |  | 3.08% seller concessions > 3% maximum allowed per guidelines, for a non-owner occupied property. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-07-22): Client elects to waive with verified compensation factors |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26252966 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Subject is a 4 unit property and Note reflects xxxxxx; however, appraisal and CDA reflect xxxxxx. Please provide corrected appraisal and CDA. |  |  | Reviewer Comment (2022-07-15): The addresses are one and the same. | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26252974 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx-xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx,xxxxxx, Address: xxxxxx-xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx,xxxxxx Other<br> Other | Guidelines for rental income under the bank statement program require evidence of the 2 months most recent rent payments, which were not provided for either of the borrower's REO properties. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-07-27): Waived with compensating factors per investor request. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | 26252979 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Maximum LTV for an investment purchase on theVice program is 80%. Subject loan was approved at 85% LTV. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-07-22): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-20): The investor instructed us to use the 1/2022 matrix. |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773323 | xxxxxx | 26227193 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Missing hazard insurance - Hazard insurance is required. |  |  | Reviewer Comment (2022-07-20): HOI Policy was provided. | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773323 | xxxxxx | 26251824 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOM's are from non-institutional lenders for subject property. Provide 6 months cancelled checks. |  |  | Reviewer Comment (2022-08-30): Pay history and Cancelled check for 5 months was provided as loan originated on xxxxxx 21 only. | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773323 | xxxxxx | 26313732 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The mailing address on the HOI policy provided reflects the subject property and not the borrower's primary address. |  |  | Reviewer Comment (2022-07-28): Provided HOI with address' corrected | 07/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771477 | xxxxxx | 26251826 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-07-12): Approval provided | 07/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771477 | xxxxxx | 26251828 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Flood Insurance does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-07-27): Provided updated flood insurance reflecting Entity as insured | 07/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771477 | xxxxxx | 26251829 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Flood Insurance was not escrowed. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-04): The client elects to waive with comp factors. |  |  | 08/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771477 | xxxxxx | 26251830 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Exchange Agreement in file was not executed by all parties. |  |  | Reviewer Comment (2022-08-08): Executed agreement provided.<br>Reviewer Comment (2022-08-01): Please provide the fully executed 1031 Exchange Agreement.<br>Reviewer Comment (2022-07-27): Missing Final executed Closing/ALTA statement for xxxxxx | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26228927 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Provide the Loan Application. |  |  | Reviewer Comment (2022-07-14): Application provided | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26229236 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | There are several judgments noted on the title report. Need evidence that the judgments have been satisfied and/or that there are no liens on the title. The amounts on the Final HUD-1 are less than reflected on title. |  |  | Reviewer Comment (2022-07-14): Payoff for judgments on title provided. Paid off through closing. Doc ID's match docket numbers on payoff and HUD | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26229247 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Rider - Other not provided |  | Per security instrument, an "Entity Borrower Rider" is required. There is no evidence of the rider in file. |  |  | Reviewer Comment (2022-07-14): Rider provided | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254137 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Provide the deed transferring the property to the Borrowing Entity. |  |  | Reviewer Comment (2022-07-14): Deed provided | 07/14/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254142 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. |  | The CPL does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-07-14): Updated CPL provideed | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254171 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-07-14): Cert of good standing provided. However, not required on new formations per guidelines. Formed 2/2022. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254173 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  |  |  |  | Reviewer Comment (2022-07-14): NOO affidavit provided. On BP affidavit. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254192 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Experience Worksheet. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The qualifying DSCR on the loan is greater than the guideline minimum. | Reviewer Comment (2022-07-21): Comp factors used to waive exception<br>Reviewer Comment (2022-07-20): The seller is requesting an exception waiver. |  |  | 07/21/2022 | 2 C B D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254193 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Escrow Agreement. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The qualifying DSCR on the loan is greater than the guideline minimum. | Reviewer Comment (2022-07-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-20): The seller is requesting an exception waiver.<br>Reviewer Comment (2022-07-14): On the last pages of the guidelines, this is a required document. Does not state it is restricted to any one loan type. You can request the investor waive. this. |  |  | 07/29/2022 | 2 C B D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254195 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Wire Ticket to Settlement Agent |  |  | Reviewer Comment (2022-07-21): Cleared<br>Reviewer Comment (2022-07-14): The document provided is an internal created document. Guidelines require the Wire Ticket to the Settlement Agent. | 07/21/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773810 | xxxxxx | 26254218 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | Per xxxxxx matrix, minimum loan amount is $150,000 | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | The qualifying DSCR on the loan is greater than the guideline minimum. | Reviewer Comment (2022-07-21): Comp factors used to waive exception<br>Reviewer Comment (2022-07-20): The seller is requesting an exception waiver. |  |  | 07/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771454 | xxxxxx | 26286592 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-07-19): Client elects to waive. |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26286609 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | No Seller paid fees provided. |  |  | Reviewer Comment (2022-07-25): SitusAMC received Seller CD. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26286775 | xxxxxx | xxxxxx | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # Months of Bank Statements required. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Bank Statements / Start date: xxxxxx | Loan was submitted as a 24 month bank statement loan; however, only 19 months of bank statements provided. Statements dated 5/2020 through xxxxxx 20 are missing. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensation factors |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26287558 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $273,898.71 is less than Cash From Borrower $1,707,769.85. | Per final 1003, borrower had $2,029,959.03 in account 5230; however, total verified assets in file are $123,898.71. The EMD in the amount of $150,000 was transferred from a business account with no supporting documentation in the loan file as to who owns the business account and the source of the funds. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-29): EMD source was provide for $150K, however borrower is still short funds to close. There is no assets in file with a 1.9MIL deposit nor sourcing. Further, if funds are coming from a business account, evidence of ownership will also need to be provided.<br>Reviewer Comment (2022-08-29): Exception Explanation Updated from: Documented qualifying Assets for Closing of $123,898.71 is less than Cash From Borrower $1,707,769.85.<br>Reviewer Comment (2022-08-18): Asset documentation totaling $1,900,000.00 not provided.<br>Reviewer Comment (2022-08-15): Please provided assets document for the 1,900,000. |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26287570 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  |  |  | Reviewer Comment (2022-07-25): received | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26287595 | xxxxxx | xxxxxx | 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 12.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-29): EMD source was provide for $150K, however borrower is still short funds to close. There is no assets in file with a 1.9MIL deposit nor sourcing. Further, if funds are coming from a business account, evidence of ownership will also need to be provided. |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26309492 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Maximum LTV for subject loan amount is 70%. Loan was approved at 75% LTV. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensation factors |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26309507 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-07-19): Client elects to waive. |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771454 | xxxxxx | 26337597 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD | TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final xxxxxx) | Seller fees do not match borrower final CD. |  |  | Reviewer Comment (2022-08-31): Seller CD fees updated from Seller CD provided | 08/31/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773459 | xxxxxx | 26227480 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-08-01): cleared<br>Reviewer Comment (2022-07-26): Missing verification of when the LLC was formed, as verified by the Articles of Formation.<br>Reviewer Comment (2022-07-21): Articles of Organization were not found. The Operating Agreement was provided but this is not what is needed. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773459 | xxxxxx | 26227526 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-26): Received final title | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773459 | xxxxxx | 26256818 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-07-21): Certificate of Good Standing was provided | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773459 | xxxxxx | 26256839 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file to more than 5 loans to 1 borrower for Lender. Must be approved by the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-13): Client elects to waive with verified compensation factors |  |  | 07/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773459 | xxxxxx | 26256875 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Preliminary in file. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-26): Received final title<br>Reviewer Comment (2022-07-11): Client elects to waive with verified compensation factors | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772456 | xxxxxx | 26228972 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | Credit Report date is more than 90 days prior to the note date or notary date. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-07-14): Waived with compensating factors per investor exception request.<br>Reviewer Comment (2022-07-13): The attached is not acceptable. The report goes by the Ordered Date not completed date. A new scored report prior to close is required. |  |  | 07/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772456 | xxxxxx | 26252645 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the 12 month VOM's for the borrower's primary residence and property on xxxxxx. |  |  | Reviewer Comment (2022-07-14): Received<br>Reviewer Comment (2022-07-13): Per the 1003, reflects primary residence on Fir has a mortgage obligation with The xxxxxx and property on xxxxxx a mortgage obligation with xxxxxx Servicing. There are no documents in file for these. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772456 | xxxxxx | 26252651 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Asset Issue: Gift funds are missing evidence of receipt |  | Provide evidence of receipt of the Gift Funds. |  |  | Reviewer Comment (2022-07-15): Cleared<br>Reviewer Comment (2022-07-13): The wire provided is only for $130,293.34. Gift letter states $131,816. If the gift amount on the letter is incorrect, an updated gift letter dated prior to close will be required. | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 769070 | xxxxxx | 26231733 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-07-14): The Final 1008 was provided. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26232007 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  |  |  |  | Reviewer Comment (2022-07-14): VOR was provided. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26232292 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower has been on current job less than 2 years, and prior employment history was not documented as required. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Per guidelines, a 2 year employment history is required to be reflected on the 1003. 1003 provided only has the prior 20 months of employment history. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-22): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-20): The updated 1003 indicates the borrower's employment date with xxxxxx was xxxxxx , but the WVOE provided from the employer verified the actual start date was xxxxxx . Verification of a 2 year employment is still missing.<br>Reviewer Comment (2022-07-14): LOE is not proof of employment history. Please provide 3rd party documentation for employment history evidence. |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26232356 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.54883% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .54883%). |  |  |  | Reviewer Comment (2022-07-10): Client elects to waive |  |  | 07/10/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26232357 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Disclosure provided; however, it does not list at least 10 agencies as required. |  |  | Reviewer Comment (2022-07-10): Client elects to waive |  |  | 07/10/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26232359 | xxxxxx | xxxxxx | 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 Deed Preparation Fee. Fee Amount of $214.50 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (77231) | Cure Found w/o COC |  |  | Reviewer Comment (2022-07-06): Sufficient Cure Provided At Closing |  | 07/06/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | 26251932 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $950.00 exceeds tolerance of $620.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Zero percent fee tolerance exceeded; however, sufficient cure was provided at closing. |  |  | Reviewer Comment (2022-07-10): Sufficient Cure Provided At Closing |  | 07/10/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771931 | xxxxxx | 26251930 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-14): Received updated fraud report with all red flags cleared. | 07/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771931 | xxxxxx | 26251931 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Per purchase contract, lease is transferring. Provide the lease agreement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-14): Waived with compensating factors per investor request. |  |  | 07/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772268 | xxxxxx | 26232966 | xxxxxx | xxxxxx | Compliance | Compliance | Miscellaneous Compliance | Missing Non-Required Data | Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. | Date Issued: xxxxxx City / County Tax / Stamps, Home Warranty Fee, Real Estate Admin Fee | The Closing Doisclosures reflect fees in section H without payee names. |  |  | Reviewer Comment (2022-07-12): Client elects to waive |  |  | 07/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233097 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | No Change of Circumstance found in the loan file reflecting a valid reason or reasons for the fee increase. |  |  | Reviewer Comment (2022-07-25): SitusAMC upon further review, received COC dated xxxxxx .<br>Reviewer Comment (2022-07-21): SituusAMC on review Loan Discount Point increased from $9430 to $9840 on LE dated xxxxxx however no valid COC or rate lock document is provided. Please provide valid COC or rate lock document to rebaseline the fee. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233139 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.95360% or Final Disclosure APR of 8.01600% is in excess of allowable threshold of APOR 5.31% + 1.5%, or 6.81000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-07-21): Cleared | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233141 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.27337% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.27337%). |  |  |  | Reviewer Comment (2022-07-12): Client elects to waive |  |  | 07/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233167 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Email in loan file reflects appraisal was emailed to borrower on xxxxxx , which is not 3 business days prior to consummation of the loan. |  |  | Reviewer Comment (2022-07-21): Cleared | 07/21/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233168 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-07-21): Cleared | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26233502 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | The Letter of Explanation in the loan file provided by the borrower states that he started his business in October of 2021, which does not match the information in the CPA letter provided, which states the borrower has been self-employed since 2019. Please provide clarification on borrower's dates of self-employment. |  |  | Reviewer Comment (2022-07-19): Borrower switched his operations as Sole Proprietorship to LLC. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26260616 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Per guidelines, rural properties are not allowed. Per the appraisal, subject is a rural property. Investor exception request in file. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI 10% or more below guideline maximum. | Reviewer Comment (2022-07-12): Waived with compensating factors per investor exception request report in file. |  |  | 07/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772268 | xxxxxx | 26260795 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed |  | Deed provided reflects just our borrower; however, DOT signed at closing reflects 3 individuals. Please provide deed or final title matching DOT signed at closing. |  |  | Reviewer Comment (2022-07-19): A Supplemental Report reflecting the correct vesting was provided. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773212 | xxxxxx | 26234299 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | Massachusetts Borrower's Interest Tangible Net Benefit Test | Massachusetts Home Loan: Unable to determine if mortgage loan was refinanced within 60 months without providing a tangible net benefit to the borrower due to missing prior loan information. |  |  |  | Reviewer Comment (2022-07-20): MA NTB provided | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773212 | xxxxxx | 26234300 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | Massachusetts Home Loan - Borrower's Interest Tangible Net Benefit Worksheet Not in File | Massachusetts Home Loan: No evidence in loan file of document or worksheet indicating how the lender determined that the home loan is in the borrower's interest. |  |  |  | Reviewer Comment (2022-07-20): MA NTB provided | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773212 | xxxxxx | 26234301 | xxxxxx | xxxxxx | 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 $675.00 exceeds tolerance of $510.00. Insufficient or no cure was provided to the borrower. (7506) | The Appraisal Fee increased from $510.00 on the initial Loan Estimate to $675.00 on the Loan Estimate dated xxxxxx without a valid change of circumstance. |  |  | Reviewer Comment (2022-07-27): SitusAMC received valid COC therefore no cure required. | 07/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | 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 | Mortgagor Focused |
| xxxxxx | 772779 | xxxxxx | 26235755 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Missing Evidence |  |  | Reviewer Comment (2022-07-12): Client elects to waive |  |  | 07/12/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | 26239706 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | The guidelines require at least 6 months of ownership for a cash-out refinance. The borrower purchased the property on xxxxxx and the subject loan closed on xxxxxx which is less than 6 months ownership. The file contains a Lender exception; however, the Investor exception is missing. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-25): All exception requests must come from the Investor.<br>Reviewer Comment (2022-07-25): All exception request must come from the Investor.<br>Reviewer Comment (2022-07-25): Cleared in error. All exception requests must come from the investor.<br>Reviewer Comment (2022-07-22): Waive with compensating factors. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | 26240349 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Card Statement not provided |  | The loan application reflects a credit card with a balance of $2,958 and payment of $148 per month; however, this account is not listed on the credit report and the file does not contain documentation to verify the payment. |  |  | Reviewer Comment (2022-07-28): Sufficient documentation for the xxxxxx was provided<br>Reviewer Comment (2022-07-25): No new documents received. Please provide documentation to verify the payment on this new account.<br>Reviewer Comment (2022-07-22): Credit Report on file is dated xxxxxx and shows and inquiry from xxxxxx on xxxxxx . This bank is who the xxxxxx referenced in the exception is being managed by. On the Final 1003 provided, "xxxxxx" is listed for the amounts referenced. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | 26240568 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | The Initial Escrow Account Disclosure reflects the initial deposit as $5,467.89; however, the final Closing Disclosure reflects the initial deposit as $2,302.79. |  |  | Reviewer Comment (2022-07-13): Client elects to waive |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | 26240587 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of $734,674.54 is greater than Guideline total cash-out of $500,000.00. | The guidelines allow a maximum of $500,000 for loans with an LTV equal to or greater than 70%. The loan closed with an LTV of 70% and the borrower received $734,674.54 cash back at closing. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-25): All exception requests must come from the Investor.<br>Reviewer Comment (2022-07-25): All exception requests are required to come from the Investor.<br>Reviewer Comment (2022-07-22): Exception documentation provided. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | 26240950 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The guidelines allow up to 5 occurrences of NSF/Overdrafts within the most recent 12 months. The bank statements reflect a total of 10 occurrences in the last 12 months. The file contains a Lender exception; however, an Investor exception is required and not provided in the file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-25): All exception requests must come from the Investor.<br>Reviewer Comment (2022-07-22): Received same exception request as in original file. All exception requests must come from the Investor.<br>Reviewer Comment (2022-07-22): Exception documentation provided. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | 26240142 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Per guidelines, a gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. |  |  | Reviewer Comment (2022-07-15): Provided | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | 26240171 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-15): Cleared | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | 26240514 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $175.20 exceeds tolerance of $150.00 plus 10% or $165.00. Insufficient or no cure was provided to the borrower. xxxxxx | The ten percent tolerance exceeded. |  |  | Reviewer Comment (2022-07-18): SitusAMC sufficient cure provided at closing.<br>Reviewer Comment (2022-07-15): SitusAMC received corrected PCCD, please also provide copy of check LOE and proof of delivery for the cure of $25. | 07/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | 26240516 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $325.00 exceeds tolerance of $300.00. Insufficient or no cure was provided to the borrower. (7723) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-07-18): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-07-15): SitusAMC received corrected PCCD, please also provide copy of check LOE and proof of delivery for the cure of $25. |  | 07/18/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | 26277244 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per guidelines, non-institutional mortgages require canceled checks. Subject transaction is paying off a private mortgage and 12 months checks were provided; however, they are not canceled checks. Please provide most recent 12 months canceled checks to confirm 0x30x12 housing history as required by xxxxxx guidelines. |  |  | Reviewer Comment (2022-07-21): cleared<br>Reviewer Comment (2022-07-18): Same documents were provided. The checks are not cancelled. You must provide the cancelled portion as well as 12 months required.<br>Reviewer Comment (2022-07-15): Looking for Cancelled checks | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 769003 | xxxxxx | 26276815 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Note/DOT + Riders reflect a zip code of xxxxxx vs. all other documents which reflect xxxxxx. Per the lookup of the USPS.com, xxxxxx is correct. Provide the corrected documents (Note to reflect "Corrected" at the top), LOE to borrower, evidence of delivery to the borrower, and Lender's Letter of Intent to Re-Record. | The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 30+ points higher than guideline minimum. | Reviewer Comment (2022-07-26): Waived with compensating factors per investor request. |  |  | 07/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772462 | xxxxxx | 26240352 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | The CPA Letter is not dated by the CPA and therefore cannot be used for testing. A dated CPA Letter is required. Further, the CPA must attest that they have prepared the borrower's most recent tax return under the P&L program, which was not provided. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-27): Waived with compensating factors per investor request. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241326 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Appraisal was emailed to the Borrower on xxxxxx , however, there is no confirmation of receipt from the Borrower so the 3 day mail rule was used for testing which calculates to the Borrower receiving the appraisal on xxxxxx . The loan closed on xxxxxx . |  |  | Reviewer Comment (2022-07-13): Client elects to waive |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241327 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | Appraisal was emailed to the Borrower on xxxxxx , however, there is no confirmation of receipt from the Borrower so the 3 day mail rule was used for testing which calculates to the Borrower receiving the appraisal on xxxxxx . The loan closed on xxxxxx . |  |  | Reviewer Comment (2022-07-13): Client elects to waive |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241362 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing List of Homeownership Counseling Organizations. |  |  | Reviewer Comment (2022-07-13): Client elects to waive |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241373 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure APR | TILA-RESPA Integrated Disclosure - Loan Calculations: APR of 7.52300% on Final Closing Disclosure provided on xxxxxx is under-disclosed from the calculated APR of 7.79720% outside of 0.125% tolerance. (Final xxxxxx) | Final Closing Disclosure reflects the Finance Charge was under disclosed by $63,880.00. |  |  | Reviewer Comment (2022-09-08): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Reviewer Comment (2022-09-07): SitusAMC received unexecuted RTC's to both borrowers and copy of email to borrower. We must be provided with proof of borrower receipt of the RTC's which opens the rescission period. With the noted xxxxxx cancel by date, 3 business days prior, the RTC's must have been received by borrowers by xxxxxx. Please provide proof of receipt by xxxxxx of the RTC's.<br>Reviewer Comment (2022-08-31): SitusAMC is missing the re-opening of RTC to complete cure. RTC must be received by borrower no later than xxxxxx . PCCD, LOE, Copy of refund check, and proof of delivery have been received.<br>Reviewer Comment (2022-07-29): SitusAMC received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. We are missing 2 items to complete the cure. FedEx tracking reflects that only label has been created and package has not been picked up and as this is a rescindable transaction with a material violation the reopening of rescission is also required. Provide proof of delivery and the reopening of rescission to finalize. |  | 09/08/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241374 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | Final Closing Disclosure reflects the Finance Charge was under disclosed by $63,880.00. |  |  | Reviewer Comment (2022-09-08): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Reviewer Comment (2022-09-07): SitusAMC received unexecuted RTC's to both borrowers and copy of email to borrower. We must be provided with proof of borrower receipt of the RTC's which opens the resicssion period. With the noted xxxxxx cancel by date, 3 business days prior, the RTC's must have been received by borrowers by xxxxxx. Please provide proof of receipt by xxxxxx of the RTC's.<br>Reviewer Comment (2022-08-31): Comment: SitusAMC is missing the re-opening of RTC to complete cure. RTC must be received by borrower no later than xxxxxx . PCCD, LOE, Copy of refund check, and proof of delivery have been received.<br>Reviewer Comment (2022-07-29): SitusAMC received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. We are missing 2 items to complete the cure. xxxxxx tracking reflects that only label has been created and package has not been picked up and as this is a rescindable transaction with a material violation the reopening of rescission is also required. Provide proof of delivery and the reopening of rescission to finalize.<br>Reviewer Comment (2022-07-20): Calculations indicate finance charge under-disclosed in the amount of $63,880. Cure is required. |  | 09/08/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241378 | xxxxxx | xxxxxx | 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 (2022-07-25): Received final title<br>Reviewer Comment (2022-07-21): Cannot be waived - re-open at client's request<br>Reviewer Comment (2022-07-13): Client elects to waive | 07/25/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26241382 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-07-25): Received final title | 07/25/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772462 | xxxxxx | 26283720 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 716 is less than Guideline representative FICO score of 720. | Minimum FICO for a 75% LTV loan amount up to xxxxxx is 720. Loan was approved with a 716 FICO. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-21): Client elects to waive with verified compensation factors |  |  | 07/21/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26242867 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-18): The final title policy was provided. | 08/18/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26243056 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Insurance Verification, Statement, Tax Verification |  |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reviewer Comment (2022-07-15): The client elects to waive with comp factors. |  |  | 07/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26243109 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-07-13): Client elects to waive |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26243110 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | No seller paid fees disclosed on borrower's final CD. |  |  | Reviewer Comment (2022-07-25): SitusAMC received Seller CD. . | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26283882 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Individual Retirement Account (IRA) / Account Number: xxxx | Per section 5.2.1 of the guidelines, asset documentation must comprise two consecutive months and be dated within 90 days of the loan note date. File only contains the most recent statement for the IRA; however, it only covers 1 month. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reviewer Comment (2022-07-15): The client elects to waive with comp factors. |  |  | 07/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26283906 | xxxxxx | xxxxxx | 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 (2022-08-18): The final title policy was provided.<br>Reviewer Comment (2022-07-13): Client elects to waive | 08/18/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | 26283916 | xxxxxx | xxxxxx | 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 $168.00 exceeds tolerance of $143.00 plus 10% or $157.30. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | Ten percent fee tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-07-13): Sufficient Cure Provided At Closing |  | 07/13/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771327 | xxxxxx | 26243074 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Missing certificate of good standing |  |  | Reviewer Comment (2022-07-20): Evidence the LLC is in good standing was provided. | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771327 | xxxxxx | 26243291 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | The insurance coverage should reflect one of the following:<br> • 100% of the insurable value of the improvements, as established by the property insurer<br> o Provide explicit evidence of guaranteed replacement cost coverage, or<br> o Provide a replacement cost estimator to evidence adequate dwelling coverage<br> • the unpaid principal balance of the mortgage, if it's at least 80% of the insurable value of the improvements on a replacement cost basis. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-27): Waived with compensating factors per investor request. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771327 | xxxxxx | 26284290 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-07-22): Client elects to waive with verified compensation factors |  |  | 07/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771327 | xxxxxx | 26284294 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | Missing ISAOA. |  |  | Reviewer Comment (2022-07-25): Received | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26246192 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. | Address: xxxxxx xxxxxx xxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxxx xxxxxx , xxxxxx, xxxxxx xxxxxx, Address: xxxxxx xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx xxxxxx | Missing secondary valuations |  |  | Reviewer Comment (2022-07-15): Cleared | 07/15/2022 |  |  | 1 D A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278380 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOR for the borrower's primary residence. If from a private or non-institutional landlord, cancelled checks will be required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 4 months or more. | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-06): Received Memo. However, to clear this condition we need a VOR to verify the payments. Also if from a private or non-institutional landlord, cancelled checks are required. Hence, provide the same. Exception remains.<br>Reviewer Comment (2022-09-02): No trailing documents received. Exception remains.<br>Reviewer Comment (2022-08-23): Received deposit receipts. However, the payments are not matching and are different each month. Please provide 12 month rental history for borrower's current primary property. Exception remains.<br>Reviewer Comment (2022-08-10): One month of payment does not satisfy this requirement.<br>Reviewer Comment (2022-08-02): please provide cancelled checks. |  |  | 09/08/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278445 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-07-14): Articles provided | 07/14/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278451 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence of ownership in xxxxxx and xxxxxx. Previously vested owners on title. |  |  | Reviewer Comment (2022-07-14): Ops Agreement provided | 07/14/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278489 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Document provided states cannot imply that all fees, taxes and penalties owed to the Commonwealth of PA are paid. |  |  | Reviewer Comment (2022-07-15): Per the client, they are accepting the PA document as-is and deems it a Cert of Good Standing based on the Active status.<br>Reviewer Comment (2022-07-14): Same document was provided that was in file at time of review. The document states "Document provided states cannot imply that all fees, taxes and penalties owed to the Commonwealth of PA are paid." Therefore, not acceptable. | 07/15/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278494 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the borrower's unexpired VISA and EAD. |  |  | Reviewer Comment (2022-07-19): An Attorney letter was provided | 07/19/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278502 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. |  | Provide the 442 for the property on xxxxxx Appraisal reflects Subject To. |  |  | Reviewer Comment (2022-07-15): An AS-IS appraisal was provided. | 07/15/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772526 | xxxxxx | 26278506 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | The property on xxxxxx was purchased on xxxxxx for $60,000. Just shy of 12 months seasoning requirement. Lender utilized appraised value for LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 4 months or more. | Reviewer Comment (2022-07-25): Waived with compensating factors per investor request<br>Reviewer Comment (2022-07-19): The exception must come from the investor.<br>Reviewer Comment (2022-07-14): The document provided is not acceptable as it is not signed, dated, nor supporting docs provided. Further, even if the document was accepted, listed repairs are $40,000 and purchase price was xxxxxx which total xxxxxx. This would result in excessive LTV. Exception will be required. |  |  | 07/25/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 773329 | xxxxxx | 26244500 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date xxxxxx ; Disbursement date: xxxxxx ; Note date: xxxxxx ; Transaction date: xxxxxx | Disbursement date is xxxxxx ; Effective date xxxxxx . |  |  | Reviewer Comment (2022-07-25): Updated closing statement provided to verify final disbursement date. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773329 | xxxxxx | 26244531 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $267,744.40 is less than Cash From Borrower $604,033.80. |  |  |  | Reviewer Comment (2022-07-25): HELOC funds wire provided; however, missing source of funds verification. New exception set. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773329 | xxxxxx | 26244534 | xxxxxx | xxxxxx | 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 4.00. |  |  |  | Reviewer Comment (2022-07-25): HELOC funds wire provided; however, missing source of funds verification. New exception set. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773329 | xxxxxx | 26281750 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the primary residence. Property profile report in file reflects mtg taken out on xxxxxx . |  |  | Reviewer Comment (2022-07-29): HELOC had no balance until subject transaction; no history to provide.<br>Reviewer Comment (2022-07-25): If the HELOC was closed as noted, then how was the available line used for funds to close. Further clarification required. | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773329 | xxxxxx | 26333553 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Missing recent statement to verify the full line of the $00,000 HELOC was available to use for funds to close. |  |  | Reviewer Comment (2022-07-29): Received showing $0 balance prior to draw for this transaction. | 07/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773303 | xxxxxx | 26245392 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 670 is less than Guideline representative FICO score of 680. | Borrower's FICO of 670 is less than required for First Time Homebuyers at 680, however, there is a Lender Exception in the loan file with compensating factors. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-07-13): Waived with compensating factors per investor exception request in file. |  |  | 07/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773303 | xxxxxx | 26281244 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-07-15): Cleared | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771899 | xxxxxx | 26250406 | xxxxxx | xxxxxx | 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. |  |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-07-14): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C A |  | N/A | No | Property Focused |
| xxxxxx | 771899 | xxxxxx | 26250407 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C A |  | N/A | No | Property Focused |
| xxxxxx | 771899 | xxxxxx | 26287905 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-15): Cleared | 07/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C A |  | N/A | No | Property Focused |
| xxxxxx | 771927 | xxxxxx | 26252599 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  | Reviewer Comment (2022-07-28): An updated Operating Agreement reflecting there is only one member was provided.<br>Reviewer Comment (2022-07-21): This document was already in the file; however, showing two other members and the borrower only 90% ownership. Corporate Resolution needed to verify the updated ownership to 100% to borrower. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771927 | xxxxxx | 26288461 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-07-28): A Certificate of Formation was provided.<br>Reviewer Comment (2022-07-25): The document provided is not the articles of organization. This is a business information printout from the State website.<br>Reviewer Comment (2022-07-21): The document provided is not the complete Articles of Organization. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771927 | xxxxxx | 26288481 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: xxxxxx xxxxxx % of Business Ownership: 90.00% | Per guidelines all members must guaranty the loan and provide credit documents. |  |  | Reviewer Comment (2022-07-28): An updated Operating Agreement reflecting there is only one member was provided.<br>Reviewer Comment (2022-07-21): This document was already in the file; however, showing two other members and the borrower only 90% ownership. Corporate Resolution needed to verify the updated ownership to 100% to borrower. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772507 | xxxxxx | 26258722 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. |  | Missing the Title Policy. |  |  | Reviewer Comment (2022-07-19): The preliminary title report was provided. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26260761 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing the Verification of Mortgage for the Subject Property. The Credit Supplement has 2 consecutive Months on it and we need 12 Months verified. |  |  | Reviewer Comment (2022-07-28): Servicing was transferred, sufficient housing history provided<br>Reviewer Comment (2022-07-19): 12 month's of housing payment history was not found. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26261322 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing the List of Homeownership Counseling Organization to the Borrower. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26261385 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | The Closing Disclosure disbursement date was xxxxxx and the Closing Disclosure was signed xxxxxx , which is less than 3 business days from transaction date. |  |  | Reviewer Comment (2022-07-21): Updated PCCD, LOE to borrower and verification of delivery provided. |  | 07/21/2022 |  | 2 C B | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26261536 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.14751% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .14751%). | Points and Fees exceed the Investor's allowable maximum. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26261537 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points exceeds tolerance without a Valid Change of Circumstance. |  |  | Reviewer Comment (2022-07-19): SitusAMC received a valid COC on xxxxxx for the Loan discount point added due to Rate has been locked. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772507 | xxxxxx | 26296633 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx xxxxxx,xxxxxx, Address: xxxxxx xxxxxx xxxxxxx xxxxxx, xxxxxx Other<br> Other | Loan file is missing evidence of the 2 months' most recent rent for the borrower's additional REOs on xxxxxx |  |  | Reviewer Comment (2022-07-27): Provided the most recent 2 months canceled checks for both properties<br>Reviewer Comment (2022-07-26): Documents for Dale street were provided. Still missing canceled checks for xxxxxx<br>Reviewer Comment (2022-07-21): The documents missing is evidence the renter paid the most recent two months of rent to the borrower for both REO properties listed. The documentation provided is showing the mortgage payment history, which is not what was requested in the specific exception.<br>Reviewer Comment (2022-07-19): The requested documents were not found. | 07/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772578 | xxxxxx | 26292596 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM's for the primary residences on xxxxxx and xxxxxx or provide evidence Free and Clear. |  |  | Reviewer Comment (2022-07-20): Received | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772578 | xxxxxx | 26292683 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | EIN was not provided for Laundry. |  |  | Reviewer Comment (2022-07-27): Provided EIN for xxxxxx<br>Reviewer Comment (2022-07-25): We will need something from the IRS or Form W-9. An LOE from the borrower is not acceptable.<br>Reviewer Comment (2022-07-21): Please provide EIN.<br>Reviewer Comment (2022-07-20): EIN not received. Please try resending. | 07/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771985 | xxxxxx | 26252610 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing a 12 month rental history reflecting 0x30. |  |  | Reviewer Comment (2022-08-12): VOR is acceptable<br>Reviewer Comment (2022-07-22): Being signed by a rep of a company does not make the company an institiuonal lender. Cancelled checks will be required or an investor exception.<br>Reviewer Comment (2022-07-19): VOR provided; however, also need 12 months canceled checks to verify the payment history. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771985 | xxxxxx | 26252819 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.98208% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.98208%). |  |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771985 | xxxxxx | 26252822 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | Missing Seller Closing Disclosure. |  |  | Reviewer Comment (2022-07-19): SitusAMC received Seller CD. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771985 | xxxxxx | 26252824 | xxxxxx | xxxxxx | 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 Pest Inspection Fee. Fee Amount of $39.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75155) | No Change of Circumstance found in the loan file reflecting a valid reason or reasons for the fee increase. |  |  | Reviewer Comment (2022-08-01): SitusAMC received corrected PCCD with LOE. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26253509 | xxxxxx | xxxxxx | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | The appraisal revealed property damage. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The appraisal shows deferred maintenance around window frames, door frames, and the siding where it meets the foundation. Appraisal completed AS is and confirms there any physical deficiencies or adverse conditions that affect the livability, soundness, or structural integrity of the property | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26254145 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxx xxxxxx, xxxxxx xxxxxx, xxxxxx Insurance Verification | Missing Hazard Insurance verification for REO located on xxxxxx |  |  | Reviewer Comment (2022-07-19): Land only verified on tax certificate. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26254162 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine when the Lender provided the Appraisal to the Borrower. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26254164 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.84060% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .84060%). |  |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26254165 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, it is not dated to determine if it was obtained within 30 days of application date. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26292509 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-07-19): Provided | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26292828 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the final 1003, there is a separate maintenance liability listed as $2,625.50 per month; however, loan file does not have contain any documentation to verify this amount. Please provide documentation verifying this liability. |  |  | Reviewer Comment (2022-07-19): Divorce decree provided, section 6 Maintenance verified amount paid. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | 26292837 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-21): Evidence the red flags were addressed was provided. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | 26255001 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Verified the Hazard Insurance Coverage is insufficient by $51,250.00. |  |  | Reviewer Comment (2022-07-20): An RCE was provided.<br>Reviewer Comment (2022-07-19): HOI provided has the same insufficient coverage. | 07/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | 26293394 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Per the final 1003, borrower has owned their current residence for 1 year; however, loan file contains evidence this residence was sold xxxxxx , which is prior to the subject loan Note date of xxxxxx . Please provide corrected 1003 with borrower's correct residence information. Further, evidence of new payment for primary residence will be required for DTI calculations. |  |  | Reviewer Comment (2022-08-02): Cleared<br>Reviewer Comment (2022-07-27): The updated 1003 lists the borrowers' primary rent at $4385/month. We have no verification of this payment or history<br>Reviewer Comment (2022-07-20): Please provide a mortgage statement for the full payment on the primary residence. The 1008 nor the 1003 reflect a rent amount or mortgage payment amount.<br>Reviewer Comment (2022-07-19): Please provide evidence of the new monthly rental payment so it can be included in the DTI ratio calculations. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | 26293475 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List provided; however, it is not dated to determine if it meets timing requirements. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | 26258582 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of Homeownership Counseling Organizations to Borrower signed and dated had links to the List and not the Lists on it. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | 26258608 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Document has not been provided signed and dated by the Borrower that they received a copy of the Appraisal at least 3 Business days prior to Consummation or that waived the timing requirement. |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | 26258631 | xxxxxx | xxxxxx | 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 xxxxxx) | The Closing Disclosure was issued on xxxxxx with a Closing Date of xxxxxx signed xxxxxx . |  |  | Reviewer Comment (2022-07-20): Investor agrees to Accept EV3, SOL 1 yr, expires xxxxxx  |  |  | 07/20/2022 | 3 C | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | 26296799 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. |  |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | 26257584 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Policy states the coverage amount as $173,250.00. The Appraisal reflects the estimated cost new as $304,516.00. The coverage shortfall is $111,750.00. |  |  | Reviewer Comment (2022-09-01): Updated HOI provided<br>Reviewer Comment (2022-08-16): RCE received reflects reconstruction cost of $189,247; however, HOI coverage in file is $173,250, leaving a shortfall of coverage in the amount of $16,406.<br>Reviewer Comment (2022-08-16): Updated RCE provided however the coverage is still short to close.<br>Reviewer Comment (2022-08-10): RCE provided, however coverage is still insufficient. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | 26257590 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $80,191.15 is less than Cash From Borrower $131,484.63. | Borrower's total verifiable assets in file equal $81,191.15. |  |  | Reviewer Comment (2022-07-19): Additional assets were provided. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | 26257614 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.98772% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .98772%). |  |  |  | Reviewer Comment (2022-07-15): Client elects to waive |  |  | 07/15/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | 26257630 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2022-07-19): Additional assets were provided. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | 26296251 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxxx, xxxxxx Insurance Verification, Other, Tax Verification | Missing evidence of PITIA for REO on xxxxxx If property is owned free and clear, need evidence of that, along with proof of taxes and insurance. |  |  | Reviewer Comment (2022-07-19): The REO documents were provided. | 07/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26278962 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-07-20): FTP provided | 07/20/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26279163 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Appraisal Effective Date of xxxxxx is more than 120 days prior to the Note Date of xxxxxx . | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-07-27): Client elects to waive with verified compensating factors<br>Reviewer Comment (2022-07-22): The guidelines attached are xxxxxx guidelines. This loan was UW to xxxxxx guidelines 1.2022. Condition remains.<br>Reviewer Comment (2022-07-21): The guidelines state the appraisal is only good for 120 days and a 1004D is required between 90-120 days old. Does not state appraisal > 120 days can obtain a recert of value.<br>Reviewer Comment (2022-07-20): The guidelines state the appraisal is only good for 120 days and a 1004D is required between 90-120 days old. Does not state appraisal > 120 days can obtain a recert of value. |  |  | 07/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26280598 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | The FACTA Disclosure dated xxxxxx was not provided to the Borrower within a reasonable practicable time after using the Credit Score. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26280630 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 62.52 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Page 4 of the Closing Disclosure contains Non-Escrowed Property Costs over Year 1 as $62.52 which is $5.21 Monthly. Page 1 and Page 2 do not disclose any Non-Escrowed Property Costs for the Subject Property. The Loan Underwriting and Transmittal Summary does not disclose any Non-Escrowed Property Costs. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26304349 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $274,585.64 is less than Cash From Borrower $283,630.07. |  |  |  | Reviewer Comment (2022-07-21): Updated final CD provided.<br>Reviewer Comment (2022-07-20): The closing statement provided is not for the borrower or SP. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | 26304352 | xxxxxx | xxxxxx | 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 (2022-07-20): FTP provided | 07/20/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | 26281685 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxxx xxxxxx xxxxxxx, xxxxxx, xxxxxx, Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx, Address: xxxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Statement<br> Statement | The following REO documents are required and missing: HOI verification: xxxxxx both xxxxxx Tax verification: xxxxxx Statements - xxxxxx |  |  | Reviewer Comment (2022-09-08): Additional documents received.<br>Reviewer Comment (2022-09-07): Exception Remains REO document are missing HOI verification: xxxxxx both xxxxxx Tax verification: xxxxxx Statements - xxxxxx<br>Reviewer Comment (2022-09-02): Still need statements for xxxxxx<br>Reviewer Comment (2022-09-02): Exception Explanation Updated from: Insurance Verification, Statement, Tax Verification<br> Statement<br> Statement<br>Reviewer Comment (2022-08-01): This has previously been provided. We need the mortgage statement for xxxxxx along with the previously mentioned docs.<br>Reviewer Comment (2022-07-28): Reviewed documents received. The following items are still missing: HOI xxxxxx Mortgage Statements: xxxxxx<br>Reviewer Comment (2022-07-22): None of the HOI policies received clear this condition. The following REO documents are required and missing: The following REO documents are required and missing: HOI verification: xxxxxx both xxxxxx Tax verification: xxxxxx Statements - xxxxxx | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | 26308137 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Borrower Eligibility | Borrower and Mortgage Eligibility | Guideline Issue: Number of properties financed exceeds amount allowed by guidelines. |  | Per guidelines, borrower can own a maximum of 6 properties, financed or free and clear. Borrower owns 16 total properties, which exceeds the allowed amount. Loan file contains lender exception request; however, all exception requests must come from the Investor. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 113.01<br> Guideline Requirement: 6.00 | Reviewer Comment (2022-08-09): Exception waived with Compensating Factors per clients request.<br>Reviewer Comment (2022-07-22): Received same exception request as in original file. all exception requests must come from the investor. |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | 26308293 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage short $28,512.00. |  |  | Reviewer Comment (2022-07-28): Provided Policy with adequate coverage<br>Reviewer Comment (2022-07-22): Provided HOI policy covering loan amount | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26284988 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-07-21): Provided | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26285004 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine when the Lender provided the Appraisal to the Borrower. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26285023 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.04242% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .04242%). |  |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26285026 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty | New Jersey Prepayment Penalty: No prepayment penalties are permissible in the state of xxxxxx Prepay language states prepay will not exceed maximum permitted by applicable law. | Subject loan is not for an individual but a LLC. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26285054 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. | Missing Final HUD. The Closing Statement in the loan file reflects an escrow holdback for water in the amount of $750.00. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | 26304953 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Statement | Please provide evidence of new PITIA on REO on xxxxxx A lender's 1003 cannot be used to verify the new payment. |  |  | Reviewer Comment (2022-07-21): Final 1003 provided from new lender to verify terms of new loan on REO. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26285781 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Appraisal was emailed to the Borrower on xxxxxx , however, there is no confirmation of receipt from the Borrower so the 3 day mail rule was used for testing which calculates to the Borrower receiving the appraisal on xxxxxx . The loan closed on Tuesday xxxxxx . |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26285782 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.18520% or Final Disclosure APR of 7.25800% is in excess of allowable threshold of APOR 5.31% + 1.5%, or 6.81000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-01): Evidence the appraisal was received on xxxxxx was provided. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26285784 | xxxxxx | xxxxxx | 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 xxxxxx | Appraisal was emailed to the Borrower on xxxxxx , however, there is no confirmation of receipt from the Borrower so the 3 day mail rule was used for testing which calculates to the Borrower receiving the appraisal on xxxxxx . The loan closed on Tuesday xxxxxx . |  |  | Reviewer Comment (2022-08-01): Evidence the appraisal was received on xxxxxx was provided. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26285811 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Contact Information - Broker | TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xxxxxx did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final xxxxxx) | The Closing Disclosure does not reflect the contact name for the Broker. |  |  | Reviewer Comment (2022-08-05): SitusAMC received Letter of Explanation & Corrected Closing Disclosure.<br>Reviewer Comment (2022-08-02): SitusAMC received Corrected CD. Missing copy of LOE to borrower which accompanies the PCCD to finalize cure. |  | 08/05/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26285816 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | No Change of Circumstance found in the loan file reflecting a valid reason or reasons for the fee increase. |  |  | Reviewer Comment (2022-08-01): SitusAMC Receive valid COC dated xxxxxx therefore no cure required. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | 26305742 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.76 is less than Guideline PITIA months reserves of 6.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Borrower has been employed in the same industry for more than 5 years. | Reviewer Comment (2022-08-09): Comp factors used to waive exception<br>Reviewer Comment (2022-07-29): This closing statement was already in original loan submission and accounted for. Borrower is short the required 6 months reserves. |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773484 | xxxxxx | 26277555 | xxxxxx | xxxxxx | 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 (2022-07-21): Received final title | 07/21/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773484 | xxxxxx | 26281239 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | Borrower has active Tradelines which are less than the minimum required by guidelines. | Credit Report: Original // Borrower: xxxxxx Active Tradelines: 1 | Per guidelines, the borrower must meet either of the minimum tradeline requirements listed below: • At least three (3) tradelines reporting for a minimum of twelve (12) months with activity in the last 12 months; or • At least two (2) tradelines reporting for a minimum of twenty-four (24) months with activity in the last 12 months. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-21): Waived with compensating factors per investor request. |  |  | 07/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773484 | xxxxxx | 26281292 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-07-21): Received final title | 07/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773484 | xxxxxx | 26302971 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-07-21): Market rent was used to calculate the DSCR | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772454 | xxxxxx | 26309277 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, it was not dated to determine it was within 30 days of application. |  |  | Reviewer Comment (2022-07-19): Client elects to waive |  |  | 07/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773472 | xxxxxx | 26281619 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  | Reviewer Comment (2022-07-25): Flood Cert provided<br>Reviewer Comment (2022-07-22): The condition does not pertain to the master policy. The condition is requesting the Flood Certificate for the subject property. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772868 | xxxxxx | 26308404 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Provide the 1008 xxxxxx name or Approval with conditions. |  |  | Reviewer Comment (2022-07-21): The approval was provided. | 07/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772868 | xxxxxx | 26308408 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Appraisal reflects Tenant Occupied, however 1007 does not reflect the information. Provide the lease agreement. |  |  | Reviewer Comment (2022-08-01): Provided<br>Reviewer Comment (2022-07-25): Per the xxxxxx appraisal, which is the latest dated appraisal, property is tenant occupied. If subject is short term rental, a 1007 survey prepared by the appraiser reflecting long term market rents, or the most recent 12 month rental history statement from the rental service that identifies the subject property unit or the most recent 12 month bank statements from the borrower evidencing short term rental deposits are required. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773382 | xxxxxx | 26292500 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided At Least 1 Business Day Prior to Closing - No Waiver) | Texas Constitution Section 50(a)(6): Final itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing without a waiver. | Final itemized disclosure not provided to borrower until the day of closing. |  |  | Reviewer Comment (2022-08-19): Received Acknowledgment signed by borrower stating itemized disclosure of fees was received one business day prior to subject loan closing.<br>Reviewer Comment (2022-08-17): Doc provided was not signed at least one day prior to closing, as required, waiver not provided. Exception remains.<br>Reviewer Comment (2022-08-03): Nothing was found in the trailing docs. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773382 | xxxxxx | 26292533 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI coverage short $126,226.00. Please provide increased coverage or an RCE. |  |  | Reviewer Comment (2022-08-11): RCE was provided.<br>Reviewer Comment (2022-08-03): RCE not found. | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773382 | xxxxxx | 26314097 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing required 12 month mortgage history for subject property. |  |  | Reviewer Comment (2022-08-05): Cleared | 08/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772631 | xxxxxx | 26293309 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-21): Client elects to waive |  |  | 07/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772631 | xxxxxx | 26317361 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower is a FTHB and both VOMs provided are from private parties, which require canceled checks and a 0x30x12 housing history. Please provide evidence of the 8/2021 through xxxxxx 21 rent payments. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit score 30+ points higher than guideline maximum. | Reviewer Comment (2022-07-29): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-07-26): Received documentation; however, a cash payment receipt on xxxxxx does not meet the guideline requirement of canceled checks. Investor can consider waiving with compensating factors. |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26295714 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations: D. 2. Have you or will you be applying for any new credit (e.g., installment loan, credit card, etc.) on or before closing this loan that is not disclosed on this application? was entered Yes. Unable to determine qualification without this information. | Borrower: xxxxxx | Borrower answered Yes to Question D2 on the 1003 regarding have or will be applying for new credit on or before closing this loan that is not disclosed on this application. No further documents or Letter of Explanation provided regarding the new credit. |  |  | Reviewer Comment (2022-07-28): A HELOC statement for REO property was provided. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26296309 | xxxxxx | xxxxxx | 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 HOA/Condo Questionnaire. Fee Amount of $258.75 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75215) | The HOA/Condo Questionnaire Fee exceeds tolerance without a Valid Change of Circumstance. |  |  | Reviewer Comment (2022-08-03): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD<br>Reviewer Comment (2022-07-27): SitusAMC agreed that provided LOX indicates the Other Inspection fee - [Nont Lender Req] (Condo Questionnaire fee) in the amount of $259 disclosed is in section H under No tolerance section. However, fee moved to section B under services borrower cannot shopped section on CD dated xxxxxx , hence the fee was automatically default to 0% tolerance testing. Cure is required to borrower to clear this exception. |  | 08/03/2022 |  | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26296325 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.70183% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.70183%). |  |  |  | Reviewer Comment (2022-07-20): Client elects to waive |  |  | 07/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26296345 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Late Charge | xxxxxx Late Charge Percent and Amount Testing | xxxxxx Late Charge: Note late charge amount of $148.58 exceeds the state maximum of $100. | The Note states that the Late charge under Section 6(A) will not exceed $100.00. |  |  | Reviewer Comment (2022-07-20): Client elects to waive |  |  | 07/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26314762 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-03): A fraud report was provided. | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | 26314763 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx xxxxxx xxxxxx, xxxxxx, xxxxxx Other | Missing evidence the REO on xxxxxx is owned free and clear. The HOI policy provided reflects a mortgagee. |  |  | Reviewer Comment (2022-08-04): Property history report provided<br>Reviewer Comment (2022-08-03): An HOI policy is not an acceptance of the property being free and clear of mortgages. | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772170 | xxxxxx | 26317858 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | VOR is from a private/non-institutional provider. Provide cancelled checks. |  |  | Reviewer Comment (2022-07-25): VOR completed by brokerage and considered institution VOR. | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772170 | xxxxxx | 26318087 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Per the purchase contract, leases are transferring. Provide the lease agreements. |  |  | Reviewer Comment (2022-07-25): Provided | 07/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773542 | xxxxxx | 26325210 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing 12 month mortgage history for borrower's primary residence. |  |  | Reviewer Comment (2022-08-02): Guides state that if the borrower does not have a full 12 months of a current housing history, than previous rent or mortgage payments must be used to supplement the history. If the borrower does not have a previous history an investor exception maybe required.<br>Reviewer Comment (2022-08-01): a 12 month history is required. Please provide the history for the borrowers primary residence.<br>Reviewer Comment (2022-07-29): A full 12 month housing history is required. We will need VOM for prior residence on xxxxxx since current primary has only been owned for 4 months.<br>Reviewer Comment (2022-07-28): Current payment history provided via transaction history printout. Still need the mortgage history for xxxxxx for a complete 12 months.<br>Reviewer Comment (2022-07-26): The Note and CD do not clear this condition. Note is dated xxxxxx, so payment history from xxxxxx through xxxxxx would be required, along with the prior mortgage history for xxxxxx, for a complete 12 month history, as required by guidelines. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773542 | xxxxxx | 26325262 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1073/465 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx xxxxxx | Appraisal indicates this is a townhome; however, it was completed on Form 1073, which is a condominium form. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-07-22): Client elects to waive |  |  | 07/22/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773542 | xxxxxx | 26325282 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-07-28): Evidence the red flags were addressed was provided. | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | 26304178 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing Title Final. |  |  | Reviewer Comment (2022-07-27): Final title provided | 07/27/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | 26304872 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Testing | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 15,525.36 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-07-22): Client elects to waive |  |  | 07/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | 26324214 | xxxxxx | xxxxxx | 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 (2022-07-27): Final title with sufficient coverage provided | 07/27/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771952 | xxxxxx | 26308308 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-05): The short form title was provided. | 08/05/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771952 | xxxxxx | 26308394 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Closing Disclosure or HUD-1 does not reflect that an escrow account for taxes and insurance was established as required by guidelines. |  | Borrower does not meet the minimum 12 month reserve requirement for an escrow waiver. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<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. | FICO exceeds requirement by 30+ points. | Reviewer Comment (2022-08-09): Waived with compensating factors per investor request. |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771952 | xxxxxx | 26308416 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Document is not completed. |  |  | Reviewer Comment (2022-08-03): Cleared | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771952 | xxxxxx | 26334933 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Properties owned < 12 months but > 6 months is limited to the purchase price + documented improvements for LTV qualification. Lender utilized the appraised value. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<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. | FICO exceeds requirement by 30+ points. | Reviewer Comment (2022-08-09): Waived with compensating factors per investor request. |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771952 | xxxxxx | 26334976 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. |  | Does not reflect the Borrower as insured. |  |  | Reviewer Comment (2022-08-05): A corrected CPL was provided.<br>Reviewer Comment (2022-08-03): The same CPL was provided which reflects an LLC as the insurer. The transaction is a single-person loan. | 08/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771952 | xxxxxx | 26335031 | xxxxxx | xxxxxx | 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 (2022-08-05): The short form title was provided with correct coverage amount. | 08/05/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772861 | xxxxxx | 26310117 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | Investor exception in file. however comp factors are incorrect. DSCR is not > 1.30. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years.<br>The qualifying DSCR on the loan is greater than the guideline minimum. | DSCR > 1.15 | Reviewer Comment (2022-07-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-27): Revised exception form was not received, only a property profile report. Please try uploading again. |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772861 | xxxxxx | 26335962 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The 1003 in file reflects the borrower has been living at their primary residence for over 2 years, however only 4 months cancelled checks for mtg history was provided xxxxxx 21 thru 9/2021). |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772861 | xxxxxx | 26335977 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-03): Cleared | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772585 | xxxxxx | 26312327 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing Title final. |  |  | Reviewer Comment (2022-07-27): FTP provided | 07/27/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772585 | xxxxxx | 26312710 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-07-26): Client elects to waive |  |  | 07/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772585 | xxxxxx | 26312724 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.55 is less than Guideline PITIA months reserves of 3.00. | The calculated PITIA of 0.55 is less than guideline required minimum of 3.00. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-29): Client elects to waive with verified compensation factors |  |  | 07/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772585 | xxxxxx | 26341761 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Preliminary in file. |  |  |  | Reviewer Comment (2022-07-27): FTP provided | 07/27/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772415 | xxxxxx | 26310224 | xxxxxx | xxxxxx | Credit | Employment | Miscellaneous | Employment | The verification of employment was not obtained within 10 days of the note date. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx , Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx , Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Borrower's Verbal Verification of Employment for current employment was not obtained within 10 days of closing. |  |  | Reviewer Comment (2022-07-28): VVOE provided for current job within 10 days of closing. Previous jobs are not required.<br>Reviewer Comment (2022-07-28): WVOE for borrower xxxxxx is dated xxxxxx and VVOE xxxxxx  | 07/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772415 | xxxxxx | 26328672 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-24): Client elects to waive |  |  | 07/24/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | 26312076 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the final appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | 26312077 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.21630% or Final Disclosure APR of 8.21600% is in excess of allowable threshold of APOR 5.86% + 1.5%, or 7.36000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-08-03): Cleared<br>Reviewer Comment (2022-07-28): Appraisal delivery letter reflects xxxxxx , however the report is dated xxxxxx  | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | 26312078 | xxxxxx | xxxxxx | 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 xxxxxx | vOR is from a private/non-institutional provider. Provide cancelled checks. |  |  | Reviewer Comment (2022-08-03): Cleared<br>Reviewer Comment (2022-07-28): Appraisal delivery letter reflects xxxxxx , however the report is dated xxxxxx  | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26312376 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Minimum of 600 square feet of gross living area required per company guidelines. |  | The guidelines require a minimum of 400 square feet per individual unit for a 4- unit property. The appraisal reflects unit xxxxxx has only xxxxxx. The file contains an Investor exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-25): Waived with compensating factors per investor exception request in file. |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26312851 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Appraisal Report reflects the Lender as Finance of xxxxxx however, the Lender on the Note is xxxxxx The file does not contain an appraisal transfer letter. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26312883 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines require modifications to be at least 12 months seasoning; however, the borrower had a modification in xxxxxx 21 and the subject loan closed on xxxxxx ; therefore, the modification does not meet the seasoning requirement. The file contains an Investor exception. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-07-25): Waived with compensating factors per investor exception request in file. |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26312920 | xxxxxx | xxxxxx | 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. | The loan does not meet the Safe Harbor Test due to the appraisal report reflects a different lender than what is reflected on the note. |  |  | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26312921 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.76521% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .76521%). |  |  |  | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | 26339275 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772722 | xxxxxx | 26312236 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | ACH information was not provided and borrower is Foreign National | Borrower: xxxxxx xxxxxx | Per guideline ACH is required for all foreign national borrowers. Funds must be from a xxxxxx Bank. The executed (ACH) enrollment form must be included in the closed loan submission package. The (ACH) enrollment form must include the bank routing number, account number, and account type. Borrowers may select a date<br> within the grace period stated on the Note. |  |  | Reviewer Comment (2022-07-28): Provided ACH information | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312315 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-07-28): Provided Fraud report | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312316 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided |  | Alternative Tradelines consisting of two of the following:<br> ▪ Credit Reference letter(s) from a verified financial institutions in the borrower's country of origin<br> ▫ A reference letter must be from an internationally known financial institution.<br> ▫ Each letter of reference must state the type and length of the relationship, how the account is held, payment amount, outstanding balance and status of account including a minimum 12-month payment history.<br> ▫ A single reference source may provide verification of multiple accounts. Individual account detail must be provided.<br> ▫ The letter must mention the borrower by name.<br> ▫ Name, title & contact information of the person signing the letter must be included.<br> ▫ Currency must be converted to U.S. Dollars and signed and dated by certified translator.<br> ▫ All documents must be translated into English.<br> ▪ Credit Card Statements – minimum of twelve (12) recent credit card statements reflecting a timely payment history. |  |  | Reviewer Comment (2022-07-28): Alternative Credit Documentation was provided | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312372 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Address: xxxxxx |  |  |  | Reviewer Comment (2022-08-05): A corrected flood cert was provided.<br>Reviewer Comment (2022-08-02): please provide an updated Flood cert reflecting that the property is not in a flood zone. | 08/05/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312482 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Address: xxxxxx |  |  |  | Reviewer Comment (2022-07-28): Provided Flood cert for xxxxxx | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312506 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Title evidence provided for each property. |  |  | Reviewer Comment (2022-07-28): Title Commitments for all properties were provided. | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26312514 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Provide the unexpired VISA and Passport. |  |  | Reviewer Comment (2022-07-28): VISA and Passport were both provided. | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26343001 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | The leases for xxxxxx and xxxxxx are transferring. Provide the lease agreements. Subject to update of DSCR. |  |  | Reviewer Comment (2022-07-28): The Lease Agreements were provided. | 07/28/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26343012 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower to provide a third-party document with an address that matches the primary residence on the application e.g., lease agreement, utility bill, financial statement. |  |  | Reviewer Comment (2022-08-03): A cable bill with the primary address listed was provided. | 08/03/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26343053 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOA questionnaire for the property on xxxxxx states it is in litigation. Projects involved in litigation are acceptable provided the lawsuit(s) are not structural in nature which impact the subject unit and do not affect the marketability of the project units and potential damages do not exceed 25% of HOA reserves or documentation from the insurance carrier or attorney representing the insurance carrier that the insurance carrier has agreed to conduct defense and the HOA insurance policy is sufficient to cover the litigation expense. |  |  | Reviewer Comment (2022-08-19): A letter from the Attorney stating all inquiries are being or already dismissed. | 08/19/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26343093 | xxxxxx | xxxxxx | Credit | Document Error | General | Document Error | Loan is cross collateralized and release provisions = No | Address: xxxxxx Address: xxxxxx Address: xxxxxx | Provide the executed loan amount with property loan amount allocations and release amounts for each property. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772722 | xxxxxx | 26343100 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the executed loan amount with property loan amount allocations and release amounts for each property. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx |  | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773613 | xxxxxx | 26315367 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date xxxxxx , Disbursement date: xxxxxx |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-15): Client elects to waive with verified compensation factors |  |  | 08/15/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773613 | xxxxxx | 26315473 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance. |  |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-07-25): Client elects to waive |  |  | 07/25/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775083 | xxxxxx | 26348152 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  | The appraisal reflects property is in a PUD, however a PUD rider was not attached to the DOT. Provided the executed PUD rider, corrected page of the DOT to include PUD rider, LOE to borrower, evidence of delivery to the borrower, and Lender's Letter of Intent to Re-Record. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775083 | xxxxxx | 26348297 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  |  |  |  | Reviewer Comment (2022-09-13): Received Affidavit of Occupancy document. Hence Exception cleared. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775083 | xxxxxx | 26348340 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.78 is less than Guideline PITIA months reserves of 3.00. | Gift funds received into borrower's personal account. Backed out as to not double count the funds. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-13): Gift funds cannot be utilized for reserves. After gift funds are backed out of personal account, they are added to closing funds only. The borrower has $12,573.63 in remaining reserves. Cash to close is calculated as funds to close + EMD + POCB fees + any adjustments on HUD/CD (i.e. fees, gift funds, 1031 exchange funds, etc). |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775083 | xxxxxx | 26348346 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | ISAOA missing | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772887 | xxxxxx | 26322519 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-07-27): Client elects to waive |  |  | 07/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26322520 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.19310% or Final Disclosure APR of 8.24900% is in excess of allowable threshold of APOR 5.31% + 1.5%, or 6.81000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-07-29): Verification of appraisal receipt provided. | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26322523 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-07-29): Verification of appraisal receipt provided. | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26323778 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-07-27): Client elects to waive |  |  | 07/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26323779 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. |  |  |  | Reviewer Comment (2022-07-29): Verification of appraisal receipt provided. | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26348709 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, FTHB are required to document 0x30x12 housing history. Borrower is a FTHB and loan fie contains LOE from relative stating he has been living rent free with them for the prior 3 years, which does not meet the guideline requirement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reviewer Comment (2022-08-08): The client elects to waive with comp factors. |  |  | 08/08/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26349391 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-02): Cleared | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26349431 | xxxxxx | xxxxxx | 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 $550.00 exceeds tolerance of $225.00. Sufficient or excess cure was provided to the borrower at Closing. (75103) | Zero percent fee tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-07-27): Sufficient Cure Provided At Closing |  | 07/27/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772887 | xxxxxx | 26369626 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Provide original copy of appraisal before updates made to verify updates were clerical. |  |  | Reviewer Comment (2022-08-08): The initial appraisal was provided. | 08/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772937 | xxxxxx | 26321420 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-08-23): FTP provided | 08/23/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772937 | xxxxxx | 26321466 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | The loan file does not contain a signed application which is required per guidelines. |  |  | Reviewer Comment (2022-08-29): Signed application provided | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772937 | xxxxxx | 26321809 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Per guideline The insurance coverage should reflect one of the following: · 100% of the insurable value of the improvements, as established by the property insurer (including guaranteed replacement, if applicable); or · 100% of the Total Estimate of Cost-New per the appraiser; or · The unpaid principal balance of the mortgage, as long as it at least equals the minimum amount—80% of the insurable value of the improvements—required to compensate for damage or loss on a replacement cost basis. If it does not, then coverage that does provide the minimum required amount must be obtained. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772937 | xxxxxx | 26321821 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date xxxxxx , Disbursement date: xxxxxx | Wet State: HOI effective date must be at or prior to closing. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772937 | xxxxxx | 26347989 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL nor Title reflect the Borrowing Entity as insured. |  |  | Reviewer Comment (2022-09-01): Endorsement removing supplement provided<br>Reviewer Comment (2022-08-23): Received CPL. Received title policy, however the PUD endorsement box is checked. The appraisal does not reflect PUD or PUD dues nor was a PUD rider provided. .<br>Reviewer Comment (2022-07-29): Received same documents as in original file. CPL and title commitment must reflect borrowing entity as proposed insured. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 772937 | xxxxxx | 26348030 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  |  |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773555 | xxxxxx | 26328859 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-07-29): Received final title | 07/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773555 | xxxxxx | 26328913 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date xxxxxx ; Disbursement date: xxxxxx ; Note date: xxxxxx ; Transaction date: xxxxxx | Dry State: Effective date is after disbursement date. |  |  | Reviewer Comment (2022-07-29): Final SS provided.<br>Reviewer Comment (2022-07-29): PC-CD condition is not sufficient as this is a lender generated documents. The Final Settlement Statement will be required to confirm disbursement date. Condition remains. | 07/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773555 | xxxxxx | 26356347 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, Desk reviews will be ordered and reviewed by EMET Underwriter on all loans. However, there is a CU score of 2.1 in file which is acceptable for securitization . | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-08-01): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-07-29): Lender would like to waive |  |  | 08/01/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773555 | xxxxxx | 26356377 | xxxxxx | xxxxxx | 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 (2022-07-29): Received final title | 07/29/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771430 | xxxxxx | 26323398 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.98841% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .98841%). |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771430 | xxxxxx | 26323399 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | An HPML disclosure was not provided to the borrower. |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender attestation indicating that (1) the borrower did not qualify for any non-higher-priced loans or (2) the lender does not offer non-higher-priced loans. C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771430 | xxxxxx | 26323400 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of 7.28220% or Final Disclosure APR of 7.31300% is in excess of allowable threshold of APOR 5.38% + 1.5%, or 6.88000%. Non-Compliant Higher Priced Loan. |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771430 | xxxxxx | 26323402 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,372.00 exceeds tolerance of $1,337.00. Insufficient or no cure was provided to the borrower. (8304) | Zero percent tolerance exceeded with no cure nor valid change circumstance. |  |  | Reviewer Comment (2022-08-02): SitusAMC received COC dated xxxxxx  | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771430 | xxxxxx | 26355852 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the state website provided, borrower's business that is the source of income is not in good standing. Please provide evidence business is in good standing. |  |  | Reviewer Comment (2022-08-09): Certificate of Good Standing provided.<br>Reviewer Comment (2022-08-01): Letter not provided. Please re upload. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26322293 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | The guidelines do not allow rural properties. The appraisal reflects the property location as rural. The file contains a lender exception; however, all exception requests must come from the Investor. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-21): Client elects to waive with verified compensation factors |  |  | 09/21/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323737 | xxxxxx | xxxxxx | 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. | The Safe Harbor test is not met due to the appraisal report reflects a different city. |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323738 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323739 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323740 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.59050% or Final Disclosure APR of 7.59100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.81000 + 1.75%, or 7.56000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323741 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $141.02 exceeds tolerance of $125.00. Insufficient or no cure was provided to the borrower. (7520) | The Credit Report Fee increased from $125.00 on the initial Loan Estimate to $141.02 on the final Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-08-15): SitusAMC received letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD<br>Reviewer Comment (2022-08-02): SitusAMC received COC however we require additional information to provide the reason of credit report reissue. Please provide valid COC/additional information or please provide cure documents. |  | 08/15/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323742 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | The final Closing Disclosure was not signed and dated therefore an estimated date of xxxxxx was used resulting in the disbursement of the funds being less than 3 business days from the estimated date. |  |  | Reviewer Comment (2022-08-01): cleared | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323743 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-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). | The final Closing Disclosure was not signed and dated therefore an estimated date of xxxxxx was used resulting in the actual expiration date being prior to the expected expiration date. |  |  | Reviewer Comment (2022-08-01): cleared | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323787 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Note reflects the city as xxxxxx; however, the Insurance reflects the city as xxxxxx. |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323791 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Note reflects the city as xxxxxx; however, the Flood Certificate reflects the city as xxxxxx. |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323804 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Note reflects the city as xxxxxx; however, the Appraisal Report reflects the city as xxxxxx. |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26323817 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | The Note reflects the city as xxxxxx; however, the CDA report reflects the city as xxxxxx. |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26357402 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-02): Cleared | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | 26574715 | xxxxxx | xxxxxx | Credit | System | General | System | Security Instrument address does not match Note address. |  | A corrected Mortgage with the correct city, an LOE to the borrower, a letter of intent to re-record, and evidence of delivery are required. |  |  | Reviewer Comment (2022-09-21): Corrected DOT, LOI, LOE, and evidence of delivery provided | 09/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26324961 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | Credit report is more than 90 days prior to the Note date. | Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-23): Client elects to waive with verified compensation factors |  |  | 08/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325437 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.43148% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .43148%). |  |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325438 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Amount of Escrowed Property Costs over Year 1 - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 11,692.68 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | This is due to the Note date disclosed on the security instrument document is incorrect, note date xxxxxx and the notary date reflect xxxxxx on the security instrument. |  |  | Reviewer Comment (2022-08-10): After further review, this exception has been cleared.<br>Reviewer Comment (2022-08-10): Sufficient PCCD provided. Please provide letter of explanation to client and proof of receipt. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325439 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xxxxxx disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/1989219) | This is due to the Note date disclosed on the security instrument document is incorrect, note date xxxxxx and the notary date reflect xxxxxx on the security instrument. |  |  | Reviewer Comment (2022-08-10): After further review, this exception has been cleared. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325440 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | This is due to the Note date disclosed on the security instrument document is incorrect, note date xxxxxx and the notary date reflect xxxxxx on the security instrument. |  |  | Reviewer Comment (2022-08-18): SitusAMC recveived xxxxxx Affidavit correcting notary date to xxxxxx<br>Reviewer Comment (2022-08-12): SitusAMC received email from notary stating incorrect notary date. However, cannot accept just an email. Typically these types of issues are addressed with a xxxxxx Affidavit identifying the incorrect date that was completed by the notary and the correct date. Depending on the county, these are often recorded to augment the existing security instrument, but the security instrument is not re-recorded. The title company involved in the transaction can provide guidance for the specific county and complete as required by county. With the xxxxxx Affidavit completed by the Notary, we can alter the date for the compliance testing.<br>Reviewer Comment (2022-08-10): Sufficient PCCD provided. Please provide letter of explanation to client and proof of receipt. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325441 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | This is due to the Note date disclosed on the security instrument document is incorrect, note date xxxxxx and the notary date reflect xxxxxx on the security instrument. |  |  | Reviewer Comment (2022-08-18): SitusAMC recveived xxxxxx Affidavit correcting notary date to xxxxxx<br>Reviewer Comment (2022-08-12): SitusAMC received email from notary stating incorrect notary date. However, cannot accept just an email. Typically these types of issues are addressed with a xxxxxx Affidavit identifying the incorrect date that was completed by the notary and the correct date. Depending on the county, these are often recorded to augment the existing security instrument, but the security instrument is not re-recorded. The title company involved in the transaction can provide guidance for the specific county and complete as required by county. With the xxxxxx Affidavit completed by the Notary, we can alter the date for the compliance testing.<br>Reviewer Comment (2022-08-10): Sufficient PCCD provided. Please provide letter of explanation to client and proof of receipt. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325445 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Zero percent tolerance exceeded with no cure nor valid change circumstance. |  |  | Reviewer Comment (2022-08-18): SitusAMC received xxxxxx Affidavit and COC for increase in fee.<br>Reviewer Comment (2022-08-12): SitusAMC received email from notary stating incorrect notary date. However, cannot accept just an email. Typically these types of issues are addressed with a xxxxxx Affidavit identifying the incorrect date that was completed by the notary and the correct date. Depending on the county, these are often recorded to augment the existing security instrument, but the security instrument is not re-recorded. The title company involved in the transaction can provide guidance for the specific county and complete as required by county. With the xxxxxx Affidavit completed by the Notary, we can alter the date for the compliance testing.<br>Reviewer Comment (2022-08-10): This is due to the Note date disclosed on the security instrument document is incorrect, note date xxxxxx and the notary date reflect xxxxxx on the security instrument. Fees are not testing properly. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26325448 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $24.70 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) | Zero percent tolerance exceeded with no cure nor valid change circumstance. |  |  | Reviewer Comment (2022-08-22): SitusAMC Received corrected PCCD dated xxxxxx along with LOE, Copy of check and Proof of mailing. |  | 08/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26357594 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Title commitment in file reflects 2 individuals on title; however, loan closed in only borrower's name. Please provide deed signed at closing removing the additional individual listed on the title commitment. |  |  | Reviewer Comment (2022-08-10): Quit Claim Deed provided. Cleared. | 08/10/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26357706 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The xxxxxx program requires a 0x30x12 housing history. Per the credit report, last payment date was 2/2022. Please provide evidence of the 3/22, 4/22, xxxxxx and xxxxxx mortgage payments to verify a 0x30x12 housing history. |  |  | Reviewer Comment (2022-08-04): The 3 most recent months for payments were provided | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26357821 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment Overdisclosed | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. (Final xxxxxx) | Final Closing Disclosure provided on xxxxxx disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. |  |  | Reviewer Comment (2022-07-28): Sufficient Cure Provided At Closing |  | 07/28/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26357822 | xxxxxx | xxxxxx | 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 $520.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) | Zero Percent Fee Tolerance exceeded. The CoC provided does not indicate why the appraisal fee was required to be increased. |  |  | Reviewer Comment (2022-08-10): After further review, exception has been cleared. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26533820 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | Scrivener's affidavit provided updating notary date to xxxxxx post review. The Final CD provided is not executed, therefore mailbox rule applied. Rescission starts the later of 3 events 1) Consummation 2) Receipt of the Rescission Notice or 3) Delivery of Material Disclosures (i.e included Final CD). |  |  | Reviewer Comment (2022-08-22): The signed final CD was provided. | 08/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | 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 B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | 26533821 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-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). | Scrivener's affidavit provided updating notary date to xxxxxx post review. The Final CD provided is not executed, therefore mailbox rule applied. Rescission starts the later of 3 events 1) Consummation 2) Receipt of the Rescission Notice or 3) Delivery of Material Disclosures (i.e included Final CD). |  |  | Reviewer Comment (2022-08-22): The signed final CD was provided. | 08/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | 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 B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | 26329488 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags reflecting on the fraud report that are high severity and red flags are yet to be addressed. |  |  | Reviewer Comment (2022-08-08): Evidence the red flags were addressed was provided. | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | 26330067 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The two Appraisals provided in file reflect xxxxxx as the report date, which is after consummation, provide appraisal report completed prior to consummation for both appraisals. |  |  | Reviewer Comment (2022-08-09): The preliminary appraisals were provided. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | 26463919 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-08-09): The client elects to waive. |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | 26463920 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-09): The client elects to waive. |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773105 | xxxxxx | 26333340 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-08-17): Articles of Org Amendment provided and filed 4/2022 changing name to xxxxxx Cert of good standing in file for dated 4/2022 for original name which is one in the same company.<br>Reviewer Comment (2022-08-08): The same documents were provided which are for a different LLC.<br>Reviewer Comment (2022-08-03): Please provide evidence that the LLC is set up and active with the State with the Articles of Organization. The Articles of Organization provided is for a different LLC. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773105 | xxxxxx | 26360205 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 1 is not completed. |  |  | Reviewer Comment (2022-08-03): Completed document provided<br>Reviewer Comment (2022-08-03): Nothing was found in trailing docs. | 08/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26333425 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-01): A fraud report was provided. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26333731 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  | Reviewer Comment (2022-08-01): A fraud report was provided. | 08/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26359981 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  | Part 1 grid and item #1 is not completed. Only notes the number of units in the entire project. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-14): The appraisal does not satisfy this condition. The questionnaire must be complete.<br>Reviewer Comment (2022-08-26): The rebuttal is not acceptable. The HOA questionnaire is a requirement and must be fully completed. Lender can request a waive from the investor. |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26360008 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HO6 does not reflect the Trust as insured. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-09): The document provided is dated post closing. Need the pre-close HO6 updated. |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26360058 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Does not reflect the Unit number |  |  | Reviewer Comment (2022-08-16): An updated Flood Cert was provided. | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773152 | xxxxxx | 26360065 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Questionable Occupancy: Valuation occupancy differs from occupancy on loan approval. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal reflects Owner Occupied. |  |  | Reviewer Comment (2022-09-06): Received Appraisal reflecting Tenant Occupied. Exception Cleared. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775492 | xxxxxx | 26364479 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Trust Agreement not provided |  | Provide the full trust. Only a review was provided. |  |  | Reviewer Comment (2022-08-10): A trust agreement was provided. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772434 | xxxxxx | 26330385 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331119 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The most recent two months of bank statements reflects checks paid in the same amount as the rent listed on the loan application; however, copies of the checks were not provided to verify they were in fact rent checks. There is no other documentation in the file to verify the borrower's required rent history. |  |  | Reviewer Comment (2022-08-04): rent checks provided | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331133 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The file contains an undisclosed debt notifications report; however, the report is dated xxxxxx which is not within the required 10 days of the closing. |  |  | Reviewer Comment (2022-08-08): UMD dates are sufficient.<br>Reviewer Comment (2022-08-04): The same document has been provided | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331566 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-07-28): Client elects to waive |  |  | 07/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331567 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.63520% or Final Disclosure APR of 7.69800% is in excess of allowable threshold of APOR 5.16% + 1.5%, or 6.66000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331568 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331570 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $500.00 exceeds tolerance of $450.00 plus 10% or $495.00. Insufficient or no cure was provided to the borrower. xxxxxx | The Recording Fee increased from $450.00 on the initial Loan Estimate to $500.00 on the Loan Estimate dated xxxxxx without a valid change of circumstance. which exceeds the 10% tolerance $5.00. Please note, there is a COC in the file dated xxxxxx that indicates the recording fee increased; however, a reason for the increase was not provided. |  |  | Reviewer Comment (2022-08-12): SitusAMC Received PCCD, LOE, Copy of check for the cure provided.<br>Reviewer Comment (2022-08-08): SitusAMC - 'Prelim HUD received & itemization updated to show updated fees' is not a valid reason for increase in recording fee. Please provide a COC that shows a valid reason stating how it affected the recording fee to increase or else cure documents are required. Cure docs consist of PCCD, LOE, copy of refund check & proof of mailing. Exception remains.<br>Reviewer Comment (2022-08-04): SitusAMC received COC dated xxxxxx indicating Recording fee increased to $500 on the loan & does not show a valid reason. No information on what change necessitated the increase in fee was provided. Additional information on the change is required to determine if fee can be rebaselined. Exception remains. |  | 08/12/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772434 | xxxxxx | 26331718 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The file contains the required Operating Agreement to verify the borrower's percentage of ownership of the business; however, the Operating Agreement is not signed or dated. |  |  | Reviewer Comment (2022-08-12): A signed Operating agreement was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771783 | xxxxxx | 26373731 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Un-executed CD only in file. |  |  | Reviewer Comment (2022-08-02): Final signed CD provided | 08/02/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374012 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL and Title Policy do not reflect the additional unit in the address of xxxxxx nor does the city match the Note. |  |  | Reviewer Comment (2022-08-09): Updated CPL, Final Title Policy provided. Added Unit #xxxxxx. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374044 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CD in file reflects personal debt paid through closing, which is ineligible for DSCR. |  |  | Reviewer Comment (2022-08-02): updated CD provided removing payment of personal debt. | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374052 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the mortgage lien paid through closing. There are bank statements in file with a $1,666.67/month and $2,208.34/month check payment highlighted, however there is no indication whom these checks were paid to or if it is tied to the subject property. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374274 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA do not reflect the City on the Note. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-09): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-03): The note does not need to be changed, please provide a corrected appraisal and CDA. |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374278 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The HO6 policy is missing the unit number. |  |  | Reviewer Comment (2022-08-09): H0-6 listing unit # provided. Cleared. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374281 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-08-09): Final Title Policy provided. | 08/09/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374282 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-08-02): updated commitment with corrected coverage provided | 08/02/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771783 | xxxxxx | 26374728 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The 1007 does not reflect long term rents. Further, the xxxxxx ledger in file does not appear to be for this property. This property is located in the xxxxxx area whereas the borrower also has a concurrent REO closing located in the xxxxxx area. Ledger in file appears to be for that property. |  |  | Reviewer Comment (2022-08-02): Property is located on xxxxxx | 08/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 772946 | xxxxxx | 26356212 | xxxxxx | xxxxxx | Credit | Security Instrument | Document Error | Security Instrument | The Security Instrument ARM Rider does not contain fallback language. | Index: SOFR 30 Day Average | The ARM Rider does not reflect a fall back Language. |  |  | Reviewer Comment (2022-08-04): The fallback language on the Rider is acceptable. | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26356290 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. |  |  |  | Reviewer Comment (2022-08-04): The client elects to waive. |  |  | 08/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26356291 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing disclosure not provided to the borrowers at least three business days prior to closing. |  |  | Reviewer Comment (2022-08-04): SitusAMC received Initial CD dated xxxxxx . | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26356292 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Only 1 CD in file and no cure provided for tolerance violation. |  |  | Reviewer Comment (2022-08-05): SitusAMC received updated LE with valid COC for the Loan discount point exceeds 0% tolerance.<br>Reviewer Comment (2022-08-04): SitusAMC upon further review, received LE xxxxxx , CD xxxxxx & COC dated xxxxxx . COC xxxxxx states Discount points increased from $1500 to $4500 due to rate extension. On LE xxxxxx Discount points $0 CD xxxxxx $4500. There isn't any document in loan file where Discount points is $1500. Please provide any missing xxxxxx or a valid COC. | 08/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26356294 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA | ARM Disclosure Timing Test | TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. | ARM Disclosure not provided to the borrowers within three business days of the application. |  |  | Reviewer Comment (2022-08-04): The initial ARM Disclosure was provided. | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26356295 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA | CHARM Booklet Disclosure Status | TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. | Charm Booklet not provided to the borrowers. |  |  | Reviewer Comment (2022-08-12): An attestation letter from the borrower stating they received a CHARM booklet within 3 days of application was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772946 | xxxxxx | 26357123 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Current Balance was not provided | Credit Report: Original // Liability Type: Installment / Current Balance: xxxxxx / Line Limit: xxxxxx | The document provided for the Solar City debt does not reflect a balance on the account both on the document and credit report. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-08-04): The client elects to waive with comp factors. |  |  | 08/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | 26349024 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No Evidence in file. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | 26349025 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | No Evidence in file. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | 26349265 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Client Grade not met for FTHB. |  | FTHB Purchasing Investment Property. Lender exception request in file; however, all exception requests must come from Investor | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Reviewer Comment (2022-08-05): Comp factors used to waive exception |  |  | 08/05/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | 26427168 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-10): cleared | 08/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | 26469540 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Email shows Appraisal provided on xxxxxx , however report date is xxxxxx |  |  | Reviewer Comment (2022-08-30): Client elects to waive |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | 26349312 | xxxxxx | xxxxxx | 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. |  | The preliminary title is within xxxxxx, and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. |  |  | Reviewer Comment (2022-08-04): Cleared | 08/04/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C A B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | 26349602 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation | TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-699.00. (9300) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-08-04): SitusAMC received valid changed circumstance. | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | 26349603 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-08-04): SitusAMC received valid COC dated xxxxxx . | 08/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772114 | xxxxxx | 26350087 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | A new scored report dated prior to closing is required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>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. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-09): The client elects to waive with comp factors<br>Reviewer Comment (2022-08-04): A new credit report with scores is required |  |  | 08/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772114 | xxxxxx | 26385295 | xxxxxx | xxxxxx | 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 (2022-08-05): A supplemental report with the updated policy amount was provided. | 08/05/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772114 | xxxxxx | 26385333 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a mortgage lien on title, item #7, that was not addressed nor paid through closing. |  |  | Reviewer Comment (2022-08-05): A supplemental report advising that item #7 on title was eliminated was provided | 08/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774926 | xxxxxx | 26363192 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Lender on Appraisal differs from Note, however an appraisal transfer letter was not provided in the loan file. |  |  | Reviewer Comment (2022-08-18): client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363194 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Missing CPA letter or other third party verification that borrower is 100% owner of business and that business has been in existence for at least two years. |  |  | Reviewer Comment (2022-08-26): CPA letter dated prior to closing and Articles of Org dated prior to closing provided. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363397 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit report Gap. |  |  | Reviewer Comment (2022-08-29): Credit Report-Gap received on xxxxxx was associated. Exception cleared. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363438 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Missing evidence of access to funds. |  |  | Reviewer Comment (2022-08-26): CPA letter dated prior to closing and Articles of Org dated prior to closing provided. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363539 | xxxxxx | xxxxxx | 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. | The Lender on Appraisal differs from Note, however an appraisal transfer letter was not provided in the loan. |  |  | Reviewer Comment (2022-08-18): client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363540 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.06635% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.06635%). |  |  |  | Reviewer Comment (2022-08-18): client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363541 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to missing CPA letter or other third party verification that borrower is 100% owner of business and that business has been in existence for at least two years. |  |  | Reviewer Comment (2022-08-26): CPA letter dated prior to closing and Articles of Org dated prior to closing provided. | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363542 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx Access Control/Bank Statements) | Due to missing CPA letter or other third party verification that borrower is 100% owner of business and that business has been in existence for at least two years. |  |  | Reviewer Comment (2022-08-26): CPA letter dated prior to closing and Articles of Org dated prior to closing provided. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363543 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to missing CPA letter or other third party verification that borrower is 100% owner of business and that business has been in existence for at least two years. |  |  | Reviewer Comment (2022-08-26): CPA letter dated prior to closing and Articles of Org dated prior to closing provided. | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774926 | xxxxxx | 26363544 | xxxxxx | xxxxxx | 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 Attorney's Fee (Closing Agent and Other). Fee Amount of $175.00 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (7589) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-07-29): Sufficient Cure Provided At Closing |  | 07/29/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26356425 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to loan closing or anytime after closing. |  |  | Reviewer Comment (2022-08-08): A gap report was provided. | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357311 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.98512% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.98512%). |  |  |  | Reviewer Comment (2022-08-02): Client elects to waive |  |  | 08/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357330 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing the List of Homeownership Counseling Organizations with a dated list. |  |  | Reviewer Comment (2022-08-02): Client elects to waive |  |  | 08/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357331 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost Provision) Georgia High-Cost Loan (Counseling Requirement) | Georgia High-Cost Loan: No evidence that borrower received counseling on the advisability of the loan transaction. |  |  |  | Reviewer Comment (2022-09-12): Attorney Preference Disclosure provided. Loan is no longer a high cost loan.<br>Reviewer Comment (2022-08-29): The cure documents provided were for the lender's credit tolerance violation. This is separate from the xxxxxx points and fees violation. Cure provisions: Within 90 days of loan closing and prior to receiving notice from the Borrower: offer restitution and make appropriate adjustments.<br>Reviewer Comment (2022-08-24): This condition is not asking for the homeownership counseling list. We need evidence that borrower received counseling on the advisability of the loan transaction.<br>Reviewer Comment (2022-08-05): Evidence the borrower received counseling on the advisability of the loan transaction was not found. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | See any available cure under the Georgia High Cost Loan threshold exception. B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357332 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) Georgia High-Cost Loan (Fair Lending Notice Not on Note and/or Security Instrument) | Georgia High-Cost Loan: Required GFLA Notice is not displayed on all documents that create a debt or pledge property as collateral. |  |  |  | Reviewer Comment (2022-09-12): Attorney Preference Disclosure provided. Loan is no longer a high cost loan.<br>Reviewer Comment (2022-08-29): The cure documents provided were for the lender's credit tolerance violation. This is separate from the xxxxxx points and fees violation. Cure provisions: Within 90 days of loan closing and prior to receiving notice from the Borrower: offer restitution and make appropriate adjustments.<br>Reviewer Comment (2022-08-24): A xxxxxx Affidavit cannot be used to clear this condition. The documents would need to be re-signed with the correct GFLA Notice. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | See any available cure under the Georgia High Cost Loan threshold exception. B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357333 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost) Georgia High-Cost Loan (Points and Fees) | Georgia Fair Lending Act: Points and Fees on subject loan of 5.18161% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total xxxxxx on a Total Loan Amount of xxxxxx vs. an allowable total of xxxxxx (an overage of xxxxxx or .18161%). Non-Compliant High-Cost Loans. |  |  |  | Reviewer Comment (2022-09-12): Attorney Preference Disclosure provided. Loan is no longer a high cost loan.<br>Reviewer Comment (2022-09-01): Cure amount is $769.01. Cure provisions are below for xxxxxx State High Cost.<br>xxxxxx High-Cost<br> • Within 90 days of closing and prior to receiving notice from the borrower about the failure, offer restitution and make appropriate adjustments.<br> • In short, the required cure documentation that would be expected of lender or assignee, within 90 days of closing, would include: <br> 1. LOE to borrower explaining restitution<br> 2. Copy of refund check <br> 3. Proof of delivery to borrower (e.g., xxxxxx label)<br>Reviewer Comment (2022-08-29): The cure documents provided were for the lender's credit tolerance violation. This is separate from the xxxxxx points and fees violation. Cure provisions: Within 90 days of loan closing and prior to receiving notice from the Borrower: offer restitution and make appropriate adjustments.<br>Reviewer Comment (2022-08-23): Cure documents were not provided for this condition. Cure documents uploaded reference lender credits and tolerance cures. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Within 90 days of loan closing and prior to receiving notice from the borrower: (a) offer restitution and make appropriate adjustments; or (b) to correct failure related to financing of insurance, make appropriate restitution by returning premiums paid plus interest charged on the premiums upon receipt of the notice of compliance failure.<br>(Narrow Defense - Requires approval by CHD)<br> Within 90 days of discovery, which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how high-cost loan was made despite procredures to prevent); (2) notify the borrower, and (3) make appropriate restitution/adjustments to the loan. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26357334 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | Final CD dated xxxxxx added a Document Preparation Fee in section B for $128.50 which was not included in the Total of Payment amount on the CD dated xxxxxx . The loan closed on xxxxxx . |  |  | Reviewer Comment (2022-08-29): SitusAMC received Letter of Explanation, Copy of cure refund, proof of mailing & Corrected Closing Disclosure.<br>Reviewer Comment (2022-08-22): Exception Detail Updated from: TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx <br>Reviewer Comment (2022-08-22): SitusAMC received Corrected CD, LOE to borrower and copy of cure refund. Missing proof of mailing in order to finalize cure. |  | 08/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | 26363163 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,609.75 exceeds tolerance of $1,696.00 plus 10% or $1,865.60. Insufficient or no cure was provided to the borrower. xxxxxx | Final CD reflects $775 attorney fee that was not disclosed on LE. |  |  | Reviewer Comment (2022-08-29): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-08-22): SitusAMC received PCCD, LOE and copy of refund check for $743.71 however we still require cure of $0.44 as the total cure required for 10% is $744.15. Please provide additional cure and also provide proof of mailing as it is missing. |  | 08/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773579 | xxxxxx | 26358083 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-06): CDA received<br>Reviewer Comment (2022-08-04): A CDA order will be placed. | 08/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773579 | xxxxxx | 26397997 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Preliminary <br> State: HI |  |  |  | Reviewer Comment (2022-08-09): A letter from the title agent reflecting the correct loan amount was provided. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773583 | xxxxxx | 26357585 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-08-12): A xxxxxx business search reflects the LLC is active.<br>Reviewer Comment (2022-08-09): No trailing docs were found. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773583 | xxxxxx | 26399613 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HO6 policy (not Hurricane HO6) does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-08-15): Updated HO6 provided<br>Reviewer Comment (2022-08-12): An updated HO6 policy was not found. | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773584 | xxxxxx | 26363365 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-06): CDA received<br>Reviewer Comment (2022-08-04): A CDA order will be placed. | 08/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773584 | xxxxxx | 26400539 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Both the primary dwelling and hurricane HO6 policies reflect the incorrect unit number. Reflects xxxxxx vs xxxxxx. |  |  | Reviewer Comment (2022-09-07): Received Policy with the correct Units. Exception Cleared.<br>Reviewer Comment (2022-08-25): Primary dwelling HO6 policy received showing correct xxxxxx.<br> Please provide hurricane policy (annual premium $161) showing correct xxxxxx . Exception Remains | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773584 | xxxxxx | 26400543 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Commitment <br> State: HI |  |  |  | Reviewer Comment (2022-08-09): Evidence of coverage amount with Letter was provided. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773584 | xxxxxx | 26400680 | xxxxxx | xxxxxx | Credit | Collateral | Missing/Incorrect | Collateral | Missing document: Lease on leasehold property is not in file |  | Provide the Ground Rent Lease. |  |  | Reviewer Comment (2022-08-09): The ground lease was provided. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773585 | xxxxxx | 26358418 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-08-15): COGS provided<br>Reviewer Comment (2022-08-09): No additional documents received. please try resending. | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773585 | xxxxxx | 26401477 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HO6 policy (not Hurricane HO6) does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-08-17): Updated HOI received<br>Reviewer Comment (2022-08-15): Cleared in error. Only the blanket policy was provided. The condition is stating the HO6 policy provided (not the hurricane HO6, but the dwelling HO6) does not reflect the Borrowing Entity as insured.<br>Reviewer Comment (2022-08-15): COGS provided<br>Reviewer Comment (2022-08-11): please provide the updated HO-6 policy | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 773588 | xxxxxx | 26353542 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Preliminary <br> State: HI |  |  |  | Reviewer Comment (2022-08-09): Received | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773588 | xxxxxx | 26359762 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-06): CDA received<br>Reviewer Comment (2022-08-04): A CDA order will be placed. | 08/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 773589 | xxxxxx | 26359838 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-06): CDA received<br>Reviewer Comment (2022-08-04): A CDA order will be placed. | 08/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 775408 | xxxxxx | 26358397 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | Missing Title final . |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775408 | xxxxxx | 26358518 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | The Title Policy Coverage amount is insufficient. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-08-02): Comp factors considered to waive exception. | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775408 | xxxxxx | 26358574 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Missing Evidence of access to fund for xxxxxx joint tenant account. |  |  | Reviewer Comment (2022-08-05): Access letter was provided. | 08/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26357438 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-08-10): 1008 with underwriter name provided.<br>Reviewer Comment (2022-08-04): The 1008 provided does not reflect the xxxxxx me | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26357697 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-10): Post close report provided.<br>Reviewer Comment (2022-08-04): 617 pages uploaded to trailing documents, however these did not contain the gap credit report or UDM. Fraud Report does not reflect UDM either. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26358003 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.44708% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .44708%). |  |  |  | Reviewer Comment (2022-08-02): Client elects to waive |  |  | 08/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26358004 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-08-02): Client elects to waive |  |  | 08/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26358006 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $725.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-07-28): Sufficient Cure Provided At Closing |  | 07/28/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26358007 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $165.00 exceeds tolerance of $150.00. Sufficient or excess cure was provided to the borrower at Closing. (75106) |  |  |  | Reviewer Comment (2022-07-28): Sufficient Cure Provided At Closing |  | 07/28/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | 26358024 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance Policy reflects the subject city as xxxxxx however, the Note reflects the subject city as xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-11): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-10): Please have the address updated.<br>Reviewer Comment (2022-08-04): 617 pages of trailing documents uploaded. The HOI provided was in file at time of review and still reflects the incorrect City. |  |  | 08/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | 26363098 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. |  |  | Reviewer Comment (2022-08-08): Evidence of EDM on the fraud report was provided. | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | 26363133 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The Verification of Rent in the loan file is incomplete. Any VOR completed by a private party or any non-institutional landlord must be supported by alternative documentation showing the most recent 6-month history (cancelled checks, rental statements including payment history, etc.). |  |  | Reviewer Comment (2022-08-08): The landlord on the VOR is an institutional landlord. | 08/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | 26363846 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.48 is less than Guideline PITIA months reserves of 6.00. |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years. |  | Reviewer Comment (2022-08-29): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-25): Cash to close is calculated as funds to close + EMD + POCB fees + any adjustments/1031/gift funds on the HUD/CD. Verified funds from accounts #3127, 3963 and 8325 + EMD is $90,091.26. After total cash to close, remaining reserves are $7,681.70. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | 26364106 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.01968% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.01968%). |  |  |  | Reviewer Comment (2022-08-03): Client elects to waive |  |  | 08/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26363366 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance. |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-22): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-22): Evidence of policy number was not found. |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26363390 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance Policy reflects the property address as xxxxxx; however, the Note reflects the property address as xxxxxx. |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26363392 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certificate reflects the property address as xxxxxx however, the Note reflects the property address as xxxxxx |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26363396 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Appraisal Report reflects the property address as xxxxxx however, the Note reflects the property address as xxxxxx |  |  | Reviewer Comment (2022-08-22): A corrected Note was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26363400 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx 4506-C (2020), 4506-C (2021) | The 4506-C Section 8: Year or period requested is not completed. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | 26582071 | xxxxxx | xxxxxx | Credit | System | General | System | Security Instrument address does not match Note address. |  | A corrected Mortgage, LOE to the borrower, Letter of intent to re-record, and proof of delivery are required. |  |  | Reviewer Comment (2022-09-16): Security Instrument received address matches Note address. Exception Cleared | 09/16/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | 26364538 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Official Check not provided |  | The borrower received gift funds of $20,000 provided at closing. The guidelines require a copy of the certified check, cashier's check or other official check when the gift funds are provided to the settlement agent. The file is missing a copy of the required official check. |  |  | Reviewer Comment (2022-08-09): Received | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | 26364907 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.63060% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.63060%). |  |  |  | Reviewer Comment (2022-08-03): Client elects to waive |  |  | 08/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | 26364932 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Third Party Verification | The guidelines require verification of two year history of self-employment. The only documentation in the file that confirms at least 2 years of employment is the Business Narrative; however, it is completed by the borrower; therefore, is not sufficient to verify the employment history. Third party documentation or an updated CPA letter is required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-11): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-09): Document received is dated xxxxxx , which is after the Note date. Need documentation dated prior to Note date to clear condition. |  |  | 08/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | 26371494 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-08): The final title policy was provided.<br>Reviewer Comment (2022-08-03): Client elects to waive | 12/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | 26371511 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Collections / Balance: 20389.00 |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-03): Client elects to waive |  |  | 08/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | 26371538 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-12-08): The final title policy was provided. | 12/08/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | 26368832 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The file contains a credit refresh pull dated xxxxxx which is not within 10 days of the loan closing. |  |  | Reviewer Comment (2022-08-12): A current credit report was provided for the gap report. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | 26369000 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | The Borrower's Final Closing Disclosure and the Seller's Closing Disclosure do not reflect any seller paid fees. |  |  | Reviewer Comment (2022-08-12): SitusAMC received confirmation of seller fees on final settlement statement.<br>Reviewer Comment (2022-08-11): Estimated Closing statement reflects that there may have been seller paid costs as noted on Commission to xxxxxx. Please provide either a Corrected CD and LOE to borrower reflecting seller paid costs (such as the commission noted), Final Seller CD or a Final Settlement Statement to confirm seller paid costs. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | 26369001 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 4,800.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | The final Closing Disclosure reflects the Non-Escrowed Property Costs Over Year 1 as $4,800; however, the HOA Dues are $109 per month therefore are $1,308 per year. |  |  | Reviewer Comment (2022-08-03): Client elects to waive |  |  | 08/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774636 | xxxxxx | 26372035 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $572,852.26 is less than Cash From Borrower $573,341.47. |  |  |  | Reviewer Comment (2022-08-12): PC CD and Final SS provided. Cash to close requirements met.<br>Reviewer Comment (2022-08-11): The verified funds are now short by $489.21.<br>Reviewer Comment (2022-08-10): Please provide proof of fees POC via invoice.<br>Reviewer Comment (2022-08-09): these amounts are being used as cash to close and the borrower is still short. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384689 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing credit gap. |  |  | Reviewer Comment (2022-08-09): provided | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384875 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Borrower's DTI exceeds guideline allowable maximum of 45% due to the income provided per documentation. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384876 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 49.74835% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Borrower's DTI exceeds guideline allowable maximum of 45% due to the income provided per documentation. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384877 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $50.00 exceeds tolerance of $35.00 plus 10% or $38.50. Insufficient or no cure was provided to the borrower. xxxxxx | Ten Percent Tolerance exceeded. |  |  | Reviewer Comment (2022-08-12): SitusAMC Received PCCD, LOE, Copy of check for the cure provided. |  | 08/12/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384879 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Notice to right to cancel was not provided in the loan file. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26384998 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Missing Approval. |  |  | Reviewer Comment (2022-08-09): Provided | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26385004 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided |  | Missing 1008. |  |  | Reviewer Comment (2022-08-09): Provided | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26385030 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 49.74835% exceeds Guideline total debt ratio of 45.00000%. | Borrower's DTI exceeded guideline allowable maximum of 45%, this is due to the borrower's income. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26385141 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower's DTI exceeds guideline allowable maximum of 45% for a first time home buyer. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | 26428480 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower currently renting while the subject property was being built. Provide housing payment history for primary residence noted on the application. Without a complete 12 month rental housing history verified, the maximum DTI ratio is 43%. |  |  | Reviewer Comment (2022-08-09): Cleared | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26394986 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-19): Gap report provided<br>Reviewer Comment (2022-08-11): Gap report needs to be dated within 10 days prior to closing or anytime thereafter. Also, it should be noted the supplemental report is not a gap credit report as it only is an update to 1 mtg tradeline. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26399199 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 569 is less than Guideline representative FICO score of 580. | FICO score of 569 is less than Guideline representative FICO score of 580. | Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Comp factors used to waive exception. | Reviewer Comment (2022-08-05): Lender exception request in file; however, all exception requests must come from Investor |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26399232 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.98961% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.98961%). |  |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26399233 | xxxxxx | xxxxxx | 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 xxxxxx) | Provided date is xxxxxx However borrower signed received same date. |  |  | Reviewer Comment (2022-08-11): SitusAMC received initial CD dated xxxxxx . | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26401310 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 51.39066% exceeds Guideline total debt ratio of 50.00000%. | The 5% payment of unpaid collections affect DTI, since there are insufficient reserves to cover the charge-off balances. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Comp factors used to waive exception. | Reviewer Comment (2022-08-16): Comp factors used to waive exception<br>Reviewer Comment (2022-08-15): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 65.50016% exceeds Guideline total debt ratio of 50.00000%. |  |  | 08/16/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26401319 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. |  |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26401320 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 65.50016% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) |  |  |  | Reviewer Comment (2022-08-15): Exception updated once collection accounts excluded from reserves. | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26401327 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The 5% payment of unpaid collections affect DTI, since there are insufficient reserves to cover the charge-off balances. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | 26502018 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.39066% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The borrower does not have sufficient assets to exclude all of the open collections/charge-offs, Excluding all open collections, except the Lending Club account, from the available reserves, the DTI is 51.39066%, which exceeds the guideline maximum of 50%. | Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Comp factors used to waive exception. | Reviewer Comment (2022-08-16): Comp factors used to waive exception |  |  | 08/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | 26399658 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-08-09): Received | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | 26400830 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeowners Counseling Organization list not provided. |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | 26401560 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 37,241.76 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | The HOA due verified on Appraisal is $600.00 monthly, and the HOA dues on the consumer CD is $37,241.76 per year, which does not match to the non-escrow property cost over year 1. |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | 26438723 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Income review completed. Please note that NSF's exceed guidelines, an exception request submitted. Lender exception request in file; however, all exception requests must come from Investor | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | Comp factors used to waive exception. | Reviewer Comment (2022-08-05): Lender exception request in file; however, all exception requests must come from Investor |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | 26395173 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | 26395182 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | 26396300 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | 26444354 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower purchased subject property 2 months prior to this transaction and VOM was provided for subject property; however, guidelines require 0x30x12 housing history. Please provide prior housing history to complete 12 month requirement. |  |  | Reviewer Comment (2022-08-10): Living rent free letter provided | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | 26444822 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date xxxxxx , Note Date xxxxxx | Blanket project policy expired xxxxxx , which is 3 days prior to date of consummation. Please provide updated blanket project policy. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26396248 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397698 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397699 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.60340% or Final Disclosure APR of 8.63200% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-12): The original appraisal with proof of delviery was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397700 | xxxxxx | xxxxxx | 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. | An acknowledgement of receipt of appraisal not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397701 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained prior to consummation. | An acknowledgement of receipt of appraisal not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-08-12): The original appraisal with proof of delviery was provided.<br>Reviewer Comment (2022-08-10): please provide the original appraisal dated prior to closing. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397702 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgement of receipt of appraisal not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397703 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.95801% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .95801%). |  |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26397705 | xxxxxx | xxxxxx | 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 TX Guaranty Fee. Fee Amount of $2.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77222) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-08-12): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD. |  | 08/12/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26398798 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Lender on Appraisal differs from Note. The transfer letter was provided in file, but guidelines required letter of independence, which was missing from the loan file. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Comp factors used to waive exceptions. | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26399242 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 670 is less than Guideline representative FICO score of 680. | Borrower is a First Time Home buyer and the minimum FICO of 670 is less than guideline required minimum. Lender exception request in file; however, all exception requests must come from Investor | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Comp factors used to waive exceptions. | Reviewer Comment (2022-08-05): Lender exception request in file; however, all exception requests must come from Investor |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26439144 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Exception for mulitple NSF, exceeding 5 occurrences in past 12 months. Borrower has 9. LOE in file. Lender exception request in file; however, all exception requests must come from Investor | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Comp factors used to waive exceptions. | Reviewer Comment (2022-08-05): Lender exception request in file; however, all exception requests must come from Investor |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | 26474431 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Appraisal in file is dated xxxxxx , but receipt is xxxxxx . please provide the original appraisal |  |  | Reviewer Comment (2022-08-12): The client elects to waive. |  |  | 08/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774639 | xxxxxx | 26398103 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-12): A gap report was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774639 | xxxxxx | 26398770 | xxxxxx | xxxxxx | 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 xxxxxx) | No Evidence borrower received CD xxxxxx in file |  |  | Reviewer Comment (2022-08-12): SitusAMC received Loan History Details for CD dated xxxxxx . | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | 26397418 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | 26399721 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-16): CDA provided | 08/16/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | 26445725 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Transaction Error: Outstanding liens were not paid at closing. |  | Per the title commitment provided, Item Number 3 reflects a mortgage dated xxxxxx in the amount of $942,000 that was not paid off or addressed at closing. Please provide evidence this was paid. |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | 26446047 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | 26398220 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Missing a copy of the Revocable Living Trust. |  |  | Reviewer Comment (2022-08-11): Received certification of trust.<br>Reviewer Comment (2022-08-11): Missing trust agreement. | 08/11/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | 26399684 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-11): Cleared | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | 26400760 | xxxxxx | xxxxxx | 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 xxxxxx) | The CD dated xxxxxx was not signed so the 3 day mail method was used to calculate the Borrowers reciept date. Calculated reciept date is xxxxxx . The loan closed on xxxxxx . |  |  | Reviewer Comment (2022-08-12): SitusAMC Received evidence the initial CD was received by both the borrower on xxxxxx . | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773221 | xxxxxx | 26387402 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-08-10): Updated Preliminary Title provided with corrected loan amount. | 08/10/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773221 | xxxxxx | 26438181 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence or evidence free and clear. Further, provide the VOM for the subject property. |  |  | Reviewer Comment (2022-08-10): Subject and primary history present on Credit Report 0x30 past 12 mos. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773221 | xxxxxx | 26438188 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Judgments on borrower's background check not addressed: $xxxxxx #xxxxxx, $xxxxxx #xxxxxx, $xxxxxx #xxxxxx, and $xxxxxx #xxxxxx. |  |  | Reviewer Comment (2022-08-23): Satisfaction of liens was provided.<br>Reviewer Comment (2022-08-16): Per guidelines, all open judgments, garnishments, and all outstanding liens must be paid off prior to or at loan closing. An exception waiver will need to be granted.<br>Reviewer Comment (2022-08-10): Judgments on borrower's background check not addressed on document provided.: $23,898 #0210, $804,063 #3326, $10,000 #3581, and $10,000 #3585. Exception remains. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773221 | xxxxxx | 26438256 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Item #4 on the Note reflects a PPP rider, however a PPP rider was not provided in the loan file. If loan closed with out a PPP, please provide the lender's attestation to this. |  |  | Reviewer Comment (2022-08-10): Confirmation loan did not close with Prepayment Penalty provided. Cleared. | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773221 | xxxxxx | 26438379 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The borrower's second lien on title and being paid off through closing was modified and reflects late payments per the credit report. Modification is < 24 months old. Investor exception required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-09): Mod docs do not clear this condition. The last modification and reaffirmation was xxxxxx which is < 24 months old. Investor exception is required.<br>Reviewer Comment (2022-08-16): An investor exception was not found. |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771967 | xxxxxx | 26384823 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | TheZero matrix reflects the maximum LTV allowed for a purchase with a DSCR <1.00 is 70%. The loan closed with an LTV of 75%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<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. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Reviewer Comment (2022-08-10): Comp factors used to waive exception |  |  | 08/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771967 | xxxxxx | 26385049 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The file contains a private verification of rent. The guidelines require any VOR completed by a private individual to be supported by alternative documentation showing the most recent 6 months processed check to validate payment history. The file does not contain the required alternative documentation. The file contains a lender exception. Must be approved by the investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<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. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Reviewer Comment (2022-08-10): Comp factors used to waive exception |  |  | 08/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771967 | xxxxxx | 26443123 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | A PPP rider was provided executed by the borrower which does not reflect a % for prepaid amount. The HUD-1 in file reflects closed without a PPP. Provide the cancelled PPP rider, LOE to borrower, and evidence of delivery to the borrower. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<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. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Reviewer Comment (2022-08-29): The client elects to waive with comp factors. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26394294 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Dwelling Policy – (Building coverage minimum is the unpaid principal balance). The guidelines do not state that 100% of replacement cost verbiage is acceptable in lieu of guideline requirements for FL. | The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-02): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-25): The loan file does not contain an RCE. Please provide increased HOI coverage or an RCE. |  |  | 09/02/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26394429 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $10,000.00 is less than Cash From Borrower $156,660.37. | Provide evidence of ownership in xxxxxx. |  |  | Reviewer Comment (2022-08-25): Received evidence of access to funds. | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26394543 | xxxxxx | xxxxxx | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Exception: |  | Appraisal was not completed in lender's name. Lender exception provided. |  |  | Reviewer Comment (2022-08-25): Ok to proceed with the appraisal available in file , letter received , Exception Cleared | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26394558 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.06 is less than Guideline PITIA months reserves of 6.00. | Provide evidence of ownership in xxxxxx | The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-02): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-25): Received evidence of ownership; however, reserve requirement still not met.<br>Reviewer Comment (2022-08-25): Exception Explanation Updated from: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  |  | 09/02/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26446579 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided |  | Provide the active policy. The full premium of $1,009 on the quote was not paid on the Final Settlement Statement. |  |  | Reviewer Comment (2022-08-25): Received Flood Insurance Policy and Final Closing statement , Exception Cleared | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26446609 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Flood Insurance Application does not reflect the correct City. | The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-26): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-25): Flood Insurance Does not reflect complete Address as Note. Note reflects city as xxxxxx however flood insurance reflect just xxxxxx. Exception Remains. |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775935 | xxxxxx | 26446615 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | The CDA does not reflect the correct City. | The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-26): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-25): CDA Does not reflect complete Address as Note. Note reflects city as xxxxxx however CDA reflect just xxxxxx. Exception Remains. |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773860 | xxxxxx | 26401212 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | All Red Flags were not addressed on the Fraud Report. |  |  | Reviewer Comment (2022-08-10): Cleared | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773860 | xxxxxx | 26401706 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | The Borrower signed the Three Day Appraisal Delivery Waiver. |  |  | Reviewer Comment (2022-08-05): Client elects to waive |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773860 | xxxxxx | 26442046 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 84.99349% exceeds Guideline loan to value percentage of 80.00000%. | Lender exception request in file; however, all exception requests must come from Investor | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area. | Comp factors used to waive exception. | Reviewer Comment (2022-08-05): Lender exception request in file; however, all exception requests must come from Investor |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26456732 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-08-16): Received | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26456733 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-16): Received | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457513 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457514 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.95290% or Final Disclosure APR of 7.96100% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-16): received appraisal delivery email | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457515 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-08-16): received appraisal delivery email | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457517 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457518 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457519 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.95290% or Final Disclosure APR of 7.96100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.51000 + 1.75%, or 7.26000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26457532 | xxxxxx | xxxxxx | 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 Underwriting Fee. Fee Amount of $1,495.00 exceeds tolerance of $1,195.00. Insufficient or no cure was provided to the borrower. (73196) | Zero Percent Fee Tolerance exceeded |  |  | Reviewer Comment (2022-08-22): SitusAMC Received cancellation letter therefore no cure required.<br>Reviewer Comment (2022-08-18): SitusAMC upon further review, received an attestation stating LE's dated xxxxxx & xxxxxx , 1003 xxxxxx is for a different loan file; however, Please provide Cancellation or Denial letter that the LE's & 1003 is for a different loan file.<br>Reviewer Comment (2022-08-17): SitusAMC There are two LE's in the file dated xxxxxx and xxxxxx with Loan ID (2022-3382035) Also Initial 1003 xxxxxx <br> also has the same Loan ID (2022-3382035). All other LE and CD's has same Loan ID (2022-3396017). Please provide cancellation or Denial Letter that this LE's and Initial Application is for different Loan File. Also we require Initial 1003 with Loan Originator Signature for Loan ID (2022-3396017) as no other copy of Initial 1003 available in the file. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26499030 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Housing history reflects lates that do not meet guidelines |  | Per the credit report, borrower is currently 90 days past due on an open mortgage, which does not meet the guideline requirement of 0x90x12 for a cash-out refinance on the xxxxxx program. Investor exception request in file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2.5 times amount required. | Reviewer Comment (2022-08-15): Waived with compensating factors per investor exception request in file. |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | 26499114 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-08-22): Updated preclose policy provided<br>Reviewer Comment (2022-08-16): The updated HOI provided reflects an effective date of xxxxxx , which is after subject Note date of xxxxxx . Please provide HOI with an effective date on or before subject note date, reflecting Lender or Servicer and its successors and assigns, per guideline requirements | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775655 | xxxxxx | 26404414 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Personal not provided |  | Missing Personal Account Statements. |  |  | Reviewer Comment (2022-08-12): A business bank statement was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404491 | xxxxxx | xxxxxx | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | Missing the Appraisal. |  |  | Reviewer Comment (2022-08-11): Provided | 08/11/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404493 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  | Missing the 1007 Rent Comparison Schedule. |  |  | Reviewer Comment (2022-08-11): Provided | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404529 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx | Missing the Fraud Report for the Borrowers. |  |  | Reviewer Comment (2022-08-11): Cleared | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404555 | xxxxxx | xxxxxx | 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: xxxxxx<br> Disaster Declaration date: xxxxxx <br> Disaster End date: xxxxxx | Missing the Appraisal. |  |  | Reviewer Comment (2022-08-11): Cleared | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404557 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing.; Sec ID: 1 | Note date: xxxxxx ; Lien Position: 1 | Missing the Appraisal. |  |  | Reviewer Comment (2022-08-11): Cleared | 08/11/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404631 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx 1040 (2021) | Missing the YTD P&L Statement for the Self Employed Income for the Co-Borrower and signed 1040s for 2021. |  |  | Reviewer Comment (2022-08-15): Received<br>Reviewer Comment (2022-08-15): Exception Explanation Updated from: 1040 (2021), P&L Statement<br>Reviewer Comment (2022-08-11): P&L received, missing signed 1040. | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26404746 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 77.84319% exceeds Guideline total debt ratio of 50.00000%. | The DTI ratio exceeds Guidelines. Per the 1008, rental income was used for the subject property; however, the comparable rent schedule and/or leases were not provided. |  |  | Reviewer Comment (2022-08-11): Cleared | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | 26452784 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-08-11): cleared | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776145 | xxxxxx | 26399360 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | DSCR < 1.00, for FICO 660+ and loan amount xxxxxx, max LTV is 65% for xxxxxx Lender exception provided. Must be approved by the investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-10): Comp factors used to waive exception |  |  | 08/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776145 | xxxxxx | 26444959 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | A PPP rider was provided executed by the borrower which does not reflect a % for prepaid amount. The HUD-1 in file reflects closed with a PPP. Provide the corrected and executed PPP rider, LOE to borrower, and evidence of delivery to the borrower. |  |  | Reviewer Comment (2022-08-15): cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776145 | xxxxxx | 26445036 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Guideline Issue: Insufficient tradelines per credit guidelines |  | For loans when the primary borrower has three credit scores, the minimum tradeline requirements must be met:<br> • At least three (3) tradelines reporting for a minimum of 12 months, with activity in the last 12 months, or<br> • At least two (2) tradelines reporting for a minimum of 24 months, with activity in the last 12 months. Collections and Authorized User accounts cannot be considered. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-10): Comp factors used to waive exception |  |  | 08/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776145 | xxxxxx | 26445062 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Lender exception in file. Must be approved by the investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-10): Comp factors used to waive exception |  |  | 08/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776145 | xxxxxx | 26445216 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | The insurance coverage should reflect one of the following:<br> • 100% of the insurable value of the improvements, as established by the property insurer<br> o Provide explicit evidence of guaranteed replacement cost coverage, or<br> o Provide a replacement cost estimator to evidence adequate dwelling coverage<br> • the unpaid principal balance of the mortgage, if it's at least 80% of the insurable value of the improvements on a replacement cost basis. | 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. | 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. | Reviewer Comment (2022-08-18): Client elects to waive with Compensating Factors.<br>Reviewer Comment (2022-08-15): all exception requests must come from the investor<br>Reviewer Comment (2022-08-12): The investor provided us with guidelines dated 4.2022 and matrix dated 8/2022 to utilize for this loan. The DD firm does not have 7.2022 guidelines. The lender can request the investor waive. |  |  | 08/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771512 | xxxxxx | 26402486 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26402487 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.65152% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .65152%). |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26402884 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Insurance Verification, Statement | Missing evidence of full PITIA on following REOs: xxxxxx additional REO on xxxxxx and xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-23): Please see seller comments below. DD firm has not waived this condition for the REOs disclosed on the 1003.<br>Reviewer Comment (2022-08-17): Exception Detail Updated from: Address: xxxxxx Address: xxxxxx Address: xxxxxx<br> Exception Explanation Updated from: Insurance Verification, Statement<br> Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement<br>Reviewer Comment (2022-08-17): Still need: mortgage statement and HOI for xxxxxx. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26405913 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-12): The final title policy was provided. | 08/12/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26449623 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Missing deed from seller to our borrower and intraspousal deed, as borrower is married and taking title as sole and separate property. |  |  | Reviewer Comment (2022-08-12): Grant Deed and Interspousal Individual Grant Deed were provided. | 08/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26450277 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-19): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-17): Reviewed documents received. The following are still required and missing: Mortgage statement and HOI for xxxxxx and tax verification for the additional REO on xxxxxx. |  |  | 08/19/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771512 | xxxxxx | 26450418 | xxxxxx | xxxxxx | 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 (2022-08-12): The final title policy was provided. | 08/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26394623 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-08-12): The final title policy was provided. | 08/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26425969 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Missing deed from seller to our borrower and intraspousal deed, as borrower is taking title as sole and separate property. |  |  | Reviewer Comment (2022-08-12): The Grant and Interspousal Deeds were provided. | 08/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26426521 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-12): The final title policy was provided. | 08/12/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26426557 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx, Address: xxxxxx Address: xxxxxx Address: xxxxxx Address: xxxxxx Address: xxxxxx Insurance Verification, Statement<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification<br> Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement, Tax Verification<br> Insurance Verification, Statement, Tax Verification | Following REO documents are required and missing: xxxxxx: Mortgage statement second lien and HOI; xxxxxx - HOI; Proof of PITIA on new properties purchased on xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-18): Client elects to waive with Compensating Factors.<br>Reviewer Comment (2022-08-17): Reviewed documents received. Following documents are still missing and required: Statement and HOI for xxxxxx and tax verification for the additional REO on xxxxxx. |  |  | 08/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26426747 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26426748 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26426749 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.33617% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .33617%). |  |  |  | Reviewer Comment (2022-08-08): Client elects to waive |  |  | 08/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26451247 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-17): Waived with compensating factors per investor request. |  |  | 08/17/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26451558 | xxxxxx | xxxxxx | 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 3.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-18): Client elects to waive with Compensating Factors.<br>Reviewer Comment (2022-08-17): Verified assets available for reserves in file are $230,797.77. If there are additional assets, please provide them. |  |  | 08/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | 26451568 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $255,797.77 is less than Cash From Borrower $264,158.59. | Final HUD1 in file reflects an additional EMD of $50,000; however, loan file does not contain any documentation verifying the funds or source of funds. Removing these funds, borrower is short the required funds to close. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-08-18): Client elects to waive with Compensating Factors. |  |  | 08/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774251 | xxxxxx | 26401300 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-08-10): Supplement provided with corrected loan amount. | 08/10/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774251 | xxxxxx | 26441421 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  |  |  |  | Reviewer Comment (2022-08-10): Final Closing Statement provided. Cleared. | 08/10/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774251 | xxxxxx | 26441426 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file to allow the use of a future lease for DSCR calculations. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-05): Client elects to waive with verified compensation factors |  |  | 08/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774251 | xxxxxx | 26441559 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | ISAOA is missing |  |  | Reviewer Comment (2022-08-23): Hazard insurance policy received listing Lender or Servicer and its successors and assigns, ISAOA . Exception Cleared. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774251 | xxxxxx | 26441627 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 2 is not completed. |  |  | Reviewer Comment (2022-08-23): Non-Owner Occupancy Declaration received which is Signed and Dated by Borrower , Exception Cleared | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 775525 | xxxxxx | 26389241 | xxxxxx | xxxxxx | 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 (2022-08-12): FTP provided | 08/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775525 | xxxxxx | 26401882 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-12): FTP provided | 08/12/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775525 | xxxxxx | 26441784 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence. Property profile report reflects a lien with a private party. Cancelled checks will also be required. |  |  | Reviewer Comment (2022-08-29): Clear property profile report and reconveyance deeds provided<br>Reviewer Comment (2022-08-23): Exception Remains<br>Reviewer Comment (2022-08-15): The property profile report reflects a private party lien with an individual for $400,000. Will need to provide a clear title policy for primary residence reflecting free and clear or request investor to waive.<br>Reviewer Comment (2022-08-12): LOE does not clear this condition. The LOE was provided by xxxxxx in xxxxxx for a lien of $350,000. The property profile report reflects a private party lien with an individual for $400,000. Will need to provide a clear title policy for primary residence reflecting free and clear or request investor to waive. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775525 | xxxxxx | 26441821 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 2 not completed. |  |  | Reviewer Comment (2022-08-10): provided | 08/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771968 | xxxxxx | 26402831 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Occupancy Certification is marked as second home which is not allowed per guidelines |  |  | Reviewer Comment (2022-09-12): A corrected Occupancy Cert signed by the borrower was provided. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771968 | xxxxxx | 26402896 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-19): Received fraud report dated xxxxxx addressing all the red flags. Document attached. Exception cleared. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771968 | xxxxxx | 26458979 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | Both VOM's for the borrower's primary residence and subject property are from private/non-institutional enders. Cancelled checks are required. |  |  | Reviewer Comment (2022-08-25): Received.<br>Reviewer Comment (2022-08-24): Received cancelled checks for the month of xxxxxx , 3/22, 5/22, 6/22) with payment of $333.33 and $1,250 for both subject property and current primary property. However, to clear this condition; require consecutive 6 months of cancelled checks. Please provide the remaining checks. Exception remains. | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771968 | xxxxxx | 26459123 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The mailing address on the HOI and Flood Policies for the borrower reflect the subject property address. The un-executed LOE from the borrower regarding mailing address is not acceptable. |  |  | Reviewer Comment (2022-09-15): Per client direction, this is no longer an issue. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771968 | xxxxxx | 26459160 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Flood Insurance was not escrowed. |  |  |  |  | Reviewer Comment (2022-08-17): IEAD provided, confirming annual escrow of Flood Insurance. Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771099 | xxxxxx | 26427692 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771099 | xxxxxx | 26462701 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-12): A UDM report was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771099 | xxxxxx | 26462899 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 49.70239% exceeds Guideline total debt ratio of 45.00000%. | Maximum DTI for a FTHB is 45%. Loan was approved at 49.776%. Loan file contains investor exception request. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-09): Waived with compensating factors per investor exception request in file. |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771099 | xxxxxx | 26462942 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Due to DTI exceeding 45% for a FTHB. |  |  | Reviewer Comment (2022-08-09): Waived with compensating factors per investor exception request in file. | 08/09/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771099 | xxxxxx | 26462943 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Due to DTI exceeding 45% for a FTHB. |  |  | Reviewer Comment (2022-08-09): Waived with compensating factors per investor exception request in file. | 08/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771099 | xxxxxx | 26462945 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 49.70239% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Maximum DTI for a FTHB is 45%. Loan was approved at 49.776%. Loan file contains investor exception request. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-09): Waived with compensating factors per investor exception request in file. |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772743 | xxxxxx | 26406580 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-09): Client elects to waive with verified compensation factors |  |  | 09/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26406639 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Provide the RCE. |  |  | Reviewer Comment (2022-09-28): RCE provided | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26406838 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. The Appraisal is dated more than 12 months prior to the note date. | Note date: xxxxxx ; Lien Position: 1 | The appraisal reflects an effective date of xxxxxx . |  |  | Reviewer Comment (2022-09-20): An updated appraisal was provided.<br>Reviewer Comment (2022-09-16): Received Client Requested Revision, Please also provided Amended Appraisal showing correct report date, Exception Remains | 09/20/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26406853 | xxxxxx | xxxxxx | 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 ARR reflects completed on an appraisal with an effective date of xxxxxx . The appraisal effective date in file is xxxxxx . |  |  | Reviewer Comment (2022-09-20): An updated appraisal was provided.<br>Reviewer Comment (2022-09-16): Received Client Requested Revision, Please also provided Amended Appraisal showing correct report date, Exception Remains | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26460355 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Document is not date. Must be within 1 year of closing. |  |  | Reviewer Comment (2022-08-11): xxxxxx was active prior to closing was provided. | 08/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26460373 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-09-26): As per Survey (D0255), it is multi-unit property and it consists unit xxxxxx. Lease agreement provided for xxxxxx. Refer doc id # D0250, D0251, D0252. xxxxxx is vacant. Hence, exception cleared.<br>Reviewer Comment (2022-09-23): Evidence needs to be provided that these leases are for the property. The appraisal nor title make note of xxxxxx.<br>Reviewer Comment (2022-09-16): Lease agreement received for different address xxxxxx ,<br> xxxxxx and xxxxxx Please provide Lease agreement for subject address xxxxxx Exception Remains | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 772743 | xxxxxx | 26460412 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 60.00000%. | Max LTV for xxxxxx FICO of 660+, and loan amount xxxxxx is 65%. Due to 1 vacant unit, 5% LTV deduction is required. Max LTV is 60%. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-18): Client elected to waive with Compensating Factors. |  |  | 08/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 776144 | xxxxxx | 26403322 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-08-22): FTP provided | 08/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776144 | xxxxxx | 26403549 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-08-25): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-25): Bylaws not provided, Exception Remains |  |  | 08/25/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776144 | xxxxxx | 26403578 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | Per the title commitment the proposed title amount is xxxxxx and the loan amount xxxxxx |  |  | Reviewer Comment (2022-08-22): FTP provided | 08/22/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776144 | xxxxxx | 26403647 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | The property type differs between the valuation documents in file. Unable to verify the property type. Ineligible per guidelines. |  | Appraisal report date xxxxxx SFR; however, the field review date xxxxxx reflects as a one unit PUD. Per the title, the property does not appear to be located in a PUD. |  |  | Reviewer Comment (2022-08-16): Updated field review provided | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776144 | xxxxxx | 26403781 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | HOI insurance coverage has a $360,000 shortfall according to the cost new on the appraisal. |  |  | Reviewer Comment (2022-08-22): RCE provided<br>Reviewer Comment (2022-08-17): Policy is not 100% GUARANTEED Replacement Cost. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774795 | xxxxxx | 26429552 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The List of Homeownership Counseling Organizations to Borrower has a website link but does not have the List also the Document does not have a List Date. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429554 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Missing the New York Subprime Loan: Counseling Disclosure. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429555 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Missing the New York Subprime Disclosure. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429556 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.33540% or Final Disclosure APR of 7.35100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.30000 + 1.75%, or 7.05000%. Non-Compliant SubPrime Loan. | Missing the New York Subprime Home Loan Threshold Fixed Non-Compliant. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429557 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Missing the New York Subprime Tax Disclosure. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429598 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Escrowed Property Costs Year 1 - October 2018 Testing | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of 23,178.21 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | The Loan Underwriting and Transmittal Summary has Taxes and Insurance included in the Escrow but does not have the same amount as the Closing Disclosure also the Closing Disclosure has Flood Insurance, School Tax included. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429752 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx incorrectly disclosed Estimated Property Costs over Year 1 for loan with an escrow account established. (Final xxxxxx) | The Closing Disclosure dated xxxxxx states the Escrowed Property Costs over Year 1 are $23,178.21 and is including the Property Taxes, Homeowner's Insurance, Flood Insurance, and School Taxes. Page 2 of the Closing Disclosure Section G has the costs of these Monthly as total $2,107.11 annually would be $25,285.32. |  |  | Reviewer Comment (2022-08-22): SitusAMC received Letter of Explanation & Corrected Closing Disclosure. |  | 08/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429921 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Missing document providing that the Borrower received a copy of the Appraisal within the timing requirements or waived the Timing Requirement. Document has not been provided as to when the Borrower received a copy of the Appraisal. |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429922 | xxxxxx | xxxxxx | 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 xxxxxx | Missing document providing that the Borrower received a copy of the Appraisal within the timing requirements or waived the Timing Requirement. Document has not been provided as to when the Borrower received a copy of the Appraisal. |  |  | Reviewer Comment (2022-09-02): Evidence of appraisal delivery was provided.<br>Reviewer Comment (2022-08-25): xxxxxx is the effective date of the appraisal, which is when the borrower was assigned the report. The completion date is when the appraiser completed the report. Original appraisal with a completion date of xxxxxx and delivery of this report on xxxxxx provided. Pending receipt of delivery of the updated report dated xxxxxx which is a regulation requirement.<br>Reviewer Comment (2022-08-16): The Appraisal Delivery Status document reflects the borrower received an appraisal on June 23rd; however, the appraisal in the file is dated xxxxxx which appears to be an updated report. Please provide the original appraisal that was sent to the borrower on June 23rd. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429952 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.33540% or Final Disclosure APR of 7.35100% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-02): Evidence of appraisal delivery was provided.<br>Reviewer Comment (2022-09-01): No additional documents received since xxxxxx Please try resending.<br>Reviewer Comment (2022-08-25): xxxxxx is the effective date of the appraisal, which is when the borrower was assigned the report. The completion date is when the appraiser completed the report. Original appraisal with a completion date of xxxxxx and delivery of this report on xxxxxx provided. Pending receipt of delivery of the updated report dated xxxxxx which is a regulation requirement. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26429953 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.52630% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.52630%). |  |  |  | Reviewer Comment (2022-08-09): Client elects to waive |  |  | 08/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26461410 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-22): A cleared fraud report was provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774795 | xxxxxx | 26461581 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $211.15 exceeds tolerance of $200.00. Sufficient or excess cure was provided to the borrower at Closing. (7505) | Zero percent fee tolerance exceeded; however, sufficient cure was provided at closing. |  |  | Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing |  | 08/09/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | 26405209 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report |  |  | Reviewer Comment (2022-08-11): The final title policy was provided. | 08/11/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | 26429133 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-11): The final title policy was provided. | 08/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | 26430323 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Testing | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 13,812.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431633 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | The Title Policy Amount is less than the Original Loan Amount. |  |  | Reviewer Comment (2022-08-25): Title commitment received and its matching the loan amount. Exception cleared. | 08/25/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431718 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx 4506-C (2021) | Missing the 4506C for the Co-Borrower for 2021, |  |  | Reviewer Comment (2022-08-16): Cleared<br>Reviewer Comment (2022-08-15): Transcripts do not clear this condition. xxxxxx is required for 2021. | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431734 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Documentation has not been provided that the Borrowers received a copy of the Appraisal within the timing requirements or waived the timing requirements. Documentation has not been provided that the Borrowers received the copy of the Appraisal. |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431735 | xxxxxx | xxxxxx | 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 xxxxxx | Documentation has not been provided that the Borrowers received a copy of the Appraisal within the timing requirements or waived the timing requirements. Documentation has not been provided that the Borrowers received the copy of the Appraisal. |  |  | Reviewer Comment (2022-08-16): Received appraisal notice<br>Reviewer Comment (2022-08-16): please re provide the delivery, as it does not appear to be in the file | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431736 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | The Seller's Closing Disclosure fees do not match the Borrower's Closing Disclosure for the Seller's Fees. |  |  | Reviewer Comment (2022-08-16): SitusAMC received Seller CD information. | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431739 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.73640% or Final Disclosure APR of 8.73800% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-16): Received appraisal notice<br>Reviewer Comment (2022-08-16): please re provide delivery | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431740 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.25157% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an i xxxxxx or 1.25157%). |  |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26431744 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Maximum LTV for a property in the state of xxxxxx is 85%; however, subject transaction includes a non-occupant co-borrower, which requires a 5% reduction in LTV. The maximum LTV for the subject transaction is 80%; however, it was approved at 85% LTV. Loan file contains an investor exception request; however, the compensating factors are incorrect. Borrower's credit score is not 30+ points higher than minimum allowed and residual income is not 2.5 times the required $2,500 amount. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. | Employed at same job 5+ years. | Reviewer Comment (2022-08-26): Waived with compensating factors per investor request. |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26468052 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing gap credit report for co-borrower. |  |  | Reviewer Comment (2022-08-15): Received | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26468158 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Guidelines require the borrower and co-borrower to complete and sign a Non-Occupant Co-Borrower Certification, which was not provided in the loan file. |  |  | Reviewer Comment (2022-08-15): received | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26468197 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-15): Received | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26516675 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) New Jersey High-Cost Loan (Borrower Notice Not Provided) | New Jersey High-Cost Loan: Notice to Borrower not provided to borrower. |  |  |  | Reviewer Comment (2022-08-30): Offset provided for seller paid Past Due Property Taxes which brings xxxxxx points and fees total under threshold.<br>Reviewer Comment (2022-08-26): Per prior comments: Please provide evidence of any undiscounted interest rate so that compliance testing can be completed. If there is no evidence of undiscounted interest rate, condition remains.<br>Reviewer Comment (2022-08-23): Please provide evidence of any undiscounted interest rate so that compliance testing can be completed. If there is no evidence of undiscounted interest rate, condition remains. | 08/30/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.<br>(Narrow Defense - CHD Approval Required) Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide: (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery. B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | 26516676 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost) New Jersey High-Cost Loan (Points and Fees) | New Jersey Home Ownership Security Act: Points and Fees on subject loan of 9.50528% is in excess of the allowable maximum of 4.50000% of the Total Loan Amount. Points and Fees total xxxxxx on a Total Loan Amount of xxxxxx vs. an allowable total of xxxxxx (an overage of xxxxxx or 5.00528%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (2022-08-30): Offset provided for seller paid past due property taxes which brings points and fees total under xxxxxx threshold.<br>Reviewer Comment (2022-08-26): Per prior comments: Please provide evidence of any undiscounted interest rate so that compliance testing can be completed. If there is no evidence of undiscounted interest rate, condition remains.<br>Reviewer Comment (2022-08-23): Please provide evidence of any undiscounted interest rate so that compliance testing can be completed. If there is no evidence of undiscounted interest rate, condition remains. | 08/30/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.<br>(Narrow Defense - CHD Approval Required) Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide: (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26432763 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26433590 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Timing | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | The right to receive copy of appraisal was not provided to the borrowers three days of the loan application. |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26433591 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.00350% or Final Disclosure APR of 8.00600% is in excess of allowable threshold of APOR 5.86% + 1.5%, or 7.36000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-26): Received Right to Receive Appraisal Disclosure<br>Reviewer Comment (2022-08-15): Exception Detail Updated from: Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.00120% or Final Disclosure APR of 8.00600% is in excess of allowable threshold of APOR 5.86% + 1.5%, or 7.36000%. Non-Compliant Higher Priced Mortgage Loan.<br>Reviewer Comment (2022-08-15): This exception is tied to the Appraisal Disclosure Timing. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26433592 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - HPML Timing | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. | The right to receive copy of appraisal was not provided to the borrowers three days of the loan application. |  |  | Reviewer Comment (2022-08-26): Received Right to Receive Appraisal Disclosure<br>Reviewer Comment (2022-08-18): Updated: SitusAMC received Appraisal Disclosure dated xxxxxx. However, this exception is like the Initial LE timing exception where the Initial LE (which also contains the appraisal disclosure verbiage) was not disclosed to the borrower within 3 business days of the xxxxxx application date. Provide proof of earlier disclosure within the time frame.<br>Reviewer Comment (2022-08-15): SitusAMC received Appraisal Disclosure dated xxxxxx. However, this exception is like the Initial LE timing exception where the Initial LE (which also contains the appraisal disclosure verbiage) was not disclosed to the borrower within 3 business days of the xxxxxx application date. Provide proof of earlier disclosure within the time frame. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26433593 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.28640% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .28640%). |  |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26433598 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . |  |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473612 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines require evidence business has been in existence for 2 years. CPA letter provided does not indicate how long business has been in existence and loan file does not contain any other third party verification of existence for 2 years. |  |  | Reviewer Comment (2022-08-29): Updated CPA letter provided | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473615 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473691 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473692 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473694 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $450.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. xxxxxx | Ten percent fee tolerance exceeded. Loan Estimate provided is missing page 2. |  |  | Reviewer Comment (2022-08-19): SitusAMC Received the missing page 2 of the LE dated xxxxxx . No cure is needed. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473695 | xxxxxx | xxxxxx | 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 $595.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7506) | Zero percent fee tolerance exceeded. Loan Estimate provided is missing page 2. |  |  | Reviewer Comment (2022-08-19): SitusAMC Received the missing page 2 of the LE dated xxxxxx . No cure is needed.<br>Reviewer Comment (2022-08-15): SitusAMC received duplicate copy of LE dated xxxxxx , upon further review the second page of LE dated xxxxxx is missing. Kindly provide the updated copy of xxxxxx LE to re-baseline the fees. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473696 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7520) | Zero percent fee tolerance exceeded. Loan Estimate provided is missing page 2. |  |  | Reviewer Comment (2022-08-19): SitusAMC Received the missing page 2 of the LE dated xxxxxx . No cure is needed. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473697 | xxxxxx | xxxxxx | 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 Processing Fee. Fee Amount of $995.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7548) | Zero percent fee tolerance exceeded. Loan Estimate provided is missing page 2. |  |  | Reviewer Comment (2022-08-19): SitusAMC Received the missing page 2 of the LE dated xxxxxx . No cure is needed. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473698 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. | List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26473699 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Loan Estimate Timing | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial xxxxxx) | Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. |  |  | Reviewer Comment (2022-08-26): SitusAMC received xxxxxx LE<br>Reviewer Comment (2022-08-22): Application date, per loan file is xxxxxx LE would need to be sent or received by no later than xxxxxx  | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | 26667295 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated xxxxxx was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial xxxxxx) | SitusAMC received xxxxxx LE with electronic signature dated xxxxxx. The consumer went through the eConsent process on xxxxxx, the consumer acknowledged the receipt of the LE on xxxxxx. But the loan application date was xxxxxx. In the event the consumer had not provided and accepted eConsent by xxxxxx (3 business days from application), then the lender should have sent the consumer the Loan Estimate through another means in accordance with the official interpretation reflected in Comment 19(e)(1)(iv)-2. The failure to obtain proper consent is the equivalent of the disclosures never being sent. Provide proof borrower was sent Initial LE via other means than electronic delivery, as the e-consent was over 3 business days and acknowledged over 3 business days. The LE would not have been provided electronically if borrower had not e-consented with the 3 business days after application. |  |  | Reviewer Comment (2022-08-30): SitusAMC received E-sign Consent dated xxxxxx which suffices Initial LE timing. | 08/30/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774540 | xxxxxx | 26433184 | xxxxxx | xxxxxx | Credit | Property - Appraisal | Appraisal Adjustments | Property - Appraisal | Excessive site value noted on appraisal without appraiser comments to justify | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The site value on the appraisal report is reflected as xxxxxx however, the appraised value is xxxxxx | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-08-12): The client elects to waive with comp factors. |  |  | 08/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26433932 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing a complete 12 month housing history. The Borrower appears to have sold her home in February 2022 and stayed in the home for 2 months and then an xxxxxx for one month, however, only the 30 days in the Air BnB is documented in the loan file. There is no comparable mortgage history and no proof of payment of rent or compensation for the two months after the sale of the primary. The application indicates the Borrower was paying $4,200 a month. The Borrower's mortgage history as reflected on the credit report shows only one mortgage that ended in 2020, not 2022. |  |  | Reviewer Comment (2022-08-30): The borrower stayed in xxxxxx for the month of July 2022 (Doc ID 0175). The file has an LOX stating the borrower will stay on his current property rent free from May 2022 to June 2022 (Doc ID 0173). Also, received lease agreement reflecting borrower rented his primary house from xxxxxx to xxxxxx (Doc ID 0182). Mortgage statement present is for the month of xxxxxx (Doc ID 0184). As per Grant Deed(Doc ID 0181) the borrower sold his current property on xxxxxx Bank statements has payments of $1,984.44 on xxxxxx xxxxxx xxxxxx , xxxxxx xxxxxx xxxxxx , xxxxxx The file has 12 months housing history present. All documents attached. Exception cleared.<br>Reviewer Comment (2022-08-25): The loan file contains the following documents which do not complete the required 12 month mortgage history - 7/2022 current xxxxxx, 4/2022 through 6/2022 - LOE from seller stating okay to remain at previous address. xxxxxx - mortgage statement for sold property showing one payment for xxxxxx . Credit report reflects last reported mortgage date of xxxxxx . We need the following months of mortgage history: xxxxxx , 2/22, xxxxxx 21, xxxxxx 21, 9/2021, and 8/2021.<br>Reviewer Comment (2022-08-24): Please provide supporting documents to verify the payments from July 2021 to Jan 2022. Also the borrower rented the same property from xxxxxx to xxxxxx Please provide lease agreement to support the same. Exception remains. | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435160 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.71859% exceeds Guideline total debt ratio of 50.00000%. | Updating the Borrower's debts per the gap report in the loan file, dated xxxxxx , increased the DTI which now exceeds 50%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 40+ points. | Reviewer Comment (2022-08-24): Waived with compensating factors per investor exception request. |  |  | 08/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435282 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Unable to determine when the Lender provided the Appraisal to the Borrower. |  |  | Reviewer Comment (2022-08-10): Client elects to waive |  |  | 08/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435283 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.70020% or Final Disclosure APR of 7.76800% is in excess of allowable threshold of APOR 5.58% + 1.5%, or 7.08000%. Non-Compliant Higher Priced Mortgage Loan. | Unable to determine when the Lender provided the Appraisal to the Borrower. |  |  | Reviewer Comment (2022-08-19): Lender attestation from compliance team indicating borrower is open for business on Saturdays<br>Reviewer Comment (2022-08-15): Does not appear that the borrower was given the appraisal prior to three business day to closing | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435284 | xxxxxx | xxxxxx | 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 xxxxxx | Unable to determine when the Lender provided the Appraisal to the Borrower. |  |  | Reviewer Comment (2022-08-19): Lender attestation from compliance team indicating borrower is open for business on Saturdays<br>Reviewer Comment (2022-08-15): Does not appear that the appraisal was given to the borrower 3 business days prior to the closing date | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435324 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Updating the Borrower's debts per the gap report in the loan file, dated xxxxxx , increased the DTI which now exceeds 50%. |  |  | Reviewer Comment (2022-08-24): Waived with compensating factors per investor exception request. | 08/24/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26435326 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Updating the Borrower's debts per the gap report in the loan file, dated xxxxxx , increased the DTI which now exceeds 50%. |  |  | Reviewer Comment (2022-08-24): Waived with compensating factors per investor exception request. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | 26470624 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.71859% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Using the updated balances/payments from the xxxxxx gap report, borrower's DTI exceeds the guideline maximum of 50%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 40+ points. | Reviewer Comment (2022-08-24): Waived with compensating factors per investor exception request. |  |  | 08/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775387 | xxxxxx | 26431423 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence. Bank statements are in xxxxxx. Need translation or VOM. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775387 | xxxxxx | 26431582 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-09-07): Final title received | 09/07/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775387 | xxxxxx | 26468882 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA address does not match the Note. |  |  | Reviewer Comment (2022-09-07): Received corrected HOI and email delivery to borrower.<br>Reviewer Comment (2022-09-07): No additional documents received in trailing documents xxxxxx Please try uploading again.<br>Reviewer Comment (2022-09-02): All pages of Note received. Pending corrected HOI, and evidence of delivery to the borrower of all corrected documents.<br>Reviewer Comment (2022-09-01): Received xxxxxx Affidavit for DOT+Riders (included LOI), Final Title (CPL not longer required), and Flood Cert. Pending receipt of all pages of the corrected Note, corrected HOI, and evidence of delivery to the borrower of all corrected documents.<br>Reviewer Comment (2022-08-25): Lender added the verbiage to the already executed documents in file for the Note, 1003, Occupancy Cert, CD, and BP Cert. LOE to borrower also received. Pending receipt of all pages of the corrected Note, corrected DOT + Riders (all pages), Lender's Letter of Intent, corrected CPL and corrected title policy, corrected HOI and corrected Flood Cert, and evidence of delivery of corrected Note/DOT+Riders to borrower.<br>Reviewer Comment (2022-08-16): We need a corrected appraisal and CDA | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 776168 | xxxxxx | 26469662 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | For any guarantors or individual borrowers who have a security freeze on their credit from more than one bureau, the security freeze must be removed and credit repulled. |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26433173 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-08-29): Business Purpose Certificate received and associated. Exception Cleared. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26433208 | xxxxxx | xxxxxx | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: xxxxxx | Spousal Consent required on Entity loans in Community Property States. |  |  | Reviewer Comment (2022-08-29): Spousal Consent form received. Exception Cleared. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468203 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence. Fraud Report reflects a mortgage lien. Otherwise, provide evidence free and clear. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-16): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-12): The Note will need to be provided to verify the Guarantor is not obligated to the mortgage as the Fraud Report reflects the Guarantor as a vested owner. Mortgage statement is not acceptable as the mortgage statement will not necessarily always reflect all names.<br>Reviewer Comment (2022-08-29): We have not received VOM or Free & clear evidence for primary residence. Hence exception remains. |  |  | 09/16/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468211 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the receipt of current year franchise tax payment or clear search |  |  | Reviewer Comment (2022-08-23): Clear Franchise tax search provided | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468228 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-09-21): Updated policy provided<br>Reviewer Comment (2022-09-12): The HOI provided is not for the subject property | 09/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468245 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The DOT contains a PUD rider, however the appraisal does not reflect property is located in a PUD nor PUD dues. If property is in a PUD, provide the updated appraisal to reflect as such along with evidence of PUD dues. If property is not located in a PUD, provide the corrected DOT, LOE to borrower, evidence of delivery to the borrower and Lender's Letter of Intent to Re-Record. |  |  | Reviewer Comment (2022-09-28): Proof of delivery receipt provided. Refer doc id # D0275. Hence, exception cleared.<br>Reviewer Comment (2022-09-26): Received corrected DOT. A search of the mailing label's tracking number only reflects label was created. Provide evidence documents were picked up and shipped or delivered to borrower.<br>Reviewer Comment (2022-09-21): Received LOE to borrower which includes intent to re-record and mailing label. Still pending receipt of corrected page of the DOT removing PUD rider.<br>Reviewer Comment (2022-08-29): The only document received was an LOE from the borrower stating they are ok with the PUD rider being removed and file being re-recorded which is not the cure provisions. Provide the corrected DOT, LOE to borrower, evidence of delivery, and Lender's letter of intent to re-record. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468256 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Provide the executed Deed transferring the property to the Borrowing Entity. . |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 771573 | xxxxxx | 26468262 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Incorporation not provided |  |  |  |  | Reviewer Comment (2022-09-12): Articles provided<br>Reviewer Comment (2022-08-29): Articles of Incorporation still missing. Exception remains. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774490 | xxxxxx | 26435512 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Months Reported was not provided | Credit Report: Original // Liability Type: Lease / Current Balance: $16,466.00 / Line Limit: xxxxxx | The KIA Lease is from the 1003 and not reporting on the Credit Report. Please provide evidence of loan amount, term and monthly payment. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-12-09): bf<br>Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26436376 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. |  | The Initial 1003 states on Section 4 that the Occupancy is Primary Residence also in Section 5a (A) Yes to occupy the property as your primary residence.<br> The Final 1003 also states in Section 5a (A) Yes to occupy the property as your primary residence but in Section 4 that the Occupancy is Second Home. The Occupancy Certificate states that the Subject Property would be a Second Home. Please Clarify if the Subject Property is a Second Home or Primary Residence. |  |  | Reviewer Comment (2022-08-17): A corrected 1003 was provided.<br>Reviewer Comment (2022-08-12): 1 page document does not clear this condition. Provide the full document for the initial 1003 with corrected 5a(A) and the full document for the Final 1003 with section 5a(A) and section 4 corrected. Will need to be initialed by the borrower or provide a lender's attestation regarding the errors on both documents. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26437324 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (xxxxxx/Checking) | The VOD provided for account 8218 is dated xxxxxx , which is after the consummation date of xxxxxx . Compliance testing is based on consummation date, not funding date. Please provide VOD dated prior to consummation date. |  |  | Reviewer Comment (2022-09-16): Bank statement provided utilized up until closing date | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26437459 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to assets being dated post-consummation date. |  |  | Reviewer Comment (2022-09-16): Bank statement provided utilized up until closing date | 09/16/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Second Home | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26437460 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to assets being dated post-consummation date. |  |  | Reviewer Comment (2022-09-16): Bank statement provided utilized up until closing date | 09/16/2022 |  |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26481018 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-17): Evidence the red flags were addressed was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26481468 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26481469 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not High Cost and Not Higher Priced | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). |  |  |  | Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774490 | xxxxxx | 26839343 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $181,728.58 is less than Cash From Borrower $230,038.53. | Utilized bank statement provided up until closing date. Deducted $240,000 deposit as it shows transferred from a non-borrower account and no additional gift letter was provided. Post close funds cannot be utilized to qualify. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-20): Client elects to waive with verified compensation factors |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26439054 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Tax Verification | Missing Tax Verification for the Property at xxxxxx Mortgage Statement shows no Escrow Account Set up. |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26440636 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Missing the New York Subprime Loan: Counseling Disclosure. |  |  | Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26440649 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 8.13240% or Final Disclosure APR of 8.22100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.54000 + 1.75%, or 7.29000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26440738 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The Appraisal effective date was xxxxxx with the Date of Signature and report date of xxxxxx . The Appraisal was emailed to the Borrower on xxxxxx prior to the Date of Signature and Report. |  |  | Reviewer Comment (2022-08-11): Client elects to waive |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26477233 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The UDN provided has a monitoring end date of xxxxxx ,which is more than 10 days prior to the Note date. Please provide updated gap report dated no more than 10 days prior to Note date, or any time after Note date. |  |  | Reviewer Comment (2022-08-15): Cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26477378 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.67 is less than Guideline PITIA months reserves of 3.00. |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-17): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-15): We have cash to close of $303821.57 as opposed to $270553 listed on the uw calculation |  |  | 08/17/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | 26477403 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-15): cleared | 08/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772958 | xxxxxx | 26478299 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence. Property profile report reflects a $310,000 lien with xxxxxx. |  |  | Reviewer Comment (2022-08-17): Evidence the primary is owned free and clear was provided.<br>Reviewer Comment (2022-08-15): please provide the VOM | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 776279 | xxxxxx | 26443841 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  | Provide the Loan Application. |  |  | Reviewer Comment (2022-08-12): A credit application was provided. | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776279 | xxxxxx | 26443908 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | Per investor matrix, minimum loan amount is $150,000 when DSCR is < 1.50 and LTV > 65%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-09-06): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-17): The seller is requesting an exception waiver. |  |  | 09/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776279 | xxxxxx | 26476470 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is an executed xxxxxx Borrower Rider in file, however the box for this rider is not checked on the Security Instrument. Provide the corrected Security Instrument to include the xxxxxx Borrower Rider, LOE to borrower, evidence of delivery to the borrower, and lender's letter of intent to re-record. |  |  | Reviewer Comment (2022-08-17): A fully executed xxxxxx Affidavit for 'Correct Entity Rider Designation' was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776279 | xxxxxx | 26476582 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Wire Ticket to Settlement Agent. |  |  | Reviewer Comment (2022-08-12): Contact Consent and Background and Credit Authorization were the only documents provided. Per previous files, the application also consists of the ACH, a dec page with questions and answers and signature, etc.<br>Reviewer Comment (2022-08-12): Wire Ticket provided | 08/12/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776279 | xxxxxx | 26476793 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  |  |  |  | Reviewer Comment (2022-08-12): On BP Affidavit provided in trailing documents | 08/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774747 | xxxxxx | 26445239 | xxxxxx | xxxxxx | 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%. | Use of short terms rents (STR) may be used, in situations where the borrower can demonstrate a successful history of STR activity with other REO, or the subject is in an area where STR is predominate. Max LTV is 75%. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): Investor must approve all waives<br>Reviewer Comment (2022-08-26): The LOE from the UW is not acceptable. We did not utilize 75% of the STR projections. The 6.2022 guidelines state STR can be utilized and max LTV is 75%. (page 19 of 6.2022 guidelines: Use of short terms rents (STR) may be used, in situations where the borrower can<br> demonstrate a successful history of STR activity with other REO, or the subject is in an<br> area where STR is predominate. Max LTV is 75%.)<br>Reviewer Comment (2022-08-19): Client requested re-review to lender's guidelines 6.2022. Use of short terms rents (STR) may be used, in situations where the borrower can demonstrate a successful history of STR activity with other REO, or the subject is in an area where STR is predominate. Max LTV is 75%.<br>Reviewer Comment (2022-08-12): The investor provided us with guidelines for the lender dated 7.2022. This is what was utilized. Lender can request a waive. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774747 | xxxxxx | 26477737 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL and Title address does not reflect Unit xxxxxx in the address. |  |  | Reviewer Comment (2022-08-16): Cleared | 08/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774747 | xxxxxx | 26477763 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file for max # of loans to lender exceeds 5. Must be approved by the investor. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-23): Client elects to waive with verified compensation factors |  |  | 08/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774747 | xxxxxx | 26477971 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.08 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.10. | On a purchase, STR income can be utilized at 75% of projections. Minimum DSCR required is 1.10. |  |  | Reviewer Comment (2022-08-19): Client requested rereview to lender guidelines 6/2022. DSCR can cap at 1.00 for STR.<br>Reviewer Comment (2022-08-12): Loan was already reviewed to the lender's guidelines dated 7.2022 provided by the investor. The lender can request a waive from the investor. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774817 | xxxxxx | 26445043 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 43.68866% exceeds Guideline total debt ratio of 43.00000%. | The DTI exceeds the guideline maximum DTI of 43% for living rent free due to the lender used income of $13,992.15 to qualify the loan; however, the verified income is $11,914.80. The lower income calculation is due to the bank statements reflect xxxxxx transfers; however, there is no documentation in the file to confirm these transfers are business income. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-09-08): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-09-02): Reopened at investor request.<br>Reviewer Comment (2022-09-02): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 48.75373% exceeds Guideline total debt ratio of 43.00000%.<br>Reviewer Comment (2022-09-02): Updated income documents received.<br>Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): Cleared in error.<br>Reviewer Comment (2022-08-26): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-23): The exception only covers housing history. An exception must be granted for the DTI exceeding guidelines if investor chooses to do so.<br>Reviewer Comment (2022-08-18): Please see comments from the investor. |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26445127 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the DTI of 48.75% exceeds the guideline maximum DTI of 43% for living rent free. The lender used income of $13,992.15 to qualify the loan; however, the verified income is $11,914.80. The lower income calculation is due to the bank statements reflect xxxxxx transfers; however, there is no documentation in the file to confirm these transfers are business income. |  |  | Reviewer Comment (2022-09-02): Updated income documentation provided. | 09/02/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26445128 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to DTI exceeds the guideline maximum DTI of 43% for living rent free. The lender used income of $13,992.15 to qualify the loan; however, the verified income is $11,914.80. The lower income calculation is due to the bank statements reflect xxxxxx transfers; however, there is no documentation in the file to confirm these transfers are business income. |  |  | Reviewer Comment (2022-09-08): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-09-02): Updated income documents received.<br>Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors. Condition no longer applies.<br>Reviewer Comment (2022-08-26): Cleared in error<br>Reviewer Comment (2022-08-26): Waived with compensating factors per investor request. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26445129 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 48.75373% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | The DTI of 48.75% exceeds the guideline maximum DTI of 43% for living rent free due to the lender used income of $13,992.15 to qualify the loan; however, the verified income is $11,914.80. The lower income calculation is due to the bank statements reflect xxxxxx transfers; however, there is no documentation in the file to confirm these transfers are business income. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-09-02): Updated income documentation provided.<br>Reviewer Comment (2022-09-02): Updated income documents received.<br>Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): Reopen<br>Reviewer Comment (2022-08-26): Cleared in error<br>Reviewer Comment (2022-08-26): Waived with compensating factors per investor request. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26445231 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | The guidelines require 12 month housing history for a First Time Home Buyer; however, the borrower has been living rent free for the last 6 years. The file contains an Investor exception. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-08-11): Waived with compensating factors per investor exception request in file. |  |  | 08/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26747557 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. |  | Loan was approved as a 12 month bank statement loan. Borrower provided co-mingled statements for the first 9 months, which also covered 2 different accounts. Investor requesting exception to use second account of xxxxxx for months of January and February 2022 as borrower moved deposits to that account. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-09-07): Waived with compensating factors per investor request. |  |  | 09/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774817 | xxxxxx | 26747565 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 43.68866% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | Using updated income calculations and documents provided by Seller, DTI exceeds guideline maximum of 43%. The bank statements reflect numerous Paypal transfers that cannot be tied to business income. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-09-08): Waived with compensating factors per investor request. |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | 26447581 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable xxxxxx title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) |  |  |  | Reviewer Comment (2022-08-12): Client elects to waive |  |  | 08/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | 26447583 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. | Document was not endorsed by the lender. |  |  | Reviewer Comment (2022-08-23): Acknowledgment of the Fair Market Value is received with lender signature. Exception cleared.<br>Reviewer Comment (2022-08-18): The document provided is signed by the lender post closing. To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy. Signed disclosure provided, provide LOE and evidence of delivery to the borrower. | 08/23/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | 26487824 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Approval or fully completed 1008 with underwriter's name is required and was not provided. |  |  | Reviewer Comment (2022-08-18): 1008 xxxxxx name provided | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775883 | xxxxxx | 26446739 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The guidelines a letter of explanation (LOE) executed by the borrower's relative confirming that there xxxxxx s no monthly obligation when the borrower is living rent free. The file is missing the required LOE. |  |  | Reviewer Comment (2022-08-17): A rent-free letter was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | 26483517 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | The FACTA Disclosure is dated xxxxxx which was the date of closing. |  |  | Reviewer Comment (2022-08-16): Client elects to waive |  |  | 08/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | 26483557 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary xxxxxx) | The Appraisal reflects a Report Date of xxxxxx which is the day of closing. |  |  | Reviewer Comment (2022-08-16): Client elects to waive |  |  | 08/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | 26483577 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met |  | The Appraisal photos are not in color as required by guidelines. |  |  | Reviewer Comment (2022-08-18): Appraisals with colored photos provided. Cleared. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26450967 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to loan closing or anytime after closing. |  |  | Reviewer Comment (2022-08-23): Gap report provided<br>Reviewer Comment (2022-08-23): Document not received. Please try resending.<br>Reviewer Comment (2022-08-22): No new trailing documents uploaded for this condition. Please try uploading again. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26451076 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-08-22): FTP provided | 08/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26451624 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.44 is less than Guideline PITIA months reserves of 6.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-23): Waived with compensating factors per investor request. |  |  | 08/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26451652 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing the List of Homeownership Counseling Organizations. |  |  | Reviewer Comment (2022-08-12): Client elects to waive |  |  | 08/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26492267 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | Per the guidelines, a FTHB is required to document a 0x30x12 housing history. The final 1003 reflects borrower has lived rent free for 1 year, 2 months and is a FTHB, which does not meet the guideline requirement of documenting a 0x30x12 housing history. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-23): Waived with compensating factors per investor request. |  |  | 08/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | 26492481 | xxxxxx | xxxxxx | 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 (2022-08-22): FTP provided | 08/22/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775307 | xxxxxx | 26498239 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1073/465 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx xxxxxx |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26462380 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Collections / Balance: 118.00, Credit Report: Original // Public Record Type: Bankruptcy / Balance: 1622.00 | Per guideline . Evidence of bankruptcy resolution is required. The length of time is measured from the discharge/dismissal date to the Note date. Loan file contains bankruptcy documents reflecting the discharge has been requested; however, it was not complete as of the time of loan closing. Investor exception request in file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-08-14): Waived with compensating factors per investor exception request in file. |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26462414 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Per guideline A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. |  |  | Reviewer Comment (2022-08-23): A gap credit report was provided | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463337 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463338 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-09-01): The seller provided a PC-CD with reduced Admin Fees from $995 to $645. Prior to being retested, the seller will need to provide the Final signed/stamped Settlement Statement that supports the reduced PC-CD. A PC-CD is a lender generated document that cannot be accepted along. Further, if the PC-CD fees are correct (will be confirmed once Final, signed/stamped settlement statement is provided) and LOE and evidence of delivery to borrower will also be required.<br>Reviewer Comment (2022-08-26): Escalated Review: I'm seeing an Undiscounted Rate of 7% on this screen shot but I am not seeing an undiscounted rate price. The undiscounted rate price is the percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate. This is the actual amount of discount points that would be paid by the borrower to obtain the starting adjusted rate as described above. This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.<br> Please note however that the Undiscounted/Par Rate that they are showing on this screen shot is 7% while the Note Rate is 7.375%. Discount points must be for the purpose of reducing the rate in order to be considered bona fide (among other requirements). | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463339 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-09-01): The seller provided a PC-CD with reduced Admin Fees from $995 to $645. Prior to being retested, the seller will need to provide the Final signed/stamped Settlement Statement that supports the reduced PC-CD. A PC-CD is a lender generated document that cannot be accepted along. Further, if the PC-CD fees are correct (will be confirmed once Final, signed/stamped settlement statement is provided) and LOE and evidence of delivery to borrower will also be required.<br>Reviewer Comment (2022-08-26): Escalated Review: I'm seeing an Undiscounted Rate of 7% on this screen shot but I am not seeing an undiscounted rate price. The undiscounted rate price is the percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate. This is the actual amount of discount points that would be paid by the borrower to obtain the starting adjusted rate as described above. This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.<br> Please note however that the Undiscounted/Par Rate that they are showing on this screen shot is 7% while the Note Rate is 7.375%. Discount points must be for the purpose of reducing the rate in order to be considered bona fide (among other requirements). | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463340 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-09-01): The seller provided a PC-CD with reduced Admin Fees from $995 to $645. Prior to being retested, the seller will need to provide the Final signed/stamped Settlement Statement that supports the reduced PC-CD. A PC-CD is a lender generated document that cannot be accepted along. Further, if the PC-CD fees are correct (will be confirmed once Final, signed/stamped settlement statement is provided) and LOE and evidence of delivery to borrower will also be required.<br>Reviewer Comment (2022-08-26): This condition is in regards to the HOEPA failures. Escalated Review: There is no undiscounted rate price on the document provided. Rather than providing a screen shot or rate sheet, if they can provide us the actual values for undiscounted rate and undiscounted rate price via a discount point worksheet, that would be most helpful. <br> Having said that, I just wanted to reiterate that using the Undiscounted/Par Rate from their sheet and assuming for now an undiscounted rate price of 0, the calculation below is showing it does not meet 0.192 threshold to be considered for bona fide exclusion.<br> • Undiscounted Starting Rate = 7.875% <br> • Note Rate = 7.375% <br> • The Undiscounted Stating Rate Price is assumed for this example at 0% and the new rate resulted in a cost of 3.375% <br> • Undiscounted Rate of 7.875% minus Note Rate of 7.375 = 0.5% rate reduction. <br> 0.5% / 3.375% = 0.148148% (does not meet standard ratio of 0.192 to be considered bona fide).<br>Reviewer Comment (2022-08-26): Escalated Review: I'm seeing an Undiscounted Rate of 7% on this screen shot but I am not seeing an undiscounted rate price. The undiscounted rate price is the percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate. This is the actual amount of discount points that would be paid by the borrower to obtain the starting adjusted rate as described above. This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.<br> Please note however that the Undiscounted/Par Rate that they are showing on this screen shot is 7% while the Note Rate is 7.375%. Discount points must be for the purpose of reducing the rate in order to be considered bona fide (among other requirements). | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463341 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.15819% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an allowable total of xxxxxx (an overage of xxxxxx or .15819%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-09-01): The seller provided a PC-CD with reduced Admin Fees from $995 to $645. Prior to being retested, the seller will need to provide the Final signed/stamped Settlement Statement that supports the reduced PC-CD. A PC-CD is a lender generated document that cannot be accepted along. Further, if the PC-CD fees are correct (will be confirmed once Final, signed/stamped settlement statement is provided) and LOE and evidence of delivery to borrower will also be required.<br>Reviewer Comment (2022-08-26): This condition is in regards to the HOEPA failures. Escalated Review: There is no undiscounted rate price on the document provided. Rather than providing a screen shot or rate sheet, if they can provide us the actual values for undiscounted rate and undiscounted rate price via a discount point worksheet, that would be most helpful. <br> Having said that, I just wanted to reiterate that using the Undiscounted/Par Rate from their sheet and assuming for now an undiscounted rate price of 0, the calculation below is showing it does not meet 0.192 threshold to be considered for bona fide exclusion.<br> • Undiscounted Starting Rate = 7.875% <br> • Note Rate = 7.375% <br> • The Undiscounted Stating Rate Price is assumed for this example at 0% and the new rate resulted in a cost of 3.375% <br> • Undiscounted Rate of 7.875% minus Note Rate of 7.375 = 0.5% rate reduction. <br> 0.5% / 3.375% = 0.148148% (does not meet standard ratio of 0.192 to be considered bona fide).<br>Reviewer Comment (2022-08-26): Escalated Review: I'm seeing an Undiscounted Rate of 7% on this screen shot but I am not seeing an undiscounted rate price. The undiscounted rate price is the percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate. This is the actual amount of discount points that would be paid by the borrower to obtain the starting adjusted rate as described above. This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.<br> Please note however that the Undiscounted/Par Rate that they are showing on this screen shot is 7% while the Note Rate is 7.375%. Discount points must be for the purpose of reducing the rate in order to be considered bona fide (among other requirements). | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. D B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463342 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-08-26): This condition is in regards to the HOEPA failures. Escalated Review: There is no undiscounted rate price on the document provided. Rather than providing a screen shot or rate sheet, if they can provide us the actual values for undiscounted rate and undiscounted rate price via a discount point worksheet, that would be most helpful. <br> Having said that, I just wanted to reiterate that using the Undiscounted/Par Rate from their sheet and assuming for now an undiscounted rate price of 0, the calculation below is showing it does not meet 0.192 threshold to be considered for bona fide exclusion.<br> • Undiscounted Starting Rate = 7.875% <br> • Note Rate = 7.375% <br> • The Undiscounted Stating Rate Price is assumed for this example at 0% and the new rate resulted in a cost of 3.375% <br> • Undiscounted Rate of 7.875% minus Note Rate of 7.375 = 0.5% rate reduction. <br> 0.5% / 3.375% = 0.148148% (does not meet standard ratio of 0.192 to be considered bona fide).<br>Reviewer Comment (2022-08-26): Escalated Review: I'm seeing an Undiscounted Rate of 7% on this screen shot but I am not seeing an undiscounted rate price. The undiscounted rate price is the percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate. This is the actual amount of discount points that would be paid by the borrower to obtain the starting adjusted rate as described above. This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.<br> Please note however that the Undiscounted/Par Rate that they are showing on this screen shot is 7% while the Note Rate is 7.375%. Discount points must be for the purpose of reducing the rate in order to be considered bona fide (among other requirements). | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463365 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 5.15819% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 2.15819%). |  |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463367 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost) Texas High-Cost Loan (Points and Fees) | Texas Anti-Predatory Lending Statute: Points and Fees on subject loan of 5.15819% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total xxxxxx on a Total Loan Amount of xxxxxx vs. an allowable total of xxxxxx (an overage of xxxxxx or .15819%). Non-Compliant High Cost Loan. |  |  |  | Reviewer Comment (2022-09-09): SitusAMC received Final CD dated xxxxxx and signed/stamped Final Settlement Statement reflecting the same amounts, which do not exceed federal or state high cost thresholds.<br>Reviewer Comment (2022-09-08): Texas State High Cost exception is considered Compliant (ATR issue was cleared and no other prohibited features).<br>Reviewer Comment (2022-09-01): The seller provided a PC-CD with reduced Admin Fees from $995 to $645. Prior to being retested, the seller will need to provide the Final signed/stamped Settlement Statement that supports the reduced PC-CD. A PC-CD is a lender generated document that cannot be accepted along. Further, if the PC-CD fees are correct (will be confirmed once Final, signed/stamped settlement statement is provided) and LOE and evidence of delivery to borrower will also be required.<br>Reviewer Comment (2022-08-26): Escalated Review: While the Texas legislation generally defines a high-cost home loan in the same manner as the federal HOEPA standard, the definitions and provisions within Section 343 of the Texas Finance Code only define what constitutes a loan as high-cost along with the associated prohibited practices. Nowhere within Section 343 does the legislation contain a corollary cure provision to 1026.31(h) which would allow the same remediation to be used on Texas high-cost loans as that on federal high-cost loans. As a result, there is no cure available for Texas high cost. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463456 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable xxxxxx title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) |  |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463458 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. |  |  |  | Reviewer Comment (2022-08-29): Acknowledgment of Fair Market Value Disclosure Signed By Lender. Hence exception cleared.<br>Reviewer Comment (2022-08-25): The document provided and signed by the lender is dated post closing(lender's signature). To cure: Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), LOE to borrower and evidence of delivery to the borrower. | 08/29/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463512 | xxxxxx | xxxxxx | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (ATR - Employment: Wages / W-2) | 2014 High-Cost Mortgage (Closed-end ATR): Unable to verify current Wages / W-2 employment status using reasonably reliable third-party records. xxxxxx | Due to VVOE in file being dated xxxxxx , which is after the Note date of xxxxxx . Please provide VVOE dated prior to Note date. |  |  | Reviewer Comment (2022-08-26): VVOE dated prior to closing received<br>Reviewer Comment (2022-08-26): VOE not received. Please try resending. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463513 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to VVOE in file being dated xxxxxx , which is after the Note date of xxxxxx . Please provide VVOE dated prior to Note date. |  |  | Reviewer Comment (2022-08-26): VVOE dated prior to closing received<br>Reviewer Comment (2022-08-26): VVOE not received. Please try resending. | 08/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status D B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463514 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. xxxxxx) | Due to VVOE in file being dated xxxxxx , which is after the Note date of xxxxxx . Please provide VVOE dated prior to Note date. |  |  | Reviewer Comment (2022-08-26): VVOE dated prior to closing received<br>Reviewer Comment (2022-08-26): VVOE not received. Please try resending. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463515 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to VVOE in file being dated xxxxxx , which is after the Note date of xxxxxx . Please provide VVOE dated prior to Note date. |  |  | Reviewer Comment (2022-08-26): VVOE dated prior to closing received | 08/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26463540 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Contact Information - Lender | TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xxxxxx did not disclose the required Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). (Final xxxxxx) | Per the final closing disclosure the NMLS ID is missing |  |  | Reviewer Comment (2022-08-29): SitusAMC received Corrected Closing Disclosure. |  | 08/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498244 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower is currently in bankruptcy and mortgage history was not provided as required by guidelines. Loan file contains investor exception request. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-08-14): Waived with compensating factors per investor exception request in file. |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498246 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines for the xxxxxx program, when a bankruptcy is seasoned less than 2 years, cash out is not permitted. Loan is a cash out refinance and borrowers have an active, open Chapter 13 bankruptcy. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. | LTV 10% or more below guideline maximum. | Reviewer Comment (2022-08-14): Waived with compensating factors per investor exception request in file. |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498249 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-08-23): A corrected title commitment was provided. | 08/23/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498251 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | Missing evidence of date final appraisal report was delivered to borrower. |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498252 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.91460% or Final Disclosure APR of 7.97700% is in excess of allowable threshold of APOR 5.17% + 1.5%, or 6.67000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-17): Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498253 | xxxxxx | xxxxxx | 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 xxxxxx | Missing evidence of date final appraisal report was delivered to borrower. |  |  | Reviewer Comment (2022-08-17): Appraisal receipt provided. Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498254 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Properly Executed by all persons vested on title) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed. | Missing Lender signature. |  |  | Reviewer Comment (2022-08-23): Lender signed Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value was provided. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy; OR, (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498255 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (State High Cost Provision) Texas High-Cost Loan (Ability to Repay not Verified) | Texas High-Cost Loan: Borrower's ability to repay not verified with reliable documentation. | Missing VOE completed prior to loan closing. |  |  | Reviewer Comment (2022-08-28): VVOE received dated prior to closing<br>Reviewer Comment (2022-08-26): VVOE not received. Please try resending. | 08/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | 26498256 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $126.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. xxxxxx | Ten Percent fee tolerance exceeded for recording fees. There were no recording fees disclosed on the LE; however, total recording fee of $126 appears on final CD. |  |  | Reviewer Comment (2022-09-02): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.<br>Reviewer Comment (2022-08-26): SitusAMC received COC dated xxxxxx and xxxxxx /2022 stating " The normal title team covers base recording fees as part of their standard fee so none were disclosed. The borrower selected their own title team and they do not cover the base recording fees. Additional estimated recording fees have been identified". However Recording fee has to be disclosed in initial LE itself irrespective of borrower selected their own title or not. Addition of recording Fee due to change in Title Team cannot be considered as valid reason for rebaselining the fee. Please provide a valid COC or cure is due to borrower. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 09/02/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467398 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | The guidelines allow a maximum LTV of 80% for a qualifying credit score of 677. The file contains an Investor exception. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-08-15): Waived with compensating factors per investor exception request in file. |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467441 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the secondary appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467443 | xxxxxx | xxxxxx | 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. | The Safe Harbor requirements are not met due to the Appraisal report shows a different lender than what is on the note. |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467444 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.67292% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .67292%). |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467445 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Lender attestation indicating that (1) the borrower did not qualify for any non-higher-priced loans or (2) the lender does not offer non-higher-priced loans. B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467446 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of 10.16080% or Final Disclosure APR of 10.28300% is in excess of allowable threshold of APOR 5.61% + 1.5%, or 7.11000%. Non-Compliant Higher Priced Loan. | The loan does not meet the Maryland HPML requirements due to missing evidence the borrower received a copy of the Maryland HPML Disclosure. |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | 26467532 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The guidelines allow up to 3 occurrences in the most recent 12-month period. The bank statements reflect the borrower has had 18 occurrences in the last 12-month period. The file contains an Investor exception. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-08-15): Waived with compensating factors per investor exception request in file. |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | 26465998 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | 26465999 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.12903% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .12903%). |  |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | 26498107 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 78.08108% exceeds Guideline loan to value percentage of 75.00000%. | Maximum LTV for a cash out refinance, utilizing P&L only, on the xxxxxx program is 75%. Subject loan was approved at 78.01808% LTV, which exceeds the guideline maximum. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Borrower has been employed in the same industry for more than 5 years. | Reviewer Comment (2022-08-23): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-18): Per email reply, max LTV on xxxxxx P&L only is 70%. Please advise how you would like to handle this condition. |  |  | 08/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | 26468061 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, OR Other, Tax Verification | Missing the Tax Verification and Proof of Free & Clear for the REO located on xxxxxx A property profile report or similar document showing no liens against the property is required to show Free & Clear. |  |  | Reviewer Comment (2022-08-30): Property History Report verifying tax and no mortgage was received. Exception cleared.<br>Reviewer Comment (2022-08-17): The HUD from the purchase in 2015 is not an acceptable document in determining if the property has a mortgage or not. | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | 26468264 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to the Note date or anytime after closing. |  |  | Reviewer Comment (2022-08-17): A gap report was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | 26468841 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-08-17): An updated HOI policy was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | 26469020 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The Appraisal was emailed to the Borrower on xxxxxx , however, there is no confirmation of receipt from the Borrower so the 3 day mail rule was used for testing. Calculated receipt date is xxxxxx . Loan closed on xxxxxx . |  |  | Reviewer Comment (2022-08-14): Client elects to waive |  |  | 08/14/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | 26498238 | xxxxxx | xxxxxx | 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 Desk Review Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-09-01): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-08-26): SitusAMC Received PCCD dated xxxxxx along with Copy of check and LOE. however we require proof of mailing to confirm if the borrower has received copy of check or Not. |  | 09/01/2022 |  | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775920 | xxxxxx | 26456893 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | The appraisal report reflects the estimate of cost-new as xxxxxx and the loan amount is xxxxxx ; however, the hazard policy only reflects coverage of xxxxxx |  |  | Reviewer Comment (2022-09-09): Correct RCE document uploaded IAO $269,447. Refer doc id # D0236. Hence, exception cleared.<br>Reviewer Comment (2022-08-19): The RCE provided reflects $193,361. Insurance is still insufficient. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775920 | xxxxxx | 26504798 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Document provide dis not dated for pull date. Must be within 1 year of closing. |  |  | Reviewer Comment (2022-08-18): Updated Certificate of Good Standing provided. Cleared. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775920 | xxxxxx | 26504799 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-08-26): Articles provided<br>Reviewer Comment (2022-08-18): Articles of incorporation differ from the Operating Agreement provided. Please provide Articles of Organization/Formation. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26505032 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Unit number is missing |  |  | Reviewer Comment (2022-08-17): An undated Flood Cert was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26505078 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The 1003's in file do not specify the borrower's citizenship status. Additional conditions may apply. |  |  | Reviewer Comment (2022-08-18): 1003 provided reflects Non-Perm resident. See added conditions. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26511868 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the transfer letter and AIR for the appraisal. |  |  | Reviewer Comment (2022-08-17): AIR was provided. | 08/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26535590 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | 1003 provided post review indicating borrower is a Non-Perm Resident. Provide the VISA and EAD. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-20): The client elects to waive with comp factors.<br>Reviewer Comment (2022-09-12): The I797 does not clear this condition. The guidelines require a copy of the VISA which was not provided.<br>Reviewer Comment (2022-08-22): EAD provided which expires 5 days after closing. Pending receipt of unexpired VISA. Further, per guidelines, if the visa will expires within 6 months of loan application, a letter from the employer documenting the borrower's continued employment ad continued visa renewal sponsorship is required. The employer on the loan application must be the same as the unexpired VISA. If the visa will expires within 6 months following the close date, evidence that the proper ext steps have been followed per the USCIS website along with proof of payment and proof that ext was done i the timeframe required by the USCIS. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26535608 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | 1003 provided post review indicating borrower is a Non-Perm Resident. Max for Non-Perm Resident is 70%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775142 | xxxxxx | 26535632 | xxxxxx | xxxxxx | Credit | Asset | Asset Eligibility | Asset | Borrower has gift funds which are ineligible per guidelines. | Financial Institution: xxxxxx // Account Type: Gift Funds / Account Number: 0000 | 1003 provided post review indicates borrower is a Non-Perm Resident. Gift funds are not allowed on Non-Perm Residents. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775929 | xxxxxx | 26500282 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Provide the lease agreement for xxxxxx. |  |  | Reviewer Comment (2022-08-23): Lease Agreement provided | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775929 | xxxxxx | 26500303 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Address reflects xxxxxx vs. all other documents which do not. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 26463239 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Provide the RCE. |  |  | Reviewer Comment (2022-10-20): Updated HOI received<br>Reviewer Comment (2022-10-18): The coverage of xxxxxx is insufficient coverage. RCE provided reflects replacement cost of $1,623,000 and loan amount is xxxxxx <br>Reviewer Comment (2022-10-17): The same HOI policy was provided that was in file at time of review with dwelling coverage of $572,000. RCE provided reflects replacement cost of $1,623,000. Borrower has insufficient coverage. | 10/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 26501728 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | The Occupancy Cert reflects use of property is a Primary Residence. |  |  | Reviewer Comment (2022-08-17): A corrected Occupancy Cert was provided. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 26501963 | xxxxxx | xxxxxx | 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 (2022-08-18): Supplement with loan amount listed provided. | 08/18/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 26502020 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | Judgment reflected on title not addressed. |  |  | Reviewer Comment (2022-08-18): Supplement omitting Judgement provided. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 26502081 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Note/DOT+ Riders/CPL/Title/Business Purpose Cert/Occupancy Cert/1003 reflect the city as xxxxxx vs. the Appraisal/CDA/Flood Cert/HOI which reflects the city as xxxxxx. Per a USPS.com search lookup, the correct city is xxxxxx. Provide the corrected documents, LOE to borrower, evidence of delivery to the borrower and the lender's letter of intent to re-record. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors |  |  | 10/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772971 | xxxxxx | 27017811 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines do not allow Assisted Living Facilities. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors |  |  | 10/21/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773220 | xxxxxx | 26467669 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  | Reviewer Comment (2022-08-17): CPL provided. Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775153 | xxxxxx | 26468910 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-22): Gap provided | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775153 | xxxxxx | 26512129 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 10.84 is less than Guideline PITIA months reserves of 12.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-22): Client elects to waive with verified compensation factors |  |  | 08/22/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | 26472915 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-23): UDM on Fraud report shows stopped 7/21<br>Reviewer Comment (2022-08-18): Gap Credit Report not provided. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | 26515654 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Per the HOI policy in effect at the time of loan closing, the HOI coverage of $153,000 is insufficient. Loan file contains a renewal policy with increased coverage dated xxxxxx ; however, we need evidence of increased coverage or an RCE at the time of loan closing. |  |  | Reviewer Comment (2022-08-18): Sufficient HOI coverage provided. | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | 26515752 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines for the bank statement program, receipt of the most recent 2 months' rental income must be documented in a separate account that that used for income qualification. The rental income for the additional REOs was documented being deposited into the same account used for income qualification, which does not meet the guideline requirement. Loan file contains an investor exception request. | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-16): Waived with compensating factors per investor exception request in file. |  |  | 08/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774504 | xxxxxx | 26473877 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.03972% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .03972%). |  |  |  | Reviewer Comment (2022-08-15): Client elects to waive |  |  | 08/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774504 | xxxxxx | 26473880 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $111.55 exceeds tolerance of $63.00. Insufficient or no cure was provided to the borrower. (7520) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-08-29): SitusAMC Received PCCD, LOE, Refund Check and evidence borrower received the Check and PCCD.<br>Reviewer Comment (2022-08-25): SitusAMC received Corrected CD, LOE to borrower and copy of cure refund. We are missing proof of mailing of the refund cure check in order to finalize.<br>Reviewer Comment (2022-08-24): SitusAMC received corrected PCCD, LOE and copy of check for $36.85. Total cure required for credit report fee is $48.55. Cure provided on final CD is $11.55 and on PCCD its $36.85 which totals $48.40. Still $0.15 is remaining to cure. Please provide remaining cure along with corrected PCCD, copy of check proof of delivery and revised LOE. |  | 08/29/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | 26473561 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 52.48133% exceeds Guideline total debt ratio of 43.00000%. | The guidelines allow a maximum DTI of 43% when the loan is qualified using asset utilization income. The verified DTI is 52.48%. The lender used social security income of $4,495; however, only $2,247.50 is eligible due to the borrower's children will reach the age of 18 in the next year; therefore, there is not a 3 year continuance. In addition, the lender used 80% of the retirement income to qualify for the asset utilization income; however, the guidelines only allow 60% of retirement assets to be used when the borrower is not of retirement age. |  |  | Reviewer Comment (2022-08-18): There is a 3-year continuance for the younger child and the income was applied. The DTI is 40.77297% | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | 26473587 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the guidelines allow a maximum DTI of 43% when the loan is qualified using asset utilization income. The verified DTI is 52.48%. The lender used social security income of $4,495; however, only $2,247.50 is eligible due to the borrower's children will reach the age of 18 in the next year; therefore, there is not a 3 year continuance. In addition, the lender used 80% of the retirement income to qualify for the asset utilization income; however, the guidelines only allow 60% of retirement assets to be used when the borrower is not of retirement age. |  |  | Reviewer Comment (2022-08-18): There is a 3-year continuance for the younger child and the income was applied. The DTI is 40.77297% | 08/18/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | 26473588 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to the guidelines allow a maximum DTI of 43% when the loan is qualified using asset utilization income. The verified DTI is 52.48%. The lender used social security income of $4,495; however, only $2,247.50 is eligible due to the borrower's children will reach the age of 18 in the next year; therefore, there is not a 3 year continuance. In addition, the lender used 80% of the retirement income to qualify for the asset utilization income; however, the guidelines only allow 60% of retirement assets to be used when the borrower is not of retirement age. |  |  | Reviewer Comment (2022-08-18): There is a 3-year continuance for the younger child and the income was applied. The DTI is 40.77297% | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | 26473589 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 52.48133% significantly exceeds the guideline maximum of 43.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | The guidelines allow a maximum DTI of 43% when the loan is qualified using asset utilization income. The verified DTI is 52.48%. The lender used social security income of $4,495; however, only $2,247.50 is eligible due to the borrower's children will reach the age of 18 in the next year; therefore, there is not a 3 year continuance. In addition, the lender used 80% of the retirement income to qualify for the asset utilization income; however, the guidelines only allow 60% of retirement assets to be used when the borrower is not of retirement age. |  |  | Reviewer Comment (2022-08-18): There is a 3-year continuance for the younger child and the income was applied. The DTI is 40.77297% | 08/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | 26473590 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-08-16): Client elects to waive |  |  | 08/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775654 | xxxxxx | 26469248 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  | Reviewer Comment (2022-08-19): Bylaws provided | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775654 | xxxxxx | 26515149 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | HO6 policy does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-09-12): Dec page provided reflecting additional insured as Entity. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775654 | xxxxxx | 26515284 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-24): Received screenshots from SAM.gov for the red alerts in fraud report. Hence, all the red alerts are cleared. Exception cleared.<br>Reviewer Comment (2022-08-23): Noted the information is provided for SSN and CDA however all Red alerts are not getting cleared as we don't have any clarification or relevant document to clear the Sam.gov red alert. Please provide supporting docs to clear the condition. Exception remains. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775654 | xxxxxx | 26515302 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: xxxxxx % of Business Ownership: 81.00% | Per guidelines, all members must Guaranty the loan and provide credit documents. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-22): It does not make a difference who the additional member is, spouse or other. This is a guideline requirement. Lender can request the investor waive.<br>Reviewer Comment (2022-08-19): The attached does not clear this condition. This is a guideline requirement that all members must guaranty the loan and provide credit documents. The Guarantor only owns 81% of the business. |  |  | 09/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511120 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The appraisal with an effective date of xxxxxx has a completion date of xxxxxx , which is post close (appears to be an update). Provide the pre-close appraisal for xxxxxx | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-06): The client elects to waive with comp factors.<br>Reviewer Comment (2022-08-25): Lender would like to utilize the new appraised value vs. the old and not provide an updated appraisal. Requests investor review.<br>Reviewer Comment (2022-08-19): Lender would like to utilize the new appraisal value vs. the old and not provide any updated appraisal |  |  | 09/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511218 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | The Closing Statement in file is not executed nor stamped certified by the title agent. |  |  | Reviewer Comment (2022-08-23): Received Final HUD-1 executed by certified title agent. Exception Cleared<br>Reviewer Comment (2022-08-17): Closing Statement provided is not stamped certified by the Title Agent. Exception remains. | 08/23/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511229 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Wire Ticket to Settlement Agent. |  |  | Reviewer Comment (2022-08-17): Wire Ticket provided. Cleared. | 08/17/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511255 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-08-17): Property is Vacant. Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511262 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 82.18085% exceeds Guideline loan to value percentage of 75.00000%. | Two appraisals were completed in file. The lender utilized the higher appraised value. The lower of the 2 should have been utilized. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-26): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-08-25): Lender would like to utilize the new appraised value vs. the old and not provide an updated appraisal. Requests investor review.<br>Reviewer Comment (2022-08-19): Lender would like to utilize the new appraisal value vs. the old and not provide any updated appraisal |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511272 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | City does not match the Note |  |  | Reviewer Comment (2022-08-17): Updated Flood Certificate provided. Cleared. | 08/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776391 | xxxxxx | 26511375 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Executive Term Sheet |  |  | Reviewer Comment (2022-09-06): Document provided doc id # D0091. Exception cleared. | 09/06/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776452 | xxxxxx | 26478621 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing the Final Title Policy. |  |  | Reviewer Comment (2022-09-13): Title Final Received. Exception Cleared. | 09/13/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26478801 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance. |  | Verified the Hazard Insurance Policy does not have a Policy Number on it. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-20): Client elects to waive |  |  | 08/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26479026 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing the Verification of Rent for the Borrower. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-13): No VOR present in trailing documents. Please provide a VOR. Exception remains. |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26479968 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.22 is less than Guideline PITIA months reserves of 6.00. | The reserves of 3.22 does not meet the Lender Guidelines requirement of 6.00 reserves. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-13): The document provided only covers 1 day and is not acceptable. |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26551417 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Missing blanket project policy for subject property. |  |  | Reviewer Comment (2022-08-24): Received | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26551418 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-23): Received gap credit report dated xxxxxx Exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26551419 | xxxxxx | xxxxxx | 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 (2022-09-13): Title Final Received. Exception Cleared. | 09/13/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776452 | xxxxxx | 26551420 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1073/465 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx xxxxxx |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-20): Client elects to waive |  |  | 08/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | 26487188 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  |  |  |  | Reviewer Comment (2022-08-26): Received<br>Reviewer Comment (2022-08-26): Operating income statement does not clear this condition. Please provide 1007 Rent Comparison Schedule. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | 26487519 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-21): Client elects to waive |  |  | 08/21/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | 26487691 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 58.86860% exceeds Guideline total debt ratio of 50.00000%. | Calculated investor qualifying total debt ratio of 58.86860% exceeds Guideline total debt ratio of 50.00000%. Per the 1008 in the file, Lender failed to include borrower's primary residence payment and included rental income for the subject property. Please provide 1007 Rent Comparison Schedule for investment property income. |  |  | Reviewer Comment (2022-08-26): Received 1007 reflecting rental income for subject | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | 26551484 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-26): Received | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776442 | xxxxxx | 26472108 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  |  |  |  | Reviewer Comment (2022-08-24): Received | 08/24/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776442 | xxxxxx | 26472233 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the 12 month mortgage history for the borrower's primary residence. |  |  | Reviewer Comment (2022-09-13): Per documents provided, new mortgage just taken out 7/2022. Prior to, free and clear.<br>Reviewer Comment (2022-08-30): The HOI with no mortgagee is not verification of free and clear and reconveyance provided is from 2018. Provide a current property profile report reflecting free and clear. The Fraud Report reflects a lien taken out on primary residence.<br>Reviewer Comment (2022-08-24): No additional documents attached to complete a 12 month mortgage history for borrower's primary residence. There are 2 recently closed mortgages on credit, but no open mortgages and no evidence either of the closed mortgages are tied to the primary residence. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776442 | xxxxxx | 26648354 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Per guidelines, borrowers can be a maximum of 1x30x12 on mortgage history with no reduction; however, if lates exceed 1x30x12 on a purchase transaction, LTV Is limited to 70%. Credit report provided reflects borrower was 2x30 in prior 12 months; 1x30 in xxxxxx and xxxxxx in xxxxxx 21. Max LTV is 70% and loan was approved at 75%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-25): Client elects to waive with verified compensation factors |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 774922 | xxxxxx | 26483972 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484565 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Large deposits were not sourced and/or letter of explanation was not provided. |  | The guidelines require all large deposits to be documented. The checking account reflects a deposit of $96,000 on xxxxxx that is not verified in the file. |  |  | Reviewer Comment (2022-09-08): Ops Agreement provided along with email confirmation LOE from borrower stating spouse signed the document. Acceptable.<br>Reviewer Comment (2022-08-29): Investor to review signature on Operating Agreement provided and Note signed at closing and advise they are willing to accept as they do not match.<br>Reviewer Comment (2022-08-29): Reopen<br>Reviewer Comment (2022-08-29): Ops agreement provided executed and dated<br>Reviewer Comment (2022-08-23): Operating agreement provided is not signed/dated by member(s). Please provide signed/dated operating agreement.<br>Reviewer Comment (2022-08-23): No relevant document provided to clear the exception. Please provide the document.<br>Reviewer Comment (2022-08-22): The one page printout received shows the money was transferred from another business account; however, file contains no evidence of who owns this business. Please provide evidence borrowers are owner of this business or provide gift letter, as these would be considered gift funds. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484689 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-22): Received VOR and 6 months canceled checks; however borrowers are FTHB and 0x30x12 housing history is required. Please provide additional 6 months canceled checks. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484953 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-08-17): Client elects to waive |  |  | 08/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484954 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.65300% or Final Disclosure APR of 7.71500% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-08-22): Received appraisal delivery notice. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484955 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-08-22): Received appraisal delivery notice. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484956 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | The file is missing evidence the borrower received a copy of the New York Subprime Counseling Disclosure. |  |  | Reviewer Comment (2022-08-17): Client elects to waive |  |  | 08/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484957 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.65300% or Final Disclosure APR of 7.71500% is in excess of allowable threshold of Prime Mortgage Market Rate 5.51000 + 1.75%, or 7.26000%. Non-Compliant SubPrime Loan. | The loan is New York Subprime Home Loan Non Compliant due to the file is missing evidence the borrower received a copy of the New York Subprime Counseling Disclosure. |  |  | Reviewer Comment (2022-08-17): Client elects to waive |  |  | 08/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26484958 | xxxxxx | xxxxxx | 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 Title - Settlement / Closing / Escrow Fee. Fee Amount of $1,295.00 exceeds tolerance of $1,200.00. Insufficient or no cure was provided to the borrower. (7561) | The Title - Settlement Fee increased from $1,200.00 on the initial Loan Estimate to $1,295.00 on the Loan Estimate dated xxxxxx without a valid change of circumstance. |  |  | Reviewer Comment (2022-08-22): SitusAMC Received PCCD, LOE, Copy of check and delivery report for the cure provided. |  | 08/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774922 | xxxxxx | 26527589 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , Borrower: xxxxxx P&L Statement<br> P&L Statement | Guidelines for full documentation self-employed borrowers requires a YTD P&L if the Note date is more than 90 days from the last tax return date. Note date is xxxxxx and YTD P&L were not provided for the borrower or co-borrower's self-employed income. |  |  | Reviewer Comment (2022-09-02): YTD P&L was provided<br>Reviewer Comment (2022-08-29): Investor to review signature on Operating Agreement provided and Note signed at closing and advise they are willing to accept as they do not match.<br>Reviewer Comment (2022-08-23): Operating agreement provided is not signed/dated by member(s). Please provide signed/dated operating agreement.<br>Reviewer Comment (2022-08-22): The P&L received is not for the business used at origination for income calculations. Please provide YTD P&L for business listed on 1003 and used in income qualifying. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26483820 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-08-19): UDM provided | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26483941 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Verification of Mortgage for borrower's primary residence. |  |  | Reviewer Comment (2022-08-19): Fraud report shows previous mtg on primary is on credit report closed for 99 months and current mtg statement provided along with UDM. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26484906 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Insurance Verification, Other, Tax Verification | Missing Tax and Insurance verification, along with evidence the REO on xxxxxx is owned F&C. |  |  | Reviewer Comment (2022-09-01): Received<br>Reviewer Comment (2022-08-26): The HOA dues were provided, however we did not receive the HO6 policy. The blanket HOI policy for the HOA was provided again which does not cover walls-in. Provide the HO6 policy.<br>Reviewer Comment (2022-08-24): No new documents received. We need just the HO6 policy and proof of HOA dues for xxxxxx. Please only provide those documents as over 400 documents were uploaded that do not clear this condition.<br>Reviewer Comment (2022-08-23): Still need borrower's HO-6 policy and proof of HOA dues. Please upload just those documents, as we have received 400+ pages of documents and they did not contain these two requested documents.<br>Reviewer Comment (2022-08-19): Received tax verification, blanket HOI and evidence free and clear. Pending receipt of HO6 policy and evidence of HOA dues. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26484910 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx P&L Statement | Guidelines for the full documentation income program for self employed borrowers require signed and dated 1040s and a YTD P&L statement. Loan file does not contain signed and dated 1040s or a YTD P&L statement. |  |  | Reviewer Comment (2022-08-26): YTD P&L provided<br>Reviewer Comment (2022-08-19): Signed and dated 1040's provided. Pending receipt of YTD P&L. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26522747 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-24): Received<br>Reviewer Comment (2022-08-22): Please provide a clearance report or provide an LOE/supporting documents addressing all high risk red flags. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26522779 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to missing YTD P&L statement. |  |  | Reviewer Comment (2022-09-01): LOE, updated 1003, and 1008 provided. Per lender attestation, Schedule C income was not used to qualify by the original UW<br>Reviewer Comment (2022-09-01): An income worksheet does not clear this condition. Need third party evidence of self-employment dated prior to consummation date.<br>Reviewer Comment (2022-08-27): The requirement to verify consumer's employment status before consummation using third party records is a requirement under 1026.43(c)(2), not a guideline requirement, therefore a lender exception or guidelines not requiring this will not suffice to clear or waive the exception (if verification of employment is not required, the guidelines do not address the 8 ATR factors). Provide third party verification of employment dated prior to closing.<br>Reviewer Comment (2022-08-24): P&L provided is dated after the note date. Please provide YTD P&L dated prior to Note date. | 09/01/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Second Home | Purchase | Lender to provide updated ATR/QM status C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26522780 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Schedule C Test | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. xxxxxx/Schedule C) | A YTD P&L statement is required for the borrower's Schedule C income used to qualify. |  |  | Reviewer Comment (2022-09-01): LOE, updated 1003, and 1008 provided. Per lender attestation, Schedule C income was not used to qualify by the original UW<br>Reviewer Comment (2022-09-01): An income worksheet does not clear this condition. Need third party evidence of self-employment dated prior to consummation date.<br>Reviewer Comment (2022-08-27): The requirement to verify consumer's employment status before consummation using third party records is a requirement under 1026.43(c)(2), not a guideline requirement, therefore a lender exception or guidelines not requiring this will not suffice to clear or waive the exception (if verification of employment is not required, the guidelines do not address the 8 ATR factors). Provide third party verification of employment dated prior to closing. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | 26522781 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to missing YTD P&L statement. |  |  | Reviewer Comment (2022-09-01): LOE, updated 1003, and 1008 provided. Per lender attestation, Schedule C income was not used to qualify by the original UW | 09/01/2022 |  |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771929 | xxxxxx | 26485724 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-08-19): BP Cert provided | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771929 | xxxxxx | 26485840 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-19): Cleared report provided | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771929 | xxxxxx | 26521733 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI mailing address for the borrower is the same as the subject property. |  |  | Reviewer Comment (2022-08-26): Per new client direction, this is no longer an issue if there is no occupancy concerns. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771929 | xxxxxx | 26521818 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | The CPL does not reflect the full address; only reflects xxxxxx, city and state. |  |  | Reviewer Comment (2022-08-26): Corrected CPL provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 771929 | xxxxxx | 26521847 | xxxxxx | xxxxxx | Compliance | Loan Package Documentation | Closing / Title | Loan Package Documentation | (Doc Error) Security Instrument Error: Notary Date was not provided |  | Notary date not present, estimated consummation date used for testing purposes. |  |  | Reviewer Comment (2022-08-29): Received Recorded Security Instrument with Notary date xxxxxx . Exception cleared.<br>Reviewer Comment (2022-08-25): Because there is no evidence of the seller's comments, a xxxxxx affidavit will be required, along with an LOE to the borrower and evidence of delivery to the borrower.<br>Reviewer Comment (2022-08-23): Date was added to the notary page already in file. xxxxxx affidavit, LOE to borrower, evidence of delivery to the borrower and LOI. | 08/29/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 773277 | xxxxxx | 26537906 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Official Check not provided |  | Per the gift letter, the gift funds were to be transferred at the close of escrow. The final CD does not reflect that gift funds were received by escrow. Please provide evidence these funds were transferred to escrow. |  |  | Reviewer Comment (2022-08-24): Received<br>Reviewer Comment (2022-08-23): The gift letter referenced on page 208 of the closing package indicates the gift is in the amount of $165,000. Please provide evidence these funds were transferred to escrow to clear this condition.<br>Reviewer Comment (2022-08-19): The document the seller referenced is for $125, 0000. The gift letter provided is for $165,000. Condition remains. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 773277 | xxxxxx | 26537908 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-19): Clearance LOE provided with supporting docs in file | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26500959 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Lender on the Appraisal Fundloans differs from the Note xxxxxx and a Appraisal Transfer Letter is missing. |  |  | Reviewer Comment (2022-08-18): Client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26502943 | xxxxxx | xxxxxx | 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 xxxxxx) | The Initial Closing Disclosure was not signed and dated and was issued less than 6 days prior to closing. |  |  | Reviewer Comment (2022-08-23): SitusAMC received Loan History Details for CD dated xxxxxx & xxxxxx . | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534692 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-23): Gap provided | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534842 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Missing VVOE dated within 10 calendar days of Note date for borrower. |  |  | Reviewer Comment (2022-08-24): VVOE provided via email and uploaded<br>Reviewer Comment (2022-08-23): The VVOE provided is only signed. All data, including date of VVOE, is blank. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534897 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-18): Client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534898 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to missing VVOE for borrower wage income. |  |  | Reviewer Comment (2022-08-24): VVOE provided via email and uploaded<br>Reviewer Comment (2022-08-23): The VVOE provided is only signed. All data, including date of VVOE, is blank. | 08/24/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534899 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (xxxxxx xxxxxx/xxxxxx/Wages) | Loan file is missing VVOE for borrower's wage income. |  |  | Reviewer Comment (2022-08-24): VVOE provided via email and uploaded<br>Reviewer Comment (2022-08-23): The VVOE provided is only signed. All data, including date of VVOE, is blank. | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | 26534900 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to missing VVOE for borrower wage income. |  |  | Reviewer Comment (2022-08-24): VVOE provided via email and uploaded<br>Reviewer Comment (2022-08-23): The VVOE provided is only signed. All data, including date of VVOE, is blank. | 08/24/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774748 | xxxxxx | 26488290 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | The dwelling coverage does not cover at minimum the loan amount or the RCE must be provided. |  |  | Reviewer Comment (2022-08-19): The guidelines are not specific on coverage. LOE from agency provided stated all claims will be handled on a replacement cost basis. Acceptable. | 08/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774748 | xxxxxx | 26530294 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Provide evidence of ownership in xxxxxx |  |  | Reviewer Comment (2022-08-24): LOE supporting evidence of access to business funds uploaded on xxxxxx was associated.<br>Reviewer Comment (2022-08-22): Account referenced in condition is for xxxxxx Business account listed to xxxxxx | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774748 | xxxxxx | 26530410 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Interested Party Transaction. Borrower is representing themselves as the Realtor. Commission may not be used for down payment, closing costs or reserves. The Final CD reflects a xxxxxx Credit of $12,971.50. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-30): Exceptions must come from the investor<br>Reviewer Comment (2022-08-24): The UW comments do not clear this condition. Guidelines do not allow commission to be used for down payment, closing costs or reserves on the transaction. |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775635 | xxxxxx | 26488575 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Provide evidence of ownership in xxxxxx Borrower's access to business funds is limited to the % owned in the company. |  |  | Reviewer Comment (2022-08-31): Exception cleared as CPA letter received | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775635 | xxxxxx | 26533525 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Property up to 2-acres, not meeting the rural definition, eligible. Property is xxxxxx acres and Suburban. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26490892 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $166,063.73 is less than Cash From Borrower $230,918.25. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26490903 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Lender exception in file. Must be approved by the Investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-22): Client elects to waive with verified compensation factors |  |  | 08/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26490911 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | A BPO is required for securitization. |  |  | Reviewer Comment (2022-08-22): BPO provided. See added exceptions | 08/22/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26491003 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-22): Client elects to waive with verified compensation factors |  |  | 08/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26491018 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | Borrower: xxxxxx | Lender exception in file. Must be approved by the Investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-22): Client elects to waive with verified compensation factors |  |  | 08/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26531865 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | When the credit report contains tradelines disputed by the borrower, the credit file should be documented with a credit supplement showing the account(s) have been resolved. The total aggregate balance of accounts in dispute remaining unresolved can't exceed $2,000. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-08-22): Client elects to waive with verified compensation factors |  |  | 08/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26532578 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Note/DOT+ Riders/Appraisal/BPO reflect the address as xxxxxx vs all other documents which reflect xxxxxx a lookup of the USPS, the correct address is xxxxxx Provide the corrected documents, LOE to borrower, evidence of delivery to the borrower and lender's letter of intent to re-record. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-07): Received corrected Note, DOT+ Riders, 1003, Occupancy Cert LOE to borrower and evidence of delivery to the borrower. Pending receipt of updated appraisal, BPO and Business Purpose Cert. |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26592847 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Number of Units on the Appraisal does not match the number of Units on the BPO. | Valuation Type: BPO / Valuation Report date: xxxxxx | BPO: 4 units; Appraisal; 5 units |  |  | Reviewer Comment (2022-10-03): See new exception for 2nd appraisal mismatch. Higher tiered product than BPO. | 10/03/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26592859 | xxxxxx | xxxxxx | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation was BPO and does not support the value used to qualify.; Sec ID: 6 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-03): Second appraisal provided, interior/exterior, which supports value. Higher tier product than BPO.<br>Reviewer Comment (2022-09-12): 1 BPO cannot be utilized to supersced another BPO. The most recent BPO is required to be utilized. | 10/03/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 774951 | xxxxxx | 26914283 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | The property type differs between the valuation documents in file. Unable to verify the property type. Ineligible per guidelines. |  | Origination appraisal noted xxxxxx. Second appraisal provided reflects xxxxxx property which was completed on a xxxxxx. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-11-07): The client elects to waive.<br>Reviewer Comment (2022-11-07): Primary appraisal reflects 5 units. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B C |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26492986 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26492988 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26492994 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26492998 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26492999 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26493001 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Trust Agreement not provided |  | Provide the Trust Agreement/Certification for both Trusts listed on the Note. |  |  | Reviewer Comment (2022-08-22): Received | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26534101 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The credit report used to evaluate a loan may not reflect a security freeze. If the borrower(s) unfreeze credit after the date of the original credit report, a new tri-merged report must be obtained to reflect current and updated information from all repositories. The merge report pulled on xxxxxx reflects xxxxxx locked per consumer's request for both Guarantors. |  |  | Reviewer Comment (2022-08-31): Received<br>Reviewer Comment (2022-08-29): A freeze and a lock are the same thing. When the original credit report was obtained xxxxxx all 3 reports were available. When the gap report was obtained on xxxxxx , it now shows the xxxxxx file is locked and if you look at the tradelines, there are none reporting through xxxxxx. We would need an updated gap report with xxxxxx not in locked status to be able to determine that no new trades were incurred.<br>Reviewer Comment (2022-08-23): No seller comments were provided for this condition nor trailing documents. | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 771817 | xxxxxx | 26534105 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | There are 2 PPP riders to the Note, executed by the borrower, with different terms. Once reflects a term of 5% and the other 6 months interest over 20% OPB. Please provide the correct PPP rider, LOE to borrower, and evidence of delivery to the borrower. |  |  | Reviewer Comment (2022-08-22): Corrected PPP and LOE with evidence of delivery were provided. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | Yes | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26490854 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  | Reviewer Comment (2022-08-24): Flood Certificate received, Exception Cleared | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26491031 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA: City does not match the Note. |  |  | Reviewer Comment (2022-08-29): Revised CDA and appraisal provided | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26534476 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraiser to update the project description on page 1 to xxxxxx. Per the design style for subject property and comparables and also per title description, property is a xxxxxx. |  |  | Reviewer Comment (2022-08-29): Updated appraisal provided | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26534527 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  | , |  | Reviewer Comment (2022-08-25): The file has document from SAM.gov for the verification of xxxxxx. All the red flags are addressed. Document attached. Exception cleared.<br>Reviewer Comment (2022-08-24): Noted the information is provided for SSN and CDA however all Red alerts are not getting cleared as we don't have any clarification or relevant document to clear the Sam.gov red alert. Please provide supporting docs to clear the condition. Exception remains. | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26534661 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Both the Master Policy and HO6's city for the subject property does not a match the Note. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-08): Both the master policy and HO6 policy are dated post closing and not acceptable. Please provide the corrected pre-close documents.<br>Reviewer Comment (2022-08-31): Received Master policy with the correct City name However, HO6 Policy still pending with the correct City as per Note.<br> Exception Remains. |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775777 | xxxxxx | 26534690 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: xxxxxx % of Business Ownership: 81.00% | Per guidelines, all members are required to Guaranty the loan and provide credit documents. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-09): Credit report provided (preclose) and guarantor agreement (preclose). Still pending receipt of executed and completed application, fraud report, identification (if not a US citizen), VOM/VOR).<br>Reviewer Comment (2022-08-23): Guarantor Agreement provided. All pre-close credit documents are also required for the additional guarantor. (application, credit report, fraud report, ID, etc). |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776461 | xxxxxx | 26506057 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | CDA provided is missing the Unit #. |  |  | Reviewer Comment (2022-08-24): Received | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776461 | xxxxxx | 26537499 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-19): Received Credit Gap report dated xxxxxx Exception cleared.<br>Reviewer Comment (2022-08-24): Received post-closed credit report dated xxxxxx Need credit gap report which is within 10 days of note date xxxxxx Please provide the same. Exception remains. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776461 | xxxxxx | 26537580 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-18): Client elects to waive |  |  | 08/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776461 | xxxxxx | 26537582 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-09-16): SitusAMC Received COC dated xxxxxx with a valid reason for change.<br>Reviewer Comment (2022-08-24): SitusAMC received COC dated xxxxxx that shows discount points increased from $2819.25 to $4400.40, however, discount points increased from $2591.03 to $4400.40 on xxxxxx CD. Please provide an updated COC document with correct amounts mentioned for discount points increase on xxxxxx CD. Exception remains. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774946 | xxxxxx | 26541266 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Unit is missing |  |  | Reviewer Comment (2022-08-25): Updated flood cert | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774946 | xxxxxx | 26541297 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Final CD reflects over $78K in exchange funds transferred however exchange documents in file only support $9,716.49 in proceeds. Provide the corrected Final Settlement Statement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-19): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-31): The snip shows holdback of $70K for tax liens which would not be applied to exchange funds. If the funds were released and applied towards the exchange cuz the tax liens were already released, evidence of this will need to provided of the paper trail to this. Or Investor can elect to waive with verified compensation factors. |  |  | 10/19/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775589 | xxxxxx | 26505072 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Lender on the Appraisal xxxxxx does not match the Lender on the Note xxxxxx | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-19): client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26505215 | xxxxxx | xxxxxx | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | Borrower: xxxxxx | The United States of America Employment Authorization Card expires xxxxxx and does not meet the Lender Guidelines to be Valid within 6 Months of the Loan Application date of xxxxxx . Loan file contains investor exception request. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-19): Waived with compensating factors per investor exception request report in file. |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26506466 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional xxxxxx) | Documentation has not been provided that the Borrower signed acknowledging receipt of the Appraisal within the timing requirements or waived the timing requirements. |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26506467 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26506476 | xxxxxx | xxxxxx | 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 $2,713.00 exceeds tolerance of $2,379.00 plus 10% or $2,616.90. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | 10% Fee Tolerance exceeds tolerance with insufficient cure provided to the Borrower. |  |  | Reviewer Comment (2022-08-15): Sufficient Cure Provided At Closing |  | 08/15/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26506480 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.11253% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.11253%). |  |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26506496 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.41 is less than Guideline PITIA months reserves of 6.00. | Reserves of 3.41 do not meet the guideline requirement of 6 months. Loan file contains an investor exception request. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-19): Waived with compensating factors per investor exception request report in file. |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775589 | xxxxxx | 26550316 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOR provided was from a private individual. Guidelines require canceled checks or bank statements. Borrower is also a FTHB which requires a 0x30x12 housing history. The loan file contains 5 checks (which are not canceled) and 1 rent receipt, which does not meet the guideline requirement. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-25): To clear this condition we need 12 months cancelled checks or bank statements verifying the rent payments. Please provide the same. Exception remains. |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773979 | xxxxxx | 26501004 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-08-24): Fraud Report provided, Exception Cleared | 08/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773979 | xxxxxx | 26541496 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI reflects a mailing address for the borrower which is the same as the subject property. |  |  | Reviewer Comment (2022-09-15): Exception Cleared HOI is reflecting address which is other than subject property | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773979 | xxxxxx | 26541538 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided |  |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-23): Investor requires property riders on all loans. Please request a waiver from the investor. |  |  | 08/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773979 | xxxxxx | 26541706 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the travel waiver provided, to be eligible to travel under the VWP, xxxxxx Citizens must have the unrestricted right of permanent abode in xxxxxx. There is no evidence of this provided. Passport only state xxxxxx. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-29): The investor emailed at time of review and instructed us to utilize their guidelines. If the investor needs this loan re-reviewed to lender guidelines, they will need to email us and advise.<br>Reviewer Comment (2022-08-26): Per the investor, this loan was UW to their investor guidelines. Condition remains. |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773979 | xxxxxx | 26541795 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided |  | Only 1 credit reference letter was provided (when 2 are required) and it does not meet the guideline requirements: Credit Reference letter(s) from a verified financial institutions in the borrower's country of origin<br> ▫ A reference letter must be from an internationally known financial institution.<br> ▫ Each letter of reference must state the type and length of the relationship, how the account is held, payment amount, outstanding balance and status of account including a minimum 12-month payment history.<br> ▫ A single reference source may provide verification of multiple accounts. Individual account detail must be provided.<br> ▫ The letter must mention the borrower by name.<br> ▫ Name, title & contact information of the person signing the letter must be included.<br> ▫ Currency must be converted to U.S. Dollars and signed and dated by certified translator.<br> ▫ All documents must be translated into English.<br> ▪ Credit Card Statements – minimum of twelve (12) recent credit card statements reflecting a timely payment history. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-29): The investor emailed at time of review and instructed us to utilize their guidelines. If the investor needs this loan re-reviewed to lender guidelines, they will need to email us and advise.<br>Reviewer Comment (2022-08-26): Per the investor, this loan was UW to their investor guidelines. Condition remains. |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773979 | xxxxxx | 26541846 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The 1003 in file reflects the borrower currently rents the primary residence on page 1, however under REO section shows they own this property. FTHB are not allowed on DSCR. Provide evidence borrower owns current primary or has owned a property within the past 36 months. |  |  | Reviewer Comment (2022-09-20): An updated application was provided.<br>Reviewer Comment (2022-09-15): The document provided is not acceptable as it does not reflect an address and just shows it is land in the description. If this is for the primary residence on the 1003, then the 1003 will need to be updated as to where the borrower is living as well as borrower will be considered a FTHB and an exception warranted. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772161 | xxxxxx | 26512939 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 7.55923% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or 2.55923%). |  |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26512155 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Missing Approval. |  |  | Reviewer Comment (2022-08-23): Approval provided xxxxxx Exception cleared. | 08/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26512239 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-09-08): Received Credit Gap Report dated xxxxxx Exception cleared.<br>Reviewer Comment (2022-08-23): Received duplicate credit report dated xxxxxx Need Gap credit report dated within 10 days prior to note date xxxxxx Exception remains. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26513489 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of Appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26513490 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.98010% or Final Disclosure APR of 11.08500% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-12): Appraisal delivery along with invoice to show xxxxxx was the appraisal servicer was provided.<br>Reviewer Comment (2022-09-08): The document provided is from xxxxxx which is not the appraisal provider. Further, the document states "a report" was delivered on xxxxxx and then the trailing document reflects "Delivered Certificate". There is no evidence that this is the delivery of the appraisal report. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26513491 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgement of receipt of Appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-09-12): Appraisal delivery along with invoice to show xxxxxx was the appraisal servicer was provided.<br>Reviewer Comment (2022-09-08): The document provided is from xxxxxx which is not the appraisal provider. Further, the document states "a report" was delivered on xxxxxx and then the trailing document reflects "Delivered Certificate". There is no evidence that this is the delivery of the appraisal report.<br>Reviewer Comment (2022-09-02): Nothing was found in trailing docs.<br>Reviewer Comment (2022-09-01): No additional documents have been received since xxxxxx . Please try reuploading or send directly to DD firm.<br>Reviewer Comment (2022-08-29): No additional documents received. Please try resending.<br>Reviewer Comment (2022-08-26): No additional documents received. Please try resending.<br>Reviewer Comment (2022-08-23): The document provided is from xxxxxx which is not the appraisal provider. Further, the document states "a report" was delivered on xxxxxx , however the appraisal in file was not completed until xxxxxx . Provide evidence of delivery of the appraisal report completed xxxxxx within 3 business days prior to consummation. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26513492 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.42116% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .42116%). |  |  |  | Reviewer Comment (2022-08-19): Client elects to waive |  |  | 08/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | 26550533 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOR provided is from a private individual. Per guidelines, canceled checks or bank statements are required when VOR is from a non-institutional lender. Borrower is also a FTHB, which requires a 0x30x12 housing history. Canceled checks were not provided. Loan file contains investor exception request; however, it states only 6 months canceled checks are required, which does not meet the guideline requirement of 12 months. Please provide updated exception request. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-08-24): Waived with compensating factors per investor exception request report.<br>Reviewer Comment (2022-08-23): Cancelled checks provide for 12 months, however missing checks for 6/2022 and 7/2022. Investor exception in file, however comp factors are incorrect. Residual income is not 2.5x above amount required and credit score is 28 points above minimum. Please revise. |  |  | 08/24/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | 26513496 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The Appraiser's License Effective Date of xxxxxx was after the Effective Date of the Appraisal of xxxxxx and the Signature and Report Date of xxxxxx . Please provide documentation that the Appraiser's License was Effective at the time of the Appraisal. |  |  | Reviewer Comment (2022-08-25): As per the document provided Appraiser's License was active at the time of appraisal | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | 26513802 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Insurance Verification | Missing Insurance Verification Property at xxxxxx |  |  | Reviewer Comment (2022-08-25): Received<br>Reviewer Comment (2022-08-25): Remains | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | 26515235 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | Documentation has not been provided that the Borrower received a copy of the Appraisal. |  |  | Reviewer Comment (2022-08-22): Client elects to waive |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | 26585304 | xxxxxx | xxxxxx | 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 Collateral Desktop Analysis. Fee Amount of $205.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-08-25): Sufficient cure was provided at closing.<br>Reviewer Comment (2022-08-25): situsAMC Received duplicate COC dated xxxxxx stating "Updated fees to match title" along with Invoice which is not sufficient reason. Please provide valid COC with additional information which can explain why Collateral Desktop Analysis Fee added on CD dated xxxxxx or Please provide cure along with cure documents. | 08/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | 26665913 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $205.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75106) | Zero percent fee tolerance exceeded; however, sufficient cure was provided at closing. |  |  | Reviewer Comment (2022-08-25): Sufficient Cure Provided At Closing |  | 08/25/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | 26512639 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.08348% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .08348%). |  |  |  | Reviewer Comment (2022-08-22): Client elects to waive |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | 26593615 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-22): Client elects to waive |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | 26593616 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.07800% or Final Disclosure APR of 8.07700% is in excess of allowable threshold of APOR 5.61% + 1.5%, or 7.11000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-08-26): Received appraisal delivery notice | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | 26593617 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-08-26): Received appraisal delivery notice | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26516592 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | The guidelines require a minimum of 12-month rental history for a First Time Home Buyer. The borrower has been living rent free for last 3 years and 2 months; therefore, does not have the required rental history. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-30): Client elects to waive with verified compensation factors |  |  | 08/30/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517280 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 47.77657% exceeds Guideline total debt ratio of 43.00000%. | The loan was approved with a DTI of 47.77%. The file contains an Investor exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-22): Waived with compensating factors per investor exception request report in file. |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517281 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.67 is less than Guideline PITIA months reserves of 6.00. | The file contains an Investor exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-22): Waived with compensating factors per investor exception request report in file. |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517400 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The file contains documentation that the borrower received the appraisal report on xxxxxx ; however, the appraisal report in the file is dated xxxxxx . There is not evidence in the file that the borrower received a copy of the final appraisal report. |  |  | Reviewer Comment (2022-08-22): Client elects to waive |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517402 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the loan was approved with a DTI of 47.77% when the guidelines allow a maximum DTI of 43% due to living rent free. The loan was approved with an Investor Exception. |  |  | Reviewer Comment (2022-08-22): Waived with compensating factors per investor exception request report in file. | 08/22/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517403 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to the loan was approved with a DTI of 47.77% when the guidelines allow a maximum DTI of 43% due to living rent free. The loan was approved with an Investor Exception. |  |  | Reviewer Comment (2022-08-22): Waived with compensating factors per investor exception request report in file. | 08/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517404 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 47.77657% moderately exceeds the guideline maximum of 43.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The loan was approved with a DTI of 47.77% when the guidelines allow a maximum DTI of 43% due to living rent free. The loan was approved with an Investor Exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-08-22): Waived with compensating factors per investor exception request report in file. |  |  | 08/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | 26517408 | xxxxxx | xxxxxx | 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 $750.00 exceeds tolerance of $700.00. Insufficient or no cure was provided to the borrower. (7506) | The Appraisal Fee increased from $700.00 on the initial Loan Estimate to xxxxxx on the Loan Estimate dated xxxxxx without a valid change of circumstance. |  |  | Reviewer Comment (2022-09-08): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (2022-09-07): SitusAMC received copy of stamped envelope. When lender provides cure refund to borrower via U.S. Mail, proof of mailing can include either written attestation from lender attesting to the date the refund check was placed in the mail, a copy of the cancelled cure refund check or borrower written statement or borrower email confirming receipt of cure refund check amount and date received.<br>Reviewer Comment (2022-09-06): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.<br>Reviewer Comment (2022-08-29): SitusAMC Received PCCD, LOE, Refund Check and proof of Mailing; however, we require confirmation that borrower received the copy of check. |  | 09/08/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775936 | xxxxxx | 26554953 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Dwelling Policy – (Building coverage minimum is the unpaid principal balance) | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-09-02): The client elects to waive with comp factors. |  |  | 09/02/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775468 | xxxxxx | 26610478 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per guidelines, renters buying from landlord are required to provide 0x30x24 pay history documented by canceled checks or bank statements, a VOR is not acceptable. Loan file contains the lease agreement reflecting borrowers are purchasing from current landlord; however, loan file does not contain the required canceled checks. |  |  | Reviewer Comment (2022-09-09): Received sales contract addendum reflecting rent of $30,000 was liable to the borrowers. Hence, received 24 months history. Exception cleared.<br>Reviewer Comment (2022-09-07): Reviewed additional documents. LOE from processor indicates June 2022 payment made at initiation of lease; however, loan file contains July 2022 payment, in the amount of $30,000. Need explanation as to why $30,000 payment was made, when per lease agreement provided, monthly rent is $12,400 per month.<br>Reviewer Comment (2022-09-06): Reviewed documents. Still need 6/2022 and 7/2022 rental payments to complete 24 month history.<br>Reviewer Comment (2022-08-29): The UW notes do not clear this condition. The documents referenced are not in the loan file for review. Please provide 24 months canceled checks. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775468 | xxxxxx | 26610706 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Card Statement not provided |  | Per final 1003, there is a line of credit listed with a $3,000,000 balance and an $8,225 per month payment. Loan file does not contain any documentation for this line of credit. Please provide documentations supporting amount and monthly payment listed. |  |  | Reviewer Comment (2022-08-29): Received | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775627 | xxxxxx | 26606412 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Condotels – no fractional ownership allowed in the project. Provide evidence of this. |  |  | Reviewer Comment (2022-09-12): An updated HOA was provided.<br>Reviewer Comment (2022-09-09): Document upload is pending .<br>Reviewer Comment (2022-09-07): No additional documents were received on xxxxxx Please try uploading again.<br>Reviewer Comment (2022-08-31): This condition is not stating xxxxxx are ineligible. The guidelines require evidence of no fractional ownership allowed in a xxxxxx, which was not provided. A screenshot of an HOA questionnaire was provided, however does not reflect any property address. The full document will need to be provided. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775627 | xxxxxx | 26606789 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the ground lease in file, active until 2058. After 2013, there is a calculation for ground rent, however there is not enough information to calculate this figure. Provide evidence of the ground rent each unit is expected to pay. |  |  | Reviewer Comment (2022-09-14): Appraisal with ground lease amount provided<br>Reviewer Comment (2022-09-09): Unable to see any document uploaded in xxxxxx. Please try to upload it again.<br>Reviewer Comment (2022-09-01): The LOE needs to provide additional detail on where the $591 figure came from from for ground lease/calculated. The $1,822 mentioned i the LOE is not ground rent but HOA dues as well as the appraisal does not list $591 for ground rent. | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775627 | xxxxxx | 26606812 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The branch manager, or branch personnel designated by the branch manager, will email the borrower to verify that the property is an investment property, on every loan. Provide the email. |  |  | Reviewer Comment (2022-09-01): Email provided<br>Reviewer Comment (2022-08-31): No additional documents received. Please try resending. | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775627 | xxxxxx | 26607185 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Preliminary <br> State: HI |  |  |  | Reviewer Comment (2022-09-01): Supplement provided | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775630 | xxxxxx | 26524217 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-07): CDA received<br>Reviewer Comment (2022-09-01): CDA will be ordered<br>Reviewer Comment (2022-08-25): CDA not received, Exception Remains | 09/07/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775630 | xxxxxx | 26607250 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | xxxxxx – no fractional ownership allowed in the project. Provide evidence of this. |  |  | Reviewer Comment (2022-09-12): An updated HOA Questionnaire was provided.<br>Reviewer Comment (2022-09-09): HOA Questionnaire document not received. Please try upload it again<br>Reviewer Comment (2022-09-07): No additional documents were received on xxxxxx Please try uploading again.<br>Reviewer Comment (2022-09-01): The condition is not stating condtels are not allowed. The condition is stating to provide there is no fractional ownership. A screenshot was provided form an HOA questionnaire that was not provided in the file nor reflects a property address. Provide the full HOA questionnaire for review. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775630 | xxxxxx | 26607549 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The branch manager, or branch personnel designated by the branch manager, will email the borrower to verify that the property is an investment property, on every loan. Provide the email. |  |  | Reviewer Comment (2022-09-01): Email provided | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775630 | xxxxxx | 26607565 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Preliminary <br> State: HI |  |  |  | Reviewer Comment (2022-09-01): Supplement provided | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775783 | xxxxxx | 26523873 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that are yet to be addressed. |  |  | Reviewer Comment (2022-08-29): As per Fraud Report dt. xxxxxx all red flags are addressed | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775783 | xxxxxx | 26524534 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.14936% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .14936%). | Unable to accurately test fees, due to the undiscounted rate and price were not provided. |  |  | Reviewer Comment (2022-08-23): Client elects to waive |  |  | 08/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775783 | xxxxxx | 26600846 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | Per guidelines, first time homebuyers must document a 0x30x12 housing history. Per final 1003, borrower is living rent free, which does not meet the guideline requirement of a 0x30x12 housing history. Loan file contains investor exception request. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2.5 times minimum required ($2,500 required). | Reviewer Comment (2022-08-23): Waived with compensating factors per investor exception request in file. |  |  | 08/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775783 | xxxxxx | 26601109 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Per guidelines, rural property types are not permitted. Per appraisal in file, subject location is rural. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2.5 times minimum required ($2,500 required). | Reviewer Comment (2022-08-30): Client elects to waive with verified compensation factors |  |  | 08/30/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776761 | xxxxxx | 26647064 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the borrower's VISA per guidelines. |  |  | Reviewer Comment (2022-08-29): VISA provided | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776761 | xxxxxx | 26647085 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, notwithstanding any other provision of this Underwriting Guide, a Loan is ineligible for sale to xxxxxx if one or more Borrowers obligated on the Loan, is a full-time resident in any of the following countries: xxxxxx. Borrower is a Foreign National living in xxxxxx. | The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | DSCR > 1.00<br>Experienced Borrower owns and manages 2 or more properties for 12 months or more | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776761 | xxxxxx | 26647174 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | For a Loan to be eligible for sale to xxxxxx, the improvements on the property securing the Loan must be covered by a hazard insurance policy for the benefit of the Lender and its assignees, with policy coverage of not less than the lower of: The full replacement cost of the improvements of the Subject Property; or<br> b. The amount of the Loan principal, but never less than 80% of the replacement cost, determined by the insurers Replacement Cost Estimate (RCE), of the improvements of the Subject Property. | The qualifying DSCR on the loan is greater than the guideline minimum.<br>Borrower's Experience/Track Record | DSCR > 1.00<br>Experienced Borrower owns and manages 2 or more properties for 12 months or more | Reviewer Comment (2022-08-29): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): The document provided is not an RCE. It is the amount of coverage on the HOI. Further, the LOE from the agency states they do not cover 100% replacement cost and only cover up to the dwelling amount listed on the policy which does not meet the guideline requirements. Investor can elect to waive. |  |  | 08/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26528710 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Closing Disclosure or HUD-1 does not reflect that an escrow account for taxes and insurance was established as required by guidelines. |  | Guidelines require a minimum credit score of 720 to waive escrows, however borrower is a FN. Investor to advise if this is acceptable if all other requirements are met. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-01): Client elects to waive with verified compensation factors |  |  | 09/01/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26528846 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  |  |  | Reviewer Comment (2022-08-26): 442 provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26528881 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  | Reviewer Comment (2022-08-26): OFAC provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26528913 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-08-26): Fraud Report provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26528914 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Provide a copy of the borrower's valid and unexpired passport (including photograph) and a copy of the borrower's valid and unexpired VISA (including photograph). |  |  | Reviewer Comment (2022-08-29): VISA provided<br>Reviewer Comment (2022-08-26): Passport provided. Pending receipt of unexpired and valid VISA. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26647930 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Assets Error: Usability was not provided |  | C/O proceeds were utilized from a property on xxxxxx. The Settlement Statement provided is not executed nor stamped certified by the title agent. |  |  | Reviewer Comment (2022-08-26): Executed closing statement provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26648011 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower to provide a third-party document with an address that matches the primary residence on the application e.g., lease agreement, utility bill, financial statement. |  |  | Reviewer Comment (2022-08-30): Tax cert from overseas provided with borrower's primary address.<br>Reviewer Comment (2022-08-26): Per guidelines, verification of the borrower's primary residence overseas address must be verified by 1 of the following: lease agreement, utility bill, financial statement. | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26648029 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 70.00000% exceeds Guideline loan to value percentage of 65.00000%. | Foreign National: DSCR < 1.00 on a purchase with Foreign Credit is 65%. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-01): Client elects to waive with verified compensation factors |  |  | 09/01/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775816 | xxxxxx | 26648037 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | Foreign Credit provided to meet tradeline requirement. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): Document provided was already in file at time of review. FN credit reports/FN guidelines are not exempt from age of document requirements |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 771750 | xxxxxx | 26530689 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | License provided reflects an effective date of xxxxxx , which is after report date of xxxxxx . Please provide evidence appraiser was licensed at time appraisal was completed. |  |  | Reviewer Comment (2022-08-30): Appraiser's license provided with an effective date of xxxxxx and expiration date of xxxxxx . Appraisal also contains renewed license with an effective date xxxxxx . | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771750 | xxxxxx | 26530973 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Compliant | New York Subprime Loan: APR on subject loan of 7.47210% or Final Disclosure APR of 7.49300% is in excess of allowable threshold of Prime Mortgage Market Rate 5.30000 + 1.75%, or 7.05000%. Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-08-24): Client elects to waive |  |  | 08/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771750 | xxxxxx | 26531033 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | New York Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within three days of application. | Missing |  |  | Reviewer Comment (2022-08-24): Client elects to waive |  |  | 08/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771750 | xxxxxx | 26646743 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Per business narrative provided, borrower owns 50% of business used for income and assets in qualification. Guidelines require an LOE from additional owners of the business acknowledging the transaction and stating borrower has use of funds, which was not provided. |  |  | Reviewer Comment (2022-08-29): Received LOE from additional owners of the business acknowledging the transaction and stating borrower has access to use of funds. Hence exception cleared. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771750 | xxxxxx | 26646782 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Loan file contains gift letter in the amount of $149,250; however, file does not contain evidence these funds were received by borrower prior to closing or received by settlement agent at closing. Please provide evidence these funds were received. |  |  | Reviewer Comment (2022-08-29): Bank Statement #xxxxxx received Deposits in Amount of $37,250 on xxxxxx , another deposit of $112,000 on xxxxxx totaling $149,250 by borrower. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771750 | xxxxxx | 26646946 | xxxxxx | xxxxxx | 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 $2,250.00 exceeds tolerance of $1,830.00 plus 10% or $2,013.00. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | Ten percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-08-24): Sufficient Cure Provided At Closing |  | 08/24/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775430 | xxxxxx | 26648343 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | Borrower: xxxxxx % of Business Ownership: 50.00% | Per guidelines, all members must Guaranty the loan and provide credit documents. Investor exception in file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit score 30+ points > minimum required<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-08-24): Client elects to waive with verified compensation factors |  |  | 08/24/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775430 | xxxxxx | 26648393 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Flood Insurance policy does not reflect the Entity as insured as well as the mortgagee does not reflect ISAOA. |  |  | Reviewer Comment (2022-08-30): REceived | 08/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775430 | xxxxxx | 26648422 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  | Document pull is not dated. Must be within 1 year of closing. |  |  | Reviewer Comment (2022-08-26): COGS provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775811 | xxxxxx | 26539049 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Loan Amount discrepancy. | Note loan amount of xxxxxx is greater than Guideline maximum loan amount of $3,000,000.00. |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-07): It is on the xxxxxx Lender Matrix dated 7.2022. The matrix for $3,000,001 to $4,000,000 reflects N/A for all FICO's under purchase and C/O transactions. |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775811 | xxxxxx | 26651404 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | Any VOM completed by a private-party Seller, or any non-institutional lender must be supported by alternative documentation showing the most recent 6-month history (cancelled checks, mortgage statements including payment history, etc.). | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-07): The VOM for the subject property was in file at time of review. We do not have any modification agreement in file. Further, per the VOM, date mortgage originated was xxxxxx with monthly P&I payments of $18,333.22. 6 months cancelled checks will be required with or without modification agreement. |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26531575 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  | Reviewer Comment (2022-08-31): Closing Protection Letter received D0249, Exception Cleared | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26532679 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Verification of Rent for Borrower's Primary residence. If from a private party, cancelled check will also be required. |  |  | Reviewer Comment (2022-08-29): Received Bank Statement showing Rent Payments for Primary Property. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26533561 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-08-29): CDA received and no variance in value. Exception cleared. | 08/29/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26648699 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Provide evidence of borrower's ownership in xxxxxx and xxxxxx. Processor cert is not acceptable. Borrower's usage is limited to the ownership % in the business. |  |  | Reviewer Comment (2022-09-08): Ops Agreement for both LLC and owning LLC were provided. Guarantor is 100% owner.<br>Reviewer Comment (2022-08-29): Operating Agreement provided for both xxxxxx and xxxxxx. However, borrower % of ownership hasn't provided in these documents. At the top of the document, it is mentioned single member managed LLC but the documents are signed by xxxxxx not by xxxxxx | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26648807 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003 with correct primary address. Per LOE in file from lender, borrower is living in xxxxxx Foreign Lease Agreement (untranslated) in file. |  |  | Reviewer Comment (2022-09-12): An updated URLA was provided. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 775424 | xxxxxx | 26648809 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence the borrower is a xxxxxx via a xxxxxx Per LOE from lender in file, borrower is currently living overseas |  |  | Reviewer Comment (2022-09-07): Borrower's passport supporting xxxxxx was uploaded. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 776571 | xxxxxx | 26543998 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Missing HUD-1 or Closing statement. |  |  | Reviewer Comment (2022-08-29): Final Closing statement received D0137, Exception Cleared<br>Reviewer Comment (2022-08-26): Closing statement received is not signed or stamped by settlement agent. Please provide signed or stamped settlement statement. | 08/29/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 776571 | xxxxxx | 26544266 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance policy address does not match the Note address. Provide corrected policy reflecting the correct address. |  |  | Reviewer Comment (2022-09-16): Hazard Insurance policy received which matches Note Address (D0138) Exception Cleared<br>Reviewer Comment (2022-08-30): All documents must match across the board. If the actual address listed is xxxxxx then the policy must reflect as such. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 776571 | xxxxxx | 26544281 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-08-26): Received | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26532289 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  |  |  |  | Reviewer Comment (2022-08-26): Title policy provided. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26532389 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Must be 100% owner. |  |  | Reviewer Comment (2022-09-08): Executed Copy of Operating Agreement Received. Exception Cleared.<br>Reviewer Comment (2022-08-26): The Ops Agreement provided is dated but not executed. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26532391 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-08-26): Articles provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26532398 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-08-26): COGS provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26532404 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  | Reviewer Comment (2022-08-31): EIN received. Exception Cleared<br>Reviewer Comment (2022-08-26): The EIN provided is not for the Borrowing Entity. | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649183 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the property profile report for the borrower's primary residence to support no ownership. |  |  | Reviewer Comment (2022-08-26): Property profile report provided reflecting not owned by borrower as well as Free and Clear | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649198 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  | Reviewer Comment (2022-08-26): Ops Agreement provided reflecting Guarantor is 100% owner. Not required. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649203 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | A new scored report pulled prior to closing is required. |  |  | Reviewer Comment (2022-09-08): Exception cleared a new scored report is provided in the file<br>Reviewer Comment (2022-08-26): The document provided was in file at time of review. A merge report is not acceptable. A new scored report dated prior to closing is required. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649309 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower purchased property on xxxxxx per appraisal (title policy is missing). Provide evidence of the purchase price. Properties owned for > 6 months but < 12 months, value is limited to the lower of the appraised value or purchase price plus documented improvements. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-08-26): The title policy does not clear this exception. This is a seasoning exception as well as sufficient documentation to verify purchase price + documented improvements was not provided |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649326 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Borrowing Entity as insured. |  |  | Reviewer Comment (2022-09-08): An updated Certificate of Insurance with the corrected name was provided.<br>Reviewer Comment (2022-09-08): Exception remains please provide HOI document that reflects borrower name as insured.<br>Reviewer Comment (2022-08-26): Same document was provided that was in file at time of review. The HOI does not reflect our Borrowing Entity as insured. Reflects another LLC. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775980 | xxxxxx | 26649366 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence of ownership in xxxxxx. (Currently vested on general warranty deed transferring to Borrowing Entity). |  |  | Reviewer Comment (2022-08-26): Ops Agreement provided verifying ownership. | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775043 | xxxxxx | 26548170 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1073/465 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx xxxxxx |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-08-25): Client elects to waive |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775043 | xxxxxx | 26651134 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-08-26): LOE for clearances provided | 08/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775043 | xxxxxx | 26651163 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-08-25): Client elects to waive |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775043 | xxxxxx | 26651164 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List provided; however it was not dated. |  |  | Reviewer Comment (2022-08-25): Client elects to waive |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | 26540376 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-08-25): client elects to waive |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | 26540424 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $83,008.00 exceeds tolerance of $82,978.00. Insufficient or no cure was provided to the borrower. (8304) | Transfer Tax. Fee Amount of $83,008.00 exceeds tolerance of $82,978.00. Insufficient or no cure was provided to the borrower. |  |  | Reviewer Comment (2022-08-30): SitusAMC received Letter of Explanation, Copy of Refund Check, and Corrected CD |  | 08/30/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | 26541420 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 678 is less than Guideline representative FICO score of 680. |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2.5 times the required $2,500 amount. | Reviewer Comment (2022-08-25): Waived with compensating factors per investor exception request report in file. |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | 26663532 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-29): Credit Report-Gap received on xxxxxx was associated. Exception cleared. | 08/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | 26663584 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-08-25): Client elects to waive |  |  | 08/25/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26553538 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-16): CDA received (D0092) , Exception Cleared | 09/16/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26553551 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-09-01): FTP provided | 09/01/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26553652 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014- 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.50078% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .50078%). |  |  |  | Reviewer Comment (2022-08-26): Client elects to waive |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26553653 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-08-26): Client elects to waive |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26667752 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided |  | Per guidelines, borrower is to provide an LOE for all employers listed on credit report that are not the same employer as that on the WVOE. Credit report reflects multiple employers that are not the same as the employer on the WVOE and LOE was not provided. |  |  | Reviewer Comment (2022-09-13): LOE provided. Guidelines do not state has to be obtained prior to closing.<br>Reviewer Comment (2022-09-01): Per guidelines, the LOE must list start and end dates as well as the employment Local 300 was not addressed on the LOE. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26667794 | xxxxxx | xxxxxx | 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 (2022-09-01): FTP provided | 09/01/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | 26667809 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-08-26): Client elects to waive |  |  | 08/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | 26556030 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | No seller paid fees was disclosed on the seller's CD and Consumer's CD. |  |  | Reviewer Comment (2022-08-31): SitusAMC received Final Settlement Statement confirming no seller costs on builder sale. | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | 26556152 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Asset documentation provided for the gift funds was dated after the consummation date of xxxxxx . Compliance testing is based on consummation date, not funding date. |  |  | Reviewer Comment (2022-09-02): Loan Designation is Non QM. | 09/02/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | 26556153 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | Exception regraded to EV2-B based on comp factors and gift letter evidencing funds as a gift requiring no repayment. |  |  | Reviewer Comment (2022-09-02): The client elects to waive with comp factors. |  |  | 09/02/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | 26556247 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $375,602.68 is less than Cash From Borrower $376,013.95. | The total available for closing is insufficient to cover cash from borrower. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-02): The client elects to waive with comp factors.<br>Reviewer Comment (2022-09-01): The closing statement provided on xxxxxx is not stamped certified. Just shows a print date. Condition remains.<br>Reviewer Comment (2022-08-31): Settlement statement provided is not signed or stamped certified by settlement agent. Please provide the signed or stamped certified by settlement agent.for review. |  |  | 09/02/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | 26668292 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-12): Evidence the red flags were addressed was provided.<br>Reviewer Comment (2022-09-07): Received underwriter certification. Possible match for builder xxxxxx on Sam.gov not found in the file. All red flags are not addressed. Exception remains.<br>Reviewer Comment (2022-09-01): The LOE does not address all high risk red flags on this file's fraud report. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772555 | xxxxxx | 26601674 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx Credit Report: Original // Borrower: xxxxxx | A new scored report dated prior to closing is required. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-01): The new scored report provided is dated xxxxxx which is post closing and not acceptable. Per the original comments, a new scored report dated prior to closing is required.<br>Reviewer Comment (2022-08-31): A credit report within 90 days prior to closing was not found. |  |  | 09/13/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26602094 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $300,000.00. |  | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors |  |  | 09/13/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26673897 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Background Repot for xxxxxx reflects multiple liens/judgments not addressed. An LOE was provided, however is not sufficient. $45.00 #0398, $50,000 #1222. $3,270 #368-90, $12,999 #6890. |  |  | Reviewer Comment (2022-09-02): Evidence of Delaware's statute of limitations for judgments was provided. | 09/02/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26673908 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Background Repot for xxxxxx reflects multiple liens/judgments not addressed. $9,341 #9141, $13,479.78 #9141, $259,627 #0447 |  |  | Reviewer Comment (2022-09-02): Evidence of Delaware's statute of limitations for judgments was provided. | 09/02/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674031 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: xxxxxx | 1007 does not reflect lease information as well as lease in file is for 1112 vs 1211. |  |  | Reviewer Comment (2022-09-08): Lease agreement provided. Exception Cleared.<br>Reviewer Comment (2022-08-30): The address was changed on the lease and initialed by, what appears, to be xxxxxx, however that does not match the initials of the borrower/guarantors nor tenants. | 09/08/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674086 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the primary residence and subject property liens paid through closing. |  |  | Reviewer Comment (2022-09-20): VOMs were provided.<br>Reviewer Comment (2022-09-07): Received duplicate VOMs and payoff letter for property xxxxxx. Please provide VOM for borrower's primary residence xxxxxx. Exception remains. | 09/20/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674112 | xxxxxx | xxxxxx | Credit | Investment Product | General | Investment Product | Total Property Loan Amounts does not equal the original loan amount. | Total Property Loan Amounts: xxxxxx ; Original Loan Amount: xxxxxx | Amounts reflected on the Loan Agreement. |  |  | Reviewer Comment (2022-09-02): Document provided and stacked under Lender correspondence doc id xxxxxx. Exception cleared.<br>Reviewer Comment (2022-08-30): A revised addendum to loan amount allocations and release amounts added to Loan Agreement. Please provide LOE to borrower and evidence of delivery to clear. | 09/02/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674124 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | Multiple liens on title. Provide a clear title policy. |  |  | Reviewer Comment (2022-08-31): Document provided under doc id # D0243. Exception cleared. | 08/31/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674137 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Partial Release: 120% of the allocated balance required to be paid to obtain a partial release. This was not met per the release amounts and loan amount allocations on the loan agreement. |  |  | Reviewer Comment (2022-08-31): An updated Allocated Loan Amount with Release price of 130% was provided | 08/31/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674149 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Minimum loan amount allocation per property is $50,000 which was not met for the property on xxxxxx | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-02): An exception will need to be granted. |  |  | 09/13/2022 | 2 C B | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772555 | xxxxxx | 26674168 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Cash Out Seasoning – Property value based upon the lower of acquisition cost plus documented improvements or current appraised value for any property acquired within 6-months of the note date. All properties with the exception of Carter Street were purchased < 6 months ago. |  |  | Reviewer Comment (2022-08-31): Property scope was provided with rehab cost. | 08/31/2022 |  |  | 1 C A | xxxxxx |  | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775390 | xxxxxx | 26600138 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-08-31): No new debt disclosed on provided document (D0261). Hence, exception cleared. | 08/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775390 | xxxxxx | 26602941 | xxxxxx | xxxxxx | 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 Transfer Tax. Fee Amount of $3,750.00 exceeds tolerance of $2,813.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) |  |  |  | Reviewer Comment (2022-08-23): Sufficient Cure Provided At Closing |  | 08/23/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775390 | xxxxxx | 26674771 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | Per final 1003, borrower is a FTHB living rent free, which does not meet guideline requirement of providing 0x30x12 housing history. Loan file contains investor exception request. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | reserves exceed requirement by 10 months or more. | Reviewer Comment (2022-08-29): Waived with compensating factors per investor exception request in file. |  |  | 08/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775390 | xxxxxx | 26674874 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Please provide tax certificate for subject property. Loan file only contains lender calculation sheet. |  |  | Reviewer Comment (2022-09-01): Received<br>Reviewer Comment (2022-08-31): Document received is not a tax certificate, Please provide tax certificate showing the amount paid to County, Township and School, Exception Remains | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775930 | xxxxxx | 26604188 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Borrower's primary residence Housing History. For properties owned free and clear, a property profile report or similar document showing no liens against the property should be included in the credit file. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-06): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-04): VOM provided is for 9 months only when 12 is required. 1003 reflects lived in property for 10 years. Further, VOM is from a private party. Per guidelines, cancelled checks are required.<br>Reviewer Comment (2022-09-09): The HOI policy is not sufficient to clear this condition. Need property history report reflecting no liens against the property. Exception remains. |  |  | 10/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775930 | xxxxxx | 26604214 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  | Reviewer Comment (2022-09-09): EIN reflects sole member. Per docs provided by seller. Ops Agreement not required in xxxxxx | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775930 | xxxxxx | 26605251 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: AVM / Valuation Report date: xxxxxx | The Appraisal, 1004D, and the AVM all reflect the City as xxxxxx, whereas, the Note reflects the City as xxxxxx | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775930 | xxxxxx | 26605278 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance reflects the City as xxxxxx, whereas, the Note reflects the City as xxxxxx | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775930 | xxxxxx | 26672299 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL and title policy both reflect the City as xxxxxx, whereas, the Note reflects the City as xxxxxx | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-08-31): Client elects to waive with verified compensation factors |  |  | 08/31/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776266 | xxxxxx | 26648234 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $165.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75106) |  |  |  | Reviewer Comment (2022-08-24): Sufficient Cure Provided At Closing |  | 08/24/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776266 | xxxxxx | 26686330 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Issue: Subject loan is a non-arms length transaction outside of credit guidelines |  | Per guidelines, FSBO transactions must be arm's length. Subject is a purchase transaction from the current landlord to the renter (our borrower), which does not meet guideline requirements. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 30 points or more. | Reviewer Comment (2022-08-30): Waived with compensating factors per investor exception request report in file. |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776266 | xxxxxx | 26687636 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrower is purchasing property from current landlord, which requires canceled checks. Loan file is missing the 7/2022 canceled check as required. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 30 points or more. | Reviewer Comment (2022-08-30): Waived with compensating factors per investor exception request report in file. |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776266 | xxxxxx | 26688915 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Maximum LTV for a non-arms length transaction is 80%. Subject loan was approved at 85% LTV. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 30 points or more. | Reviewer Comment (2022-08-30): Waived with compensating factors per investor exception request report in file. |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776266 | xxxxxx | 26689085 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Address: xxxxxx Account Statements<br> Account Statements | Per guidelines for the bank statement program, when utilizing rental income on additional REOs, proof of the 2 months most recent rent payments are required to be provided, and deposited in an account other than the account used for income qualifying. Borrower utilized rental income for the REOs on xxxxxx and xxxxxx; however, file is missing evidence of the 2 months' most recent rent payments on both. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | FICO exceeds guideline minimum by 30 points or more. | Reviewer Comment (2022-09-12): The client elects to waive with comp factors<br>Reviewer Comment (2022-09-08): Per guidelines, the rental income must be deposited into an account other than that used for income qualification, even if the deposits are excluded. Documentation provided reflects the rental income is deposited into the same account borrower used in income qualifying. Investor to advise if they want to waive this credit condition.<br>Reviewer Comment (2022-09-06): Evidence of 2 months' recent rental payments on both properties in a separate account was not found in the file. |  |  | 09/12/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775376 | xxxxxx | 26640553 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock date cannot be determined. |  |  | Reviewer Comment (2022-08-29): Client elects to waive |  |  | 08/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775409 | xxxxxx | 26639878 | xxxxxx | xxxxxx | 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 (2022-09-07): Title final received with loan amount. Exception Cleared.<br>Reviewer Comment (2022-09-02): The preliminary title provided does not reflect coverage. | 09/07/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775409 | xxxxxx | 26641094 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-02): Received Fraud Gaurd dated xxxxxx with all the red flags addressed. Document attached. Exception cleared.<br>Reviewer Comment (2022-09-01): No fraud Report received in trailing docs. Please provide a relevant fraud report for the borrower. Exception remains. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775409 | xxxxxx | 26685638 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence or evidence free and clear. |  |  | Reviewer Comment (2022-09-07): Received Title Commitment for the primary property xxxxxx reflecting the property does not have any lien against it. The property is free and clear. Document attached. Exception cleared.<br>Reviewer Comment (2022-09-01): The file does not have a property history report for the primary property. Please provide supporting documents to identify if the primary property is free and clear. Exception remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775409 | xxxxxx | 26685645 | xxxxxx | xxxxxx | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | The appraisal provided is in black and white. The guidelines require a color appraisal. |  |  | Reviewer Comment (2022-09-02): Received 1004 in color. Exception Cleared.<br>Reviewer Comment (2022-09-01): Color appraisal nor received , Exception Remains | 09/02/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775409 | xxxxxx | 26685705 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  | ISAOA is missing |  |  | Reviewer Comment (2022-09-01): Hazard Insurance policy received with ISAOA, D0163/D0164, Exception Cleared | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776971 | xxxxxx | 26644228 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 4.88 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 4.88 is less than Guideline PITIA months reserves of 6.00 Loan file contains lender exception; however, all exception requests must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI 10% or less than guideline maximum. | Reviewer Comment (2022-09-15): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-09-01): Investor must approve exceptions |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776971 | xxxxxx | 26646540 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-30): Client elects to waive |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776971 | xxxxxx | 26703694 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Guidelines for the P&L only program require the CPA to attest that they have prepared the borrower's most recent tax return. The CPA letter provided does not contain this required attestation. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum. | DTI 10% or less than guideline maximum. | Reviewer Comment (2022-10-03): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-01): The investor submitted this loan as a P&L only which we must adhere to. If investor submitted the incorrect program, they can email DD requesting a re-underwrite of the file. |  |  | 10/03/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776971 | xxxxxx | 26704553 | xxxxxx | xxxxxx | 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 $85.00 exceeds tolerance of $50.00 plus 10% or $55.00. Sufficient or excess cure was provided to the borrower at Closing. xxxxxx | Ten percent fee tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-08-30): Sufficient Cure Provided At Closing |  | 08/30/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776812 | xxxxxx | 26646913 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-08-30): Client elects to waive |  |  | 08/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | 26650109 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing a complete 12 month Housing History for the Borrower. Credit report reflects 10 months at current primary residence. Final 1003 reflects borrower previously rented for 4 years. Please provide VOR for prior residence to complete full 12 month history. Any VOR completed by a private party or any non-institutional landlord must be supported by alternative documentation such as bank statements or cancelled checks showing rent was paid. |  |  | Reviewer Comment (2022-09-07): Received LOE from non-borrowing spouse stating that the borrower stayed rent free in xxxxxx since Feb 2020. Also received updated final 1003 with the changes. Documents attached. Exception cleared.<br>Reviewer Comment (2022-09-06): No LOE or 1003 present in trailing docs. Please provide a relevant VOR or supporting documents verifying 12 months of history. Exception remains.<br>Reviewer Comment (2022-09-01): Received Note, Security Instrument and Credit supplement for the current primary property in trailing documents. As per Note the payment for the primary property started in xxxxxx And, as per credit supplement the recent payment for current primary property was done on xxxxxx Hence, we get 10 months housing history. To clear this exception we require 12 months history. Please provide a VOR or supporting document to verify the borrower's previous rented property. Exception remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | 26650210 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.78645% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .78645%). |  |  |  | Reviewer Comment (2022-08-29): Client elects to waive |  |  | 08/29/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | 26650224 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Cert reflects the unit number as xxxxxx, whereas, the Note reflects the unit number as xxxxxx |  |  | Reviewer Comment (2022-09-01): Received | 09/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | 26683510 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | Title commitment provided reflects several liens and condominium requirements that were not addressed. Please address Items 7, 8, 9 10 and 11 of Schedule B-1. |  |  | Reviewer Comment (2022-09-06): A letter from the title company stating Items 7, 8, 9 10, and 11 of Schedule B-1 will be removed from the final title.<br>Reviewer Comment (2022-09-01): Received an email from what appears to be outside counsel, along with a borrower signed affidavit; however, this does not clear this condition. Please provide documentation from title company addressing Items 7, 8, 9 10 and 11 of Schedule B-1, or final title. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | 26683531 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-29): Client elects to waive |  |  | 08/29/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26672877 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-08-31): Client elects to waive |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26672878 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.88370% or Final Disclosure APR of 7.89000% is in excess of allowable threshold of APOR 5.06% + 1.5%, or 6.56000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-02): Evidence of appraisal delivery was provided. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26672879 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-02): Evidence of appraisal delivery was provided. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26672880 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $2,337.50 exceeds tolerance of $2,118.00. Insufficient or no cure was provided to the borrower. (8304) | Zero Percent Fee Tolerance exceeded |  |  | Reviewer Comment (2022-09-07): SitusAMC as per available COC and associate comment consumer is within 0% tolerance.<br>Reviewer Comment (2022-09-06): SitusAMC Agree that loan amount increased on CD dated xxxxxx however we do not have COC stating the same about Loan Amount increase. Available COC dated xxxxxx states "Loan rate has been locked" which is not valid reason for increase in Transfer Tax. Please provide valid COC updated with the same reason "Loan Amount Increase" or provide cure along with cure documents. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26717840 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-02): A UDM was provided.<br>Reviewer Comment (2022-09-02): Received UDM report. However, to clear the exception and as per guidelines, we need a Credit Gap report. Please provide a relevant Credit Gap report which is within 10 days of note date xxxxxx Exception remains. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26717895 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the final 1003 and 1008 in file, subject is a rate and term refinance; however, borrower received $31,169.45 cash back at closing and provided a cash out letter. Please provide updated 1003 and 1008 reflecting subject is a cash-out refinance. |  |  | Reviewer Comment (2022-09-06): A corrected 1008 and 1003 were provided. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26717995 | xxxxxx | xxxxxx | 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 Collateral Desktop Analysis. Fee Amount of $165.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106) | Zero percent fee tolerance exceeded. CoC in file does not list a valid reason for the addition of this fee. |  |  | Reviewer Comment (2022-09-07): SitusAMC sufficient cure provided at closing.<br>Reviewer Comment (2022-09-06): SitusAMC We Agree and understand that cure of $165.00 provided on Final CD for Collateral desktop Analysis however we will clear the exception once we received documents/resolution for Transfer Tax Exception. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | 26792223 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $165.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75106) |  |  |  | Reviewer Comment (2022-09-07): Sufficient Cure Provided At Closing |  | 09/07/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26675016 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-09-02): Approval document received , Exception Cleared | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26675661 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-08-31): Client elects to waive |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26675709 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-23): Exception remains same as the Guarantee agreement was signed on xxxxxx which is after the note date i.e. xxxxxx . |  |  | 09/26/2022 | 2 D B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26675723 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | When the borrowing entity is an LLC, the guidelines require a Certificate of Good Standing. The loan closed in an LLC and the file is missing a copy of the Certificate of Good Standing. |  |  | Reviewer Comment (2022-09-06): Certificate of Good Standing received. Exception Cleared. | 09/06/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26676569 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The HO-6 Hazard Insurance reflects the subject address as xxxxxx; however, the Note reflects the address as xxxxxx |  |  | Reviewer Comment (2022-09-07): New HOI received with the correct address. Exception Cleared.<br>Reviewer Comment (2022-09-06): No new HOI documents in file. Try Re-uploading. Exception Remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26676576 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certificate reflects the subject address as xxxxxx; however, the Note reflects the address as xxxxxx |  |  | Reviewer Comment (2022-09-02): Flood Certificate reflects correct address and matches Note address, Exception Cleared | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26676605 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | The CDA report is missing the Unit number. |  |  | Reviewer Comment (2022-09-06): Received CDA with correct address reflecting Unit Details. Exception Cleared. | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26681662 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The guidelines require a letter of explanation for any gaps in employment that span one or more months. The borrower started their business on xxxxxx and their previous employment ended on xxxxxx . The file does not contain any documentation to verify the employment history or reason for gap in employment from xxxxxx through xxxxxx . |  |  | Reviewer Comment (2022-09-08): Document provided. Refer doc id # D0284. Hence, exception cleared.<br>Reviewer Comment (2022-09-07): No LOX has been provided on acuity. Please try to upload it again. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | 26718400 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Guidelines for the full documentation program require tax returns to be signed and dated. The 2020 and 2021 1120s provided are not signed and dated as required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-23): Exception remains same as 1120S document was signed on xxxxxx which is after the note date i.e. xxxxxx . |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 774824 | xxxxxx | 26694144 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Non-Arm's Length Transactions: Buyer(s)/Borrower(s) representing themselves as agent in real estate transaction. Only allowed on Primary Residences. Further, commission earned by buyer/borrower cannot be used for down payment, closing costs, or monthly PITIA reserves. Per the Final CD, buyer commission credits applied under Summaries of Transaction credits. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774824 | xxxxxx | 26694317 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence the borrower has no ownership in their primary residence. |  |  | Reviewer Comment (2022-09-02): Property appraiser search report provided under doc id # D0239. Exception cleared. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776908 | xxxxxx | 26650514 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to loan closing or anytime after closing. |  |  | Reviewer Comment (2022-09-07): Received UDM good through xxxxxx .<br>Reviewer Comment (2022-09-07): The provided UDM report is dated xxxxxx for both the borrowers. As per guidelines "A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing". The note date is xxxxxx Please provide a relevant UDM report or a credit gap report for the same. Exception remains.<br>Reviewer Comment (2022-09-02): Received undisclosed debt notification report. However, to clear this exception we need credit gap report. Please provide a relevant credit gap report which is within 10 days of note date. Exception remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651028 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Cert reflects the city as xxxxxx whereas, the Note reflects the city as xxxxxx |  |  | Reviewer Comment (2022-09-07): Received<br>Reviewer Comment (2022-09-07): No new documents received. Please try Re-Uploading. Exception Remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651355 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.63470% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .63470%). |  |  |  | Reviewer Comment (2022-08-31): Client elects to waive |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651356 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  | Reviewer Comment (2022-08-31): client elects to waive |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651357 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 9.42430% or Final Disclosure APR of 9.48100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.22000 + 1.75%, or 6.97000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-08-31): client elects to waive |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651358 | xxxxxx | xxxxxx | 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 xxxxxx) | The Closing Disclosure is not dated, therefore, the 3 day mail delivery method was used to calculate receipt. |  |  | Reviewer Comment (2022-09-07): Received signed CD<br>Reviewer Comment (2022-09-07): The CD provided, dated xxxxxx is not signed or dated by borrower. If you have the signed copy, please upload for review.<br>Reviewer Comment (2022-09-07): SitusAMC upon further review the initial CD is dated xxxxxx however we required evidence that the borrower received initial CD three days prior to closing date i.e. xxxxxx  | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26651359 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on xxxxxx not received by borrower at least four (4) business days prior to closing. (Interim xxxxxx) | The Loan Estimate is not signed, therefore, the 3 day mail delivery method was used to calculate receipt. |  |  | Reviewer Comment (2022-09-07): Received signed LE<br>Reviewer Comment (2022-09-07): The xxxxxx LE provided is not signed or dated by borrower. If you have signed and dated copy, please upload for review.<br>Reviewer Comment (2022-09-07): xxxxxx LE was not signed, as a result, using mailbox rule, the borrower did not received the final LE until xxxxxx The final LE must be received 4 days prior to closing. Closing took place on xxxxxx, so the borrower did not receive the final LE four or more days prior to closing. Loan file shows no visible means to cure this timing exception. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26715280 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Borrowers provided checks for prior 12 months rental history; however, the following months are missing: May, June and July of 2022. |  |  | Reviewer Comment (2022-09-07): Received.<br>Reviewer Comment (2022-09-07): No checks received in trailing documents. Please provide rent checks for the month of May, June & July 2022. Exception remains. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776908 | xxxxxx | 26744142 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $211.15 exceeds tolerance of $200.00. Sufficient or excess cure was provided to the borrower at Closing. (7505) |  |  |  | Reviewer Comment (2022-09-02): Sufficient Cure Provided At Closing |  | 09/02/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | 26671930 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-06): Received | 09/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | 26671939 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Address: xxxxxx Insurance Verification<br> Insurance Verification | Missing Insurance verification. |  |  | Reviewer Comment (2022-09-07): Per property history reports, these are commercial owned properties. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | 26672007 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-06): Received | 09/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | 26719471 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Guidelines for a non-arms length transaction, with borrower purchasing from landlord, require the most recent 24 months checks. The loan file contains 13 months of bank statements; however, the xxxxxx 21 payment was not provided, along with the remaining 8 months to complete the required 24 month history. Loan file contains investor exception request. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrower has verified disposable income of at least $2500.00. | Residual income more than 2.5 times amount required by guidelines | Reviewer Comment (2022-08-31): Waived with compensating factors per investor exception request. |  |  | 08/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776004 | xxxxxx | 26714626 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Both appraisals reflect Row/Townhouse, however per the HOA questionnaire, there are 10 buildings in the complex with 70 units. |  |  | Reviewer Comment (2022-09-02): The property is a townhouse. | 09/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775902 | xxxxxx | 26673123 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to loan closing or anytime after closing. |  |  | Reviewer Comment (2022-09-09): Preclose monitoring report provided with a start date of 8/1 and report pulled xxxxxx Acceptable to utilize xxxxxx date.<br>Reviewer Comment (2022-09-09): Provided Monitoring report is dated xxxxxx and is not within 10 days of note date xxxxxx Exception remains. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775902 | xxxxxx | 26721110 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Program Guidelines require the borrower has been in business for a minimum of 2 years. |  | Guidelines for the bank statement program require the business has been in existence for 2 years. Per CPA letter provided in file, borrower has been in business since06/2021, which is less than the required 2 years. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-09): Client elects to waive with verified compensation factors |  |  | 09/09/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775902 | xxxxxx | 26721334 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx . Third Party Verification | The CPA letter provided reflects a business name that does not match the business name on the bank statements in the file. Please provide evidence that these businesses are one in the same. |  |  | Reviewer Comment (2022-09-14): Email from CPA verifying one in the same.<br>Reviewer Comment (2022-09-14): No additional documents received. Please try resending. | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26671489 | xxxxxx | xxxxxx | 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 missing in the provided Title Preliminary report |  |  | Reviewer Comment (2022-09-15): Title final received. Exception Cleared.<br>Reviewer Comment (2022-09-14): No documents received. Please try Re-uploading. Exception Remains. | 09/15/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26675419 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-09-15): Title final received. Exception Cleared. | 09/15/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26681690 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26681725 | xxxxxx | xxxxxx | 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 $525.00 exceeds tolerance of $455.00. Insufficient or no cure was provided to the borrower. (7506) | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $525.00 exceeds tolerance of $455.00. Insufficient or no cure was provided to the borrower. |  |  | Reviewer Comment (2022-09-08): SitusAMC upon further review sufficient cure provided at closing. | 09/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26747126 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter | Per guidelines for the P&L only program, the CPA/EA must attest that they have prepared the borrower's most recent tax return. The loan file contains 3 CPA/EA letters. The first two, dated xxxxxx and xxxxxx indicate that the CPA/EA reviewed the most recent 2 years of tax returns; however, the CPA/EA letter provided dated xxxxxx indicates that the CPA/EA has prepared the most recent two years returns. Investor to advise if they will accept most recent letter. |  |  | Reviewer Comment (2022-09-15): CPA Letter in the file reflects the CPA/EA has reviewed the tax returns for the past two years. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | 26799116 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $525.00 exceeds tolerance of $455.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-08): Sufficient Cure Provided At Closing |  | 09/08/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | 26682020 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The guidelines for the P&L Only program require the CPA to attest they have prepared the borrower's most recent tax return. The file contains a CPA letter; however, it does not attest to the CPA preparing the most recent tax return. |  |  | Reviewer Comment (2022-09-22): CPA Letter confirms that he ispreparing the most recent tax return. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | 26682028 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The minimum housing history was not met as required by guidelines for First Time Homebuyer. |  | The guidelines require a 12-month rental history for a First Time Home Buyer. The borrower has been living rent free for 2 years and has not owned another property in the last 3 years; therefore, does not meet the housing history requirements for a First Time Home Buyer. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-20): The client elects to waive with comp factors. |  |  | 09/20/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | 26682272 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.60727% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .60727%). |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | 26684862 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.36549% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.36549%). |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | 26684863 | xxxxxx | xxxxxx | 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 Title - Signing Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75200) | Zero Percent Fee Tolerance exceeded |  |  | Reviewer Comment (2022-09-07): SitusAMC received lender attestation clarifying fee name from initial LE to subsequent disclosures is title-signing agent fee. | 09/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | 26747412 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Per guidelines, rural property types are not permitted. Appraisal reflects property location is rural. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-07): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-09-07): No additional documents received. Please try resending. |  |  | 09/07/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26695618 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required to evidence no additional debt was obtained throughout the origination process. Must be performed within 10 business days of the Note Date. The UDM provided has a scheduled monitoring end date of xxxxxx , which is prior to the Note date. |  |  | Reviewer Comment (2022-09-19): Received UDM Report dated xxxxxx and is within 10 days of note date. Exception cleared.<br>Reviewer Comment (2022-09-15): No credit gap report received in trailing documents. Exception remains. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26699573 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Final Application is missing the Lender Loan Infomation Section. |  |  | Reviewer Comment (2022-09-22): Exception is cleared received lender information Section<br>Reviewer Comment (2022-09-19): Please provide all the pages of Final 1003 which includes Lender Loan Information section, Exception Remains<br>Reviewer Comment (2022-09-15): Please provide all pages of the fully completed 1003 | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26700759 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.87166% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .87166%). |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26700850 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26700851 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 7.39890% or Final Disclosure APR of 7.41100% is in excess of allowable threshold of APOR 5.18% + 1.5%, or 6.68000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26700852 | xxxxxx | xxxxxx | 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 xxxxxx) | The Initial CD dated xxxxxx was not signed so the 3 day mail method of delivery was used to calculate receipt. Borrower's calculated receipt date was xxxxxx . The loan closed on xxxxxx . |  |  | Reviewer Comment (2022-09-19): SitusAMC received Disclosure tracking with earlier receipt.<br>Reviewer Comment (2022-09-15): SitusAMC No new documents received. Exception remains. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26745377 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Appraisal / Valuation Report date: xxxxxx | Lender on both appraisals provided is not Lender on subject transaction. Appraisal transfer letters in file; however, they did not transfer the appraisals to our Lender. |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26745385 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Funds from Business Account / Account Number: 5085, Financial Institution: xxxxxx // Account Type: Checking / Account Number: 2885 | Guidelines require the most recent 2 months' account statements for all assets used. Loan file only contains 1 month statements for accounts 5085 and 2885. |  |  | Reviewer Comment (2022-09-22): Removed account 2885. Not needed. Additional statement received for 5085.<br>Reviewer Comment (2022-09-15): Exception remains. We still require 2 months bank statement for account #5085. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | 26745394 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,495.00 exceeds tolerance of $1,000.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Zero percent fee tolerance exceeded ;however sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-02): Sufficient Cure Provided At Closing |  | 09/02/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | 26746342 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.30568% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.30568%). |  |  |  | Reviewer Comment (2022-09-09): client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | 26746385 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 7.45380% or Final Disclosure APR of 7.48800% is in excess of allowable threshold of APOR 5.35% + 1.5%, or 6.85000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-09-09): client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | 26806287 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $1,811.08 is less than AUS required disposable income of $2,500.00. |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | 26806292 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. AVM supports value. Vendor/FSD do not meet Fitch criteria.; Sec ID: 10 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-09): client elects to waive |  |  | 09/09/2022 | 2 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | 26806361 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-09-09): client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777283 | xxxxxx | 26694935 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-19): Received UDM report dated xxxxxx Exception cleared.<br>Reviewer Comment (2022-09-15): No credit gap report received in trailing documents. Exception remains. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777283 | xxxxxx | 26695400 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-02): Client elects to waive |  |  | 09/02/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | 26805360 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, minimum square feet for a single family residence is 700 square feet. Per appraisal, subject is xxxxxx Loan file contains lender exception; however, all exception requests must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | 26805484 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Guideline Issue: Insufficient tradelines per credit guidelines |  | Per guidelines, the borrower with the qualifying credit score must have 3 tradelines reporting for 12 months and 2 tradelines reporting for 24 months, all within the last 12 months. Co-borrower has qualifying credit score and only has 2 tradelines, one reporting for 60 months and the second for 19 months, which does not meet guideline requirements. Lender exception in file; however, all exception requests must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | 26805520 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | 26805530 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , Borrower: xxxxxx W-2 Transcript (2020), W-2 Transcript (2021)<br> W-2 Transcript (2020), W-2 Transcript (2021) | Guidelines for the full documentation wage earner program require W-2 transcripts. Loan file is missing the W-2 transcripts for both borrower and co-borrower. Loan file contains lender exception; however, all exception requests must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26684908 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | Missing title final. |  |  | Reviewer Comment (2022-09-22): FTP provided | 09/22/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26685071 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. | Title policy amount of xxxxxx is insufficient and less than the loan amount. |  |  | Reviewer Comment (2022-09-22): FTP provided | 09/22/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26687150 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance coverage is in shortage of $38,480.00, provide an updated Insurance policy or RCE. |  |  | Reviewer Comment (2022-09-22): RCE provided | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26687458 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. AVM supports value. Vendor/FSD do not meet Fitch criteria.; Sec ID: 10 | Note date: xxxxxx ; Lien Position: 1 | Loan is to be securitized and an acceptable secondary valuation, CDA, a CU score of less than 2.5, or ARA was not provided in the loan file. |  |  | Reviewer Comment (2022-09-01): Client elects to waive |  |  | 09/01/2022 | 2 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26687536 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.09123% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.09123%). |  |  |  | Reviewer Comment (2022-09-01): Client elects to waive |  |  | 09/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26742324 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter, LOE additional owners, Third Party Verification | Per guidelines for the business bank statement program, the following documents are required and missing from the loan file: CPA letter attesting that they have prepared the borrower's business or personal tax returns or other financial documents; evidence that business has been in existence for a minimum of two years, and an LOE from all non-borrowing owners of the business acknowledging the transaction and confirming the borrower's access to the account for income-related purposes (CPA letter reflects borrower owns 50% of business used in qualification). | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-27): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-23): Evidence of access to fund letter has been provided. Refer doc id # D0230. However, we still require third party verification document dated prior to closing verifying how long business has been in existence.<br>Reviewer Comment (2022-09-22): CPA letter provided attesting preparing returns, however will need third party verification dated prior to closing verifying how long business has been in existence. |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26742326 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Per guidelines, when utilizing business funds as assets, all non-borrowing owners of the business must provide a signed and dated letter acknowledging the transaction and confirming the borrowers have access to the funds in the account. Per CPA Letter, borrower is 50% owner and file is missing the required LOE from the additional owners. |  |  | Reviewer Comment (2022-09-22): LOE provided<br>Reviewer Comment (2022-09-21): The CPA email does not clear this condition. Per the condition, the use of account must come from the additional owner of the business.<br>Reviewer Comment (2022-09-20): Unable to see any email from CPA. Please try to upload it again. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26742327 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-22): Received UDM report dated xxxxxx Document attached. Exception cleared. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | 26742328 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-09-01): Client elects to waive |  |  | 09/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26765071 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Missing for co-borrower. |  |  | Reviewer Comment (2022-09-26): Document provided. Refer doc id #D0251. Hence, exception cleared. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26765126 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.88510% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .88510%). | Loan fails xxxxxx points and fees test, Points and fees are 3.88410% or xxxxxx on a federal loan amount of xxxxxx vs allowable amount of 3% or xxxxxx an overate of .88510% or xxxxxx |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26805838 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-26): Received UDM report dated xxxxxx for both borrowers. Document attached. Exception cleared. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26805895 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , Borrower: xxxxxx 1099 Transcript (2021)<br> 1099 Transcript (2021) | Guidelines for the 1099 program require the 1099 transcripts, which were not provided for either 1099 for the borrower or co-borrower. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-27): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-26): 1099 transcript provided for 2020 year not for 2021 year. Exception remains same. |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26805903 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary xxxxxx) |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | 26882995 | xxxxxx | xxxxxx | 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 $175.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103) |  |  |  | Reviewer Comment (2022-09-26): Sufficient Cure Provided At Closing |  | 09/26/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | 26742462 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-15): received | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | 26742463 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per final 1003, borrower has rented current residence for 1 year, 4 months; however, no VOR was provided. Please provide VOR to evidence 0x30x12 housing history. |  |  | Reviewer Comment (2022-09-15): Received | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | 26742467 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx HOA Verification | Missing HOA verification for REO on xxxxxx. |  |  | Reviewer Comment (2022-09-19): Exception is cleared received HOA documents for xxxxxx <br> (240/59) 240 monthly HOA for 59 units.<br>Reviewer Comment (2022-09-15): No additional docs received for this condition. Please try resending. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777256 | xxxxxx | 26674454 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-09-23): LOE provided. BP Cert only required on Entity loans per guidelines<br>Reviewer Comment (2022-09-22): Page 68 of the Visionary Guidelines: Documents must be completed and signed as follows: Business Purpose and Occupancy Affidavit.<br>Reviewer Comment (2022-09-16): The provided document is cash-out utilization letter. We still require Business Purpose Certificate document. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777256 | xxxxxx | 26718228 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL and Title Policy reflect the city of xxxxxx vs. all other documents which reflect xxxxxx | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-08): Client elects to waive with verified compensation factors |  |  | 09/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777256 | xxxxxx | 26718231 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. AVM supports value. Vendor/FSD do not meet Fitch criteria.; Sec ID: 10 | Note date: xxxxxx ; Lien Position: 1 |  | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-08-31): Client elects to waive |  |  | 08/31/2022 | 2 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777258 | xxxxxx | 26674547 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | The appraisal report reflects both units of the subject property are rented with leases transferring; however, the file does not contain the lease agreements. Further, the appraisal rents differ than what is listed for each unit on the purchase contract. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777258 | xxxxxx | 26674620 | xxxxxx | xxxxxx | 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 reflects a different mortgage company than is listed on the Note and is not the Servicing Company either. |  |  | Reviewer Comment (2022-09-16): Received HOI with ISOA. Exception Cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777258 | xxxxxx | 26718282 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Funds from Business Account / Account Number: 5245 | < 2 months provided |  |  | Reviewer Comment (2022-09-16): Additional month received | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777258 | xxxxxx | 26718305 | xxxxxx | xxxxxx | 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 12.00. |  |  |  | Reviewer Comment (2022-09-22): Additional statement received<br>Reviewer Comment (2022-09-16): Account provided for 9671, however only 1 month was provided. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777258 | xxxxxx | 26718306 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $86,099.82 is less than Cash From Borrower $201,879.49. |  |  |  | Reviewer Comment (2022-09-22): Additional statement received<br>Reviewer Comment (2022-09-16): Account provided for 9671, however only 1 month was provided. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776507 | xxxxxx | 26702280 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the executed Term Sheet. |  |  | Reviewer Comment (2022-09-20): Term sheet provided. Refer doc id # D0126. Hence, exception cleared.<br>Reviewer Comment (2022-09-09): Signed Term sheet provided but date is missing. Refer doc id#D0121.<br>Reviewer Comment (2022-09-07): The Term Sheet provided is not executed/accepted by the borrower | 09/20/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776507 | xxxxxx | 26740973 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Provide the Borrower's Credit and Background Authorization and the executed Property Management questionnaire. |  |  | Reviewer Comment (2022-09-23): Documents provided. Refer doc id # D0133, D0134. Hence, exception resolved.<br>Reviewer Comment (2022-09-07): The Property Management questionnaire is not executed by the borrower. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 773784 | xxxxxx | 26714058 | xxxxxx | xxxxxx | 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 $6,346.03 exceeds tolerance of $2,206.00. Insufficient or no cure was provided to the borrower. (7200) | Zero Percent Fee Tolerance exceeded |  |  | Reviewer Comment (2022-09-16): SitusAMC received COC dated xxxxxx . | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773784 | xxxxxx | 26756175 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | Guidelines allow up to 3 NSF occurrences in the prior 12 months, when there are one or more occurrences in the most recent two-month time period. Borrower has 2 NSFs in the most recent two month period, and a total of 6 NSF in the prior 12 months, which exceeds the guideline maximum. File contains an investor exception request. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-06): Waived with compensating factors per investor exception request. |  |  | 09/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773784 | xxxxxx | 26756316 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. |  |  |  | Reviewer Comment (2022-09-06): Client elects to waive |  |  | 09/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776862 | xxxxxx | 26703965 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.84320% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .84320%). |  |  |  | Reviewer Comment (2022-09-06): Client elects to waive |  |  | 09/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776862 | xxxxxx | 26757076 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $1,697.32 is less than AUS required disposable income of $2,500.00. |  |  |  | Reviewer Comment (2022-09-16): Loan re-reviewed to xxxxxx and meets guidelines. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776874 | xxxxxx | 26707441 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  |  |  |  | Reviewer Comment (2022-09-09): Updated flood cert provided<br>Reviewer Comment (2022-09-08): Flood Cert does not contain #1-2 in the address. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776874 | xxxxxx | 26741388 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Wire Ticket to Settlement Agent. |  |  | Reviewer Comment (2022-09-08): Document provided and stacked under Trade Confirmation (D0094). Hence, exception cleared. | 09/08/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776874 | xxxxxx | 26741393 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  |  |  |  | Reviewer Comment (2022-09-27): Revised policy provided<br>Reviewer Comment (2022-09-19): Hoi policy received with Correct street address , But city name now shows xxxxxx which is not matching with Note xxxxxx Exception Remains<br>Reviewer Comment (2022-09-08): Address on Note is xxxxxx which differs from Insurance. Please provide Document with same address. Exception Remains. | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776874 | xxxxxx | 26741396 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA do not match the Note address. |  |  | Reviewer Comment (2022-09-22): Update CDA received | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776466 | xxxxxx | 26720540 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Account Statements, Lease Agreement | Per final 1003, rental income was used in qualifying for REO on xxxxxx. Loan file is missing lease agreement and evidence of the two months' most recent rent payments, deposited into an account other than that used for income qualification. |  |  | Reviewer Comment (2022-09-27): Removed rental income per client as not utilized to qualify. Was able to locate 2 additional income deposits for bank statements clearly sourced for business which reflects names and receivables. | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776466 | xxxxxx | 26720722 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Missing evidence of appraisal delivery to borrower. |  |  | Reviewer Comment (2022-09-07): Client elects to waive |  |  | 09/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776466 | xxxxxx | 26793395 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-07): Client elects to waive |  |  | 09/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775384 | xxxxxx | 26792674 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Trust as insured. |  |  | Reviewer Comment (2022-09-12): Updated HOI reflects trust as additionally insured. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775384 | xxxxxx | 26792686 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The CPL and Title city does not match the Note. Further, the CPL does not reflect the Trust as insured. |  |  | Reviewer Comment (2022-09-12): Updated CPL provided<br>Reviewer Comment (2022-09-09): Corrected title provided. CPL reflects Trust as insured, however still reflects the incorrect city. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775384 | xxxxxx | 26792716 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Estimate Settlement Statement in file only |  |  | Reviewer Comment (2022-09-09): Final SS provided | 09/09/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775384 | xxxxxx | 26792724 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-10-07): Lease agreement provided. Clause in file for conversation to month to month | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775384 | xxxxxx | 26792725 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-09-13): Updated policy provided<br>Reviewer Comment (2022-09-12): The document provided still does not reflect the mortgagee + ISAOA | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776542 | xxxxxx | 26715323 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-09-09): Received UDN report dated xxxxxx Document attached. Exception cleared. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776542 | xxxxxx | 26715475 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.41840% or Final Disclosure APR of 9.43400% is in excess of allowable threshold of APOR 5.06% + 1.5%, or 6.56000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-09): Origination appraisal received. Appraisal acknowledgment was in file at time of review | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776542 | xxxxxx | 26715476 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained prior to consummation. | Appraisal provided is dated xxxxxx , which is the same day as consummation. Appraisal must be obtained prior to consummation of the loan. |  |  | Reviewer Comment (2022-09-09): Origination appraisal received. Appraisal acknowledgment was in file at time of review | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776542 | xxxxxx | 26715477 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 9.41840% or Final Disclosure APR of 9.43400% is in excess of allowable threshold of APOR 5.06% + 1.5%, or 6.56000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-09-07): Client elects to waive |  |  | 09/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777107 | xxxxxx | 26793206 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Only the clearance report was provided |  |  | Reviewer Comment (2022-09-09): Received fraud report dated xxxxxx addressing all the red flags. Exception cleared. | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777107 | xxxxxx | 26793220 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Per purchase contract, leases are transferring and seller is to provide buyer with all lease agreements for the property. |  |  | Reviewer Comment (2022-09-20): Lease Agreement received , Exception Cleared<br>Reviewer Comment (2022-09-12): The lease agreement is required and not found. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775433 | xxxxxx | 26792843 | xxxxxx | xxxxxx | 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 (2022-09-08): Title final received received. Exception Cleared. | 09/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | B A |  | N/A | No | Property Focused |
| xxxxxx | 775884 | xxxxxx | 26720619 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.14139% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .14139%). |  |  |  | Reviewer Comment (2022-09-07): Client elects to waive |  |  | 09/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775884 | xxxxxx | 26793138 | xxxxxx | xxxxxx | 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 Review Fee. Fee Amount of $144.20 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-09-09): SitusAMC Received COC dated xxxxxx with a valid reason for change | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | 26726106 | xxxxxx | xxxxxx | 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 Title - Survey Fee. Fee Amount of $503.36 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77187) | Cure not provided. |  |  | Reviewer Comment (2022-09-27): SitusAMC received Letter of Explanation, Copy of cure refund, proof of mailing & Corrected Closing Disclosure.<br>Reviewer Comment (2022-09-27): SitusAMC received corrected PCCD, LOE & copy of refund check. Missing proof of mailing. |  | 09/27/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | 26727209 | xxxxxx | xxxxxx | 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. | HPML appraisal rule, appraisal was not completed in Lender's name but was transferred per guideline requirements. |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | 26796318 | xxxxxx | xxxxxx | 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 $1,100.00 exceeds tolerance of $675.00. Insufficient or no cure was provided to the borrower. (7506) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-09-19): AMC received Transfer letter of Appraisal on xxxxxx and COC for the same is available.<br>Reviewer Comment (2022-09-14): SitusAMC agreed that the provided COC dated xxxxxx already addressed "Appraisal was transferred to CCM from Supreme Lending". However, we have a Appraisal report in file from Supreme Lending company reported on xxxxxx . Moreover, there is no transferred Appraisal in file to validate this exception. Please provide a valid COC with supporting document when the lender become aware of the Appraisal has been transferred from Supreme Lending to CCM or Cure is required to borrower to clear this exception. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | 26721117 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | 26721120 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.08831% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .08831%). |  |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | 26800513 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-12): Evidence of the red flags being addressed was provided. | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774041 | xxxxxx | 26794576 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003 to reflect Married per Deed in file. |  |  | Reviewer Comment (2022-09-09): Updated 1003 provided | 09/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 776186 | xxxxxx | 26744500 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.00101% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.00101%). |  |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26744505 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26744530 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $131.55 exceeds tolerance of $73.00. Insufficient or no cure was provided to the borrower. (7520) | Credit Report Fee. Fee Amount of $131.55 exceeds tolerance of $73.00. Cure provided at closing is insufficient. |  |  | Reviewer Comment (2022-09-15): SitusAMC received LE screenshot for proof of round off amount.<br>Reviewer Comment (2022-09-13): SitusAMC Credit report fee increased from $73.00 on LE dated xxxxxx to $131.55 on Executed Final CD dated xxxxxx with no valid COC. The tolerance cure was issued in the amount of -$58.40 on the Executed Final CD, however the actual cure required is for $58.55. we will require an additional cure for $0.15 or if the fees were rounded off on LE, we will need the evidence confirming the rounding off of the fee. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26744862 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Liability After Foreclosure Missing | TILA-RESPA Integrated Disclosure - Other Disclosures: Final Closing Disclosure provided on xxxxxx did not disclose the Liability After Foreclosure statement. (Final xxxxxx) | Other Disclosures: Final Closing Disclosure provided on xxxxxx did not disclose the Liability After Foreclosure statement |  |  | Reviewer Comment (2022-09-13): SitusAMC received PCCD. |  | 09/13/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26799672 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The second lien on the subject property is held by a private individual. Loan file is missing evidence of the 5/2022 and 6/2022 mortgage payments. |  |  | Reviewer Comment (2022-09-13): Received VOM for the second lien along with cancelled checks. Document attached. Exception cleared. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26799735 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | Massachusetts Home Loan - Borrower's Interest Tangible Net Benefit Worksheet Not in File | Massachusetts Home Loan: No evidence in loan file of document or worksheet indicating how the lender determined that the home loan is in the borrower's interest. | The Tangible Net Benefit disclosure provided is not completed, nor signed by Lender. |  |  | Reviewer Comment (2022-09-15): Received<br>Reviewer Comment (2022-09-13): The NTB, page 2 is not completed. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26799736 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Massachusetts HPML Threshold Test Compliant | Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of 9.19830% or Final Disclosure APR of 9.23300% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000% Compliant Higher Priced Loan. |  |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776186 | xxxxxx | 26830166 | xxxxxx | xxxxxx | 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 $131.55 exceeds tolerance of $73.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) |  |  |  | Reviewer Comment (2022-09-15): Sufficient Cure Provided At Closing |  | 09/15/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776385 | xxxxxx | 26722789 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Borrower does not have the 12 months experience required managing an investment property and therefore did not qualify for a cashout transaction. Borrower purchased the Property on xxxxxx and this loan was consummated on xxxxxx . Guidelines state that First Time Investors are not eligible for cash-out transactions. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776385 | xxxxxx | 26722831 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Hazard Insurance Policy states the coverage amount as $288,000.00, plus 10% Extended Coverage for a total of $316,800. The Appraisal reflects the estimated cost new as xxxxxx and the loan amount is xxxxxx . Per guidelines, must cover at minimum the loan amount/unpaid principal balance. |  |  | Reviewer Comment (2022-09-19): RCE received, Exception Cleared.<br>Reviewer Comment (2022-09-16): No new docs received. Please try Re-Uploading. Exception Remains. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776385 | xxxxxx | 26843341 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776291 | xxxxxx | 26746991 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Address: xxxxxx Address: xxxxxx Statement<br> Insurance Verification<br> Insurance Verification | The following REO documents are required and missing: mortgage statement for 2nd lien on primary residence; HOI for REOs on xxxxxx and xxxxxxs. |  |  | Reviewer Comment (2022-10-03): Documentation received. Properties on xxxxxx and Lost are free and clear - no HOI required. The new Note for the second lien on primary in file.<br>Reviewer Comment (2022-09-30): Required document is not received The following REO documents are required and missing: mortgage statement for 2nd lien on primary residence ; xxxxxx HOI for REOs on xxxxxx Address: xxxxxx | 10/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776291 | xxxxxx | 26755776 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | No evidence of appraisal delivery to borrower. |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776291 | xxxxxx | 26755777 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Late Charge | California Non Primary Residence Late Charge Grace Period Testing | California Late Charge: Note grace period of 5 days is less than the state minimum of 10 days. | Number of grace days provided on note is less than the minimum required by the state. |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776291 | xxxxxx | 26799775 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Rural property type not permitted by guidelines. Per appraisal provided, subject location is rural. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-12): Client elects to waive with verified compensation factors |  |  | 10/12/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776291 | xxxxxx | 26799916 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | VOM provided for borrower's primary residence is from a private individual. Per guidelines, 6 months canceled checks are required and were not provided. Further, missing 12 month history for second mortgage on primary residence. |  |  | Reviewer Comment (2022-09-16): Received 8 months official checks reflecting payments done to the private lender. Documents attached. Exception cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776291 | xxxxxx | 26799954 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-16): Received fraud report dated xxxxxx addressing all the red flags. Exception cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777110 | xxxxxx | 26745159 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-09-13): Supplement provided | 09/13/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777110 | xxxxxx | 26745177 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | A new scored report dated prior to closing is required. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775423 | xxxxxx | 26755892 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud report not provided and required per guidelines. Only clearance report was provided. |  |  | Reviewer Comment (2022-09-13): Received fraud report dated xxxxxx addressing all the red flags. Exception cleared. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C A |  | N/A | No | Property Focused |
| xxxxxx | 775423 | xxxxxx | 26755954 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-09-20): Title final received with loan amount, exception Cleared. | 09/20/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C A |  | N/A | No | Property Focused |
| xxxxxx | 776139 | xxxxxx | 26742500 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-09-14): Supplemental report received. Exception Cleared. | 09/14/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 774736 | xxxxxx | 26743714 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 65.00000%. | The guidelines allow a 70% maximum LTV; however, property is vacant therefore 5% reduction to allow maximum LTV of 65%. The loan closed with an LTV of 75%. The file contains a Lender exception. Must be approved by the investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774736 | xxxxxx | 26743728 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The Hazard Insurance policy reflects the subject state as xxxxxx; however, the Note reflects the subject state as xxxxxx. |  |  | Reviewer Comment (2022-09-12): Updated HOI provided | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774736 | xxxxxx | 26743762 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | For investment properties, a listing expiration of less than six months is permitted with a prepayment penalty. The MLS cancellation was not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-13): Client elects to waive with verified compensation factors |  |  | 09/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774736 | xxxxxx | 26804419 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. |  |  |  |  | Reviewer Comment (2022-09-12): Updated HOI provided | 09/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776912 | xxxxxx | 26745791 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.36903% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .36903%). |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776912 | xxxxxx | 26745811 | xxxxxx | xxxxxx | 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 $4,030.00 exceeds tolerance of $3,185.00. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Points. Fee Amount of $4,030.00 exceeds tolerance of $3,185.00. Insufficient or no cure was provided to the borrower. CoC provided is dated more than 3 business days prior to when CD was issued reflecting increased amount. |  |  | Reviewer Comment (2022-09-13): SitusAMC received updated LE dated xxxxxx and a valid COC was already provided in original file for the Loan discount point increased due to Rate locked and Loan amount also increased. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776912 | xxxxxx | 26745812 | xxxxxx | xxxxxx | 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 Origination Fee. Fee Amount of $2,015.00 exceeds tolerance of $1,820.00. Insufficient or no cure was provided to the borrower. (7325) | Loan Origination Fee. Fee Amount of $2,015.00 exceeds tolerance of $1,820.00. Insufficient or no cure was provided to the borrower. CoC provided is dated more than 3 business days prior to when CD was issued reflecting increased amount. |  |  | Reviewer Comment (2022-09-13): SitusAMC received updated LE dated xxxxxx and a valid COC was already provided in original file for the Loan Origination fee increased due to Rate locked and Loan amount also increased. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776912 | xxxxxx | 26745850 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 9.41950% or Final Disclosure APR of 9.42300% is in excess of allowable threshold of APOR 5.28% + 1.5%, or 6.78000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776912 | xxxxxx | 26802872 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Third Party Verification | File is missing third party verification of borrower's ownership percentage of business. CPA letter provided states borrower and spouse own business; however, spouse is not on loan. The business narrative reflecting 50% ownership was completed by borrower and spouse and is not considered third party verification. Income subject to recalculation once received. |  |  | Reviewer Comment (2022-09-13): Exception Cleared received K-1 with ownership percentage | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777592 | xxxxxx | 26745664 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Appraisal notice provided to the borrowers prior to the completion date. |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | 26746712 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.45362% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.45362%). | Points and Fees are under-disclosed by $4,568.86. |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | 26803107 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Rural property types not permitted per guidelines. Per appraisal, subject location is rural. Loan file contains investor exception request. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-09): Waived with compensating factors per investor exception request report. |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | 26803216 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Account Statements | Guidelines require evidence of recent receipt of pension income. Loan file is missing this evidence for pension in the amount of $234.90 and pension in the amount of $3,902.01. |  |  | Reviewer Comment (2022-09-16): Bank statement account# 0906- pension amount $234.9 has credited on xxxxxx is provided.<br>Reviewer Comment (2022-09-14): We do not have any statements ending xxxxxx . The transactions for 8/5 on the statement provided only reflect a deposit for xxxxxx of $1,000.<br>Reviewer Comment (2022-09-14): Will accept the bank statements for the Pension deposit for the net income of $3,337.42. However, still need evidence of pension deposits for $234.90 from xxxxxx<br>Reviewer Comment (2022-09-13): Exception remains same. We require Account statement for pension received in the amount of $234.90 and $3,902.01. The provided document is Award letter which we already have. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | 26803380 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777231 | xxxxxx | 26743828 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 69.98474% exceeds Guideline loan to value percentage of 65.00000%. | DSCR < 1.00 on C/O refinances, max LTV is 65%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-09-19): Overlay received to guidelines by client which allows the higher of the actual rents on lease + 2 months rent receipts to be utilized for DSCR qual. DSCR > 1.00 and max LTV is now 70%<br>Reviewer Comment (2022-09-19): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-14): Upon further review, condition remains. Although 2 months rent receipts provided with the lease agreement, this loan was UW to 8.2022 guidelines which no longer allow higher rents to be utilized with 2 months rent receipts and a lease agreement. The calculation is based off the lower of the market rents or lease agreement + rent.<br>Reviewer Comment (2022-09-14): Only 1 month rent receipt was provided. The check dated xxxxxx was deposited on xxxxxx Also reflects July rent.<br>Reviewer Comment (2022-09-13): Per the original condition, the DSCR is < 1.00. Further, the investor guidelines 8.2022 were utilized for the review. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777231 | xxxxxx | 26805592 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Final CD reflects a disbursement date prior to consummation. |  |  | Reviewer Comment (2022-09-13): Final SS provided | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777612 | xxxxxx | 26742811 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  |  |  | Reviewer Comment (2022-10-04): Guaranty Agreement provided | 10/04/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777612 | xxxxxx | 26800541 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Hazard Insurance and the Flood Insurance do not reflect the Entity as insured. |  |  | Reviewer Comment (2022-10-24): Updated flood insurance received<br>Reviewer Comment (2022-10-12): Update HOI received. Pending receipt of updated Flood Insurance Policy. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777612 | xxxxxx | 26800575 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of is less than Guideline representative FICO score of 660. | Per the credit report in file, borrower does not have any credit scores. Per the 1003, borrower is a perm resident of the US as of 1/2022. Exception will be required if borrower does not have any US credit/scores. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-04): Client elects to waive with verified compensation factors |  |  | 10/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777612 | xxxxxx | 26800582 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Guideline Issue: Insufficient tradelines per credit guidelines |  | Minimum 3 tradelines rated for 12 months that may be open or closed OR 2 tradelines rated for 24 months that may be open or closed. Per the credit report in file, borrower does not meet the tradeline guideline requirement. Per the 1003, borrower is a perm resident of the US as of 1/2022. Exception will be required if borrower does not have any US credit/scores. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-04): Client elects to waive with verified compensation factors |  |  | 10/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777612 | xxxxxx | 26954444 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-17): PDI received dated xxxxxx : No Damage<br>Reviewer Comment (2022-10-11): PDI will be ordered |  |  | 10/17/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 775998 | xxxxxx | 26755951 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  |  |  |  | Reviewer Comment (2022-09-14): Tax Certificate received. Exception Cleared. | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775998 | xxxxxx | 26756221 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The file contains a fraud report with the Undisclosed Debt Monitoring; however, the report is dated xxxxxx which is not within 10 days of the Note date of xxxxxx . |  |  | Reviewer Comment (2022-09-14): Received UDM report dated xxxxxx Exception cleared. | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775998 | xxxxxx | 26756495 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the final appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-08): Client elects to waive |  |  | 09/08/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775998 | xxxxxx | 26756538 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certificate is missing the xxxxxx unit number. |  |  | Reviewer Comment (2022-09-15): Flood Certificate received with condo unit number (xxxxxx), Exception Cleared | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775998 | xxxxxx | 26756546 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx , II, Borrower: xxxxxx 4506-C (2021)<br> 4506-C (2021) | The guidelines require a completed 4506-C. The file contains a signed and dated 4506-C for both borrowers; however, the 4506-C is missing the Year or Period Requested. |  |  | Reviewer Comment (2022-09-15): 4506-C provided for both borrower. Refer doc id # xxxxxx,xxxxxx. Hence, exception cleared. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776922 | xxxxxx | 26757621 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of $1,339,655.58 is greater than Guideline total cash-out of $1,000,000.00. | Investor exception in file | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-09): Client elects to waive with verified compensation factors |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776922 | xxxxxx | 26805636 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  |  |  |  | Reviewer Comment (2022-09-13): Note Addendum- Prepayment doc was received on xxxxxx Exception cleared. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | Yes | Property Focused |
| xxxxxx | 776922 | xxxxxx | 26806355 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-21): Client elects to received with verified compensation factors |  |  | 09/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775634 | xxxxxx | 26805873 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  | The HOA questionnaire in file does not reflect the correct borrower nor unit number. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-14): Client elects to waive with verified compensation factors |  |  | 09/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775301 | xxxxxx | 26756503 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 78.84615% exceeds Guideline loan to value percentage of 70.00000%. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-14): We must utilize the guidelines provided to us by the investor. A waive can be requested from the investor to an EV2.<br>Reviewer Comment (2022-09-13): The investor provided us with 7.2022 lender guidelines to review to. For the borrower's FICO and loan amount, R?T can go up to 70% max. 80% is for a purchase. |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26756508 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26756509 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.62192% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.62192%). |  |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26756528 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Due to gift funds being dated post-consummation date. |  |  | Reviewer Comment (2022-09-20): Pre-close gift funds were provided. | 09/20/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26756532 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Due to gift funds being dated post-consummation date. |  |  | Reviewer Comment (2022-09-20): Pre-close gift funds were provided. | 09/20/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26756823 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The gift funds in the amount of $31,000 were received on xxxxxx , which is post consummation date of xxxxxx . Compliance testing is based on consummation date, not disbursement date. |  |  | Reviewer Comment (2022-09-20): Pre-close gift funds were provided. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26806699 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower has been on current job less than 2 years, and prior employment history was not documented as required. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Guidelines for the WVOE program require to be employed for 2 years at the same employment. File contains verification from TWN which reflects borrower's hire date as xxxxxx 21, which is only 8 months prior to subject loan closing date and does not meet 2 year requirement. |  |  | Reviewer Comment (2022-09-15): Preclose VVOE provided<br>Reviewer Comment (2022-09-14): The document provided pre-close has an incorrect start date. The verification of actual start date was verified post close. The document is not acceptable. A waive can be requested by the investor to an EV2<br>Reviewer Comment (2022-09-13): QC verification is not acceptable. Employment must be verified by employer as well as verification provided is dated post close and not acceptable. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26806706 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Completion date of appraisal report is xxxxxx , which is less than 3 business days prior to consummation of the loan. |  |  | Reviewer Comment (2022-09-09): Client elects to waive |  |  | 09/09/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26806707 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.99970% or Final Disclosure APR of 8.02200% is in excess of allowable threshold of APOR 5.06% + 1.5%, or 6.56000%. Non-Compliant Higher Priced Mortgage Loan. | Completion date of appraisal report is xxxxxx , which is less than 3 business days prior to consummation of the loan. |  |  | Reviewer Comment (2022-09-23): Delivery of updated appraisal provided<br>Reviewer Comment (2022-09-21): Received origination appraisal and LOE from borrower on when origination appraisal was received. Pending receipt of delivery of the updated appraisal completed on xxxxxx <br>Reviewer Comment (2022-09-14): The document provided is an appraisal invoice and does not clear the condition. Please see comments from 9/13<br>Reviewer Comment (2022-09-13): The original appraisal report was provided with a completion date of xxxxxx however this does not clear the condition. We will need evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as we need evidence of delivery of the updated appraisal dated xxxxxx  | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26806708 | xxxxxx | xxxxxx | 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 xxxxxx | Completion date of appraisal report is xxxxxx , which is less than 3 business days prior to consummation of the loan. |  |  | Reviewer Comment (2022-09-23): Delivery of updated appraisal provided<br>Reviewer Comment (2022-09-21): Received origination appraisal and LOE from borrower on when origination appraisal was received. Pending receipt of delivery of the updated appraisal completed on xxxxxx <br>Reviewer Comment (2022-09-14): The document provided is an appraisal invoice and does not clear the condition. Please see comments from 9/13<br>Reviewer Comment (2022-09-13): The original appraisal report was provided with a completion date of xxxxxx however this does not clear the condition. We will need evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as we need evidence of delivery of the updated appraisal dated xxxxxx  | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26815929 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26815930 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-21): Received origination appraisal report and delivery.<br>Reviewer Comment (2022-09-14): The document provided is an appraisal invoice and does not clear the condition. Please see comments from 9/13<br>Reviewer Comment (2022-09-13): The original appraisal report was provided with a completion date of xxxxxx however this does not clear the condition. We will need evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as we need evidence of delivery of the updated appraisal dated xxxxxx  | 09/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775301 | xxxxxx | 26880089 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-23): Client elects to waive |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | 26755939 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-10): Client elects to waive |  |  | 09/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | 26755940 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.29760% or Final Disclosure APR of 7.30700% is in excess of allowable threshold of APOR 5.20% + 1.5%, or 6.70000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-15): Appraisal acknowledgment received | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | 26755941 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-15): Appraisal acknowledgment received | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | 26807510 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $27,900.00 is less than Cash From Borrower $259,176.21. | Loan file only contains one page printout for a xxxxxx account ending in 9690, with no evidence the account belongs to the Borrower. Please provide full monthly statement reflecting account belongs to borrower. Further, the balance in the account shown of $253,664.93 is insufficient to cover cash to close of $259,176.21. |  |  | Reviewer Comment (2022-09-13): VOD provided. Borrower has sufficient funds to close. | 09/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | 26807511 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  | Reviewer Comment (2022-09-10): Client elects to waive |  |  | 09/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777126 | xxxxxx | 26807513 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. |  |  |  | Reviewer Comment (2022-09-10): Client elects to waive |  |  | 09/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | 26765035 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The guidelines require 12 full months of housing history. The credit reports provided only confirms 7 months for the borrower and 8 months for the co-borrower. The file is missing evidence of the remaining 5 and 4 months of housing history for both borrowers' primary residence. Further, will also need a 12 month VOM for the property on xxxxxx | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-06): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-30): Deed provided for the property on 26th showing recently purchased on xxxxxx. Mtg history on the credit report. Still pending 12 month receipt of housing history on the primary residence.<br>Reviewer Comment (2022-09-27): A 12 month mortgage history is required for both the borrower's primary residence and for the property on xxxxxx. The screenshot provided only reflects 3 months.<br>Reviewer Comment (2022-09-15): Exception remains received Mortgage Statement for xxxxxx |  |  | 10/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | 26765259 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 7.20045% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx (2022) (an overage of xxxxxx or 2.20045%). |  |  |  | Reviewer Comment (2022-09-12): Client elects to waive |  |  | 09/12/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | 26765260 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Non Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Investment occupancy with business purpose cert in file. Business purpose loans exempt from RESPA HUD-1 requirement. EV2 informational finding to indicate which document was used to source fees for any applicable testing. |  |  |  | Reviewer Comment (2022-09-12): Client elects to waive |  |  | 09/12/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | 26765309 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Insurance Verification, Statement, Tax Verification | The file is missing verification of the taxes and insurance for the property located on xxxxxx. If the taxes and insurance are included in the mortgage payment, a copy of the mortgage statement or other documentation to verify the escrow is required. |  |  | Reviewer Comment (2022-09-15): Verified Mortgage Statement which includes Taxes & Insurance.<br>Reviewer Comment (2022-09-14): No new trailing documents were provided. Please try uploading again. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | 26811474 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx VVOE - Employment Only | The VVOE for B2 is completed but not signed and dated for the W2 position. |  |  | Reviewer Comment (2022-09-14): Received VVOE for B2 with sign and date. Hence exception cleared. | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776559 | xxxxxx | 26809220 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HO6 does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-09-27): Updated HOI provided | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 776559 | xxxxxx | 26809272 | xxxxxx | xxxxxx | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: xxxxxx | Personal Guaranties from community property states (AK, AZ, ID, LA, NM, TX, WA, WI) must be accompanied with a Spousal Consent to Pledge. |  |  | Reviewer Comment (2022-10-06): Spousal consent provided<br>Reviewer Comment (2022-10-04): The document provided is not signed by the spouse nor is the info for name of spouse or spouse address completed. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777319 | xxxxxx | 26792602 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgment of receipt of Appraisal was not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26792603 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.37680% or Final Disclosure APR of 7.38900% is in excess of allowable threshold of APOR 5.20% + 1.5%, or 6.70000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-16): Appraisal acknowledgment received | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26792604 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgment of receipt of Appraisal was not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-09-16): Appraisal acknowledgment received | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26792605 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.33725% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .33725%). |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26793183 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1073/465 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx xxxxxx | The property type is Townhouse and the appraisal form used for the valuation is 1073/465. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26793199 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Final 1003 indicates borrowers are currently living rent free. Loan file is missing LOE from relative borrower resides with. |  |  | Reviewer Comment (2022-09-16): As per LOX from the owner of the property xxxxxx, the borrowers are living rent since 2012. Received updated final 1003 marking "No primary housing expense" for both borrowers. Documents attached. Exception cleared.<br>Reviewer Comment (2022-09-14): The LOE provided references B2 only living rent free, however the 1003 reflects renting the primary residence for $1,000/month. The LOE does not reference B1 xxxxxx in which the 1003 reflects this borrower is living rent free. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26815694 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-14): Clearance LOE provided | 09/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777319 | xxxxxx | 26815702 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776044 | xxxxxx | 26796897 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-09-21): The final title was provided. | 09/21/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A |  | N/A | No | Property Focused |
| xxxxxx | 776044 | xxxxxx | 26796901 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-09-20): Final Commitment received showing policy amount as xxxxxx same as the Note amount, Exception Cleared | 09/20/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A |  | N/A | No | Property Focused |
| xxxxxx | 775857 | xxxxxx | 26812438 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  | Reviewer Comment (2022-09-15): Closing Protection Letter received. Exception Cleared. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775857 | xxxxxx | 26812445 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | The title does not reflect the current borrower as a vested owner. Property profile report reflects vested in 2019. |  |  | Reviewer Comment (2022-09-20): Deed provided. Refer doc id # D0615. Exception cleared<br>Reviewer Comment (2022-09-16): This is a C/O refinance. The title vesting must be in the name of the borrower. Further, #14 reflects conveyance of said land, therefore a deed is required. | 09/20/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 775857 | xxxxxx | 26812477 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | VOR for primary residence completed by a private party/non-institiuonal landlord. Cancelled checks are required. |  |  | Reviewer Comment (2022-09-28): Exception is cleared received rent roll document | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 776332 | xxxxxx | 26796502 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Older Than 30 days When Provided to Borrower | RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations was older than 30 days when provided to borrower. |  |  |  | Reviewer Comment (2022-09-13): client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776332 | xxxxxx | 26796503 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | Maryland HB1399 - No evidence of counseling agencies list per Maryland HB 1399. |  |  |  | Reviewer Comment (2022-09-13): client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776332 | xxxxxx | 26817134 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. |  |  |  | Reviewer Comment (2022-09-13): client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Lender attestation indicating that (1) the borrower did not qualify for any non-higher-priced loans or (2) the lender does not offer non-higher-priced loans. B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776332 | xxxxxx | 26817135 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of 7.90980% or Final Disclosure APR of 7.92400% is in excess of allowable threshold of APOR 5.37% + 2.5%, or 7.87000%. Non-Compliant Higher Priced Loan. |  |  |  | Reviewer Comment (2022-09-13): client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | 26792775 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: Closing Disclosure is incomplete |  | Final Closing Disclosure is missing page 3. |  |  | Reviewer Comment (2022-09-15): Final Closing Disclosure with page 3 is uploaded. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | 26792869 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-16): Received CDA<br>Reviewer Comment (2022-09-14): CDA will be ordered | 09/16/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | 26792936 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.47496% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .47496%). |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | 26792938 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $545.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-09-07): Sufficient Cure Provided At Closing |  | 09/07/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | 26792984 | xxxxxx | xxxxxx | Compliance | Compliance | Miscellaneous Compliance | Compliance | TRID Error: Cash at settlement from or to borrower is blank. | Date Issued: xxxxxx | Final CD dated xxxxxx is missing page 3. |  |  | Reviewer Comment (2022-09-15): Page 3 of xxxxxx CD provided. | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | 26795306 | xxxxxx | xxxxxx | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Title Evidence: Commitment <br> State: CA | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-09-15): Final Title provided | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | 26796024 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>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>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-09-16): The client elects to waive with comp factors.<br>Reviewer Comment (2022-09-16): There is no evidence that CA allows escrow instructions in lieu of a signed purchase contract. Evidence will need to be provided for this or an exception granted by the investor.<br>Reviewer Comment (2022-09-15): Escrow instructions were provided. We need a fully executed purchase contract plus all addendums. |  |  | 09/16/2022 | 2 D B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | 26796310 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-09-15): Final Title provided | 09/15/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | 26816192 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Missing deed signed at closing transferring property ownership to our borrowers. |  |  | Reviewer Comment (2022-09-15): Deed provided | 09/15/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | 26796288 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.03571% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.03571%). |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | 26796345 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-20): The client elects to waive with comp factors. |  |  | 09/20/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | 26818725 | xxxxxx | xxxxxx | 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 Review Fee. Fee Amount of $205.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104) | Zero percent fee tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-13): Sufficient Cure Provided At Closing |  | 09/13/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | 26818745 | xxxxxx | xxxxxx | 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 Application Fee. Fee Amount of $1,295.00 exceeds tolerance of $1,195.00. Sufficient or excess cure was provided to the borrower at Closing. (7306) | Zero percent fee tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-13): Sufficient Cure Provided At Closing |  | 09/13/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | 26796560 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing 12 month mortgage history for departing primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-20): As per fraud report and property history report the borrower is the owner of xxxxxx along with her spouse. Hence, 12 months history is needed. Exception remains.<br>Reviewer Comment (2022-09-15): The guidelines stated 6 months cancelled checks are required if the VOM is completed by a private party or non-institutional lender. That does not mean only 6 months of mortgage history is required. A full 12 months is needed. |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | 26796686 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | 26796688 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA | ARM Disclosure Timing Test | TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. |  |  |  | Reviewer Comment (2022-09-26): ARM disclosure provided<br>Reviewer Comment (2022-09-22): The ARM disclosure provided is dated xxxxxx . Application date is xxxxxx . The disclosure was not sent within 3 business days of application date.<br>Reviewer Comment (2022-09-15): The same document was provided that was in file at time of review. The ARM disclosure must be provided to the borrower within 3 business days of application/change to ARM product. Condition remains. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26803433 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | The guidelines do not allow rural properties. The appraisal report reflects the property is located in a xxxxxx. |  |  | Reviewer Comment (2022-09-20): A corrected appraisal was provided reflecting suburban rather than rural. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26803994 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26803995 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.99620% or Final Disclosure APR of 7.99600% is in excess of allowable threshold of APOR 5.28% + 2.5%, or 7.78000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-06): Stamped mailed appraisal form and lender attestation provided<br>Reviewer Comment (2022-10-06): Attestation provided. Provide the xxxxxx appraisal with the stamp mailed. The document provided previously only reflects xxxxxx without the stamp mailed.<br>Reviewer Comment (2022-09-29): Origination appraisal report and delivery received. Pending receipt of delivery of the updated appraisal.<br>Reviewer Comment (2022-09-26): The delivery of updated appraisals is not a guideline requirement but HMPL requirement (regs 12 CFR 1026.35(c)(6)(ii)). The lender provided the origination appraisal with a completion date of xxxxxx , an updated appraisal xxxxxx , and another updated appraisal dated xxxxxx . Received the appraisal delivery for the 1st updated appraisal dated xxxxxx . Need evidence the xxxxxx appraisal was delivered to the borrow4r within 3 business days prior to closing as well as the last updated appraisal dated xxxxxx was delivered to the borrower.<br>Reviewer Comment (2022-09-21): The appraisals we have in file have a completion date of xxxxxx and xxxxxx . The appraisal delivery received states sent on xxxxxx 2. The appraisal cannot be sent to the borrower prior to completion. The effective date xxxxxx is when the appraiser was assigned the report. Provide evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as delivery of the updated appraisal dated xxxxxx . If there is an origination report with a completion date of xxxxxx, we will need that as well (based on appraisal delivery of xxxxxx received).<br>Reviewer Comment (2022-09-20): Evidence of appraisal delivery is dated xxxxxx ; however, the earliest dated report in the file is xxxxxx . Please provide the appraisal dated xxxxxx . Also, please provide evidence of when both updated appraisal was provided. This is an HPML requirement. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26803996 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-06): Stamped mailed appraisal form and lender attestation provided<br>Reviewer Comment (2022-10-06): Attestation provided. Provide the xxxxxx appraisal with the stamp mailed. The document provided previously only reflects xxxxxx without the stamp mailed.<br>Reviewer Comment (2022-09-26): The delivery of updated appraisals is not a guideline requirement but HMPL requirement (regs 12 CFR 1026.35(c)(6)(ii)). The lender provided the origination appraisal with a completion date of xxxxxx , an updated appraisal xxxxxx , and another updated appraisal dated xxxxxx . Received the appraisal delivery for the 1st updated appraisal dated xxxxxx . Need evidence the xxxxxx appraisal was delivered to the borrow4r within 3 business days prior to closing as well as the last updated appraisal dated xxxxxx was delivered to the borrower.<br>Reviewer Comment (2022-09-21): The appraisals we have in file have a completion date of xxxxxx and xxxxxx . The appraisal delivery received states sent on xxxxxx 2. The appraisal cannot be sent to the borrower prior to completion. The effective date xxxxxx is when the appraiser was assigned the report. Provide evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as delivery of the updated appraisal dated xxxxxx . If there is an origination report with a completion date of xxxxxx, we will need that as well (based on appraisal delivery of xxxxxx received).<br>Reviewer Comment (2022-09-20): Exception Detail Updated from: 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 xxxxxx <br>Reviewer Comment (2022-09-20): Evidence of appraisal delivery is dated xxxxxx ; however, the earliest dated report in the file is xxxxxx . Please provide the appraisal dated xxxxxx . Also, please provide evidence of when both updated appraisal was provided. This is an HPML requirement. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26804049 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines do not allow business assets to be used to qualify the loan for under the asset utilization loan program. The lender used business assets to qualify the income. The file contains an investor exception. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-14): Waived with compensating factors per investor exception request report in file. |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26867618 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-21): Client elects to waive |  |  | 09/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26867619 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-29): Origination appraisal and delivery received.<br>Reviewer Comment (2022-09-26): The delivery of updated appraisals is not a guideline requirement but HMPL requirement (regs 12 CFR 1026.35(c)(6)(ii)). The lender provided the origination appraisal with a completion date of xxxxxx , an updated appraisal xxxxxx , and another updated appraisal dated xxxxxx . Received the appraisal delivery for the 1st updated appraisal dated xxxxxx . Need evidence the xxxxxx appraisal was delivered to the borrow4r within 3 business days prior to closing as well as the last updated appraisal dated xxxxxx was delivered to the borrower.<br>Reviewer Comment (2022-09-21): The appraisals we have in file have a completion date of xxxxxx and xxxxxx . The appraisal delivery received states sent on xxxxxx 2. The appraisal cannot be sent to the borrower prior to completion. The effective date xxxxxx is when the appraiser was assigned the report. Provide evidence that the xxxxxx appraisal was delivered to the borrower within 3 business days prior to consummation as well as delivery of the updated appraisal dated xxxxxx . If there is an origination report with a completion date of xxxxxx, we will need that as well (based on appraisal delivery of xxxxxx received). | 09/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | 26931845 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-10-06): Client elects to waive |  |  | 10/06/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775279 | xxxxxx | 26798669 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  |  |  | Reviewer Comment (2022-09-19): Purchase Agreement received (D0153), Exception Cleared | 09/19/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26798681 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-09-19): Business Entity document received showing business status as active (D0149), Exception Cleared | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26798683 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-09-19): Articles of Organization provided. Exception Cleared. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26798684 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  | Reviewer Comment (2022-09-19): Operating Agreement received. Exception Cleared. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26798685 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Provide the borrower's unexpired passport, VISA, and EAD. |  |  | Reviewer Comment (2022-09-19): Borrower's unexpired Passport received. Exception Cleared. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26818843 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | Provide the blanket HOI policy. |  |  | Reviewer Comment (2022-09-19): Master policy received (D0180) Exception Cleared | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775279 | xxxxxx | 26818864 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  | Reviewer Comment (2022-09-19): Employer Identification Number (EIN) document received (D0147), Exception Cleared | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 775380 | xxxxxx | 26819343 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Provide the Fraud Report for xxxxxx |  |  | Reviewer Comment (2022-09-23): Received fraud report for xxxxxx addressing all the red flags. Exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775380 | xxxxxx | 26819354 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  | The pending litigation question was not answered. (#12) |  |  | Reviewer Comment (2022-09-26): Received HOA Questionnaire with litigation question answered | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775380 | xxxxxx | 26819370 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-09-16): Articles of Organization received. Exception Cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775388 | xxxxxx | 26804662 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Unit number ism issing |  |  | Reviewer Comment (2022-09-23): Flood cert provided which matches with the Note address. Refer doc id # D0308. Hence, exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775388 | xxxxxx | 26819399 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Provide the Fraud Report for xxxxxx |  |  | Reviewer Comment (2022-09-23): Received fraud report for xxxxxx addressing all the red flags. Exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775388 | xxxxxx | 26819406 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. |  | The CPL does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-09-23): CPL provided. Refer doc id# D0307. Hence, exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775388 | xxxxxx | 26819426 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-09-16): Articles of Organization received. Exception Cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777297 | xxxxxx | 26798879 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>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. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reviewer Comment (2022-09-20): The client elects to waive with comp factors. |  |  | 09/20/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775463 | xxxxxx | 26803057 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.07108% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.07108%). | Loan violates xxxxxx 3% rule. Points and fees total 4.07108% or xxxxxx on a federal loan amount of xxxxxx allowable amount is 3% or xxxxxx an overage of xxxxxx |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775463 | xxxxxx | 26803058 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeownership counseling disclosure was not provided. |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775463 | xxxxxx | 26803059 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | No seller paid fees listed on final CD. |  |  | Reviewer Comment (2022-09-16): SitusAMC received Seller CD. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775463 | xxxxxx | 26803060 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 85.00000% exceeds Guideline loan to value percentage of 80.00000%. | Maximum LTV for a 679 credit score is 80%. Loan was approved at 85%. Lender exception provided; however, all exception requests must come from the Investor. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775463 | xxxxxx | 26825857 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided |  | Loan file is missing evidence the gift funds were transferred to the settlement agent, as required by guidelines. |  |  | Reviewer Comment (2022-09-15): Received Wire conformation document which reflects funds are transferred to settlement agent | 09/15/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776980 | xxxxxx | 26795361 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-09-28): Supplement provided | 09/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776980 | xxxxxx | 26814723 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Disclosure was not provided to borrower. |  |  | Reviewer Comment (2022-09-16): Client elects to waive |  |  | 09/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776980 | xxxxxx | 26814727 | xxxxxx | xxxxxx | 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 $3,000.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) | Cure was not provided to borrower for increase in discount points. |  |  | Reviewer Comment (2022-09-20): SitusAMC received COC dated xxxxxx  | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26799378 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26799684 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819328 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Per guidelines, rural property types are not permitted. Subject is rural per appraisal report in file. Investor exception request in file. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-13): Waived with compensating factors per investor exception request in file. |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819362 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-19): Received gap credit report dated xxxxxx Exception cleared. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819386 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-21): Received underwriter's attestation explaining all the red flags. Document attached. Exception cleared. | 09/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819418 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Amount of Non-Escrowed Property Costs over Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 252.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-09-13): Client elects to waive |  |  | 09/13/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819419 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Zero Percent Fee Tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-13): Sufficient Cure Provided At Closing |  | 09/13/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | 26819420 | xxxxxx | xxxxxx | 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 $110.00 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) | Zero Percent Fee Tolerance exceeded; however, sufficient cure provided at closing. |  |  | Reviewer Comment (2022-09-13): Sufficient Cure Provided At Closing |  | 09/13/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777724 | xxxxxx | 26798058 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Minimum of 600 square feet of gross living area required per company guidelines. |  | The guidelines require a minimum of xxxxxx<br> square foot for a condo unit. The appraisal report reflects the subject property is a xxxxxx. The file contains a lender exception; however, an investor exception was not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777724 | xxxxxx | 26798199 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | The final HUD-1 reflects the borrower purchased homeowner's insurance (HO6) with a premium of $316 per year; however, the file is missing a copy of the policy and premium verification. |  |  | Reviewer Comment (2022-09-20): HO6 received which verifies Premium. Exception Cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777724 | xxxxxx | 26798289 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | The guidelines allow a maximum LTV of 70% for a loan with a DSCR score less than 1. The subject loan closed with a DSCR score of 0.77 and an LTV of 75%. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-15): Client elects to waive with verified compensation factors |  |  | 09/15/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777724 | xxxxxx | 26798329 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $86,869.04 is less than Cash From Borrower $87,873.48. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-30): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-29): All exceptions must come from the investor<br>Reviewer Comment (2022-09-20): The EMD of $7,500 was from the 1031 exchange account so the loan is still short $1,004.41. |  |  | 09/30/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777724 | xxxxxx | 26826158 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The branch manager, or branch personnel designated by the branch manager, will email the borrower to verify that the property is an investment property, on every loan. Provide the email. |  |  | Reviewer Comment (2022-09-20): Email provided. Refer doc id # D0182. Hence, exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777724 | xxxxxx | 26826354 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, a CDA is required, however there is a CU score of 1.0 in file which is acceptable for securitization. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-23): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-15): It is unclear if xxxxxx is electing to waive with verified comp factors. The comments say please clear based on comp factors. Please advise. |  |  | 09/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777811 | xxxxxx | 26799000 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Lease Agreements provided for units xxxxxx. Per guidelines, on 2-4 unit, max 1 vacancy. Provide the additional lease agreement for either Unit 1 or 4 or an exception will be required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | Reviewer Comment (2022-09-16): Client elects to waive with verified compensation factors |  |  | 09/16/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777811 | xxxxxx | 26823772 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.09 is less than Guideline PITIA months reserves of 6.00. | Per guidelines, C/O can only be utilized for reserves on an exception basis. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. |  | Reviewer Comment (2022-09-16): Client elects to waive with verified compensation factors |  |  | 09/16/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777781 | xxxxxx | 26804486 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | Missing the UCDP score. |  |  | Reviewer Comment (2022-09-20): CDA received<br>Reviewer Comment (2022-09-19): Received CDA however sent back to vendor to correct address.<br>Reviewer Comment (2022-09-16): CDA will be ordered | 09/20/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777781 | xxxxxx | 26805049 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777781 | xxxxxx | 26805172 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $220,299.71 is less than Cash From Borrower $266,047.94. | Documented qualifying Assets for Closing of $220,299.71 is less than Cash From Borrower $266,047.94. Cash from Borrower $194,785.94 |  |  | Reviewer Comment (2022-09-28): Exception is cleared updated EMD details in Assets Screen | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777781 | xxxxxx | 26827080 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Final 1003 reflects borrowers have been renting for 6 years, with a payment of $2,000 per month. Loan file is missing VOR. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-28): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-26): Page 5 of the guidelines: Borrower must provide the mortgage statements, if the taxes and insurance is not escrowed then verifying documentation must be provided for all properties xxxxxx e owns if the rental income or debt must be considered. For borrower's primary residence, all items must be provided. |  |  | 09/28/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777780 | xxxxxx | 26804804 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777780 | xxxxxx | 26804813 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-19): CDA received<br>Reviewer Comment (2022-09-16): CDA will be ordered | 09/19/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777782 | xxxxxx | 26803573 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | Loan is set for securitization and secondary valuation not provided. |  |  | Reviewer Comment (2022-09-19): CDA received<br>Reviewer Comment (2022-09-16): CDA will be ordered | 09/19/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777782 | xxxxxx | 26803888 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Other Includes Insurance Costs | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xxxxxx disclosed whether Homeowners insurance is included in escrow in incorrect section. Creditor disclosed insurance to consumer in "Other" section where regulation requires disclosure under "Homeowner's Insurance" section of Projected Payments table. Disclosure requirement met, non-material exception for incorrect format/placement. (Final xxxxxx) | Lender marked Insurance in "other" section of final CD which is an incorrect format. |  |  | Reviewer Comment (2022-09-14): Client elects to waive |  |  | 09/14/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Good Faith Redisclosure D B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776859 | xxxxxx | 26803071 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | A gap credit report or undisclosed debt monitoring report is required no more than 10 days prior to loan closing or anytime after closing. |  |  | Reviewer Comment (2022-09-16): Received credit gap report dated xxxxxx Document attached. Exception cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776859 | xxxxxx | 26803316 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | Signed FACTA Disclosure in the loan file is dated the day of closing. |  |  | Reviewer Comment (2022-09-15): The client elects to waive. |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | 26804178 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-09-20): Received Gap credit report dated xxxxxx and is within 10 days of note date. Exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | 26804390 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable xxxxxx title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the Texas T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) |  |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | 26804392 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Provided) | Texas Constitution Section 50(a)(6): Borrower did not receive written "Acknowledgment of the Fair Market Value" of homestead property securing loan. | The fair market value acknowledgement was not provided in file. |  |  | Reviewer Comment (2022-09-20): Acknowledgment of Fair Market Value document provided. Refer doc id #D0153. Hence, exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy; OR, (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | 26804393 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing disclosure document not provided to the borrower at least three business days prior to closing. |  |  | Reviewer Comment (2022-09-20): SitusAMC Received Disclosure summary showing borrower received the CD on xxxxxx  | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | 26833943 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Guidelines require LOE from additional owners of any business used in income and asset qualifying, giving the borrower access to the business funds. Loan file is missing the required LOE from the additional owner, as per the CPA letter borrower only owns 50% of the business. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-23): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-16): The account in question was also utilized for income and an access letter from the additional owner is required per guidelines |  |  | 09/23/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | 26833967 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-16): Received credit gap report dated xxxxxx Exception Cleared. | 09/16/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | 26834022 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, it is not dated to determine it was dated within 30 days of application date. |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777586 | xxxxxx | 26833356 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the Exchange Agreement and HUD-1 from the sale of the borrower's REO property. |  |  | Reviewer Comment (2022-09-20): Seller Closing Statement provided for the sale of borrower's REO property. Refer doc id # xxxxxx. Hence, exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777586 | xxxxxx | 26833371 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal reflects a Unit number vs. all other documents which do not. |  |  | Reviewer Comment (2022-09-20): The property address and the unit number are one and the same.<br>Reviewer Comment (2022-09-19): The property address and the unit number are one and the same. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777586 | xxxxxx | 26833373 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-20): Received fraud report for both borrowers addressing all the red flags. Document attached. Exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777586 | xxxxxx | 26833378 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report is missing for xxxxxx. |  |  | Reviewer Comment (2022-09-20): Received fraud report for Co-borrower Jacqueline addressing all red flags. Exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 774525 | xxxxxx | 26809792 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-10-04): FTP provided | 10/04/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 774525 | xxxxxx | 26809795 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Commitment in file. |  |  |  | Reviewer Comment (2022-09-30): Received Title Short Form covering the policy amount of $182,250. | 09/30/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 774525 | xxxxxx | 26834169 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Note/DOT+ Riders reflect "Unit" in the address. Flood Cert/Title/CPL do not reflect "Unit". Blanket HOI/HO6/Appraisal reflect "Unit xxxxxx". |  |  | Reviewer Comment (2022-10-19): Tracking lookup reflects delivered<br>Reviewer Comment (2022-10-13): LOE and corrected FTP provided. Pending receipt of fedex tracking showing shipped. Label tracking number lookup reflects Pending - Label created only.<br>Reviewer Comment (2022-10-04): Received corrected Note, DOT + Riders, Flood Cert and CPL, LOI and mailing label. Pending receipt of corrected Final Title Policy, LOE to borrower, and tracking reflecting corrected documents shipped. | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 776882 | xxxxxx | 26835565 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the borrower as insured. Reflects an LLC. |  |  | Reviewer Comment (2022-09-23): HOI document provided. Refer doc id # D0194. Hence, exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 772978 | xxxxxx | 26833571 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence that the primary residence if free and clear. The 1003 reflects this property is owned, however the Fraud Report does not list this property as borrower owned. |  |  | Reviewer Comment (2022-09-20): Property History Report provided. Refer doc id # D0267. Hence, exception cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 772978 | xxxxxx | 26833576 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HO6 does not reflect the Entity as insured. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-21): Client elects to waive with verified compensation factors |  |  | 09/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776597 | xxxxxx | 26805711 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776597 | xxxxxx | 26805712 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.48830% or Final Disclosure APR of 7.50700% is in excess of allowable threshold of APOR 4.79% + 2.5%, or 7.29000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-04): Appraisal delivery provided<br>Reviewer Comment (2022-10-04): Email was already sent to the investor regarding this on xxxxxx The attached appears to be something the lender completed on a borrower signed document. As you can see the "X" does not match the font on the rest of the document as well as the lender added their verbiage to the document regarding transferred and current appraisal. The lender will need to provide the confirmation from the borrower stating they received the appraisal and on what date. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776597 | xxxxxx | 26805713 | xxxxxx | xxxxxx | 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. | The loan does not meet the Safe Harbor requirements due to the appraisal report shows a different lender than what is on the note. |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776597 | xxxxxx | 26805714 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-04): Appraisal delivery provided<br>Reviewer Comment (2022-10-04): Email was already sent to the investor regarding this on xxxxxx The attached appears to be something the lender completed on a borrower signed document. As you can see the "X" does not match the font on the rest of the document as well as the lender added their verbiage to the document regarding transferred and current appraisal. The lender will need to provide the confirmation from the borrower stating they received the appraisal and on what date. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776597 | xxxxxx | 26805715 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776597 | xxxxxx | 26805717 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) |  |  |  | Reviewer Comment (2022-09-09): Sufficient Cure Provided At Closing |  | 09/09/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776987 | xxxxxx | 26809103 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The loan closed as an investment property; however, the initial signed application section 4 reflects the property as a primary residence. |  |  | Reviewer Comment (2022-09-19): An updated URLA was provided. | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 776987 | xxxxxx | 26832463 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | The Ops Agreement is not executed. |  |  | Reviewer Comment (2022-09-19): Received Executed Operating Agreement (D0181), Exception Cleared | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777349 | xxxxxx | 26805941 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.92060% or Final Disclosure APR of 7.92100% is in excess of allowable threshold of APOR 5.20% + 2.5%, or 7.70000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-22): Appraisal delivery received | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26805943 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-22): Appraisal delivery received | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26835645 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | AUS Findings: Down Payment % from Borrower Own Fund. | Calculated Down Payment % of Borrower Own Funds of is less than Guideline Down Payment % of Borrower Own Funds of 5.00%. | Borrower is required to have 5% of their own funds towards down payment when gift funds are present. 0% of the down payment was from borrower's own funds. Loan file contains investor exception request. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-15): Waived with compensating factors per investor exception request in file. |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26835661 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Verification of First and Last Month Rent, Verification of Security Deposit | Guidelines require proof of first month's rent and security deposit when borrowers are turning departure residence into rental property. Loan file is missing these documents. |  |  | Reviewer Comment (2022-09-19): Exception is cleared received bank statement clearly reflects the entry of first month rent and security deposit amount | 09/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26835677 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-15): Client elects to waive |  |  | 09/15/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26835679 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507) | Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. CoC form provided does not indicate a valid reason for the addition of this fee. |  |  | Reviewer Comment (2022-09-22): SitusAMC upon further review, received LOE from the Seller. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777349 | xxxxxx | 26874765 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-22): Client elects to waive |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778016 | xxxxxx | 26817117 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.24 is less than Guideline PITIA months reserves of 6.00. | Calculated PITIA months reserves of 5.24 is less than guideline required minimum of 6.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-27): Client elects to waive with verified compensation factors |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776318 | xxxxxx | 26827415 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-09-26): Gap report provided | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26827482 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that are yet to be addressed. |  |  | Reviewer Comment (2022-09-28): Received fraud report dated xxxxxx addressing all red flags. Exception Cleared. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831084 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 84.85363% exceeds Guideline loan to value percentage of 80.00000%. | Calculated LTV of 85.1063% exceeds guideline allowable maximum of 80.00%. A lender exception is provided in the loan file. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more<br>Residual income more than 2.5x the amount required by guidelines | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-26): The correct sales price was entered, however, the LTV still exceeds guidelines.<br>Reviewer Comment (2022-09-26): Exception Explanation Updated from: Calculated loan to value percentage of 85.10638% exceeds Guideline loan to value percentage of 80.00000%. |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831345 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831346 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.54740% or Final Disclosure APR of 9.62400% is in excess of allowable threshold of APOR 5.37% + 2.5%, or 7.87000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-26): Appraisal delivery provided<br>Reviewer Comment (2022-09-26): Exception Detail Updated from: Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.56580% or Final Disclosure APR of 9.66500% is in excess of allowable threshold of APOR 5.37% + 2.5%, or 7.87000%. Non-Compliant Higher Priced Mortgage Loan. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831347 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgement of receipt of appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-09-26): Appraisal delivery provided | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831348 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Initial Escrow amount of $3,287.88 does not match the initial escrow payment on the final CD. |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831349 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an Amount Financed that was not within tolerance of the actual amount financed for the loan. (Final xxxxxx) | There is a finance charge variance due to the principal and interest payment reflecting on the final CD $8307.10 and loan amount does not match what is reflecting on the Note $8,317.49. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831350 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | There is a finance charge variance due to the principal and interest payment reflecting on the final CD $8307.10 and loan amount does not match what is reflecting on the Note $8,317.49. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831351 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Principal and Interest | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on xxxxxx disclosed a Principal and Interest Payment that does not match the actual payment for the loan. (Final xxxxxx) | There is a variance due to the principal and interest payment reflecting on the final CD $8307.10 and loan amount does not match what is reflecting on the Note $8,317.49. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831352 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on xxxxxx disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/2025168) | There is a variance due to the principal and interest payment reflecting on the final CD $8307.10 and loan amount does not match what is reflecting on the Note $8,317.49. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831353 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | There is a variance due to the principal and interest payment reflecting on the final CD $8307.10 and loan amount does not match what is reflecting on the Note $8,317.49. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831354 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation | TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-8,930.00. (9300) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776318 | xxxxxx | 26831355 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD | TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. (Final xxxxxx) | The seller's CD contain fees not reflecting on the consumer's CD. |  |  | Reviewer Comment (2022-09-23): SitusAMC received final CD. | 09/23/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774663 | xxxxxx | 26811309 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-09-20): Approval provided<br>Reviewer Comment (2022-09-20): Approval not uploaded in file. Please try Re-uploading. Exception Remains. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774663 | xxxxxx | 26811415 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  |  |  |  | Reviewer Comment (2022-09-20): Business Purpose Certificate received. Exception Cleared. | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774663 | xxxxxx | 26811609 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Unit number is missing |  |  | Reviewer Comment (2022-09-23): Flood cert provided whose subject address matched with Note address. Refer doc id # D0405. Hence, exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 774663 | xxxxxx | 26840969 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file for new condo project with less than 50% conveyed, still under developer control and investor concentration undetermined. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-16): Client elects to waive with verified compensation factors |  |  | 09/16/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777536 | xxxxxx | 26814964 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-09-26): FTP provided | 09/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777536 | xxxxxx | 26814970 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Preliminary in file. |  |  |  | Reviewer Comment (2022-09-20): Final Commitment received showing policy amount as xxxxxx same as the Note amount, Exception Cleared | 09/20/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777536 | xxxxxx | 26840290 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Per documentation in loan file, borrower is a non-permanent resident alien. Guidelines require current VISA and EAD card. Loan file contains valid EAD; however, borrower does not have current VISA. Loan file contains investor exception request. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score 30+ points higher than guideline minimum. | Reviewer Comment (2022-09-16): Waived with compensating factors per investor exception request report in file. |  |  | 09/16/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777536 | xxxxxx | 26840296 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Per documentation in loan file, borrower is a non-permanent resident; however, final 1003 reflects borrower is a xxxxxx. Please provide corrected 1003. |  |  | Reviewer Comment (2022-09-23): Signed Final 1003 provided which states that borrower is non-permanent resident. Refer doc id # D0193. Hence, exception cleared.<br>Reviewer Comment (2022-09-20): Received Initial 1003 showing borrower is Non-permanent resident , Please provide Final 1003 showing borrower is Non-permanent resident and this corrected final 1003 is signed and dated. Exception Remains | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777084 | xxxxxx | 26814940 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Estimated Settlement Statement only in file. |  |  | Reviewer Comment (2022-09-21): Final SS provided | 09/21/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777084 | xxxxxx | 26853631 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file for Single Entity ownership of 60% vs. 20% allowed. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-09-19): Client elects to waive with verified compensation factors |  |  | 09/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26826389 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Borrower's own funds percent discrepancy. | Calculated borrower's own funds of is less than Guideline required borrower's own funds of 10.00%. | The guidelines require 10% of borrower own funds when gift funds are used to qualify the loan. The application reflects the borrower has personal assets; however, the file is missing the documentation to verify the borrower's own funds. |  |  | Reviewer Comment (2022-10-11): Additional supporting documentation provided<br>Reviewer Comment (2022-10-05): The LOE does not clear this condition. Per previous comments on both xxxxxx and xxxxxx the bank statements provided are in a business name with no evidence of ownership. The business listed is xxxxxx. The CPA letter provided does not address this business. Condition remains.<br>Reviewer Comment (2022-09-22): The CPA letter provided does not clear this condition. This pertains to borrower's own funds % when gift funds are utilized. Per the comments on 9/20, the bank statements provided are in a business name with no evidence of ownership. The business listed is xxxxxx. The CPA letter provided does not address this business.<br>Reviewer Comment (2022-09-20): This condition pertains to missing asset documentation to support 10% down of borrower's own funds. However, the additional bank statements provided in file are in a business name and evidence of ownership was not provided. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26826390 | xxxxxx | xxxxxx | 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 2.00. | The file only contains a gift letter, which cannot be used toward reserves. |  |  | Reviewer Comment (2022-10-11): Additional supporting documentation provided<br>Reviewer Comment (2022-10-05): The LOE does not clear this condition. Per previous comments on both xxxxxx and xxxxxx the bank statements provided are in a business name with no evidence of ownership. The business listed is xxxxxx. The CPA letter provided does not address this business. Condition remains. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26826416 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $65,185.24 is less than Cash From Borrower $79,206.86. | The file only contains a gift letter, which cannot be used toward reserves. |  |  | Reviewer Comment (2022-10-11): Additional supporting documentation provided<br>Reviewer Comment (2022-10-05): The LOE does not clear this condition. Per previous comments on both xxxxxx and xxxxxx the bank statements provided are in a business name with no evidence of ownership. The business listed is xxxxxx. The CPA letter provided does not address this business. Condition remains.<br>Reviewer Comment (2022-09-22): The CPA letter provided does not clear this condition. This pertains to borrower's own funds % when gift funds are utilized. Per the comments on 9/20, the bank statements provided are in a business name with no evidence of ownership. The business listed is xxxxxx. The CPA letter provided does not address this business.<br>Reviewer Comment (2022-09-20): The additional bank statements provided in file are in a business name and evidence of ownership was not provided. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26826427 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-20): Cleared report provided | 09/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26851826 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The gift letter does not specify the date the funds were transferred as required per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-05): The LOE provided from the lender is insufficient. The guidelines require this documentation for usage of gift funds.<br>Reviewer Comment (2022-09-20): This condition is directly from the guidelines and is required. |  |  | 10/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777627 | xxxxxx | 26852289 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided |  | The guidelines require verification of the donor availability of funds and transfer of gift funds; however, the file is missing this documentation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-11): Donor availability provided Pending receipt of transfer of gift funds.<br>Reviewer Comment (2022-10-05): The LOE provided from the lender is insufficient. The guidelines require this documentation for usage of gift funds.<br>Reviewer Comment (2022-09-20): This condition pertains to the donor availability and transfer of funds which is a guideline requirement. |  |  | 10/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777000 | xxxxxx | 26852516 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Estimate Settlement Statement only in file. |  |  | Reviewer Comment (2022-09-21): Final SS provided | 09/21/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 777850 | xxxxxx | 26832960 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.94953% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .94953%). | Unable to accurately test fees due to the undiscounted rate and undiscounted rate price were not provided. |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777850 | xxxxxx | 26832961 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Contact Information - Lender | TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on xxxxxx did not disclose the required Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). (Final xxxxxx) | The final CD provided xxxxxx , does not reflect the lender's NMLS ID. |  |  | Reviewer Comment (2022-09-22): SitusAMC received Letter of Explanation & Corrected Closing Disclosure. |  | 09/22/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776151 | xxxxxx | 26816573 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 74.94145% exceeds Guideline loan to value percentage of 70.00000%. | Calculated LTV of 74.94145%, exceeds guideline allowable maximum LTV of 70.000%. An investor exception is provided in the loan file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-19): Client elects to waive with verified compensation factors |  |  | 09/19/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776151 | xxxxxx | 26817241 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-09-22): Approval document (Doc ID # 0249) is provided in file. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776151 | xxxxxx | 26853873 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | 1) Provide the borrower's unexpired passport and EAD. 2) The borrower's VISA expires in 2019. Provide the unexpired VISA as VISA must be current per guidelines. |  |  | Reviewer Comment (2022-09-22): I- 797 provided for VISA. Per guidelines, passport is not required. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777606 | xxxxxx | 26835221 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx |  | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-21): All documents must match on all documents. The google search does not clear this condition. |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777606 | xxxxxx | 26835248 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | City Name is xxxxxx while Note city name is xxxxxx. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-27): Client can elect to waive with verified compensation factors<br>Reviewer Comment (2022-09-26): All documents must match. Investor can elect to waive.<br>Reviewer Comment (2022-09-22): Lender would like to waive<br>Reviewer Comment (2022-09-21): All documents must match on all documents. The google search does not clear this condition. |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777606 | xxxxxx | 26835271 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Provide a signed tax certificate. |  |  | Reviewer Comment (2022-09-22): Tax Cert provided | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823307 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-11): Gap report provided<br>Reviewer Comment (2022-09-23): Document provided is not a gap report. It is a supplement for the mortgage only. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823615 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.98417% exceeds Guideline total debt ratio of 50.00000%. | The guidelines allow for a maximum DTI of 50% for a xxxxxx loan. The Approval reflects the loan closed with a DTI of 50.44%; however, the verified DTI is 50.98%. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823744 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the DTI of 50.98% exceeds the DTI allowable maximum of 50%. |  |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors. Condition no longer applies. | 09/29/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823745 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR Requirements due to the DTI of 50.98% exceeds the DTI allowable maximum of 50%. |  |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors. Condition no longer applies. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823746 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.98417% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The guidelines allow for a maximum DTI of 50% for a xxxxxx loan. The Approval reflects the loan closed with a DTI of 50.44%; however, the verified DTI is 50.98%. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823747 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-09-19): The client elects to waive. |  |  | 09/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823748 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Principal and Interest | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on xxxxxx disclosed a Principal and Interest Payment that does not match the actual payment for the loan. (Final xxxxxx) | The final Closing Disclosure reflects the Monthly Principal & Interest as $1,614.72; however, the actual Monthly Principal & Interest is $1,487.50. |  |  | Reviewer Comment (2022-10-24): SitusAMC received Corrected CD and LOE to borrower<br>Reviewer Comment (2022-10-19): SitusAMC received copy of email from borrower that they received the xxxxxx CD. However, as previously stated: "The corrected CD and the LOE are not dated post closing, so we are unable to determine the date they were provided to the borrower. To cure, we need the PCCD dated post close, LOE for reopened rescission, reopened rescission notice, and proof of delivery." We did not receive the PCCD dated post close, the LOE, reopened rescission and proof of delivery.<br>Reviewer Comment (2022-10-14): SitusAMC received a PCCD dated xxxxxx and a LOE indicating the payment was corrected. The corrected CD and the LOE are not dated post closing, so we are unable to determine the date they were provided to the borrower. To cure, we need the PCCD dated post close, LOE for reopened rescission, reopened rescission notice, and proof of delivery.<br>Reviewer Comment (2022-10-13): SitusAMC received a disclosure tracking for a xxxxxx disclosure. Unable to determine timing of the Final CD to the PCCD. Disclosure tracking also states the disclosure type was "Initial". Must be provide proof of time signed of the Final CD and the time signed of the PCCD to confirm it was a PCCD. Otherwise, prepare a Corrected CD and LOE to borrower dated after the Final CD.<br>Reviewer Comment (2022-10-07): SitusAMC received xxxxxx CD with LOE. However, the Final CD that is signed is dated xxxxxx and is the final CD for testing. In order to use a Post Close Corrected CD, issue date must be dated after Final CD date. Provide a Corrected CD and LOE to borrower dated after closing date of xxxxxx. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823749 | xxxxxx | xxxxxx | 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 xxxxxx) | The file is missing a copy of the initial Closing Disclosure. |  |  | Reviewer Comment (2022-10-14): New exception set for timing.<br>Reviewer Comment (2022-10-11): The e-disclosure tracking provided does not disclose what document was provided on xxxxxx.<br>Reviewer Comment (2022-10-07): CD xxxxxx is located in file. Please provide the CD issued to borrower prior to consummation for review or documentation the final CD was provide to borrower 3 business days prior to review. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823750 | xxxxxx | xxxxxx | 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 Desk Review Fee. Fee Amount of $211.15 exceeds tolerance of $205.00. Insufficient or no cure was provided to the borrower. (7505) | The Appraisal Desk Review Fee increased from $205.00 on the initial Loan Estimate to $211.15 on the final Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-19): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-10-14): SitusAMC received a check for the appropriate amount and a detailed LOE that indicates the fees and the amounts due to the borrower. Proof of mailing of the check and LOE required to cure.<br>Reviewer Comment (2022-10-07): SitusAMC received LOX. Missing (Copy of Refund Check, proof of mailing, Corrected CD). |  | 10/19/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823751 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $95.75 exceeds tolerance of $75.00. Insufficient or no cure was provided to the borrower. (7520) | The Credit Report Fee increased from $75.00 on the initial Loan Estimate to $95.75 on the final Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-19): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-10-14): SitusAMC received a check for the appropriate amount and a detailed LOE that indicates the fees and the amounts due to the borrower. Proof of mailing of the check and LOE required to cure.<br>Reviewer Comment (2022-10-07): SitusAMC received LOX. Missing (Copy of Refund Check, proof of mailing, Corrected CD). |  | 10/19/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823752 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Monitoring Service. Fee Amount of $26.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75213) | The Credit Monitoring Fee increased from $0.00 on the initial Loan Estimate to $26.50 on the final Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-19): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-10-14): SitusAMC received a check for the appropriate amount and a detailed LOE that indicates the fees and the amounts due to the borrower. Proof of mailing of the check and LOE required to cure.<br>Reviewer Comment (2022-10-11): SitusAMC received LOE to borrower, Copy of Refund Check, Missing (proof of mailing).<br>Reviewer Comment (2022-10-07): SitusAMC received LOX. Missing (Copy of Refund Check, proof of mailing, Corrected CD). |  | 10/19/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823788 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Divorce Decree | The file is missing the divorce decree or other documentation to verify the child support will continue for at least 3 years. |  |  | Reviewer Comment (2022-09-23): Divorce decree provided with 3 years continuance | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823819 | xxxxxx | xxxxxx | Credit | Credit | Public Records | Credit | Public Records/Collections/Charge Off does not meet guidelines. | Credit Report: Original // Public Record Type: Bankruptcy / Balance: 0.00 | The borrower's bankruptcy was discharged in xxxxxx 20 which is less than 24 months from the note date of xxxxxx . Bankruptcy's with less than 24 months of seasoning is not eligible for a refinance transaction. A copy of the bankruptcy documents to verify the actual discharge date is required to confirm at least 24 months of seasoning. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-07): Client elects to waive with verified compensation factors |  |  | 10/07/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26823830 | xxxxxx | xxxxxx | Credit | Employment | Miscellaneous | Employment | The verification of employment was not obtained within 10 days of the note date. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | The file contains a Written Verification of Employment dated xxxxxx which is not within 10 calendar days of the note date. The file does not contain a Verbal Verification of Employment. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | 26934591 | xxxxxx | xxxxxx | 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 xxxxxx) | CD dated xxxxxx received in the file. Please provide evidence that the borrower received initial CD xxxxxx prior to consummation for review. |  |  | Reviewer Comment (2022-10-31): SitusAMC received proof of receipt.<br>Reviewer Comment (2022-10-14): Disclosure tracking provided does not indicate what documents were provided to the borrower on 9/3. | 10/31/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839833 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | Appraisal Provided xxxxxx but not 3 days prior to closing. |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839834 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.37100% or Final Disclosure APR of 7.36700% is in excess of allowable threshold of APOR 5.37% + 1.5%, or 6.87000%. Non-Compliant Higher Priced Mortgage Loan. | Final Disclosure APR of 7.36700% is in excess of allowable threshold of APOR 5.37% |  |  | Reviewer Comment (2022-09-22): Appraisal delivery provided | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839889 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-09-21): Client elects to waive<br>Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839890 | xxxxxx | xxxxxx | 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 xxxxxx | Valuation not provided 3 days prior to consummation. |  |  | Reviewer Comment (2022-09-22): Appraisal delivery provided | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839891 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. | Missing in file |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | 26839997 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | Calculated finance chargers reflects $708,502.36 and Closing disclosure finance charges reflects $708,307.36. A difference of $195 | ] |  | Reviewer Comment (2022-09-28): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission.<br>Reviewer Comment (2022-09-22): Please provide re-opened RTC and proof of delivery to complete cure. |  | 09/28/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773614 | xxxxxx | 26826211 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property is not permitted on Second Home, Investment, or Cash-Out Refinance per Guidelines |  | Rural properties not allowed per guidelines. Investor Exception in file, however currently comp factors are incorrect as borrower does not have sufficient reserves. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-16): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-09-16): Comp factors are still incorrect. There is no verified mtg history in the file. |  |  | 09/16/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773614 | xxxxxx | 26826219 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrowers' primary residence. Based on the 1003, appears to be from a private party, therefore 6 months cancelled checks will also be required. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-09-16): Client elects to waived with verified compensation factors |  |  | 09/16/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773614 | xxxxxx | 26826887 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Only 1 page of the purchase contract was provided. Provide the complete purchase contract with all addendums. |  |  | Reviewer Comment (2022-09-16): We have received complete purchase contract document. Hence Exception cleared. | 09/16/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773614 | xxxxxx | 26826890 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $19,952.80 is less than Cash From Borrower $97,983.26. |  |  |  | Reviewer Comment (2022-09-29): Additional bank statements provided<br>Reviewer Comment (2022-09-22): Account #0251 is just a print out with no account owner listed. Provide evidence this belongs to the borrower. Further, the xxxxxx statement for #4453 was already provided, however a later dated statement xxxxxx was provided and must be utilized.<br>Reviewer Comment (2022-09-15): We are not asking for the source of the large deposit into the xxxxxx 4453 account from June; we already have a printout in the file showing that deposit into the xxxxxx 4453 account on xxxxxx . The most recent balance on that account is from the printout dated xxxxxx which shows a balance of $952.80. This is due to a transfer to another xxxxxx account (appears to be 0251) of $286,000. We need the statement for that account in order to use those funds. The statement for the xxxxxx account 7656 and reflects a balance of $2,724.17, which would not be enough to clear the short cash to close condition. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 773614 | xxxxxx | 26826892 | xxxxxx | xxxxxx | 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 2.00. |  |  |  | Reviewer Comment (2022-09-29): Additional bank statements provided<br>Reviewer Comment (2022-09-22): Account #0251 is just a print out with no account owner listed. Provide evidence this belongs to the borrower. Further, the xxxxxx statement for #4453 was already provided, however a later dated statement xxxxxx was provided and must be utilized.<br>Reviewer Comment (2022-09-15): We are not asking for the source of the large deposit into the xxxxxx account from June; we already have a printout in the file showing that deposit into the xxxxxx account on xxxxxx . The most recent balance on that account is from the printout dated xxxxxx which shows a balance of $952.80. This is due to a transfer to another xxxxxx account (appears to be 0251) of $286,000. We need the statement for that account in order to use those funds. The statement for the xxxxxx account 7656 and reflects a balance of $2,724.17, which would not be enough to clear the short cash to close condition. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778158 | xxxxxx | 26831083 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided |  | Provide the all page of the fully executed Note. Only page 1 was provided. |  |  | Reviewer Comment (2022-09-21): Complete Note provided | 09/21/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778158 | xxxxxx | 26854311 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Assets Error: Usability was not provided |  | Assets must be verified in USD at current exchange rate http://www.xe.com. All accounts, with the exception of 1 are in CAD currency. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-18): Per the guidelines, the exchange rate must come from XE.com.<br>Reviewer Comment (2022-10-14): An updated 1003 does not clear this condition nor a rate of conversation provided. The XE.com must be provided for the figures on the statements. There is a xxxxxx statement, however the conversion was not provided for account #4409 with a CAD balance of $29,696.47 and account #0017 with a CAD balance of $436,841.19.<br>Reviewer Comment (2022-10-07): We see a xxxxxx statement, however the conversion was not provided for account #4409 with a CAD balance of $29,696.47. Also, I see another account #0017 which is also in CAD (didn't notice this previously….xxxxxx with a CAD balance of $436,841.19. Will need a conversion for that as well.<br>Reviewer Comment (2022-10-04): The conversions provided in file are not for these figures on the VOD. Please se comments from xxxxxx <br>Reviewer Comment (2022-09-30): The 1003 does not clear this condition. Please review the asset documentation provided to us. The currency conversions provided do not reflect the correct amounts from that document provided. Account xxxxxx reflects a balance of $30,338.68 CAD (currency conversion provided for an amount of $33,202 CAD) and account 66-705 reflects a balance of $25,675.47 CAD (currency conversion provided for an amount of $25,575 CAD). Account xxxxxx is already in USD per the asset documentation provided and account #6332 is a credit card.<br>Reviewer Comment (2022-09-27): The currency conversions provided do not reflect the correct amounts from the document provided. Account #14-409 reflects a balance of $30,338.68 and account 66-705 reflects a balance of $25,675.47. Both are in CAD. Account xxxxxx is already in USD per the account provided and account #6332 is a credit card.<br>Reviewer Comment (2022-09-21): The asset statements provided, with the exception of 1, are not in US currency. They are in Canadian currency (CAD). The guidelines require the conversion from CAD to USD via xe.com currency exchange rate. |  |  | 10/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778245 | xxxxxx | 26858271 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file for sponsor completed renovations on the property prior to deeding the property into his LLC. Exceptions must come from the Investor. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-27): Client elects to waive with verified compensation factors |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778247 | xxxxxx | 26858493 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Borrower acquired property 6 months ago but less than 12 months ago. If FICO is 700 and LTV 75% or below, the appraised value can be utilized however the loan amount cannot exceed the purchase price plus documented improvements. The purchase price on xxxxxxx was xxxxxx. Evidence of documented improvements was not provided. |  |  | Reviewer Comment (2022-09-22): Documented improvements provided. Loan amount does not exceed purchased price + documented improvements. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778234 | xxxxxx | 26858879 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Lender exception in file. Must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778233 | xxxxxx | 26861528 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file to deduct $5,000 off appraised value of xxxxxx for qualifying purposes. This is a conservative route to change back to SFR as divided walls were added to property for STR living. Must be approved by the investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-09-27): Client elects to waive with verified compensation factors |  |  | 09/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778242 | xxxxxx | 26862170 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file for 3 judgments on Guarantor's background report for a total of $12,116 to remain open. Must be approved by the investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-23): Client elects to waive with verified compensation factors |  |  | 09/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778239 | xxxxxx | 26862139 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There are judgments on the borrower's background report that were not addressed: $2,267 #2005 & $1,806,753 #2244. |  |  | Reviewer Comment (2022-09-22): Evidence of releases/satisfaction provided | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 778246 | xxxxxx | 26861290 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Borrower acquired property 6 months ago but less than 12 months ago. If FICO is 700 and LTV 75% or below, the appraised value can be utilized however the loan amount cannot exceed the purchase price plus documented improvements. The purchase price on xxxxxx was xxxxxx. Evidence of documented improvements was not provided. |  |  | Reviewer Comment (2022-09-22): Deed provided with actual purchase price along with documented improvements. Loan amount does not exceed purchase price + documented improvements. | 09/22/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778235 | xxxxxx | 26853582 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Funds from Business Account / Account Number: 2352 | Guidelines require 2 months statements |  |  | Reviewer Comment (2022-09-26): Account recently opened. Funds to open transferred from account #1483 in which 2 months were provided.<br>Reviewer Comment (2022-09-22): The xxxxxx statement provided for account #2352 was already in file at time of review. The xxxxxx statement provided only covers xxxxxx xxxxxx 22. xxxxxx to xxxxxx is < 2 months. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778235 | xxxxxx | 26859207 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Lender exception in file. Must come from the Investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-22): Client elects to waive with verified compensation factors |  |  | 09/22/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775452 | xxxxxx | 26844389 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.99179% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.99179%). |  |  |  | Reviewer Comment (2022-09-20): The client elects to waive with comp factors. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775452 | xxxxxx | 26844391 | xxxxxx | xxxxxx | 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 $172.00 exceeds tolerance of $86.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) | Zero Percent Fee Tolerance exceeded |  |  | Reviewer Comment (2022-09-16): Sufficient Cure Provided At Closing |  | 09/16/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776376 | xxxxxx | 26861237 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $400,000.00. | Investor exception in file, however comp factors are incorrect. Reserves are not > 10 months or more required. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required<br>DSCR > 1.15 | Reviewer Comment (2022-09-23): Client elects to waive with verified compensation factors |  |  | 09/23/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776557 | xxxxxx | 26846618 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing credit report gap. |  |  | Reviewer Comment (2022-10-05): Received refreshed report dated xxxxxx Exception cleared. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776557 | xxxxxx | 26846874 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrower at least three business days prior to consummation. |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776557 | xxxxxx | 26846876 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling list was not provided to the borrower. |  |  | Reviewer Comment (2022-09-20): The client elects to waive |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776557 | xxxxxx | 26846880 | xxxxxx | xxxxxx | 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 xxxxxx exceeds tolerance of xxxxxx. Insufficient or no cure was provided to the borrower. (7200) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-10-05): SitusAMC received COC dated xxxxxx | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776921 | xxxxxx | 26852321 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report Gap. |  |  | Reviewer Comment (2022-09-26): Received gap credit report dated xxxxxx and is within 10 days of note date. Exception cleared.<br>Reviewer Comment (2022-09-23): The provided credit report is not for our borrower. Please provide a relevant gap credit report or UDM report within 10 days of closing date or anytime after closing date. Exception remains. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776921 | xxxxxx | 26852412 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud reports that are yet to be addressed. |  |  | Reviewer Comment (2022-09-26): Received clearance report. Document attached. Exception cleared.<br>Reviewer Comment (2022-09-23): The provided clearance report is already present in the file. The red flags are still open and not cleared. Please provide a relevant fraud report addressing all red flags. Exception remains. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 775418 | xxxxxx | 26861696 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certificate is missing the condo unit number. |  |  | Reviewer Comment (2022-09-23): Flood cert provided. Refer doc id #D0287. Hence, exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775418 | xxxxxx | 26869107 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | The Fraud Report was not provided for xxxxxx. |  |  | Reviewer Comment (2022-09-23): Received fraud report for xxxxxx addressing all the red flags. Exception cleared. | 09/23/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775418 | xxxxxx | 26869137 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Escrow waiver not allowed per guidelines. |  | Per the Final CD, property taxes were not escrowed. The minimum credit score of 720 was not met for escrow waiver. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-07): Client elects to waive with verified compensation factors |  |  | 10/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777225 | xxxxxx | 26867118 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-10-06): Corrected appraisal received marked vacant<br>Reviewer Comment (2022-09-28): The appraisal reflects the property is Tenant Occupied. A lease agreement is required.<br>Reviewer Comment (2022-09-26): Per guidelines, the lower of needs to be utilized, therefore a lease agreement is required. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 777225 | xxxxxx | 26868061 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 |  | Estimate only in file |  |  | Reviewer Comment (2022-09-22): Exception cleared received final HUD | 09/22/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A |  | N/A | No | Property Focused |
| xxxxxx | 778142 | xxxxxx | 26852434 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Please provide evidence of verification of rent payed on 1003. |  |  | Reviewer Comment (2022-09-28): Property profile report for primary reflects private landlord. AUS approve eligible in file does not require VOR which under non-institutional / private landlords is allowed in lieu of VOR.<br>Reviewer Comment (2022-09-27): The AUS approval not requiring VOR is only listed under Non-Institutional requirements. We are unable to verify if renting from a private or non-institiuonal landlord. Provide a copy of the lease for verification of landlord.<br>Reviewer Comment (2022-09-26): The provided credit report is not required to clear this condition. Please provide the VOR to verify the monthly rent of $2,000. If the VOR is completed by a non-institutional lender, we need bank statements/cancelled checks to support the monthly payments. Exception remains. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778142 | xxxxxx | 26852756 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.98981% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.98981%). |  |  |  | Reviewer Comment (2022-09-20): The client elects to waive |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | 26852683 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-26): Received gap credit report dated xxxxxx Document attached. Exception cleared. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | 26852939 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.60638% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .60638%). |  |  |  | Reviewer Comment (2022-09-20): The client elects to waive. |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | 26852955 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-26): Received clearance report dated xxxxxx addressing all the red flags. Document attached. Exception cleared. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | 26852963 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Bank Statement program requires a P&L Statement AND Business Bank Statements in addition to Personal Bank Statements. Required income documents are missing. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Bank Statements / Start date: xxxxxx | The guidelines require 2 months of business bank statements when using a personal account to qualify the income. The loan only contains 1 full month of business bank statements. |  |  | Reviewer Comment (2022-11-08): CPA expense factor in file. Excluded business transfers. Per investor utilized as co-mingled.<br>Reviewer Comment (2022-09-26): The borrower has a business bank account in which transfers are being made to the personal account utilized for qualifying. The guidelines state 2 months business bank statements are required which reflect recent transfers to the personal account, which the business bank statements in file reflect. Investor to advise if they are accepting the personal account as a co-mingled account. | 11/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853458 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The guidelines state the gift of equity must meet xxxxxx guideline requirements. xxxxxx guidelines require a gift letter, which was not provided in the file. |  |  | Reviewer Comment (2022-09-28): Gift letter provided. Refer doc id # D0270. Hence, exception cleared. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853576 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Insufficient Verification of Rental History. |  | The guidelines require alternative documentation showing the most recent 6-month history (cancelled checks, rental statements including payment history, etc.) when the Verification of Rent (VOR) is completed by a private party. The VOR was completed by a private party (the Seller); however, the file does not contain the additional alternative documentation. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>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>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853849 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>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>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853850 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 3.25 is less than Guideline PITIA months reserves of 6.00. |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>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>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853886 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The file contains documentation that the borrower received the appraisal report on xxxxxx ; however, the appraisal report in the file is dated xxxxxx . There is no evidence in the file that the borrower received a copy of the final appraisal report. |  |  | Reviewer Comment (2022-09-20): The client elects to waive |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853887 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the secondary appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-20): The client elects to waive |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853889 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.87397% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .87397%). |  |  |  | Reviewer Comment (2022-09-20): The client elects to waive |  |  | 09/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853892 | xxxxxx | xxxxxx | 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 Collateral Desktop Analysis. Fee Amount of $92.70 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106) | The Collateral Desktop Fee increased from $0.00 on the initial Loan Estimate to $92.70 on the initial Closing Disclosure. The file contains a change circumstance (COC); however, the COC is dated 9 days prior to the initial Closing Disclosure being provided to the borrower, which is outside of the 3 day tolerance. |  |  | Reviewer Comment (2022-10-07): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-09-28): SitusAMC received Changed Circumstance dated xxxxxx and LE dated xxxxxx , but it does not give sufficient information on why the fee got added. In order to determine if the changed circumstance is valid more information is necessary on reason fee got added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 10/07/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | 26853893 | xxxxxx | xxxxxx | 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 Title - Lender's Title Insurance. Fee Amount of $1,586.80 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7729) | The Title - Lender's Title Insurance Fee increased from $0.00 on the initial Loan Estimate to xxxxxx on the initial Closing Disclosure. The file contains a change circumstance (COC); however, the COC is dated 9 days prior to the initial Closing Disclosure being provided to the borrower, which is outside of the 3 day tolerance. |  |  | Reviewer Comment (2022-09-28): SitusAMC received LE dated xxxxxx and LE dated xxxxxx . | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777696 | xxxxxx | 26854012 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA | ARM Disclosure Status Test | TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower. | ARM Disclosure document not provided to the borrower within a reasonable timing. |  |  | Reviewer Comment (2022-09-26): ARM disclosure provided | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | 26854277 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Missing purchase agreement. |  |  | Reviewer Comment (2022-09-28): xxxxxx per appraisal. Executed escrow instructions provided along with evidence the CA allows escrows instructions for xxxxxx.<br>Reviewer Comment (2022-09-27): xxxxxx still should have purchased contracts. Investor can elect to waive.<br>Reviewer Comment (2022-09-26): Escrow instructions were provided. A fully completed purchase contract is required. | 09/28/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | 26854464 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Address: xxxxxx Address: xxxxxx HOA Verification<br> Statement<br> Insurance Verification | Missing mortgage statement for property address xxxxxx. Missing Insurance verification for property addresses xxxxxx and xxxxxx. |  |  | Reviewer Comment (2022-09-26): Documents requested provided | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | 26856288 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing Tax certificate. |  |  | Reviewer Comment (2022-09-26): Tax Cert provided | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777723 | xxxxxx | 26861820 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Loan has a Prepayment Penalty and the Prepayment Penalty Rider is missing |  | There are 2 PPP riders to the Note executed by the borrower, with different terms. One reflects a term of 5% and the other 6 months interest over 20% OPB. Please provide the correct PPP rider. LOE to borrower and evidence of delivery to the borrower. |  |  | Reviewer Comment (2022-10-11): LOE and evidence of delivery provided<br>Reviewer Comment (2022-10-06): The document provided was already in file at time of review. The borrower signed two different PPP's for the same loan with different terms. An LOE to borrower explaining which PPP is correct and evidence of delivery is required.<br>Reviewer Comment (2022-09-28): Cure documents are required as this is not documented in the file. Provide the correct PPP, LOE to borrower, and evidence of delivery to the borrower. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26861996 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-09-28): COGS proivded | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26870799 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  |  |  |  | Reviewer Comment (2022-09-29): Exception cleared HOA Questionnaire provided | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26870809 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-30): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-29): Lender would like to waive<br>Reviewer Comment (2022-09-28): The borrower did not sign as an individual but as a member of the LLC in which the transaction closed. Guarantor Agreement required. |  |  | 09/30/2022 | 2 D B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26870813 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All members of an LLC are required to qualify for the loan and individually sign the note. Borrower is 50% owner. |  |  | Reviewer Comment (2022-09-28): 8.2022 EIN provided reflecting Sole Owner | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26870828 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  | Reviewer Comment (2022-09-28): EIN provided dated 8.2022 reflecting sole owner | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26892399 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Bylaws in file are for xxxxxx. Borrowing Entity is xxxxxx |  |  | Reviewer Comment (2022-10-04): EIN provided reflecting sole owner and evidence provided NJ does not require an Ops Agreement<br>Reviewer Comment (2022-10-04): Per the guidelines, an Operating Agreement is provided or provide evidence the NJ does not require an Ops Agreement for Sole Owners. Condition is valid.<br>Reviewer Comment (2022-09-28): The Operating Agreement was not provided and required per guidelines | 10/04/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777723 | xxxxxx | 26892405 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  | Articles of Org in file are for xxxxxx Borrowing Entity is xxxxxx |  |  | Reviewer Comment (2022-09-28): Articles provided | 09/28/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776471 | xxxxxx | 26872449 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  |  | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-30): Client elects to waive with verified compensation factors |  |  | 09/30/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776471 | xxxxxx | 26872466 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-09-26): Exception is cleared Lease Agreement received | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776471 | xxxxxx | 26872491 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-26): Received clearance report addressing all the red flags. Exception cleared. | 09/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776471 | xxxxxx | 26872493 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx | Provide the new scored credit report dated prior to closing | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-26): Client elects to waive with verified compensation factors |  |  | 09/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778162 | xxxxxx | 26862527 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  |  |  |  | Reviewer Comment (2022-10-04): Tax rate provided<br>Reviewer Comment (2022-10-03): Please provide the documentation from the county that reflects the tax rate of 3.1448% for the county. A purchase contract is not a viable source for this.<br>Reviewer Comment (2022-09-26): The lender only collected $83.53/month in taxes, however the tax cert provided reflects $6,359.96/month in taxes. It appears this may be in conjunction with another lot aside from the subject property as it states the tax cert is reporting for parent accounts and a split out is required. if the actual taxes are $6,359.96/month, the DSCR will be < 1.00 and LTV exceptions will apply. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777842 | xxxxxx | 26858269 | xxxxxx | xxxxxx | 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. |  |  |  | Reviewer Comment (2022-09-21): The client elects to waive. |  |  | 09/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | 26850524 | xxxxxx | xxxxxx | 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. |  | Preliminary Report does not show coverage amount. |  |  | Reviewer Comment (2022-09-27): Supplemental report provided | 09/27/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | 26859199 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The asset documentation provided for the gift funds of $10,000.00 was dated and or provided xxxxxx after the Note date xxxxxx . |  |  | Reviewer Comment (2022-10-14): Loan is Non QM.<br>Reviewer Comment (2022-10-05): The same gift letter was provided, but with the date changed to xxxxxx . Client to advise if they are accepting the document as is. | 10/14/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | 26859200 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The asset documentation provided for the gift funds of $10,000.00 was dated and or provided xxxxxx after the Note date xxxxxx . |  |  | Reviewer Comment (2022-10-14): Client elects to waive<br>Reviewer Comment (2022-10-05): The same gift letter was provided, but with the date changed to xxxxxx . Client to advise if they are accepting the document as is. |  |  | 10/14/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | 26859203 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 1,888.44 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Non-Escrow property cost over year one of $1888.44 does not match the HOA dues of $157.00 a month as reflected on the Appraisal. |  |  | Reviewer Comment (2022-09-28): SitusAMC Received updated Appraisal report showing actual HOA amount.<br>Reviewer Comment (2022-09-26): The appraisal indicates HOA dues of $157/ mo or $1884 Yearly. The acceptable amounts are 10,11, or 12 months. PCCD dated xxxxxx indicates Non escrowed property cost as $1888.44. File does not contains supporting document to verify Non escrowed cost of $1888.44. Please provide verification if using an updated amount or Letter of Explanation and Corrected CD required to cure. | 09/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | 26859245 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $85,000.00 is less than Cash From Borrower $85,335.58. | Available for closing is insufficient to cover the total cash from borrower. |  |  | Reviewer Comment (2022-09-27): Paid invoices provided for POCB fees<br>Reviewer Comment (2022-09-26): The PC-CD in file was already provided at time of review. The Final SS provided matches the figures on the PC-CD. Cash to close is calculated as funds to close + EMD + POCB fees. We do not have paid invoices in file for the POCB fees to be included in closing costs.<br>Reviewer Comment (2022-09-26): Exception Explanation Updated from: Documented qualifying Assets for Closing of $85,000.00 is less than Cash From Borrower $85,794.34. | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777779 | xxxxxx | 26860049 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | The lender on Appraisal differs from note, however an appraisal transfer letter is required and not provided in the loan file. |  |  | Reviewer Comment (2022-09-21): The client elects to waive. |  |  | 09/21/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777779 | xxxxxx | 26860105 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 6.17456% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx<br> (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (an overage of xxxxxx or 1.17456%). |  |  |  | Reviewer Comment (2022-09-21): The client elects to waive. |  |  | 09/21/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 777304 | xxxxxx | 26860218 | xxxxxx | xxxxxx | 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. | Safe Harbor requirements not satisfied. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777304 | xxxxxx | 26860219 | xxxxxx | xxxxxx | 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 xxxxxx) | Disclosure not provided 3 business days prior to closing. |  |  | Reviewer Comment (2022-09-27): Received documentation the initial CD was received on xxxxxx . | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26858712 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Not provided 3 business days prior to closing. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26858713 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. | Disclosure missing in file or not provided. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26858714 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. | Disclosure missing in file or not provided. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26858715 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 7.01450% or Final Disclosure APR of 7.02100% is in excess of allowable threshold of Prime Mortgage Market Rate 5.22000 + 1.75%, or 6.97000%. Non-Compliant SubPrime Loan. | Disclosure missing in file or not provided. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26858716 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) | New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. | Disclosure missing in file or not provided. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | 26859241 | xxxxxx | xxxxxx | 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 Collateral Desktop Analysis. Fee Amount of $205.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106) | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided |  |  | Reviewer Comment (2022-10-03): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD<br>Reviewer Comment (2022-10-03): .<br>Reviewer Comment (2022-10-03): SitusAMC received corrected Letter of Explanation.<br>Reviewer Comment (2022-09-30): SitusAMC received PCCD, copy of check & proof of mailing. However, provided LOE shows refund cure in the amount $30 instead of $205. Corrected Letter of Explanation is required to remediate. |  | 10/03/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864059 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-09-27): Gap report provided | 09/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864338 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Evidence of earlier borrower receipt was not found in file. |  |  | Reviewer Comment (2022-09-22): The client elects to waive |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864339 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.77310% or Final Disclosure APR of 7.81600% is in excess of allowable threshold of APOR 5.20% + 1.5%, or 6.70000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-28): Appraisal delivery provided<br>Reviewer Comment (2022-09-27): The checklist/HPML list does not clear this condition. Please provide evidence the appraisal was delivered to the borrower within 3 business days prior to consummation. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864340 | xxxxxx | xxxxxx | 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 xxxxxx | Evidence of earlier borrower receipt was not found in file. |  |  | Reviewer Comment (2022-09-28): Appraisal delivery provided<br>Reviewer Comment (2022-09-27): The checklist/HPML list does not clear this condition. Please provide evidence the appraisal was delivered to the borrower within 3 business days prior to consummation. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864341 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | 26864342 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.72554% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .72554%). | QM Points and Fees threshold exceeded by $1,678.58 or 72554%. Loan was consummated after xxxxxx For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 774084 | xxxxxx | 26878992 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Final Title Policy does not have the PUD endorsement checked. |  |  | Reviewer Comment (2022-09-29): Email from agent at title company states automatically incorporated. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777460 | xxxxxx | 26866086 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777460 | xxxxxx | 26866087 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 9,607.32 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Non-Escrowed property cost over year one in the amount of $9607.32 does not match the taxes and insurance indicated on the section G of the CD. |  |  | Reviewer Comment (2022-09-22): The client elects to waive. |  |  | 09/22/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777460 | xxxxxx | 26866224 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that are yet to be addressed. |  |  | Reviewer Comment (2022-10-04): Received lender correspondence explaining all the red flags. Document attached. Exception cleared. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776891 | xxxxxx | 26879255 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | There is a FACTA disclosure in file with 3 credit scores for the borrower. It appears a credit report was pulled on xxxxxx for the borrower, however was not provided. The loan was approved as a Foreign National, however if the borrower has a SSN with US credit, it must be provided. |  |  | Reviewer Comment (2022-10-06): Per seller attestation via Clarity comments, FACTA is from an ITIN number. Guidelines state alternative credit can be utilized if borrower is FN in lieu of.<br>Reviewer Comment (2022-09-30): If there is FACTA in file with US credit scores, a US credit report was pulled with a valid SSN. This report is required to be provided. | 10/06/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 777444 | xxxxxx | 26867065 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that are yet to be addressed. |  |  | Reviewer Comment (2022-09-28): Received clearance report dated xxxxxx clearing all the red flags. Exception cleared. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777567 | xxxxxx | 26867999 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception on file for modification seasoning < 24 months. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-09-23): Client elects to waive with verified compensation factors |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777567 | xxxxxx | 26880515 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the subject property. |  |  | Reviewer Comment (2022-09-28): Received VOM completed by lender. Document attached. Exception cleared. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778022 | xxxxxx | 26870663 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.68313% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .68313%). |  |  |  | Reviewer Comment (2022-09-23): The client elects to waive with comp factors. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778022 | xxxxxx | 26870667 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | File was missing a copy of the seller closing statement. |  |  | Reviewer Comment (2022-09-29): SitusAMC received Settlement Statement reflecting seller costs | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871324 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Lender on Appraisal differs from note, however an appraisal transfer letter was not provided in the loan file. |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871554 | xxxxxx | xxxxxx | 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. | This is due to the lender on appraisal differs from note, however an appraisal transfer letter was not provided in file. |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871555 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The gift funds of $11,000.00 was provided (0902/2022) after the note date xxxxxx . |  |  | Reviewer Comment (2022-10-04): Loan is Non-QM.<br>Reviewer Comment (2022-09-30): The documents provided were already in file at time of review. The gift letter for the $11,00 is dated post closing. The disbursement/funding date has no bearing on this. The gift letter or receipt must be dated prior to closing. | 10/04/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871556 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The gift funds of $11,000.00 was provided (0902/2022) after the note date xxxxxx . |  |  | Reviewer Comment (2022-10-04): Client elects to waive<br>Reviewer Comment (2022-10-04): Regraded based on comp factors and no expectation of repayment on gift.<br>Reviewer Comment (2022-09-30): The documents provided were already in file at time of review. The gift letter for the $11,00 is dated post closing. The disbursement/funding date has no bearing on this. The gift letter or receipt must be dated prior to closing. |  |  | 10/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871558 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization was not provided to the borrower. |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871560 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $415.00 exceeds tolerance of $375.00 plus 10% or $412.50. Insufficient or no cure was provided to the borrower. xxxxxx | Ten percent tolerance exceeded. |  |  | Reviewer Comment (2022-10-07): SitusAMC Received PCCD, LOE, Copy of check and delivery report for the cure provided.<br>Reviewer Comment (2022-09-30): 10% tolerance baseline is $375. Title Messenger Fee $50 is included in the 10% calculation since the latest CD dated xxxxxx (D0003) reflects the same under section B. There are two CD's dated xxxxxx One is signed by borrower on xxxxxx latest is signed by borrower on xxxxxx 0003) & hence considered as final CD. A creditor should compare the sum of the charges actually paid by or imposed on the consumer with the sum of the estimated charges on the Loan Estimate that are actually performed. Provide a Corrected CD disclosing the additional tolerance cure of $2.50, a copy of the refund check, Proof of mailing, and a copy of the letter of explanation sent to the borrower disclosing the changes made. |  | 10/07/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871561 | xxxxxx | xxxxxx | 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 $900.00 exceeds tolerance of $750.00. Insufficient or no cure was provided to the borrower. (7506) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-09-30): Sufficient cure provided at closing. | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | 26871787 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Borrower's verification of rent/mortgage for his current or prior residence. Only seven months housing history was provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-30): Client elects to waive with verified compensation factors |  |  | 09/30/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776468 | xxxxxx | 26871187 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx Points and Fees | xxxxxx Points and Fees on subject loan of 5.43375% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and xxxxxx (2022). xxxxxx Finance Charge total xxxxxx on a Original Loan Amount of xxxxxx vs. an allowable total of xxxxxx and xxxxxx (2022) (an overage of xxxxxx or .43375%). |  |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | Yes | Mortgagor Focused |
| xxxxxx | 776468 | xxxxxx | 26871215 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 0.85 is less than Guideline PITIA months reserves of 3.00. | The borrower has an additional $9,576.74 in a checking account; however, the file does not contain the required 30 day transaction history for account #4337. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-09-29): Client elects to waive with verified compensation factors |  |  | 09/29/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777073 | xxxxxx | 26880578 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-09-29): Exception cleared received HOI document | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 777073 | xxxxxx | 26880582 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided |  | Provided the deed transferring the property to the Borrowing Entity. |  |  | Reviewer Comment (2022-09-28): Exception is cleared received Deed document | 09/28/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 777073 | xxxxxx | 26880641 | xxxxxx | xxxxxx | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-09-28): Exception cleared Spousal Consent document received | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778258 | xxxxxx | 26872407 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrowers three days prior to closing. |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26871856 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  |  |  | Reviewer Comment (2022-09-28): Received Purchase Contract | 09/28/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872259 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-09-27): Client elects to waive |  |  | 09/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872260 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.48610% or Final Disclosure APR of 8.53000% is in excess of allowable threshold of APOR 5.73% + 1.5%, or 7.23000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-09-28): After further review, log is acceptable.<br>Reviewer Comment (2022-09-27): Log is lender generated and next to borrower copy sent email there is no attachment noted for the appraisal. Provide the actual email to borrower with appraisal attachment. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872261 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-09-28): After further review, log is acceptable.<br>Reviewer Comment (2022-09-27): Log is lender generated and next to borrower copy sent email there is no attachment noted for the appraisal. Provide the actual email to borrower with appraisal attachment. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872262 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.26540% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .26540%). |  |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872263 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872264 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 8.48610% or Final Disclosure APR of 8.53000% is in excess of allowable threshold of Prime Mortgage Market Rate 5.51000 + 1.75%, or 7.26000%. Non-Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. D B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872266 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. |  |  | Reviewer Comment (2022-09-28): After further review, log is acceptable.<br>Reviewer Comment (2022-09-28): SitusAMC received xxxxxx CD without receipt. Please provide documentation of receipt if available. The mailbox rule is applied therefore receipt date is xxxxxx . Consummation date is xxxxxx . xxxxxx is day 1. Please provide documentation if the CD was received xxxxxx (day 3) or earlier for review. | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872267 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $470.00 exceeds tolerance of $308.00 plus 10% or $338.80. Insufficient or no cure was provided to the borrower. xxxxxx | Ten Percent Fee Tolerance exceeded. Total amount of $470.00 exceeds tolerance of $308.00 plus 10% or $338.80. Insufficient or no cure was provided to the borrower. |  |  | Reviewer Comment (2022-10-05): SitusAMC received corrected PCCD, LOE, copy of refund check and proof of mailing.<br>Reviewer Comment (2022-09-29): SitusAMC Received Cure documents that included PCCD, LOE, Copy of check and Proof of mailing, however the PCCD has a watermark stating "Review" which is not acceptable. Please provide an updated PCCD which should not show any watermark to be considered as a valid PCCD.<br>Reviewer Comment (2022-09-28): Cure of $94.50 was reflected on the CD issued xxxxxx which is insufficient to cure the required amount of $131.20 (Recording fee changed from $308 to $470). Provide a Corrected CD, a copy of the refund check for remaining cure of $36.70, Proof of mailing, and a letter of explanation sent to the borrower disclosing the changes made. |  | 10/05/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872268 | xxxxxx | xxxxxx | 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 $1,536.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200) | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,536.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. |  |  | Reviewer Comment (2022-09-28): SitusAMC Received CD dated xxxxxx  | 09/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26872351 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-09-28): xxxxxx CU report of 1.9 provided | 09/28/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | 26901480 | xxxxxx | xxxxxx | 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 xxxxxx) | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial xxxxxx |  |  | Reviewer Comment (2022-09-29): SitusAMC received xxxxxx CD received 3 business days prior to consummation. | 09/29/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 775432 | xxxxxx | 26880621 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided |  | Section 2 is not completed. |  |  | Reviewer Comment (2022-09-29): Updated NOO provided | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775432 | xxxxxx | 26880626 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Cash-out seasoning of six (6) months or less is allowed with the following restriction:<br> ▪ The Seller has documented that the borrower acquired the property through an inheritance, or was legally awarded the property through divorce, separation, or dissolution of a domestic partnership. |  |  | Reviewer Comment (2022-09-30): Deed provided showing borrower has been on title since 1987. Interspousal transfer deed occurred on 3/2022. | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777667 | xxxxxx | 26869014 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-09-30): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-28): Lender would like to waive<br>Reviewer Comment (2022-09-27): The loan closed in an Entity guaranteed by an individual. A guaranty agreement is required. |  |  | 09/30/2022 | 2 D B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777667 | xxxxxx | 26880836 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | Borrower does not meet the experience definition. Borrower has not owned his primary for 12 months. Property profile report reflects acquired property xxxxxx and there is no evidence when the other REO properties were acquired. |  |  | Reviewer Comment (2022-10-04): Deed of trust provided for previous primary along with closed mortgage on credit report. Borrower has owned a primary within the past 36 months for 12 months.<br>Reviewer Comment (2022-10-04): The credit report does not verify what property this was on xxxxxx $80,210 from 6/2010-10/2020). Nor does the Fraud Report verify what property this is on. Per guidelines, if the borrower cannot meet the experienced investor requirement but can document ownership of a primary residence for a minimum of 12 months within the last 3 years, FTI will applies. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777674 | xxxxxx | 26874285 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing Tax Certificate. |  |  | Reviewer Comment (2022-09-29): Tax cert provided | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777674 | xxxxxx | 26874356 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization was not provided to the borrower. The document provided in file does not reflect a provided date. |  |  | Reviewer Comment (2022-09-23): The client elects to waive. |  |  | 09/23/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777674 | xxxxxx | 26874410 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.12 is less than Guideline PITIA months reserves of 4.00. | Borrower's calculated PITIA months reserves of 2.12 is less than guideline required months of 4.00. |  |  | Reviewer Comment (2022-09-29): Final SS provided to match PC-CD for fees/funds provided. Borrower now has sufficient reserves. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | 26874797 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing credit report gap. |  |  | Reviewer Comment (2022-09-30): UDM provided | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | 26874899 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  | Missing Rent Comparison for the subject address. |  |  | Reviewer Comment (2022-10-27): Received in trailing documents. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | 26874916 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | 26874450 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The file contains documentation that the borrower received the appraisal report on xxxxxx ; however, the appraisal report in the file is dated xxxxxx . There is no evidence in the file that the borrower received a copy of the final appraisal report. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | 26874472 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-06): Received clearance report clearing all red flags. Exception cleared. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | 26874479 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Other | The property report for the primary residence reflects there is a mortgage lien against the property. The mortgage is not on the borrower's credit report and it is noted that the mortgage is solely in a third party's name. The file does not contain documentation to verify the mortgage is not the responsibility of the borrower. |  |  | Reviewer Comment (2022-10-03): Title report in file reflects no open mortgages found, Mers report provided reflects lien in a third party name and inactive as well. | 10/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878852 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The file contains documentation that the borrower received the appraisal report on xxxxxx 2; however, the appraisal report in the file is dated xxxxxx . There is no evidence in the file that the borrower received a copy of the final appraisal report. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878853 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the secondary appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878855 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878856 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) | New York Subprime Loan: Counseling Disclosure not provided to borrower. |  |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | No obvious cure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878857 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) | New York Subprime Loan: Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. |  |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Provide the following: Letter of Explanation, corrected Mortgage (with required Legend), and proof of mailing. Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery. Best Practice would be to have signed and re-recorded Mortgage.). A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878858 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Non-Compliant | New York Subprime Loan: APR on subject loan of 6.93170% or Final Disclosure APR of 6.95500% is in excess of allowable threshold of Prime Mortgage Market Rate 5.13000 + 1.75%, or 6.88000%. Non-Compliant SubPrime Loan. | Please note, the Lender does not reflect the loan as a NY Subprime loan as the Lender used a higher threshold. |  |  | Reviewer Comment (2022-09-26): The client elects to waive. |  |  | 09/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878859 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | The Final Closing Disclosure reflects the Finance Charge as $481,800.96; however, the calculated Finance Charge is $481,970.96. The difference appears to be due to the Lender not including the Title - Copy Fee of $95.00 and Title - Patriot Search Fee of $75.00 in the Finance Charge. |  |  | Reviewer Comment (2022-10-28): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD,<br>Reviewer Comment (2022-10-24): SitusAMC received rebuttal that no refund due. The finance charge was underdisclosed by $170. The following fees were included as prepaid finance charges: Application fee $495, Lender Attorney fee $1195, Commitment fee $995, Discount Points $8100, Prepaid Interest $980.10, Title-Copies $95, Title-overnight fee $40, Title-Patriot search $75, title-Recording Services $50, Title-service fee $50 and Title-sales tax $53.04. The title-patriot search is viewed as a finance charge and the amount was $75 of the total $170 underdisclosure. Copy of Corrected CD, LOE to borrower, copy of cure refund for $170 and proof mailing required.<br>Reviewer Comment (2022-10-20): xxxxxx PCCD received, please provide proof of mailing, copy of refund check in the amount of $170 and LOE to complete remediation.<br>Reviewer Comment (2022-10-17): SitusAMC received rebuttal that title company charges fee. However, we reflect that a patriot search is a finance charge and prior response stands.<br>Reviewer Comment (2022-10-05): A Patriot Act Search fee would be a component that would not fall under the exemption under 1026.4(c)(7). The Patriot Act applies to all financial institutions and non-bank loan companies and requires entities to identify and verify and record borrowers identity and requires private financial information be released to the government. It is not generally a component of a title insurance. Patriot search charges do not fall under a specific exemption for finance charges under 1026.4 and is therefore included as a finance charge.<br>Reviewer Comment (2022-10-03): The finance charge is under-disclosed in the amount of $170. The finance charge at close was $481,800.96. The calculated finance charge is $418,970.96, for a difference of $170. Discount points $8100, Application Fees $495, Commitment Fee $995, Lender's Attorney Fee $1195, Prepaid Interest $980.10, Title - Copies $95, Title - Courier $40, Title - Patriot Search - $75, Title - Recording Service Fee $50, Title - Sales Tax $53.04 and Title - Service Fee - $50.<br>Reviewer Comment (2022-09-30): PCCD received, please provide proof of mailing, copy of refund check and LOE. |  | 10/28/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | 26878860 | xxxxxx | xxxxxx | 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 xxxxxx) | The file is missing a copy of the initial Closing Disclosure. |  |  | Reviewer Comment (2022-09-29): SitusAMC received xxxxxx CD 3 business days prior to consummation. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777677 | xxxxxx | 26879593 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.90921% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .90921%). |  |  |  | Reviewer Comment (2022-09-27): The client elects to waive. |  |  | 09/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777677 | xxxxxx | 26879708 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.34 is less than Guideline PITIA months reserves of 4.00. | It appears lender double counted EMD of $10k and gift funds of $10k. |  |  | Reviewer Comment (2022-10-04): Addendum to PC-CD found in file. Matches Final SS provided. Borrower now has sufficient reserves.<br>Reviewer Comment (2022-09-30): Invoice provided. Signed/Stamped Settlement Statement was not found. Please try uploading again. Further, the PC-CD in file does not match the Settlement Statement previously provided as it does not reflect the total of the additional deposits or closing funds. The corrected PC-CD will also be required.<br>Reviewer Comment (2022-09-30): Exception Explanation Updated from: Calculated PITIA months reserves of 2.15 is less than Guideline PITIA months reserves of 4.00.<br>Reviewer Comment (2022-09-29): Please provide the PC-CD that matches the Final Settlement Statement. The PC-CD dated xxxxxx does not match this settlement statement. Currently, the final settlement statement reflects funds to close total of $107,054.13. Further, the Final Settlement Statement is not stamped/certified by the title agent. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778026 | xxxxxx | 26880708 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-09-29): Lease Agreement provided | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778026 | xxxxxx | 26887657 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOR for the borrower's primary residence. If from a private party/non-institutional landlord, cancelled checks will also be required. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-07): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-03): The guidelines require the most recent 12 months. Need payments for 6/2022 through 8/2022. Previous history would not cure this as it is a guideline requirement. If servicers were changed, the payments would still need to be made on time unless it was refinanced. |  |  | 11/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778026 | xxxxxx | 26887686 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met |  | Per guidelines, properties owned > 6 months but < 12 months, the purchase price + documented improvements must be utilized to qualify. Purchase price on xxxxxx was xxxxxx and documented improvements were xxxxxx. Total xxxxxx. Lender utilized appraised value. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-07): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-29): Credit memo does not clear this condition. Per the Final HUD/CD, borrower is receiving more than 2% of the loan amount or $5,000 (whichever is lower) back at closing. This is a C/O refinance. |  |  | 11/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778026 | xxxxxx | 26887710 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of xxxxxx is less than Guideline minimum loan amount of $150,000.00. | DSCR < 1.50, requires a xxxxxx loan amount | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-07): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-28): Received same lease agreement, reflecting monthly rents of $1,750 per month, along with a screenshot of a deposit receipt dated xxxxxx showing a deposit to an account in the amount of $3,500. The document provided does not contain any identifying information that it is a deposit of the rent amount or is to our borrower's account, and is dated after the Note date of xxxxxx . Also, as noted previously, utilizing these rents, the DSCR is 1.41, which is still below the requirement.<br>Reviewer Comment (2022-09-29): The lease agreement was provided which reflects rents of $1,750, however without 2 months rent receipts, this amount cannot be utilized. It should be further noted, even utilizing the lease amount, the DSCR will only be 1.41 which is still below the requirement. |  |  | 11/07/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881126 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  | Closing Protection Letter missing from file |  |  | Reviewer Comment (2022-09-30): CPL provided | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881128 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Tax Certificate missing from file |  |  | Reviewer Comment (2022-09-30): Taxes on title | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881142 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Credit Report missing from file |  |  | Reviewer Comment (2022-09-29): Received credit report dated xxxxxx Exception cleared. | 09/29/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881143 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  | Fraud Report missing from file |  |  | Reviewer Comment (2022-10-03): Received Background report. Exception cleared.<br>Reviewer Comment (2022-09-30): OFAC alone is not acceptable. A full Fraud Report is required. | 10/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881156 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  | Required per guidelines; not provided in file |  |  | Reviewer Comment (2022-09-29): OFAC is cleared as per the provided credit report. Exception cleared. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26881171 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  | Evidence of title missing from file |  |  | Reviewer Comment (2022-09-29): Received Title Commitment | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26891763 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of is less than Guideline representative FICO score of 700. | Credit report is missing |  |  | Reviewer Comment (2022-09-29): Received credit report dated xxxxxx with all FICO scores and the median score is 731 which is fulfilling the minimum FICO score limit as per guidelines. Exception cleared. | 09/29/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26906945 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The title reflects taxes open and due by xxxxxx for $1,959.42 and water and sewer rents plus penalty in the amount of $3,587.17 that was not paid through closing. Provide a clear title policy or tax cert reflecting all taxes paid. |  |  | Reviewer Comment (2022-10-17): FTP provided - cleared<br>Reviewer Comment (2022-10-07): Evidence provided of 3rd quarter taxes paid. Pending receipt that the xxxxxx document is for the xxxxxx of xxxxxx Rents listed on title The previous comments did not indicate we were questioning if it was for the property but if it was for the the xxxxxx and xxxxxx Rents amount of $3,587.17 plus open penalties. Provide a clear title policy.<br>Reviewer Comment (2022-10-05): The document provided does not address 3rd quarter taxes open and due by xxxxxx as well as the document provided does not reflect it is for the xxxxxx rents. Provide a clear or Final title policy reflecting all taxes paid or title supplement reflecting items 22, 23, and 25 will be removed from the Final Title Policy. | 10/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778344 | xxxxxx | 26911960 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment | Missing Final Title. |  |  | Reviewer Comment (2022-10-17): FTP provided | 10/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A |  | N/A | No | Property Focused |
| xxxxxx | 778054 | xxxxxx | 26880986 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-02): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-09-30): Lender would like to waive |  |  | 10/02/2022 | 2 D B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778054 | xxxxxx | 26892286 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  | Reviewer Comment (2022-09-30): EIN provided dated 8.2022 reflects sole member for Guarantor | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778054 | xxxxxx | 26892374 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | All members of an LLC are required to qualify for the loan and individually sign the note. Borrower is 50% owner. |  |  | Reviewer Comment (2022-09-30): As per EIN borrower is sole member. | 09/30/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778054 | xxxxxx | 26892412 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Bylaws in file are for xxxxxx. Borrowing Entity is xxxxxx |  |  | Reviewer Comment (2022-10-05): EIN reflects Sole Owner and evidence provided NJ does not require an Ops Agreement for Single Member Entities.<br>Reviewer Comment (2022-10-04): Per the guidelines, an Operating Agreement is required. Otherwise provide evidence NJ does not require an Operating Agreement. Condition is valid. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776615 | xxxxxx | 26880479 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing | Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of xxxxxx used as disbursement date for compliance testing. | This is due to missing final settlement statement and or HUD/CD in the loan file. |  |  | Reviewer Comment (2022-09-30): Final Settlement Statement provided | 09/30/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776615 | xxxxxx | 26880480 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | Missing Closing Disclosure: No Document Used For Fee Testing | Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable. | This is due to missing final settlement statement and or HUD/CD in the loan file. |  |  | Reviewer Comment (2022-09-30): Final Settlement Statement provided | 09/30/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 778079 | xxxxxx | 26880904 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.17002% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .17002%). |  |  |  | Reviewer Comment (2022-09-27): The client elects to waive. |  |  | 09/27/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26883207 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx CPA Letter, Third Party Verification | Missing CPA letter. |  |  | Reviewer Comment (2022-10-04): Third party docs provided supporting 2 years SE and ownership %.<br>Reviewer Comment (2022-10-04): The document specified in the seller's comments on xxxxxx was not provided in the file. Provide the documents for review. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884457 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.11022% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .11022%). |  |  |  | Reviewer Comment (2022-09-28): The client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884612 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 54.73080% exceeds Guideline total debt ratio of 45.00000%. | Calculated DTI of 54.73080% exceeds guideline allowable maximum of 45.000%. This is due to the borrower's income per source documentation and credit liabilities. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-05): Client elects to waive with verified compensation factors |  |  | 10/05/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884616 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Missing third party verification of SE. |  |  | Reviewer Comment (2022-10-05): Third party verification of SE provided. | 10/05/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884617 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 54.73080% significantly exceeds the guideline maximum of 45.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Calculated DTI of 54.73080% exceeds guideline allowable maximum of 45.000%. This is due to the borrower's income per source documentation and credit liabilities. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-05): Client elects to waive with verified compensation factors |  |  | 10/05/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884618 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Missing third party documentation of SE. |  |  | Reviewer Comment (2022-10-05): Third party verification of SE provided. | 10/05/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884620 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $132.00 exceeds tolerance of $107.00 plus 10% or $117.70. Insufficient or no cure was provided to the borrower. xxxxxx | Ten percent tolerance exceeded. |  |  | Reviewer Comment (2022-10-10): SitusAMC received valid COC dated xxxxxx . | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884635 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing Verification of rent for the borrower's current address. |  |  | Reviewer Comment (2022-10-04): Received VOR. Exception cleared. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884655 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (xxxxxx/Bank Statements) | Missing third party verification of SE |  |  | Reviewer Comment (2022-10-05): Third party verification of SE provided. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884656 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower's DTI of 54% exceeds guideline allowable maximum due 45%, this is due to the borrower's income per source documentation and credit liabilities. |  |  | Reviewer Comment (2022-10-05): Client elects to waive with verified compensation factors. Condition no longer applies. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26884690 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud reports that are yet to be addressed. |  |  | Reviewer Comment (2022-10-04): The file has clearance report dated xxxxxx addressing all the red flags. Exception cleared. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | 26923901 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | DTI exceed max allowed |  |  | Reviewer Comment (2022-10-05): Loan is Non-QM. | 10/05/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777392 | xxxxxx | 26885235 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-04): Received gap credit report dated xxxxxx Exception cleared. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777392 | xxxxxx | 26885526 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-12): CDA received<br>Reviewer Comment (2022-10-05): Seller ordered CDA<br>Reviewer Comment (2022-10-03): A CDA/ARR is a securitization requirement and investor requirement as well per their guidelines. This is a 2 unit property, therefore the CU in file for xxxxxx did not render a score as well as the xxxxxx reflects not eligible for R&W relief. | 10/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777392 | xxxxxx | 26885529 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-05): Updated LOE with high risk flags addressed provided<br>Reviewer Comment (2022-09-30): The LOE in file does not address all high risk red flags reflected on the report. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777392 | xxxxxx | 26885536 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx Address: xxxxxx Account Statements<br> Account Statements, Lease Agreement<br> Account Statements<br> Account Statements<br> Account Statements | The guidelines require verification of rental income with two months of proof of the receipt of the rental income, which is not provided for any of the rental properties. Note: There are some deposits into the borrower's checking account that maybe for some of the rental properties as the deposits match the rental amounts; however, the bank statements do not provide enough information to confirm the deposits are in fact the rental payments. In addition, the file is missing a copy of the lease agreement for property located at xxxxxx. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-14): 1) The deposits noted only reflect mobile deposit<br> 2) The deposits referenced below are coming out of the borrower's personal account. Therefore, it does not appear the business is paying them.<br> 3) I believe an exception is going to be warranted to utilize the rental income on xxxxxx if the borrower is renting the facility herself for her business and we have no evidence the business is paying the rent<br>Reviewer Comment (2022-10-12): The LOE is not acceptable. If rent receipts cannot be provided, an exception from the investor will be required as rental income is being utilized to qualify on the property.<br>Reviewer Comment (2022-10-11): Pending receipt of 2 months rent deposits for the property on xxxxxx for $9,000<br>Reviewer Comment (2022-10-07): Pending receipt of 2 months rent deposits for the properties on xxxxxx for $9,000 and the property on xxxxxx for $2,500.<br>Reviewer Comment (2022-10-05): We cannot see any comments made on uploads. Further, per the condition, there are some deposits into the borrower's checking account that maybe for some of the rental properties as the deposits match the rental amounts; however, the bank statements do not provide enough information to confirm the deposits are in fact the rental payments. Highlighting the payments would still not provide enough information. In addition, the file is missing a copy of the lease agreement for property located at xxxxxx. |  |  | 10/14/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776531 | xxxxxx | 26899291 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | CDA does not reflect the Unit number |  |  | Reviewer Comment (2022-10-07): Corrected CDA p[provided | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 775919 | xxxxxx | 26886481 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-10-10): FTP provided | 10/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775919 | xxxxxx | 26899400 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Lien(s) negatively impacting title |  | Multiple judgments on title not paid through closing or addressed. Provide a clear title policy. |  |  | Reviewer Comment (2022-10-10): Judgment affidavit and FTP provided (clear). | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775919 | xxxxxx | 26899401 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-10-04): Exception cleared - Articles of Organization/Formation received | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777823 | xxxxxx | 26886399 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.49610% or Final Disclosure APR of 9.52600% is in excess of allowable threshold of APOR 5.73% + 1.5%, or 7.23000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to the Lender charged the borrower for a second appraisal on a property flip transaction. |  |  | Reviewer Comment (2022-10-04): Loan is HPML Compliant. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886400 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for two (2) appraisals. |  |  |  | Reviewer Comment (2022-10-04): xxxxxx credit provided at closing for 2nd appraisal fee. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886401 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.22367% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .22367%). |  |  |  | Reviewer Comment (2022-09-28): The client elects to waive. |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886402 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-09-28): The client elects to waive. |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886404 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507) | The Second Appraisal Fee increased from $0.00 on the initial Loan Estimate to $700.00 on the Loan Estimate dated xxxxxx with the fee decreasing to $650.00 on the initial Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-04): SitusAMC received LOE sufficient credit provided at closing for Second appraisal fee. | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886405 | xxxxxx | xxxxxx | 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 Title - Endorsement Fee. Fee Amount of $210.00 exceeds tolerance of $175.00. Insufficient or no cure was provided to the borrower. (7726) | The Title - Endorsement Fee increased from $175.00 on the initial Loan Estimate to $210.00 on the initial Closing Disclosure without a valid change of circumstance. Please note: this fee was initial in Section B where the Borrower could not shop for; therefore, the fee is subject to 0% tolerance. |  |  | Reviewer Comment (2022-10-04): SitusAMC received corrected PCCD, LOE, proof of mailing & copy of refund check. |  | 10/04/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777823 | xxxxxx | 26886528 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines require the following for a flip transaction: sufficient documentation to validate actual cost to construct or renovate (e.g., purchase contracts, plans and specifications, receipts, invoices, lien waivers, etc.). The appraisal comments reflects the subject was updated/renovated; however, the file does not contain the required documentation to verify the increase in value. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-07): Client elects to waive with verified compensation factors |  |  | 10/07/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777486 | xxxxxx | 26883110 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender exception in file for cash out over $500k on LTV over 70%. Investor to approve. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-10-03): Client elects to waive with verified compensation factors |  |  | 10/03/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777486 | xxxxxx | 26883494 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.32139% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .32139%). |  |  |  | Reviewer Comment (2022-09-28): The client elects to waive. |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778110 | xxxxxx | 26890416 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.73360% or Final Disclosure APR of 7.76800% is in excess of allowable threshold of APOR 5.73% + 1.5%, or 7.23000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-10-03): Origination appraisal received | 10/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778110 | xxxxxx | 26890417 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained prior to consummation. |  |  |  | Reviewer Comment (2022-10-03): Origination appraisal received | 10/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890423 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 50.43125% exceeds Guideline total debt ratio of 50.00000%. | The guidelines allow for a maximum DTI of 50%. The Lender used a qualifying DTI of 37.62%; however, the calculated DTI is 50.43%. The DTI increase is due to the Lender used income of $29,172 to qualify the loan and the calculated income is $21,832.85. The difference in income cannot be determined as the file does not contain an income worksheet from the Lender. |  |  | Reviewer Comment (2022-10-12): Per investor, due to type of business, xxxxxx transfers are reasonable to include in the income as xxxxxx is a payment platform for xxxxxx. Further, the guidelines allow xxxxxx, etc transfers, therefore investor considers these along the same line. DTI is now inline.<br>Reviewer Comment (2022-10-11): The initial xxxxxx ledger provided does not reflect any large deposits. It was provided to show those deposits were from business generated. Condition remains.<br>Reviewer Comment (2022-10-05): The file only contains a statement from xxxxxx for xxxxxx 22 - the verified payments from business transactions were not excluded from the xxxxxx 22 totals. Since there there is no other xxxxxx documentation for the rest of the months, all xxxxxx transactions were excluded. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890435 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890436 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.25450% or Final Disclosure APR of 7.27900% is in excess of allowable threshold of APOR 5.62% + 1.5%, or 7.12000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-04): Appraisal delivery provided | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890437 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-04): Appraisal delivery provided | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890438 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the DTI exceeds the guideline requirement. |  |  | Reviewer Comment (2022-10-12): Per investor, due to type of business, xxxxxx transfers are reasonable to include in the income as xxxxxx is a payment platform for xxxxxx. Further, the guidelines allow xxxxxx, etc transfers, therefore investor considers these along the same line. DTI is now inline.<br>Reviewer Comment (2022-10-11): The initial xxxxxx ledger provided does not reflect any large deposits. It was provided to show those deposits were from business generated. Condition remains.<br>Reviewer Comment (2022-10-05): The file only contains a statement from xxxxxx for xxxxxx 22 - the verified payments from business transactions were not excluded from the xxxxxx 22 totals. Since there there is no other xxxxxx documentation for the rest of the months, all xxxxxx transactions were excluded. | 10/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890439 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to the DTI exceeds the guideline requirement. |  |  | Reviewer Comment (2022-10-12): Per investor, due to type of business, xxxxxx transfers are reasonable to include in the income as xxxxxx is a payment platform for xxxxxx. Further, the guidelines allow xxxxxx, etc transfers, therefore investor considers these along the same line. DTI is now inline.<br>Reviewer Comment (2022-10-11): The initial xxxxxx ledger provided does not reflect any large deposits. It was provided to show those deposits were from business generated. Condition remains.<br>Reviewer Comment (2022-10-05): The file only contains a statement from xxxxxx for xxxxxx 22 - the verified payments from business transactions were not excluded from the xxxxxx 22 totals. Since there there is no other xxxxxx documentation for the rest of the months, all xxxxxx transactions were excluded. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | 26890440 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 50.43125% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) | The guidelines allow for a maximum DTI of 50%. The Lender used a qualifying DTI of 37.62%; however, the calculated DTI is 50.43%. The DTI increase is due to the Lender used income of $29,172 to qualify the loan and the calculated income is $21,832.85. The difference in income cannot be determined as the file does not contain an income worksheet from the Lender. |  |  | Reviewer Comment (2022-10-12): Per investor, due to type of business, xxxxxx transfers are reasonable to include in the income as xxxxxx is a payment platform for xxxxxx. Further, the guidelines allow xxxxxx, etc transfers, therefore investor considers these along the same line. DTI is now inline.<br>Reviewer Comment (2022-10-11): The initial xxxxxx ledger provided does not reflect any large deposits. It was provided to show those deposits were from business generated. Condition remains.<br>Reviewer Comment (2022-10-05): The file only contains a statement from xxxxxx for xxxxxx 22 - the verified payments from business transactions were not excluded from the xxxxxx 22 totals. Since there there is no other xxxxxx documentation for the rest of the months, all xxxxxx transactions were excluded. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778174 | xxxxxx | 26891304 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.35200% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .35200%). |  |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778174 | xxxxxx | 26891305 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | The file does not contain the required Maryland HPML Disclosure. |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Lender attestation indicating that (1) the borrower did not qualify for any non-higher-priced loans or (2) the lender does not offer non-higher-priced loans. B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778174 | xxxxxx | 26891306 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of 8.68040% or Final Disclosure APR of 8.74700% is in excess of allowable threshold of APOR 5.73% + 1.5%, or 7.23000%. Non-Compliant Higher Priced Loan. | The loan is Non-Compliant Maryland HPML due to missing the Maryland HPML Disclosure. |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26891273 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-06): Approval provided | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26891870 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Form 1007 or 1025, with Market Rents, Other, Statement | Provide the mortgage statement for the REO property to verify taxes and insurance are included in the monthly payment. If not, evidence of HOI, taxes, and HOA, if applicable will be required. Further, rental income is being utilized on the departing residence. Lease Agreement provided. Still need 1007 with estimated rents, security deposit and 1st months rent. The LOE in file they are holding funds is not sufficient. |  |  | Reviewer Comment (2022-10-24): All required documents provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26891928 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-06): Received verification for "xxxxxx" from SAM.gov. Exception cleared. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26891958 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $154,683.89 is less than Cash From Borrower $121,989.69. |  |  |  | Reviewer Comment (2022-10-27): An additional business account was provided<br>Reviewer Comment (2022-10-27): Exception Explanation Updated from: Documented qualifying Assets for Closing of $80,616.54 is less than Cash From Borrower $121,989.69.<br>Reviewer Comment (2022-10-25): Additional asset docs were not provided. A 1008 was uploaded for this exception.<br>Reviewer Comment (2022-10-25): Additional asset documentation was not foud. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892008 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 55.44380% exceeds Guideline total debt ratio of 50.00000%. | Approval/1008 and income worksheets are missing. Per the 1003, the lender qualified B1 with bank statement income of $8,846.48 and B2 with W2 income of $8,506. The audit income for B1 from the bank statements provided is $6,321.43 and for B2 $4,298.35. The Final 1003 for B2 reflects both base and commission, however per the paystubs and WVOE in file, B2 is a commissions only employee. |  |  | Reviewer Comment (2022-10-25): Additional income docs were provided.<br>Reviewer Comment (2022-10-05): Income worksheet received. Audit income is about $100 off for bank statement with the major difference in B2 income. Per the paystubs and WVOE in file, the borrower is a commissioned employee only. The lender qualified B2 off of base rate with no supporting documentation for this. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892009 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 7.04 is less than Guideline PITIA months reserves of 6.00. |  |  |  | Reviewer Comment (2022-10-27): An additional business account was provided.<br>Reviewer Comment (2022-10-27): Exception Explanation Updated from: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892032 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Provide evidence that the appraisal was provided to the borrower within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892033 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.57730% or Final Disclosure APR of 8.61900% is in excess of allowable threshold of APOR 5.20% + 1.5%, or 6.70000%. Non-Compliant Higher Priced Mortgage Loan. | Provide evidence that the appraisal was provided to the borrower within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-05): Borrower email received stating received 9/12<br>Reviewer Comment (2022-10-04): LOE provided reflecting appraisal delivered on xxxxxx , however the completion date of the appraisal is xxxxxx . The borrower cannot receive the appraisal prior to completion. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892034 | xxxxxx | xxxxxx | 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 xxxxxx | Provide evidence that the appraisal was provided to the borrower within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-05): Borrower email received stating received 9/12<br>Reviewer Comment (2022-10-04): LOE provided reflecting appraisal delivered on xxxxxx , however the completion date of the appraisal is xxxxxx . The borrower cannot receive the appraisal prior to completion. | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892035 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Approval/1008 and income worksheets are missing. Per the 1003, the lender qualified B1 with bank statement income of $8,846.48 and B2 with W2 income of $8,506. The audit income for B1 from the bank statements provided is $6,321.43 and for B2 $4,298.35. The Final 1003 for B2 reflects both base and commission, however per the paystubs and WVOE in file, B2 is a commissions only employee. |  |  | Reviewer Comment (2022-10-25): Additional income docs were provided.<br>Reviewer Comment (2022-10-05): Income worksheet received. Audit income is about $100 off for bank statement with the major difference in B2 income. Per the paystubs and WVOE in file, the borrower is a commissioned employee only. The lender qualified B2 off of base rate with no supporting documentation for this. | 10/25/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892036 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Approval/1008 and income worksheets are missing. Per the 1003, the lender qualified B1 with bank statement income of $8,846.48 and B2 with W2 income of $8,506. The audit income for B1 from the bank statements provided is $6,321.43 and for B2 $4,298.35. The Final 1003 for B2 reflects both base and commission, however per the paystubs and WVOE in file, B2 is a commissions only employee. |  |  | Reviewer Comment (2022-10-25): Additional income docs were provided.<br>Reviewer Comment (2022-10-05): Income worksheet received. Audit income is about $100 off for bank statement with the major difference in B2 income. Per the paystubs and WVOE in file, the borrower is a commissioned employee only. The lender qualified B2 off of base rate with no supporting documentation for this. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892037 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 55.44380% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Approval/1008 and income worksheets are missing. Per the 1003, the lender qualified B1 with bank statement income of $8,846.48 and B2 with W2 income of $8,506. The audit income for B1 from the bank statements provided is $6,321.43 and for B2 $4,298.35. The Final 1003 for B2 reflects both base and commission, however per the paystubs and WVOE in file, B2 is a commissions only employee. |  |  | Reviewer Comment (2022-10-25): Additional income docs were provided.<br>Reviewer Comment (2022-10-05): Income worksheet received. Audit income is about $100 off for bank statement with the major difference in B2 income. Per the paystubs and WVOE in file, the borrower is a commissioned employee only. The lender qualified B2 off of base rate with no supporting documentation for this. v | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26892038 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-09-28): Client elects to waive |  |  | 09/28/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26902362 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003 with the correct business name for B1's self-employed company. Per CPA letter, business name is xxxxxx. |  |  | Reviewer Comment (2022-10-25): A corrected full URLA was provided.<br>Reviewer Comment (2022-10-24): Partial 1003 is not acceptable Provide the full and corrected 1003 | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | 26902537 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | h |  | The POA does not reflect an expiration date as required per guidelines. |  |  | Reviewer Comment (2022-10-13): Updated POA provided | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | 26892630 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing title final. |  |  | Reviewer Comment (2022-10-10): FTP provided | 10/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | 26892760 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing verification of rent/mortgage for the borrower and co-borrower's current address. | The refinance has decreased the borrower's monthly debt payments by 20% or more.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's monthly mortgage payment has decreased by at least 20%.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-11): The DU is an Approve/Ineligible which does not provide accurate conditions. Further, we have no evidence that the landlord is non-intuitional/private. We would need an Approve/Eligible DU and evidence the landlord is private/non-institiuonal<br>Reviewer Comment (2022-10-10): The DU is an Approve/Ineligible as well as the DU for waiver of VOR/VOM is under non-institutional lender/landlord only. It is not known if they are non-institutional. |  |  | 10/12/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | 26893689 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Transaction Error: Outstanding liens were not paid at closing. | Date Issued: xxxxxx | Mortgages were not reflected on the final CD for the payoffs and payment on a refinance transaction. |  |  | Reviewer Comment (2022-10-10): Property free and clear and final title provided. Lien on prelim is from the old seller. | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | 26893786 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing list of homeownership counseling organization. |  |  | Reviewer Comment (2022-09-29): The client elects to waive. |  |  | 09/29/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | 26893787 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | Notice to right to cancel was not provided in three business days prior to the transaction date. |  |  | Reviewer Comment (2022-10-12): Final SS provided with updated disbursement date<br>Reviewer Comment (2022-10-11): PC-CD alone does not clear this condition as this is a lender generated document. Provide the Final stamped/signed settlement statement verifying disbursement date.<br>Reviewer Comment (2022-10-10): The RTC expiration date is xxxxxx, however the Final CD reflects disbursement date of xxxxxx Provide the Final stamped/signed settlement statement verifying disbursement date. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776749 | xxxxxx | 26899525 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $975.00 exceeds tolerance of $475.00 plus 10% or $522.50. Insufficient or no cure was provided to the borrower. xxxxxx | The 10% tolerance fees increased from $475.00 on the initial Loan Estimate to $975.00 on the initial Closing Disclosure without a valid change of circumstance. The fee that increased was the Survey which increased from $300.00 on the initial Loan Estimate to $800.00 on the initial Closing Disclosure. |  |  | Reviewer Comment (2022-10-13): SitusAMC received corrected PCCD with LOE for moving the fee from Section B to C and LOE confirming, Survey fee was not required by Lender.<br>Reviewer Comment (2022-10-10): SitusAMC received corrected PCCD and LOE confirming, Survey fee was not required by Lender. Please provide LOE to borrower for moving Survey fee from Section B to Section C.<br>Reviewer Comment (2022-10-05): SitusAMC Received PCCD dated xxxxxx moving the Survey fee from Sec B to Sec C, However the Letter of explanation is missing. We are unable to determine from the file whether the lender or title company requried the survey. If the lender required the survey fee then a cure is due to the borrower. If the borrower-chosen service provider further outsourced the Survey Fee, an attestation or comment on exception from the seller is needed. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776749 | xxxxxx | 26899526 | xxxxxx | xxxxxx | 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 $625.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506) | The Appraisal Fee increased from $600.00 on the initial Loan Estimate to $625.00 on the initial Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-05): Sufficient cure provided at closing | 10/05/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776749 | xxxxxx | 26921914 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Sufficient cure at closing |  |  | Reviewer Comment (2022-10-05): Sufficient Cure Provided At Closing |  | 10/05/2022 |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 775078 | xxxxxx | 26905575 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Assets Error: Usability was not provided |  | The Operating Agreement for xxxxxx is not executed. |  |  | Reviewer Comment (2022-10-07): Signed Ops Agreement provideed<br>Reviewer Comment (2022-10-04): The documents must be executed. Un-executed documents are not acceptable. | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775078 | xxxxxx | 26905592 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the 12 month mortgage history for the primary residence. Only 3 months provided. Fraud Report reflects original lien taken out in 2015. |  |  | Reviewer Comment (2022-10-07): Mortgage statement and pay history provided | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775078 | xxxxxx | 26905623 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | #A is in the address vs. all other documents. | The representative FICO score exceeds the guideline minimum by at least 40 points. |  | Reviewer Comment (2022-10-11): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-07): If the HOI policy needs correction, it must be on the pre-closing policy. Condition remains.<br>Reviewer Comment (2022-10-04): The policy provided is dated post closing and not acceptable. Provide the pre-close policy with the correct address. |  |  | 10/11/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776981 | xxxxxx | 26901550 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary xxxxxx) | An acknowledgement of receipt of Appraisal was not provided to the borrower three days prior to closing. |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26901552 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.75061% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .75061%). |  |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26901553 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization list was not provided to the borrower with a list date reflecting on it. |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26901557 | xxxxxx | xxxxxx | 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 Rate Lock Fee. Fee Amount of $393.75 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7335) | Valid COC nor cure provided |  |  | Reviewer Comment (2022-10-04): SitusAMC Received COC dated xxxxxx with a valid reason for change | 10/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26908216 | xxxxxx | xxxxxx | 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. | Appraisal address reflects sq. in the city |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26908217 | xxxxxx | xxxxxx | 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 $715.00 exceeds tolerance of $625.00. Insufficient or no cure was provided to the borrower. (7506) | Valid COC was not provided. |  |  | Reviewer Comment (2022-10-04): SitusAMC Received PCCD, LOE, Copy of check and delivery report for the cure provided. |  | 10/04/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26908225 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor request in file to utilize 100% of the business funds for assets, although only 50% owner. Provide the approved exception form. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-04): Same document was provided that was in file at time of review. Provide the approved exception form. Document uploaded is the request only. |  |  | 10/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776981 | xxxxxx | 26908231 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Appraisal and CDA: City reflects sq. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-06): The USPS does not clear this condition. All documents must match. |  |  | 10/12/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778219 | xxxxxx | 26905266 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003. Per the 1003 in file, borrower has no ownership in Primary Residence. |  |  | Reviewer Comment (2022-10-06): Corrected 1003 porvided<br>Reviewer Comment (2022-10-04): The 1003 provided now has the owned box checked which is still incorrect. The borrower has no ownership in the primary residence. No primary housing expense should be checked which is what this box is for on the new 1003 form. The updated 1003 does not need to be executed or initialed, only corrected. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777908 | xxxxxx | 26904478 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The asset documentation provided for the gift funds of $135,000 was dated xxxxxx which is after the note date. |  |  | Reviewer Comment (2022-10-17): Updated gift letter received | 10/17/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26904479 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The asset documentation provided for the gift funds of $135,000 was dated xxxxxx which is after the note date. |  |  | Reviewer Comment (2022-10-17): Updated gift letter received | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26904480 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The asset documentation provided for the gift funds of $31,699.31 was dated xxxxxx which is after the note date. |  |  | Reviewer Comment (2022-10-17): Updated gift letter received | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26904481 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | The asset documentation provided for the gift funds of $31,699.31 was dated xxxxxx which is after the note date. |  |  | Reviewer Comment (2022-10-17): Updated gift letter received | 10/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26904482 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list of homeownership counseling organization was provided with the document and list date missing. |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26908845 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Per guidelines, the CPA must confirm that they prepared the most recent 2 years tax return filing for the borrower's business. Current CPA just states reviewed tax returns. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-17): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-05): Lender would like to waive |  |  | 10/17/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777908 | xxxxxx | 26908847 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Per guidelines, the business license for the past 2 years must be provided. If nature of business does not require government issued license, borrower's letter is required to explain the details of business nature. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-17): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-05): The document provided is not dated. Further, the document provided is an Articles of Org vs. Business license. |  |  | 10/17/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777447 | xxxxxx | 26901978 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Checking / Account Number: 3097 | Asset documentation provided for account ending #3097 is less than one month verified as required per guideline. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-13): Client elects to waive with with verified compensation factors<br>Reviewer Comment (2022-10-05): The VOD is dated post closing and cannot be considered. |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777447 | xxxxxx | 26901992 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | A rate lock agreement was not provided in file. |  |  | Reviewer Comment (2022-10-03): Client elects to waive |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777447 | xxxxxx | 26901997 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization list does not reflect a list date. |  |  | Reviewer Comment (2022-10-03): Client elects to waive |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778145 | xxxxxx | 26905035 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778145 | xxxxxx | 26905036 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Amount of Non-Escrowed Property Costs over Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 12,972.63 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | The final Closing Disclosure reflects the Non-Escrowed Property Costs Over Year 1 as $12,972.63; however, the Appraisal Report confirms the HOA dues are $1,179 per month or $12,969 over 11 months or $14,148 over 12 months. |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777703 | xxxxxx | 26905118 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-06): Received gap credit report dated xxxxxx Exception cleared. | 10/06/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777703 | xxxxxx | 26905525 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.04022% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .04022%). |  |  |  | Reviewer Comment (2022-09-30): Client elects to waive |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777703 | xxxxxx | 26908805 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file for 71 overdraft charges in the last 12 months on the business bank statements. However, comp factors are incorrect. The borrower's reserves do not exceed 2 months above the minimum required. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Residual income 2.5x the amount required by guidelines | Reviewer Comment (2022-10-06): Client elects to waive with verified compensation factors |  |  | 10/06/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777703 | xxxxxx | 26908819 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 2.86 is less than Guideline PITIA months reserves of 3.00. | For open 30-day charge accounts that do not reflect a monthly payment on the credit report, or 30-day accounts that reflect a monthly payment that is identical to the account balance, lenders must verify borrower funds to cover the account balance. The verified funds must be in addition to any funds required for closing costs and reserves. 5% of the debt can no longer be included in the DTI. |  |  | Reviewer Comment (2022-10-11): Business debt. Paid by the business, statement in business name and in additional owners name, LOE provided by borrower, bank statements provided<br>Reviewer Comment (2022-10-10): For exclusion of business debt, the requirements in section 5.1.5.8 were not met. Any of the following supporting documentation can be included in the credit file to exclude business debt:<br> • Most recent six (6) months of cancelled checks drawn against the business account<br> • Business bank account statement showing assets remaining after funds to close and reserve requirements are deducted, with a balance greater than or equal to the balance of the debt. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 772300 | xxxxxx | 26905121 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.90617% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .90617%). |  |  |  | Reviewer Comment (2022-09-30): The client elects to waive. |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 772300 | xxxxxx | 26905127 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 651 is less than Guideline representative FICO score of 680. | Lender exception is in file for credit score. Investor to approve. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. | Reviewer Comment (2022-09-30): The client elects to waive with comp factors. |  |  | 09/30/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777827 | xxxxxx | 26905848 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-07): Received gap credit report dated xxxxxx Exception cleared. | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777827 | xxxxxx | 26916646 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file for account to remain in dispute. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | DTI < =36% which is below requirement in guidelines<br>LTV/CLTV > 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-03): Client elects to waive with verified compensation factors |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777827 | xxxxxx | 26916647 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Assets Error: Usability was not provided |  | Investor exception in file to utilize business account 100% owned by spouse for assets. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00. | DTI < =36% which is below requirement in guidelines<br>LTV/CLTV > 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-03): Client elects to waive with verified compensation factors |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777827 | xxxxxx | 26916648 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Other | Provide the property profile report for the property on Whale to support Free and Clear. LOE alone is not sufficient. |  |  | Reviewer Comment (2022-10-07): Evidence of F&C provided | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777462 | xxxxxx | 26908060 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  | Reviewer Comment (2022-10-07): Flood Cert provided | 10/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777462 | xxxxxx | 26915806 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor Exception in file to allow use of Power of Attorney for cash-out refinance. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-03): Client elects to waive with verified compensation factors |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777462 | xxxxxx | 26915812 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | VOR from an overseas private/non-institutional landlord. Cancelled checks required. |  |  | Reviewer Comment (2022-10-13): Cancelled checks are provided in file. Hence, the condition is cleared. | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777860 | xxxxxx | 26908328 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Investor exception in file, however comp factors are incorrect. LTV/CLTV is not 5% or more below the max and reserves do not exceed requirement by 10 months or more. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower's Experience/Track Record | Credit Score 30+ points > minimum required<br>Reserves exceed requirement by 2 months or more<br>Experienced investor owns and manages 2 or more properties for 12 months | Reviewer Comment (2022-10-06): Client elects to waive with verified compensation factors |  |  | 10/06/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 777860 | xxxxxx | 26908558 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  |  |  |  | Reviewer Comment (2022-10-12): Tax information sheet and additional documentation provided<br>Reviewer Comment (2022-10-07): The documents provided are not acceptable. Evidence of what the normal tax rate for the property/county will need to be provided to accurately calculate taxes based off the purchase price. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 777860 | xxxxxx | 26908585 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-07): CDA provided | 10/07/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B C A |  | N/A | No | Property Focused |
| xxxxxx | 778351 | xxxxxx | 26906858 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-10): Gap provided | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778351 | xxxxxx | 26916650 | xxxxxx | xxxxxx | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | Provide the color appraisal as required per guidelines. |  |  | Reviewer Comment (2022-10-10): Exception is cleared received color appraisal as required per guidelines. | 10/10/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778351 | xxxxxx | 26916654 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Compliant | New York Subprime Loan: APR on subject loan of 7.75470% or Final Disclosure APR of 7.77800% is in excess of allowable threshold of Prime Mortgage Market Rate 5.55000 + 1.75%, or 7.30000%. Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-10-03): Client elects to waive |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. D B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778351 | xxxxxx | 26916655 | xxxxxx | xxxxxx | Compliance | Compliance | Miscellaneous Compliance | Missing Non-Required Data | Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. | Date Issued: xxxxxx Tax Service Fee (Life Of Loan) |  |  |  | Reviewer Comment (2022-10-03): Client elects to waive |  |  | 10/03/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908189 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing Credit Report gap. |  |  | Reviewer Comment (2022-10-14): Received gap credit report dated xxxxxx Exception cleared. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908366 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of Appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-10-12): Appraisal delivery email provided | 10/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908367 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.27570% or Final Disclosure APR of 8.30100% is in excess of allowable threshold of APOR 5.62% + 1.5%, or 7.12000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-10-12): Appraisal delivery email provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908368 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgement of receipt of Appraisal was not provided to the borrower within three business days prior to consummation. |  |  | Reviewer Comment (2022-10-12): Appraisal delivery email provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908369 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | The gift funds asset documentation was provided on xxxxxx which is after the Note date xxxxxx . |  |  | Reviewer Comment (2022-10-12): Loan is Non-QM<br>Reviewer Comment (2022-10-11): The LOE provided is not acceptable. The gift funds were received and cannot be excluded. The gift letter/receipt of funds needed to be received prior to closing. The investor can request a downgrade based on comp factors. | 10/12/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | Lender to provide updated ATR/QM status C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908370 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Gift Funds/Gift Funds) | The gift funds asset documentation was provided on xxxxxx which is after the Note date xxxxxx . |  |  | Reviewer Comment (2022-10-12): Client elects to waive<br>Reviewer Comment (2022-10-12): Exception regraded to EV2-B based on comp factors and gift letter evidencing no repayment of gift is expected.<br>Reviewer Comment (2022-10-11): The LOE provided is not acceptable. The gift funds were received and cannot be excluded. The gift letter/receipt of funds needed to be received prior to closing. The investor can request a downgrade based on comp factors. |  |  | 10/12/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | 26908372 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list of homeownership counseling organization was not provided to the borrower with a list update. |  |  | Reviewer Comment (2022-10-04): The client elects to waive. |  |  | 10/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776038 | xxxxxx | 26908857 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-10-24): FTP provided | 10/24/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 776038 | xxxxxx | 26921123 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide a clear title policy or Final Title Policy. Lien on title appears to be a cross collateral tied to multiple properties. |  |  | Reviewer Comment (2022-10-24): Cleared FTP provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777705 | xxxxxx | 26908850 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-11): Approval document received (D0317), Exception Cleared | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777705 | xxxxxx | 26908982 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The file contains a gap report; however, it is dated xxxxxx which is not within 10 days of the note date of xxxxxx . |  |  | Reviewer Comment (2022-10-12): UDM provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777705 | xxxxxx | 26909088 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The guidelines allow up to three NSF occurrences when there is one occurrence in the most recent two-month period. The borrowers had one NSF in xxxxxx 22; therefore, three occurrences is allowed; however, the had a total of 4 occurrences in the last 12 months. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778654 | xxxxxx | 26913397 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | The only FACTA disclosure provided is dated the day of closing. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778654 | xxxxxx | 26913399 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, it is not dated. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26913894 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided |  | Missing Credit Report for borrower and co-borrower. Only the gap reports with no scores were provided. |  |  | Reviewer Comment (2022-10-11): Credit report provided for borrower and co-borrower. Refer doc id # D0303. Hence, exception cleared. | 10/11/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914006 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrowers within three business days prior to consummation. |  |  | Reviewer Comment (2022-10-11): Appraisal delivery received | 10/11/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914007 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.26190% or Final Disclosure APR of 8.30000% is in excess of allowable threshold of APOR 5.06% + 1.5%, or 6.56000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-10-11): Appraisal delivery received | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914008 | xxxxxx | xxxxxx | 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 xxxxxx | An acknowledgement of receipt of appraisal was not provided to the borrowers within three business days prior to consummation. |  |  | Reviewer Comment (2022-10-11): Appraisal delivery received | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914009 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | A rate lock agreement was not provided with the borrowers consent or lender's. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914010 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Missing the 1-year 1099. |  |  | Reviewer Comment (2022-10-11): 1099 received | 10/11/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status D B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914011 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Schedule C | Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. (xxxxxx, xxxxxx xxxxxx/Schedule C) | Missing the 1-year 1099. |  |  | Reviewer Comment (2022-10-11): 1099 received | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914012 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Missing the 1-year 1099. |  |  | Reviewer Comment (2022-10-11): 1099 received | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914013 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Missing list of homeownership counseling organization. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914015 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,375.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-10-03): Sufficient Cure Provided At Closing |  | 10/03/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914016 | xxxxxx | xxxxxx | 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 $175.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103) | Zero percent tolerance exceeded. |  |  | Reviewer Comment (2022-10-03): Sufficient Cure Provided At Closing |  | 10/03/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26914047 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | Right to cancel transaction did not take place within three business days prior to the transaction date. |  |  | Reviewer Comment (2022-10-11): Final SS provided with updated disbursement date after expiration of RTC<br>Reviewer Comment (2022-10-11): The document provided is not signed/stamped certified by the title agent nor reflects a disbursement date. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | 26925971 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx 1099 | 1-year 1099 was not provided. |  |  | Reviewer Comment (2022-10-11): 1099- Misc provided. Refer doc id # D0300. Hence, exception cleared. | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778458 | xxxxxx | 26913468 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.11137% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .11137%). |  |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778458 | xxxxxx | 26925999 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Assets Error: Usability was not provided |  | Per guidelines, asset documentation can be no more than 60 days from closing. Life insurance policy #6390 is > 60 days old. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00. |  | Reviewer Comment (2022-10-12): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-11): This is a guideline requirement, therefore an exception will be required. |  |  | 10/12/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778458 | xxxxxx | 26926014 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided |  | Credit report must not show employer's name other than current employment. If other name appears, LOE from borrower with start/termination date is required for all other employments |  |  | Reviewer Comment (2022-10-17): LOE provided<br>Reviewer Comment (2022-10-11): The guidelines do not have any 2 year limitations as well as the guidelines state if the credit report shows other employments outside of the current one, an LOE from the borrower must be provided with start/end dates. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778321 | xxxxxx | 26913827 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-12): Credit Report- Gap provided. Refer doc id #D0237. Hence, exception cleared. | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778321 | xxxxxx | 26914082 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-12): Clearance LOE provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777678 | xxxxxx | 26924932 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Provide evidence of receipt of the $43,000 gift funds. |  |  | Reviewer Comment (2022-10-17): Receipt provided<br>Reviewer Comment (2022-10-13): The Final 1003 reflects the gift funds were utilized as source of funds. Provide the corrected 1003 removing gift funds. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777678 | xxxxxx | 26924980 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Entity as insured. |  |  | Reviewer Comment (2022-10-13): HOI was provided with the Entity as Insured. | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777678 | xxxxxx | 26925011 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 1.27 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.50. | Loan amount xxxxxx requires a DSCR of 1.50 | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-10-05): Client elects to waive with verified compensation factors |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777355 | xxxxxx | 26912335 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | The guidelines do not allow rural properties. The appraisal report reflects the property location is rural. The file contains an Investor exception. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | DTI <=40% which is below requirement in guidelines<br>LTV/CLTV 5% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-10-05): Client elects to waive with verified compensation factors |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777355 | xxxxxx | 26913547 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | The file contains documentation that the borrower received the appraisal report on xxxxxx ; however, the appraisal report in the file is dated xxxxxx . There is no evidence in the file that the borrower received a copy of the final appraisal report. |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26913783 | xxxxxx | xxxxxx | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  |  |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914043 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-10): UDM provided | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914076 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) is incomplete |  | The guidelines require alternative documentation showing the most recent 6-month history (cancelled checks, mortgage statements including payment history, etc.) when a private verification of mortgage is provided. The VOM provided is from a private lender and the file is missing the alternative documentation. |  |  | Reviewer Comment (2022-10-10): Note provided along with VOM. No monthly mortgage payments. Balloon note. | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914239 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The borrower has had 5 NSFs/Overdrafts in the last 12 months. The file contains an Investor exception. However, comp factors are incorrect. LTV is not 10% above the max, only 5%. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | DTI <=36% which is below requirement in guidelines | Reviewer Comment (2022-10-10): Client elects to waive with verified compensation factors |  |  | 10/10/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914240 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx HOA Verification, Statement<br> Statement<br> HOA Verification, Insurance Verification<br> HOA Verification, Statement | The properties located on xxxxxx, and xxxxxx are missing the mortgage statement or other documentation to verify the taxes and insurance are included in the mortgage payment. The property located on xxxxxx is missing verification the property is owned free and clear as the fraud report reflects there is a private mortgage associated with the property. The fraud report reflects HOA dues for the properties located on xxxxxx, and xxxxxx.; however, the fraud report reflects estimated; therefore, HOA verification for the actual dues is required. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI <=36% which is below requirement in guidelines | Reviewer Comment (2022-10-14): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-13): The xxxxxx Report reflects a mortgage for xxxxxx. Further, HOA dues were not provided for the property on xxxxxx nor xxxxxx. Also, the borrower is making payments on these properties via the bank statements to the lender. All debt must be included in the ratios.<br>Reviewer Comment (2022-10-10): Pending receipt of HOA dues for the properties on xxxxxx and xxxxxx. Further, also missing evidence that the property on xxxxxx is free and clear and does not have any HOI. |  |  | 10/14/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914291 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The guidelines require a verification of mortgage for all properties owned that have a mortgage associated with them. The borrower has three investment properties that have mortgages associated with them; however, the file does not contain the verification of mortgage. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | DTI <=36% which is below requirement in guidelines | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-12): We require VOR/VOM for the borrower's other three investment properties. Exception remains same. |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914334 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914335 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - ECOA Status | ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | The file is missing evidence the borrower received a copy of the Right to Receive a copy of the Appraisal Report. |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Good faith redisclosure C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914336 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.02000% or Final Disclosure APR of 8.04200% is in excess of allowable threshold of APOR 6.09% + 1.5%, or 7.59000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-10): Right to receive appraisal form received | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914337 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-10): Appraisal delivery received | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914338 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Appraisal Disclosure - HPML Status | HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. | The file is missing evidence the borrower received a copy of the Right to Receive a copy of the Appraisal Report. |  |  | Reviewer Comment (2022-10-10): Right to receive appraisal form received | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Good faith redisclosure C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914339 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file is missing a copy of the Homeownership Counseling List. |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914340 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after xxxxxx , no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $10,809.45 may be required. | The file is missing a copy of the Loan Estimate. |  |  | Reviewer Comment (2022-10-10): SitusAMC received xxxxxx | 10/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26914341 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | The file is missing a copy of the Right to Cancel. |  |  | Reviewer Comment (2022-10-11): RTC provided | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26944642 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Loan Estimate Timing | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial xxxxxx) | SitusAMC received xxxxxx. The timing for the LE under § 1026.19(e)(1)(iii) is three business days from application. Initial LE issued xxxxxx. On this loan, the LE should have been issued within 3 business days of the broker application date of xxxxxx. |  |  | Reviewer Comment (2022-10-11): SitusAMC received initial LE. | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26944643 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | Missing SSPL Disclosure. |  |  | Reviewer Comment (2022-10-11): SitusAMC received SSPL. | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26944644 | xxxxxx | xxxxxx | 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 Attorney Review Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7588) | SitusAMC received xxxxxx LE Missing valid changed circumstance for adding fee |  |  | Reviewer Comment (2022-10-10): Sufficient cure at closing | 10/10/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26944645 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $552.08 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7723) | SitusAMC received xxxxxx LE Missing valid changed circumstance for adding fee. Insufficient cure. If the lender required the survey fee then a cure is due to the borrower for not previously disclosing the fee. If the borrower-chosen service provider further outsourced the Survey Fee, we would accept an attestation confirming this. The attestation should confirm that the service was outsourced by the borrower-chosen provider and should be on either the provider's or the lender's letterhead. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. If the borrower elected to have survey completed on their own then a Corrected CD moving the fee to Section H and LOE to borrower is required. |  |  | Reviewer Comment (2022-10-11): SitusAMC received PCCD & LOE dated xxxxxx . | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26944646 | xxxxxx | xxxxxx | 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 Title - Services Sales Tax. Fee Amount of $55.30 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77239) | SitusAMC received xxxxxx LE Missing valid changed circumstance for adding fee. Missing SSPL disclosure in order to determine if borrower shopped for fee. |  |  | Reviewer Comment (2022-10-11): SitusAMC received SSPL. | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26947548 | xxxxxx | xxxxxx | 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 Attorney Review Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7588) |  |  |  | Reviewer Comment (2022-10-11): Sufficient Cure Provided At Closing |  | 10/11/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | 26947549 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | Unable to determine if the borrower received Settlement Service Provider List due to missing information. | SitusAMC received SSPL. |  |  | Reviewer Comment (2022-10-11): SitusAMC received SSPL. | 10/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Rate/Term | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776828 | xxxxxx | 26915778 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided |  |  |  |  | Reviewer Comment (2022-10-12): Articles of Organization/Formation received , Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915779 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided |  |  |  |  | Reviewer Comment (2022-10-12): Business Entity Listing received to verify Good Standing, Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915780 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  | Reviewer Comment (2022-10-12): Closing Protection Letter received, Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915781 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided |  |  |  |  | Reviewer Comment (2022-10-17): Ops Agreement provided. 100% owner on loan.<br>Reviewer Comment (2022-10-12): Operating Agreement received is for xxxxxx, Please provide Operating Agreement for xxxxxx. If all owners are on the loan, the Unanimous Consent will not be required. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915782 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  |  |  |  | Reviewer Comment (2022-10-12): Employer Identification Number (EIN) received , Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915783 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided |  |  |  |  | Reviewer Comment (2022-10-17): Fraud report provided for B2<br>Reviewer Comment (2022-10-12): Fraud Report was only provided for xxxxxx. Pending receipt of Fraud Report for xxxxxx. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915784 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  |  |  |  | Reviewer Comment (2022-10-17): HOI provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915786 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  |  |  |  | Reviewer Comment (2022-10-17): Ops Agreement provided<br>Reviewer Comment (2022-10-12): Operating Agreement received is for xxxxxx, Please provide Operating Agreement for xxxxxx, Exception Remains | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915790 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  |  |  | Reviewer Comment (2022-10-12): Purchase Agreement received , Exception Cleared | 10/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915847 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $578,669.72. |  |  |  | Reviewer Comment (2022-10-12): Assets provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915850 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing.; Sec ID: 1 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-12): Appraisal form 1004 received, Exception Cleared | 10/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915858 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-12): CDA received, Exception Cleared | 10/12/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915864 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Rent schedule is missing on lease property | Address: xxxxxx | 1007 not provided |  |  | Reviewer Comment (2022-10-12): Comparable rent schedule received , Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915871 | xxxxxx | xxxxxx | 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 2.00. |  |  |  | Reviewer Comment (2022-10-12): Assets provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915881 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  |  |  |  | Reviewer Comment (2022-10-12): Title Commitment Received, Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915890 | xxxxxx | xxxxxx | 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: xxxxxx<br> Disaster Declaration date: xxxxxx <br> Disaster End date: xxxxxx | Will be re-reviewed upon receipt of appraisal. |  |  | Reviewer Comment (2022-10-12): Appraisal provided. Completed after disaster | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26915891 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. |  |  |  |  | Reviewer Comment (2022-10-12): Closing Protection Letter received, Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26925450 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the mortgage history for the borrower's previous primary residence for a complete 12 month history. |  |  | Reviewer Comment (2022-10-18): Property profile report provided for previous primary. Mtg history on credit. Mtg statement provided for current property.<br>Reviewer Comment (2022-10-17): The mortgage statement for the current primary does not clear this condition and was in file at time of review. Provide the mortgage history for the borrower's previous primary for a complete 12 month history. | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 776828 | xxxxxx | 26925548 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-17): Approval provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 777467 | xxxxxx | 26914607 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.07272% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx). |  |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777467 | xxxxxx | 26914608 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $225.20 exceeds tolerance of $199.00 plus 10% or $218.90. Insufficient or no cure was provided to the borrower. xxxxxx | Ten Percent Fee Tolerance exceeded. Total amount of $225.20 exceeds tolerance of $199.00 plus 10% or $218.90. Insufficient or no cure was provided to the borrower. |  |  | Reviewer Comment (2022-10-18): SitusAMC received PCCD, LOE and copy of refund check. |  | 10/18/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777467 | xxxxxx | 26925946 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-10-05): Client elects to waive |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777467 | xxxxxx | 26991409 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  |  |  | Reviewer Comment (2022-10-25): A PDI was provided. | 10/25/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777682 | xxxxxx | 26918955 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | FACTA Disclosure document not provided to the borrower within a reasonable timing. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777682 | xxxxxx | 26918956 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.70967% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.70967%). |  |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777682 | xxxxxx | 26918957 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization not provided to the borrower. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778155 | xxxxxx | 26920688 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  |  |  |  | Reviewer Comment (2022-10-12): Tax Certificate received , Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778155 | xxxxxx | 26920774 | xxxxxx | xxxxxx | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of xxxxxx is less than the note amount of xxxxxx based on the Preliminary in file. |  |  |  | Reviewer Comment (2022-10-13): Title Supplemental received with loan amount. Exception Cleared. | 10/13/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778155 | xxxxxx | 26932283 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The title reflects defaulted taxes that were not paid through closing. Provide evidence paid in full. |  |  | Reviewer Comment (2022-10-12): Tax Certificate received with evidence paid in full. , Exception Cleared | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26917968 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file to allow a 1 year PPP on an OH loan. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-06): Client elects to waive with verified compensation factors |  |  | 10/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26918266 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.46 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. | Investor exception in file, however there is no evidence of estimated rents in file. Exception will be re-reviewed upon receipt. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-21): Investor exception to be updated. DSCR is 0.46 vs 0.82.<br>Reviewer Comment (2022-10-21): Exception Explanation Updated from: Calculated Debt Service Coverage Ratio (Subject DSCR) of does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26918837 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Incorrect Appraisal Form type: Appraisal Form 1025/72 used for incorrect Subject property type. | Valuation Type: Appraisal / Valuation Report date: xxxxxx Multifamily | Appraisal dated prior to closing is incomplete and on the wrong form. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-06): Client elects to waive |  |  | 10/06/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932579 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the 12 month VOM for the borrower's primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-26): The client elects to waive.<br>Reviewer Comment (2022-10-12): This condition is for the borrower's current primary residence with xxxxxx and then will need the previous history on xxxxxx since only living in current primary for 6 months. |  |  | 10/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932586 | xxxxxx | xxxxxx | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided |  | Appraisal in file is incomplete. Please provide fully completed appraisal report. Further, the current report has conflicting information. Some pages say 4 units, the MLS and BPO provided say 8 units, etc. |  |  | Reviewer Comment (2022-10-21): Updated appraisal received. | 10/21/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932588 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided |  | There is no evidence of estimated rents in file. |  |  | Reviewer Comment (2022-10-21): Updated appraisal provided | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932605 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | The Operating Agreement for the Borrowing Entity is not executed. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-26): The client elects to waive. |  |  | 10/26/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932614 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Trust Agreement (Asset) not provided |  | Provide the Trust Agreement for the asset accounts. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932691 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The HOI address does not match the Note | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-13): The USPS nor the Address affidavit clear this. All documents must match.<br>Reviewer Comment (2022-10-12): The USPS does not clear this condition. All documents must match. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932694 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Cert address does not match the Note. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-12): The USPS does not clear this condition. All documents must match. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 777058 | xxxxxx | 26932698 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: BPO / Valuation Report date: xxxxxx | BPO address does not match the Note | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Credit Score 30+ points > minimum required | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-12): The USPS does not clear this condition. All documents must match. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778536 | xxxxxx | 26937166 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Power of Attorney (POA) not provided |  | Documents are executed by a POA. Further, POA must be specific and reflect an expiration date. |  |  | Reviewer Comment (2022-10-11): Exception is cleared Power of Attorney (POA) provided | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777843 | xxxxxx | 26919940 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The guidelines require a Verification of Rent on a xxxxxx acceptable form for all First Time Homebuyers. The borrower is a First Time Homebuyer and the file does not contain the require VOR. |  |  | Reviewer Comment (2022-10-27): A VOR was provided. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777843 | xxxxxx | 26920034 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | The file does not contain verification of the rate lock date. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777843 | xxxxxx | 26920035 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.33032% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.33032%). |  |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777843 | xxxxxx | 26920039 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID non-compliant: Missing Seller's Closing Disclosure. |  | The file contains a Preliminary Seller's Closing Disclosure; however, is missing the final Seller's Closing Disclosure. |  |  | Reviewer Comment (2022-10-05): The client elects to waive. |  |  | 10/05/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Good Faith Redisclosure C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778436 | xxxxxx | 26921420 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Closing Disclosure or HUD-1 does not reflect that an escrow account for taxes and insurance was established as required by guidelines. |  | The borrower does not meet the minimum credit score of 720 for an escrow waiver. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778808 | xxxxxx | 26922964 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | The Flood Certificate reflects the property address as xxxxxx; however, the Note reflects the property address as xxxxxx. |  |  | Reviewer Comment (2022-10-12): Updated flood cert provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778808 | xxxxxx | 26922966 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-13): CDA provided | 10/13/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Primary | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778808 | xxxxxx | 26923121 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-11): Receipt LOE provided | 10/11/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778808 | xxxxxx | 26923122 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.45390% or Final Disclosure APR of 8.45600% is in excess of allowable threshold of APOR 6.09% + 1.5%, or 7.59000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-11): Receipt LOE provided | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778808 | xxxxxx | 26923123 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-11): Receipt LOE provided | 10/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | D A C | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778517 | xxxxxx | 26926183 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | A FACTA Disclosure document was not provided to the borrower. |  |  | Reviewer Comment (2022-10-07): The client elects to waive. |  |  | 10/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778517 | xxxxxx | 26926185 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of homeownership counseling organization was not provided witha list update reflecting on the loan file. |  |  | Reviewer Comment (2022-10-07): The client elects to waive. |  |  | 10/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778517 | xxxxxx | 26928130 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx Tax Verification<br> Insurance Verification, Statement, Tax Verification | Missing Tax verification for the property at xxxxxx and Insurance verification, tax verification, and statement for the property at xxxxxx. |  |  | Reviewer Comment (2022-10-25): REO documents were provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778517 | xxxxxx | 26928219 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing twelve months mortgage history on the borrower's primary residence. |  |  | Reviewer Comment (2022-10-14): Property profile report in file for xxxxxx. Free and clear.<br>Reviewer Comment (2022-10-13): Documents provided are for the previous primary residence on xxxxxx. Per the Final 1003, borrower has been living and owns property on xxxxxx for 6 months. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776321 | xxxxxx | 26929026 | xxxxxx | xxxxxx | 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 $4,331.25 exceeds tolerance of $3,094.00. Insufficient or no cure was provided to the borrower. (7200) | The Loan Discount Points increased from $3,094.00 on the initial Loan Estimate to $4,331.25 on the initial Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-13): SitusAMC received a valid Changed Circumstance on xxxxxx . | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 776321 | xxxxxx | 26929096 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | The CDA report reflects the city as xxxxxx; however, the Note reflects the city as xxxxxx. |  |  | Reviewer Comment (2022-10-14): Corrected CDA provided | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 776321 | xxxxxx | 26929115 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 642 is less than Guideline representative FICO score of 660. | The guidelines require a score of 660 for the P&L Only program. The loan closed with a score of 642. The file contains an Investor exception. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Reserves exceed requirement by 10 months or more<br>Self-employed for > 10 years | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778999 | xxxxxx | 26924193 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance. |  | Evidence of Insurance is a binder with no policy number available. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-07): Client elects to waive |  |  | 10/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778999 | xxxxxx | 26924230 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Note/DOT + Riders shows subject's zip code as xxxxxx; EOI shows zip code of xxxxxx. |  |  | Reviewer Comment (2022-10-21): Documents are correct with the Note/DOT+ Riders being incorrect. See the revised condition. Documents provided were not acceptable. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778999 | xxxxxx | 26924242 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Note/DOT + Riders shows subject's zip code as xxxxxx; Flood Cert shows zip code of xxxxxx. |  |  | Reviewer Comment (2022-10-21): Documents are correct with the Note/DOT+ Riders being incorrect. See the revised condition. Documents provided were not acceptable. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778999 | xxxxxx | 26924248 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx , Valuation Type: Desk Review / Valuation Report date: xxxxxx | Note/DOT + Riders shows subject's zip code as xxxxxx; Appraisal and CDA shows zip code of xxxxxx. |  |  | Reviewer Comment (2022-10-21): Documents are correct with the Note/DOT+ Riders being incorrect. See the revised condition. Documents provided were not acceptable. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778999 | xxxxxx | 26937911 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Note/DOT + Riders shows subject's zip code as xxxxxx; CPL and Title shows subject's zip code as xxxxxx |  |  | Reviewer Comment (2022-10-21): Documents are correct with the Note/DOT+ Riders being incorrect. See the revised condition. Documents provided were not acceptable. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778999 | xxxxxx | 27013781 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Note/DOT+ Riders have the incorrect zip code of xxxxxx. Provide the following: Provide the full and corrected executed Note, DOT and all riders. Further, provide the LOE to borrower, evidence of delivery to borrower and the Lender's Letter of Intent to re-record. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-27): The client elects to waive.<br>Reviewer Comment (2022-10-24): The same document was provided that was previously provided. Please review the original condition for all of the cure provisions required. Provide the following: Provide the full and corrected executed Note, DOT and all riders. Further, provide the LOE to borrower, evidence of delivery to borrower and the Lender's Letter of Intent to re-record.<br>Reviewer Comment (2022-10-21): The same document was provided that was previously provided. Please review the original condition for all of the cure provisions required. |  |  | 10/27/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778481 | xxxxxx | 26924373 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-12): Approval provided | 10/12/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778481 | xxxxxx | 26937952 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. |  | The CPL address does not match the Note address. |  |  | Reviewer Comment (2022-10-13): Updated CPL provided | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778481 | xxxxxx | 26937957 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | Flood Cert address does not match the Note address. |  |  | Reviewer Comment (2022-10-13): Updated flood cert provided | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778481 | xxxxxx | 26937958 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | CDA address does not match the Note address. |  |  | Reviewer Comment (2022-10-17): Updated CDA provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 777714 | xxxxxx | 26929653 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided |  | The property is a xxxxxx and the file is missing the Condo Master Policy. |  |  | Reviewer Comment (2022-10-13): Condo Master Policy received, Exception Cleared | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777714 | xxxxxx | 26929983 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-14): Gap provided<br>Reviewer Comment (2022-10-13): Received duplicate credit report dated xxxxxx Need a gap credit or Undisclosed Debt Monitoring report no more than 10 days prior to loan closing or any time after closing. Exception remains. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777714 | xxxxxx | 26931000 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date xxxxxx , Disbursement date: xxxxxx | The policy starts on the disbursement date. |  |  | Reviewer Comment (2022-11-04): Updated policy provided<br>Reviewer Comment (2022-10-13): xxxxxx is a Wet Funding State vs. Dry. Policy needed to be in effect at time of closing | 11/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26931255 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The guidelines require the employer's telephone to be independently verified within 10 business days of the closing as part of the Verbal Verification of Employment process. The file contains an internet search; however, it is not dated to verify the search was performed within the timeframe required. |  |  | Reviewer Comment (2022-10-14): Search provided dated prior to closing | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26931304 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The file contains a credit supplement that verifies the borrower's rental history for 11 months; however, the guidelines require a full 12 month housing history. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-19): Per the 1003, the borrower has lived in the primary residence for 2 years. Guidelines require a 12 month reporting history. The supplement already reflects 1x30 which means the late already occurred within the past 11 months. Provide the updated supplement with a 12 month reporting history. |  |  | 10/21/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26931406 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.03166% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .03166%). |  |  |  | Reviewer Comment (2022-10-10): Client elects to waive |  |  | 10/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26931417 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | The hazard insurance policy reflects the location of premises as xxxxxx; however, the Note reflects the address as xxxxxx. |  |  | Reviewer Comment (2022-10-18): Corrected HOI provided - xxxxxx Dry state<br>Reviewer Comment (2022-10-17): The document provided is dated post closing and not acceptable. Provide the corrected pre close document. | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26931461 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Asset Documentation not provided |  | The guidelines require documentation that the Stock/Bonds/Mutual Funds have been liquidated when using for closing. The borrower has a stock account that is being used for closing funds; however, the file is missing the liquidation documentation. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-17): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-14): The document provided states the borrower received a copy of the appraisal 3 days prior to closing. This is for the origination appraisal (also based on print date of disclosure). The updated appraisal cannot be received 3 days prior to closing as it was competed post close. It is irrelevant what the updates were for. The updated appraisal needs to be sent to the borrower. |  |  | 10/17/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26945557 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The appraisal acknowledgment in file has a document date of xxxxxx 2 and verifies delivery of appraisal within 3 business days of closing. This is for the origination appraisal with a completion date of xxxxxx . Provide evidence the xxxxxx appraisal was delivered to the borrower. |  |  | Reviewer Comment (2022-10-10): Client elects to waive |  |  | 10/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26945558 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.84830% or Final Disclosure APR of 7.86000% is in excess of allowable threshold of APOR 5.95% + 1.5%, or 7.45000%. Non-Compliant Higher Priced Mortgage Loan. | The appraisal acknowledgment in file has a document date of xxxxxx 2 and verifies delivery of appraisal within 3 business days of closing. This is for the origination appraisal with a completion date of xxxxxx . Provide evidence the xxxxxx appraisal was delivered to the borrower. |  |  | Reviewer Comment (2022-10-21): Appraisal delivery received and acknowledged updated appraisal not received within 3 business days of closing. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26945559 | xxxxxx | xxxxxx | 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 xxxxxx | The appraisal acknowledgment in file has a document date of xxxxxx 2 and verifies delivery of appraisal within 3 business days of closing. This is for the origination appraisal with a completion date of xxxxxx . Provide evidence the xxxxxx appraisal was delivered to the borrower. |  |  | Reviewer Comment (2022-10-21): Appraisal delivery received and acknowledged updated appraisal not received within 3 business days of closing.<br>Reviewer Comment (2022-10-20): The document provided was checked the appraisal was "not received". Provide the actual mailing or email delivery of the appraisal to the borrower.<br>Reviewer Comment (2022-10-14): The document provided states the borrower received a copy of the appraisal 3 days prior to closing. This is for the origination appraisal (also based on print date of disclosure). The updated appraisal cannot be received 3 days prior to closing as it was competed post close. It is irrelevant what the updates were for. The updated appraisal needs to be sent to the borrower. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 26945560 | xxxxxx | xxxxxx | 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 xxxxxx | The appraisal acknowledgment in file has a document date of xxxxxx 2 and verifies delivery of appraisal within 3 business days of closing. This is for the origination appraisal with a completion date of xxxxxx . Provide evidence the xxxxxx appraisal was delivered to the borrower. |  |  | Reviewer Comment (2022-10-21): Appraisal delivery received and acknowledged updated appraisal not received within 3 business days of closing.<br>Reviewer Comment (2022-10-14): The document provided states the borrower received a copy of the appraisal 3 days prior to closing. This is for the origination appraisal (also based on print date of disclosure). The updated appraisal cannot be received 3 days prior to closing as it was competed post close. It is irrelevant what the updates were for. The updated appraisal needs to be sent to the borrower. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | 27014542 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-10-21): Client elects to waive |  |  | 10/21/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778476 | xxxxxx | 26946006 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Internet Search | The guidelines require the employer's telephone to be independently verified within 10 business days of the closing as part of the Verbal Verification of Employment process. The file contains an internet search; however, it is not dated to verify the search was performed within the timeframe required. |  |  | Reviewer Comment (2022-10-14): Dated search provided prior to closing | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778476 | xxxxxx | 26946027 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Credit report must not show employer's name other than current employment. If other name appears, LOE from borrower with start/termination date is required for all other employments. |  |  | Reviewer Comment (2022-10-19): LOE provided<br>Reviewer Comment (2022-10-17): The xxxxxx with xxxxxx and xxxxxx and xxxxxx with xxxxxx do not have start and end dates. The guidelines are specific in saying if the credit report reflects any other employers besides the current employer, an LOE from the borrower with start/end dates is required. | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778638 | xxxxxx | 26944591 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the borrower's primary residence. |  |  | Reviewer Comment (2022-10-14): Satisfication of Mortgage(Doc id# C0231) is provided in file. Hence, the condition is cleared.<br>Reviewer Comment (2022-10-14): As per fraud report the property was sold on xxxxxx and has an active mortgage with loan amount xxxxxx. Provide VOM to verify the mortgage on the property. Exception remains. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778638 | xxxxxx | 26944602 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  |  |  |  | Reviewer Comment (2022-10-14): Lease agreement provided | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778638 | xxxxxx | 26944609 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | The Business Purpose Cert in file is not completed. (i.e. where loan amount should be just says "Loan Amount", etc). Document must have all fields appropriately completed. |  |  | Reviewer Comment (2022-10-14): Updated BP Cert provided | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778203 | xxxxxx | 26938556 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Provide evidence the borrower received a copy of the appraisal within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-11): Client elects to waive |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26938557 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.86760% or Final Disclosure APR of 8.87400% is in excess of allowable threshold of APOR 5.95% + 2.5%, or 8.45000%. Non-Compliant Higher Priced Mortgage Loan. | Provide evidence the borrower received a copy of the appraisal within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-14): SitusAMC received confirmation of Saturday as business day<br>Reviewer Comment (2022-10-13): Delivery provided reflects xxxxxx . Loan closed xxxxxx which is < 3 business days prior to closing. Sunday is not counted in the timing requirements. Saturday can only be counted if evidence is provided by the lender's compliance department that they are open for business on Saturday. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26938558 | xxxxxx | xxxxxx | 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 xxxxxx | Provide evidence the borrower received a copy of the appraisal within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-14): SitusAMC received confirmation of Saturday as business day<br>Reviewer Comment (2022-10-13): Delivery provided reflects xxxxxx . Loan closed xxxxxx which is < 3 business days prior to closing. Sunday is not counted in the timing requirements. Saturday can only be counted if evidence is provided by the lender's compliance department that they are open for business on Saturday. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26938559 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.52431% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .52431%). |  |  |  | Reviewer Comment (2022-10-11): Client elects to waive |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26938561 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | Texas Constitution Section 50(a)(6): Acceptable xxxxxx title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.) |  |  |  | Reviewer Comment (2022-10-11): Client elects to waive |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26938567 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date xxxxxx , Note Date xxxxxx | The policy in file only covers < 2 months. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors |  |  | 10/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778203 | xxxxxx | 26985891 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,589.63 exceeds tolerance of $850.00 plus 10% or $935.00. Insufficient or no cure was provided to the borrower. xxxxxx | The provided cure of $1610.63 should be $1654.63. The cure is $44 short. Please provide PCCD, LOE, copy of refund check and proof of mailing to cure. |  |  | Reviewer Comment (2022-10-25): SitusAMC received Post CD ,LOX, Copy of Refund check and Proof of mailing,<br>Reviewer Comment (2022-10-21): Survey fee (included in 10% Tolerance) increased on xxxxxx CD. xxxxxx COC in file does not provide any valid reason. Cure of $1610.63 was reflected on the CD issued xxxxxx which is insufficient to cure the required amount of $1654.63. Provide a Corrected CD, a copy of the refund check for remaining cure of $44, Proof of mailing, and a letter of explanation sent to the borrower disclosing the changes made. |  | 10/25/2022 |  | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26936448 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-13): Gap report provided | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26936615 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 546 is less than Guideline representative FICO score of 600. | The xxxxxx Standard Documentation guidelines require a score of 600. The loan closed with a score of 546. The file contains an Investor exception; however, the exception incorrectly states that the minimum required score is 580. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 2 months or more<br>Employed at same job > 10 years<br>Employed at same job > 10 years | Reviewer Comment (2022-10-13): Client elects to waive with verified compensation factors |  |  | 10/13/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26936633 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 9.91380% or Final Disclosure APR of 9.90700% is in excess of allowable threshold of APOR 5.73% + 1.5%, or 7.23000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-10-10): Client elects to waive |  |  | 10/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26936634 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | The Final Closing Disclosure reflects the Finance Charge as $315,938.43; however, the calculated Finance Charge is $316,063.43. The difference appears to be due to the Lender not including the Title - Title Opinion Letter of $125.00 in the Finance Charge. |  |  | Reviewer Comment (2022-10-31): SitusAMC received Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission<br>Reviewer Comment (2022-10-27): SitusAMC received letter from borrower confirming receipt of the $125 cure for underdisclosure. We are still awaiting the proof of reopening of rescission, as noted on previous comment, to finalize cure.<br>Reviewer Comment (2022-10-24): SitusAMC received Corrected CD, LOE, tracking number and LOE that no check copy available. As this is a material disclosure violation we must be provided the following items to finalize the cure: 1) copy of the cancelled cure refund check to borrower for $125 or letter from borrower confirming they received a refund check from lender, the date and amount if no copy of check is available and 2) Reopening of rescission as this was a rescindable transaction. |  | 10/31/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26936635 | xxxxxx | xxxxxx | 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 $172.00 exceeds tolerance of $86.00. Sufficient or excess cure was provided to the borrower at Closing. (7520) |  |  |  | Reviewer Comment (2022-10-07): Sufficient Cure Provided At Closing |  | 10/07/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | 26945787 | xxxxxx | xxxxxx | Compliance | Compliance | Miscellaneous Compliance | Missing Non-Required Data | Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. | Date Issued: xxxxxx Title - Insurance Binder Fee | Payee was not reflected |  |  | Reviewer Comment (2022-10-10): Client elects to waive |  |  | 10/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938014 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-17): Gap report provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938065 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) is incomplete |  | The guidelines require alternative documentation showing the most recent 6-month history (cancelled checks, mortgage statements including payment history, etc.) when the VOM is completed by a private-party Seller. The VOM provided is completed by a private-party Seller; however, the file does not contain the required alternative documentation supporting the VOM. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-04): Per the LOE the borrower made cash deposits into an account that cannot be verified. An excel ledger is not acceptable. An investor exception will be required.<br>Reviewer Comment (2022-10-19): The documents provided are not acceptable. The first one is an amortization schedule vs a payment history and the other document is ledger, not signed nor dated, in excel/word document for deposits. The guidelines require 6 months cancelled checks, bank statements or mortgage statements including a payment history. |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938315 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. | The Fair Market Value Acknowledgment was not signed by the Lender. If the document is executed post closing, cure provisions of LOE to borrower and evidence of delivery of lender signed disclosure will be required. |  |  | Reviewer Comment (2022-10-17): Executed document provided | 10/17/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938316 | xxxxxx | xxxxxx | 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 $3,120.00 exceeds tolerance of $2,640.00. Insufficient or no cure was provided to the borrower. (7200) | The Loan Discount Points increased from $2,640.00 on the initial Loan Estimate to $3,120.00 on the initial Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-18): SitusAMC received valid COC dated xxxxxx . | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938317 | xxxxxx | xxxxxx | 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 $925.00 exceeds tolerance of $750.00. Insufficient or no cure was provided to the borrower. (7506) | The Appraisal Fee increased from $750.00 on the initial Loan Estimate to $925.00 on the final Closing Disclosure without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-18): Sufficient cure provided at closing. | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938318 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-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). | The Notice of Right to Cancel reflects the the expiration date as xxxxxx ; however, the actual expiration date should be xxxxxx . |  |  | Reviewer Comment (2022-10-21): Delivery received<br>Reviewer Comment (2022-10-19): Received re-executed RTC form re-opening rescission. Pending receipt of LOE to borrower. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 B C | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938340 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-17): Cleared Fraud Report provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26938348 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The borrower has had 9 NSF occurrences in the last 12-month period. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26945924 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-10-10): Client elects to waive |  |  | 10/10/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26945925 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.79310% or Final Disclosure APR of 8.82100% is in excess of allowable threshold of APOR 5.28% + 1.5%, or 6.78000%. Non-Compliant Higher Priced Mortgage Loan. | The delivery in file is dated xxxxxx , however the appraisal was not completed until xxxxxx . The appraisal cannot be delivered prior to completion. |  |  | Reviewer Comment (2022-10-21): Delivery received | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26945926 | xxxxxx | xxxxxx | 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 xxxxxx | The delivery in file is dated xxxxxx , however the appraisal was not completed until xxxxxx . The appraisal cannot be delivered prior to completion. |  |  | Reviewer Comment (2022-10-21): Delivery received | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | D B C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | 26990648 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $925.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower at Closing. (7506) | Sufficient cure provided at closing. |  |  | Reviewer Comment (2022-10-18): Sufficient Cure Provided At Closing |  | 10/18/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Final CD evidences Cure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777480 | xxxxxx | 26954299 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided |  | The document in file has the incorrect loan amount. |  |  | Reviewer Comment (2022-10-14): Updated cert provided | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 778852 | xxxxxx | 26954463 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Investor exception in file. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-10-11): Client elects to waive with verified compensation factors |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778852 | xxxxxx | 26954483 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Investor for no VOM on primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines<br>Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-10-11): Client elects to waive with verified compensation factors |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778852 | xxxxxx | 26954489 | xxxxxx | xxxxxx | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. |  | City does not match the Note |  |  | Reviewer Comment (2022-10-13): Updated flood cert provided | 10/13/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776185 | xxxxxx | 26948766 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, minimum square footage for a condominium is 500 square feet. Per appraisal, subject is xxxxxx, which does not meet the minimum guideline requirement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-17): Client elects to waive with verified compensation factors |  |  | 10/17/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776185 | xxxxxx | 26948831 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Lease agreement for subject property was not provided. |  |  | Reviewer Comment (2022-10-21): Per guidelines, if a lookback cannot be provided, the property will be considered unleased with a 5% LTV deduction. 5% LTV deduction applied.<br>Reviewer Comment (2022-10-19): The document provided is vacation rental agreement. Provide the 12 month look back.<br>Reviewer Comment (2022-10-19): No new documents uploaded for this condition. Please try uploading again. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 776185 | xxxxxx | 26956683 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Delayed Financing: The maximum LTV/CLTV ratio for the transaction is based upon the lower of the current appraised value or the property's purchase price plus documented improvements. Documented improvements were not provided and Lender utilized appraised value. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-18): Per the Amres guidelines dated 8.2022, seasoning is determined based on the difference between the application date of the new loan and prior financing note date or date of purchase. Purchased xxxxxx and application date is xxxxxx. (< 6 months). Unless property is delayed financing, C/O seasoning < 6 months is only allowed for inheritances or properties awarded through a divorce. |  |  | 10/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777059 | xxxxxx | 26944601 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The borrower is a Non-Permanent Resident Alien and did not meet guides. |  | Non perm resident alien doesn't have a valid Visa. Investor exception in file allowing C33 EAD for program. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | DSCR > 1.30 | Reviewer Comment (2022-10-11): Client elects to waive with verified compensation factors |  |  | 10/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777059 | xxxxxx | 26944822 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Unit xxxxxx Lease missing from file |  |  | Reviewer Comment (2022-10-14): Unit xxxxxx lease provided | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777059 | xxxxxx | 26954519 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003. Borrower is a Non-Perm Resident vs. US citizen. |  |  | Reviewer Comment (2022-10-14): Updated 1003 provided<br>Reviewer Comment (2022-10-14): No new documents were provided. Please try uploading again. | 10/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777604 | xxxxxx | 26945789 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx VVOE - Employment Only | Per the guidelines, a VVOE must be obtained within 10 business days of closing. The closing date of the subject loan was xxxxxx , and the VVOE would be required to be completed on or before xxxxxx ; however, the VVOE provided was completed xxxxxx . This is more than 10 business days after closing. |  |  | Reviewer Comment (2022-10-17): VVOE provided within 10 business days of closing (guidelines do not state prior to, only within). | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777604 | xxxxxx | 26945898 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | The FACTA disclosure in file is dated the same day as closing. |  |  | Reviewer Comment (2022-10-12): Client elects to waive |  |  | 10/12/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777604 | xxxxxx | 26945902 | xxxxxx | xxxxxx | 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 Extension Fee. Fee Amount of $1,099.39 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7349) | Zero percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-10-18): SitusAMC received a valid Changed Circumstance on xxxxxx .<br>Reviewer Comment (2022-10-17): SitusAMC: Lock Extension fee is added on CD dated xxxxxx COC for Lock extension in the file is dated xxxxxx A valid COC for addition of Lock extension fee on xxxxxx or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778910 | xxxxxx | 26956820 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: 1003 Final not provided |  | The signed application was not provided for xxxxxx. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-02): The signature on application not for xxxxxx cannot be taken in conjunction with an unexecuted application completed for xxxxxx. Provide the fully completed application for xxxxxx which is executed.<br>Reviewer Comment (2022-11-01): The application provided is not signed and dated by xxxxxx<br>Reviewer Comment (2022-10-17): The application does not provide any information for xxxxxx. A fully completed and executed application is required for this Guarantor. |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779031 | xxxxxx | 26948192 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided |  |  |  |  | Reviewer Comment (2022-10-21): Rider provided | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779031 | xxxxxx | 26948193 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - Condo not provided |  |  |  |  | Reviewer Comment (2022-10-21): Rider provided | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779031 | xxxxxx | 26949816 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.97 is less than Guideline PITIA months reserves of 6.00. |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-02): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-28): Per the final CD, the borrower paid the HOI premium outside of closing in the amount of $873.00, which is the difference in seller's cash to close calculation and the DD firms calculations. Borrower has 5.97 months of reserves remaining after cash to close and is short the required 6 months. Please provide evidence of HOI premium paid by borrower outside of closing or additional assets to meet reserve requirements.<br>Reviewer Comment (2022-10-17): The EMD was included in the total amount for funds to close. Verified assets are $205,334.34 (including EMD and POCB for $635 with a paid invoice). Total funds to close are $181,839.42 (cash to close is calculated as funds to close + EMD + POCB fees + any adjustments/gifts/exchange funds on page 3 of the Final CD). Borrower is short funds for reserves. |  |  | 11/02/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779031 | xxxxxx | 26949872 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-10-12): Client elects to waive |  |  | 10/12/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779031 | xxxxxx | 26949873 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | The signed Notice is dated the same day as the subject loan closing. |  |  | Reviewer Comment (2022-10-12): Client elects to waive |  |  | 10/12/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 776986 | xxxxxx | 26954132 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | ACH was missing from file. |  | Automatic Payment Authorization (ACH) Form is required. Funds must be from a xxxxxx Form must include the bank routing number, account number, and account type. |  |  | Reviewer Comment (2022-10-26): ACH document received , Exception Cleared | 10/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776986 | xxxxxx | 26956516 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There is a PPP rider to the DOT in file, however the DOT does not reflect the Other Box and PPP rider. Provide the corrected page of the DOT to include the PPP rider, LOE to borrower, evidence of delivery to the borrower and Lender's Letter of Intent to Re-Record. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-21): Client elects to waive with verified compensation factors |  |  | 10/21/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776986 | xxxxxx | 26956518 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | Document in file is blank and does not reflect the EIN | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-02): Lender would like to waive<br>Reviewer Comment (2022-10-31): Condition remains. Per the lender's 9/2022 guidelines, under LLC documents required, shows Tax Identification Number. Does not state xxxxxx are excluded from this.<br>Reviewer Comment (2022-10-26): EIN not provided. |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776986 | xxxxxx | 26956543 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Credit | Guideline Issue: Insufficient tradelines per credit guidelines |  | Tradelines with US Credit: Minimum 2 reporting for 24-months or 3 reporting for 12-months. Borrower has 1 open and active tradeline reporting for 47 months. |  |  | Reviewer Comment (2022-10-31): Client requested re-review to 9/2022 lender guidelines. Per guidelines, no minimum tradelines required for xxxxxx.<br>Reviewer Comment (2022-10-26): Loan was reviewed to July 2022 guidelines per investor. Exception remains open. | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776986 | xxxxxx | 26956546 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | The Borrower Contact Consent Form is required. |  |  | Reviewer Comment (2022-10-26): Borrower Contact form received. Exception Cleared. | 10/26/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 776986 | xxxxxx | 26956558 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Borrower must provide a third-party document with an address that matches the primary residence on the application e.g., lease agreement, utility bill, financial statement. |  |  | Reviewer Comment (2022-10-31): Client requested re-review to 9/2022 lender guidelines. Condition no longer applies.<br>Reviewer Comment (2022-10-26): Loan was reviewed to July 2022 guidelines per investor. Exception remains open. | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778404 | xxxxxx | 26948342 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The gap report in the file is dated xxxxxx , which was more than 10 days old at the time of closing. |  |  | Reviewer Comment (2022-10-17): Gap provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948473 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-13): Client elects to waive |  |  | 10/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948475 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.57070% or Final Disclosure APR of 8.63800% is in excess of allowable threshold of APOR 5.95% + 1.5%, or 7.45000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-17): Appraisal delivery provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948476 | xxxxxx | xxxxxx | 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. | The loan does not meet the Safe Harbor requirements due to the appraisal report shows a different lender than what is on the note. |  |  | Reviewer Comment (2022-10-13): Client elects to waive |  |  | 10/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948477 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-17): Appraisal delivery provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948478 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on xxxxxx , prior to three (3) business days from transaction date of xxxxxx . | The Final CD reflects a disbursement date f xxxxxx , however the RTC expiration date is xxxxxx Provide the Final stamped/signed settlement statement to verify actual disbursement date. |  |  | Reviewer Comment (2022-10-19): Final SS provided verifying disbursement date of xxxxxx <br>Reviewer Comment (2022-10-17): The Final Settlement Statement provided is not signed/stamped certified by the title agent | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | 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 | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26948488 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Commitment |  |  |  | Reviewer Comment (2022-10-17): FTP provided | 10/17/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26975811 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide a clear title policy. IRS Federal Tax Lien on title does not appear to be the same as the IRS installment loan paid through closing. |  |  | Reviewer Comment (2022-10-17): Cleared FTP provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778404 | xxxxxx | 26988674 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The Final Title Policy submitted post-review reflects a PUD endorsement, however per the appraisal, property is not located in a PUD. |  |  | Reviewer Comment (2022-10-19): Supplement to FTP provided | 10/19/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949310 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The fraud report shows the borrower has ownership in xxxxxx; however, the file does not contain any documentation to exclude this property. The fraud report reflects the borrower sold the property on xxxxxx ; however, the borrower is still listed as the current owner as of xxxxxx . If the borrower sold the property, please provide supporting documentation. |  |  | Reviewer Comment (2022-10-17): Property profile report provided reflects sold xxxxxx and not a vested owner. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949437 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Official Check not provided |  | The file contains a gift letter in the amount of $138,800.01. Guidelines require the lender to document that the donor gave the closing agent the gift funds in the form of a certified check, a cashier's check, or other official check when the gifts are provided to the closing agent; however, the file does not contain the required official check and the final Closing Disclosure does not reflect the borrower received gifts. |  |  | Reviewer Comment (2022-10-26): Assets documentation has been verified accordingly.<br>Reviewer Comment (2022-10-19): Updated gift letter and wire received for $245,000. However, 2 more wires were provided for $56,800.01 and $20,000 originator of xxxxxx, however gift letters were not provided for these two wires.<br>Reviewer Comment (2022-10-17): The 1008 stating gift funds were wired is not sufficient to clear this condition. Provide the wire funds for the gift. | 10/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949474 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-17): Gap report provided | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949639 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-17): Attestation received that the lender is open for business on Saturdays along with appraisal delivery received. | 10/17/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949640 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.68540% or Final Disclosure APR of 8.69200% is in excess of allowable threshold of APOR 6.09% + 2.5%, or 8.59000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation |  |  | Reviewer Comment (2022-10-17): Attestation received that the lender is open for business on Saturdays along with appraisal delivery received. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949641 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-17): Attestation received that the lender is open for business on Saturdays along with appraisal delivery received. | 10/17/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949642 | xxxxxx | xxxxxx | 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 Transfer Tax. Fee Amount of $4,970.00 exceeds tolerance of $3,320.00. Sufficient or excess cure was provided to the borrower at Closing. (8304) |  |  |  | Reviewer Comment (2022-10-11): Sufficient Cure Provided At Closing |  | 10/11/2022 |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | Final CD evidences Cure A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | 26949659 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx HOA Verification | The borrower has ownership in the property located at xxxxxx. The fraud report confirms the property is a xxxxxx; however, the file is missing evidence of the HOA dues. |  |  | Reviewer Comment (2022-10-26): Evidence of the HOA payment amount was provided.<br>Reviewer Comment (2022-10-21): No new documents were provided. Please try uploading again. Further, please see comments from xxxxxx . The HOA statements and Note are required for the property.<br>Reviewer Comment (2022-10-19): The LOE is not sufficient. Vested owners are responsible for property expenses on the property. Further, the Note was not provided for said property, therefore it is unknown if the borrower is obligated. A mortgage statement does not always reflect all owners.<br>Reviewer Comment (2022-10-17): Neither document provided evidences HOA dues. Only T&I are escrowed on the mortgage statement. | 10/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778359 | xxxxxx | 26950980 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-10-19): FTP provided | 10/19/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778359 | xxxxxx | 26976260 | xxxxxx | xxxxxx | 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 (2022-10-19): FTP provided | 10/19/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778359 | xxxxxx | 26976263 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The HOI does not reflect the Trust as insured. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-21): Vesting on the DOT means the loan closed in Trust secured by the Trustee. The HOI must also reflect the Trust as insured and this is an investor requirement on all loans.<br>Reviewer Comment (2022-10-18): The loan closed in a Trust per the DOT, not an individual. The HOI must reflect the Trust as insured. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778315 | xxxxxx | 26949515 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx | Subject property is located in a FEMA disaster area and a post disaster inspection was not provided in the loan file. | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-13): Client elects to waive. PDI received dated xxxxxx No Damage |  |  | 10/13/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A |  | N/A | No | Property Focused |
| xxxxxx | 779104 | xxxxxx | 26977515 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Lender qualified off the lease amounts for DSCR which exceed 120% of the estimated market rents as well as only 1 month was provided for rent receipts for $4,000 (the other two leases have 2 months receipt in file). |  |  | Reviewer Comment (2022-10-21): See revised condition per investor. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779104 | xxxxxx | 27032418 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | DSCR < 1.00, C/O transaction, FICO 700+, loan amount <$1MIL, max LTV is 70%. Lease rents cannot be utilized due to exceeds 120% of estimated market rents. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. |  | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors |  |  | 10/24/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777897 | xxxxxx | 26957980 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Per guidelines, when borrower is purchasing from landlord, 24 months canceled checks are required. Per the lease provided, borrower has rented current residence since xxxxxx 20, which is 1 year, 10 months. Loan file contains investor exception request for not residing in the property for 24 months; however, file is missing several months of canceled checks. Please provide canceled checks for the following months: 9/2022, 3/2021, 2/2021, 1/2021 and xxxxxx 20 in order for the exception request to be granted. |  |  | Reviewer Comment (2022-10-21): Received payment receipt reflecting rent of $2.425 for Sept 2022. Also, received payment history from xxxxxx reflecting rental payments from xxxxxx to xxxxxx Documents attached. Exception cleared.<br>Reviewer Comment (2022-10-17): Pending receipt of 9/2022 payment. Per guidelines, up to most recent month proceeding the Note date of history is required. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777897 | xxxxxx | 26958274 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.89607% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.89607%). |  |  |  | Reviewer Comment (2022-10-13): Client elects to waive |  |  | 10/13/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777897 | xxxxxx | 26958276 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,936.95 exceeds tolerance of $1,642.00 plus 10% or $1,806.20. Insufficient or no cure was provided to the borrower. xxxxxx | Ten percent fee tolerance exceeded. |  |  | Reviewer Comment (2022-10-26): SitusAMC Received corrected PCCD dated xxxxxx along with copy of check, Proof of mailing and LOE.<br>Reviewer Comment (2022-10-19): SitusAMC received Changed Circumstances, but it does not give sufficient information on why the Title - Settlement fee, Title - CPL fee and Title - Insurance Binder fee was increased. On CDs all title fee are disclosed under section B so they tested under 10% tolerance. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase/added and when lender became aware of the change. A valid Changed Circumstance or cure requirements of Corrected CD, LOE to borrower, proof of mailing and copy of refund check are required. |  | 10/26/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978853 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-19): Gap provided | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978876 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file contains a copy of the Homeownership Counseling List; however, the document does not verify that the list date was updated with in the last 30 days. |  |  | Reviewer Comment (2022-10-14): Client elects to waive |  |  | 10/14/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978887 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-10-19): FTP provided | 10/19/2022 |  |  | 1 A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978890 | xxxxxx | xxxxxx | 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 (2022-10-19): FTP provided | 10/19/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978904 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-19): Clearance report provided | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778143 | xxxxxx | 26978905 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Account Statements | The loan file contains payment histories for the rental properties; however, this document is a printout provided by the borrower for their own records and is not sufficient to meet the requirement for two months of proof of receipt of the rental income. Account statements verifying two months of receipt of rental income is required for all investment properties. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-10-31): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-31): The coupon provided reflects arrears rent for May and prospective rent for June. Copy of check provided. Need evidence of deposit or cancelled check for $6,625<br>Reviewer Comment (2022-10-28): Reviewed all documents received; however, still missing evidence of 2 months' receipt of rent payments for the REO on xxxxxx.<br>Reviewer Comment (2022-10-28): Exception Detail Updated from: Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx, Address: xxxxxx<br> Exception Explanation Updated from: Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br> Account Statements<br>Reviewer Comment (2022-10-21): If the updated leases are not provided, we cannot assume rent increases. Also, per comments on xxxxxx : The documents provided are not sufficient. The bank statements only reflect external deposits from Apt. com does not list what properties these are for as well as the lender's comments on the bank statements for each property do not match up to the lease amounts. It should also be noted that all properties are not accounted for that are utilizing rental income to qualify. Investor can elect to waive.<br>Reviewer Comment (2022-10-19): The documents provided are not sufficient. The bank statements only reflect external deposits from Apt. com does not list what properties these are for as well as the lender's comments on the bank statements for each property do not match up to the lease amounts. It should also be noted that all properties are not accounted for that are utilizing rental income to qualify. Investor can elect to waive. |  |  | 10/31/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779137 | xxxxxx | 26980056 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided |  |  |  |  | Reviewer Comment (2022-10-18): Flood Cert provided | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779137 | xxxxxx | 26980082 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-18): Approval provided | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779137 | xxxxxx | 26980120 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-18): DI received dated xxxxxx : No Damage |  |  | 10/18/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779137 | xxxxxx | 26982638 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Provide the Borrower's VISA. |  |  | Reviewer Comment (2022-10-18): Passport is xxxxxx issued. xxxxxx is on the Visa Waiver list. | 10/18/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777299 | xxxxxx | 26987086 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-21): Received fraud report addressing all red flags. Exception cleared. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778308 | xxxxxx | 26979240 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-19): Approval provided | 10/19/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26979261 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The guidelines for a First Time Home Buyer requires the property to be a primary residence. The loan closed with the property occupancy as second home. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br>Residual income 2.5x the amount required by guidelines | Reviewer Comment (2022-10-19): Client elects to waive with verified compensation factors |  |  | 10/19/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26979292 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | The guidelines do not allow rural properties. The appraisal report confirmst he property is located in a rural area. The file contains an investor exception. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br>Residual income 2.5x the amount required by guidelines | Reviewer Comment (2022-10-17): Client elects to waive with verified compensation factors |  |  | 10/17/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26979864 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The 1003 reflects the borrower rents their primary residence. The file is missing verification of the primary rental history. |  |  | Reviewer Comment (2022-10-20): VOR and bank statements with payments provided | 10/20/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980013 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 53.91972% exceeds Guideline total debt ratio of 45.00000%. | The borrower is a First Time Home Buyer which allows for a DTI of 45%. The verified DTI is 53.91%. The rate lock reflects the Lender qualified the loan at 35.906%. The increase in DTI appears to be due to the Lender used a P&L from a CPA that has not prepared the borrower's tax returns. The file does contain P&L from a CPA that has completed the borrower's tax returns that reflects a lower net income than the P&L from the CPA that has not completed the borrower's tax returns. |  |  | Reviewer Comment (2022-10-24): Investor is granting an exception to add back in salary and depreciation to P&L qualifying method of Net Income only per guidelines.<br>Reviewer Comment (2022-10-21): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 53.41018% exceeds Guideline total debt ratio of 45.00000%.<br>Reviewer Comment (2022-10-19): The same documents were provided that were in file at time of review. The xxxxxx P&L was the one utilized to qualify. It appears the lender utilized the figures from the P&L from the preparer that did not prepare the borrower's taxes. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980027 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.68204% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx.00 vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .68204%). |  |  |  | Reviewer Comment (2022-10-17): Client elects to waive |  |  | 10/17/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980028 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan does not meet the Loan Designation of Non QM due to the borrower is a First Time Home Buyer which allows for a DTI of 45%. The verified DTI is 53.91%. |  |  | Reviewer Comment (2022-10-24): Investor is granting an exception to add back in salary and depreciation to P&L qualifying method of Net Income only per guidelines.<br>Reviewer Comment (2022-10-19): The same documents were provided that were in file at time of review. The xxxxxx P&L was the one utilized to qualify. It appears the lender utilized the figures from the P&L from the preparer that did not prepare the borrower's taxes. | 10/24/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation C B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980029 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Guidelines | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan does not meet the ATR requirements due to the borrower is a First Time Home Buyer which allows for a DTI of 45%. The verified DTI is 53.91%. |  |  | Reviewer Comment (2022-10-24): Investor is granting an exception to add back in salary and depreciation to P&L qualifying method of Net Income only per guidelines.<br>Reviewer Comment (2022-10-19): The same documents were provided that were in file at time of review. The xxxxxx P&L was the one utilized to qualify. It appears the lender utilized the figures from the P&L from the preparer that did not prepare the borrower's taxes. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980030 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 53.91972% significantly exceeds the guideline maximum of 45.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | The borrower is a First Time Home Buyer which allows for a DTI of 45%. The verified DTI is 53.91%. The rate lock reflects the Lender qualified the loan at 35.906%. The increase in DTI appears to be due to the Lender used a P&L from a CPA that has not prepared the borrower's tax returns. The file does contain a P&L from a CPA that has completed the borrower's tax returns that reflects a lower net income than the P&L from the CPA that has not completed the borrower's tax returns. |  |  | Reviewer Comment (2022-10-24): Investor is granting an exception to add back in salary and depreciation to P&L qualifying method of Net Income only per guidelines.<br>Reviewer Comment (2022-10-21): Exception Detail Updated from: Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 53.41018% significantly exceeds the guideline maximum of 45.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)<br>Reviewer Comment (2022-10-19): The same documents were provided that were in file at time of review. xxxxxx P&L was the one utilized to qualify. It appears the lender utilized the figures from the P&L from the preparer that did not prepare the borrower's taxes. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980031 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file is missing a copy of the Homeownership Counseling List. |  |  | Reviewer Comment (2022-10-17): Client elects to waive |  |  | 10/17/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26980032 | xxxxxx | xxxxxx | 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 $1,500.00 exceeds tolerance of $1,250.00. Insufficient or no cure was provided to the borrower. (7506) | The Appraisal Report increased from xxxxxx on the initial Loan Estimate to xxxxxx on the Loan Estimate dated xxxxxx without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-25): SitusAMC Received PCCD, LOE, Refund Check and proof of Mailing |  | 10/25/2022 |  | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 26987884 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | The P&L completed by xxxxxx is not signed and dated by the CPA. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br>Residual income 2.5x the amount required by guidelines | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-19): This is a guideline requirement. The CPA must signed and dated the P&L's. |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778308 | xxxxxx | 27037019 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor is granting an exception to add back in salary and depreciation to P&L qualifying method of Net Income only per guidelines. xxxxxx ystubs were also not provided for wage income. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Credit Score 30+ points > minimum required<br>LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br>Residual income 2.5x the amount required by guidelines | Reviewer Comment (2022-10-24): Client elects to waive with verified compensation factors |  |  | 10/24/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26984820 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-21): Received clearance report dated xxxxxx addressing all red flags. Exception cleared. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26984856 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-10-17): Client elects to waive |  |  | 10/17/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26988092 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided |  | All other owners of the business not party to the loan must provide a signed and dated letter acknowledging the borrower's access to the business account for loan qualification. |  |  | Reviewer Comment (2022-10-21): Received signed and dated LOE explaining the full access to all funds from the account #3373. | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26988250 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. |  | Unit number is missing. |  |  | Reviewer Comment (2022-10-26): HOI reflecting Unit number. Exception Cleared.<br>Reviewer Comment (2022-10-24): The DD is reviewing the HOI provided in trailing documents which does not reflect the unit number. If the document has been altered, the system will not accept it and remove all alterations.<br>Reviewer Comment (2022-10-24): The same HOI was provided that was in file at time of review. Unit number is not reflected.<br>Reviewer Comment (2022-10-21): The same HOI was provided that was in file at time of review. Unit number is not reflected. | 10/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26988256 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal reflects unit number twice. |  |  | Reviewer Comment (2022-10-24): Corrected appraisal received | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779058 | xxxxxx | 26988292 | xxxxxx | xxxxxx | 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. | Appraisal reflects unit number twice. |  |  | Reviewer Comment (2022-10-24): Corrected appraisal received | 10/24/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779117 | xxxxxx | 26985069 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary |  |  |  | Reviewer Comment (2022-10-26): Received Final Title in trailing documents. | 10/26/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779117 | xxxxxx | 26986495 | xxxxxx | xxxxxx | 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 (2022-10-26): Received Final Title in trailing documents. | 10/26/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779117 | xxxxxx | 26986543 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-10-18): Client elects to waive |  |  | 10/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779117 | xxxxxx | 26997870 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | The internet search for the Borrower's WVOE company was not dated. Must be dated 10 days prior to closing. |  |  | Reviewer Comment (2022-10-25): VVOE is dated two days prior to closing and a currently dated internet search was provided.<br>Reviewer Comment (2022-10-24): The internet search is dated post closing and > 10 days from closing. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 777463 | xxxxxx | 26985754 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | 8 unit multi-family property |  |  | Reviewer Comment (2022-10-25): A BPO was provided<br>Reviewer Comment (2022-10-21): The document provided is not a BPO but a Comparable Market Analysis which is not the same thing. A BPO is required. | 10/25/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 777463 | xxxxxx | 26993346 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide the updated 1003 reflecting borrower is a xxxxxx per the xxxxxx passport in file. |  |  | Reviewer Comment (2022-10-24): Updated 1003 provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D A C |  | N/A | No | Property Focused |
| xxxxxx | 778320 | xxxxxx | 26984229 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | The file contains a 1008; however, the 1008 does not have the underwriter's name listed. |  |  | Reviewer Comment (2022-10-21): 1008 w/ UW name provided | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984893 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-27): Evidence of appraisal delivery was provided.<br>Reviewer Comment (2022-10-21): The appraisal email is dated xxxxxx . The appraisal was not completed until xxxxxx . The borrower cannot receive the appraisal prior to completion. The appraisal acknowledgment disclosure is not acceptable as it reflects either/or for delivery or waiver and does not specify which transpired. | 10/27/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984894 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.70740% or Final Disclosure APR of 8.77900% is in excess of allowable threshold of APOR 6.09% + 1.5%, or 7.59000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-10-27): Evidence of appraisal delivery was provided.<br>Reviewer Comment (2022-10-21): The appraisal email is dated xxxxxx . The appraisal was not completed until xxxxxx . The borrower cannot receive the appraisal prior to completion. The appraisal acknowledgment disclosure is not acceptable as it reflects either/or for delivery or waiver and does not specify which transpired. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984895 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-10-27): Evidence of appraisal delivery was provided.<br>Reviewer Comment (2022-10-21): The appraisal email is dated xxxxxx . The appraisal was not completed until xxxxxx . The borrower cannot receive the appraisal prior to completion. The appraisal acknowledgment disclosure is not acceptable as it reflects either/or for delivery or waiver and does not specify which transpired. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984896 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Fixed Compliant | New York Subprime Loan: APR on subject loan of 8.70740% or Final Disclosure APR of 8.77900% is in excess of allowable threshold of Prime Mortgage Market Rate 6.29000 + 1.75%, or 8.04000%. Compliant SubPrime Loan. |  |  |  | Reviewer Comment (2022-10-18): Client elects to waive |  |  | 10/18/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status. Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender. There is no time limit for which such restitution must be made. B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984897 | xxxxxx | xxxxxx | 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 Title - Settlement / Closing / Escrow Fee. Fee Amount of $1,295.00 exceeds tolerance of $1,200.00. Insufficient or no cure was provided to the borrower. (7561) | The Title - Settlement Fee in Section B increased from $1,200.00 on the initial Loan Estimate to $1,295.00 on the Loan Estimate dated xxxxxx without a valid change of circumstance. |  |  | Reviewer Comment (2022-10-28): SitusAMC received PCCD, LOE, Proof of delivery & refund check.<br>Reviewer Comment (2022-10-27): SitusAMC received Post CD,LOX and copy of refund check .However, UPS tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.<br>Reviewer Comment (2022-10-24): SitusAMC received Changed Circumstance dated xxxxxx , but it does not give sufficient information on why the Title-settlement fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. |  | 10/28/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26984901 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-21): Clearance report provided | 10/21/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778320 | xxxxxx | 26997477 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The gift letter does not reflect the date the funds were transferred as required per guidelines. |  |  | Reviewer Comment (2022-10-24): Per comments in Clarity, investor is accepting the gift letter as-is.<br>Reviewer Comment (2022-10-21): The investor will need to advise if they are accepting the revised gift letter as-is. The lender just added the transfer date tot he original gift letter. | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778658 | xxxxxx | 26985905 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-24): Approval provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778658 | xxxxxx | 26985912 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 6.89 is less than Guideline PITIA months reserves of 12.00. |  |  |  | Reviewer Comment (2022-11-03): Updated statements provided. Utilized balance through closing.<br>Reviewer Comment (2022-10-24): Borrower is still reserves<br>Reviewer Comment (2022-10-24): Exception Explanation Updated from: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 12.00. | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778658 | xxxxxx | 26985913 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-24): DI report received dated xxxxxx : No Damage |  |  | 10/24/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778658 | xxxxxx | 26992702 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Provide evidence of access to funds for xxxxxx. There is a partial Operating Agreement in file that does not reflect a name or ownership. |  |  | Reviewer Comment (2022-10-24): Ops Agreement provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778658 | xxxxxx | 27041268 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Foreign Assets are ineligible assets. Borrower is utilizing a xxxxxx account for reserves/closing. | Property inspected post disaster but pre-FEMA declaration of disaster end date.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773282 | xxxxxx | 26988518 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx . |  |  |  | Reviewer Comment (2022-10-24): Clearance report provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 773282 | xxxxxx | 26988547 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Appraisal reflects both units of property are rented; however, only one lease was provided. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778379 | xxxxxx | 26987398 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Telephone/Internet Listing | Per guidelines, internet or other third party search of borrower's employer is required. Search provided in file; however, it is not dated. Please provide dated internet/telephone search for borrower's employer. |  |  | Reviewer Comment (2022-10-25): A Google search dated one day prior to closing was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778379 | xxxxxx | 26987427 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The loan file contains an acknowledgment of receipt of appraisal signed at closing; however, both options were initialed by borrowers, with the second option being X'ed out. There is no evidence the borrowers X'ed this option out. Please provide evidence of appraisal delivery at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-19): Client elects to waive |  |  | 10/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778379 | xxxxxx | 26987428 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.55930% or Final Disclosure APR of 7.61100% is in excess of allowable threshold of APOR 5.74% + 1.5%, or 7.24000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-11-01): Delivery provided | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778379 | xxxxxx | 26987429 | xxxxxx | xxxxxx | 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 xxxxxx | The loan file contains an acknowledgment of receipt of appraisal signed at closing; however, both options were initialed by borrowers, with the second option being X'ed out. There is no evidence the borrowers X'ed this option out. Please provide evidence of appraisal delivery at least 3 business days prior to consummation. |  |  | Reviewer Comment (2022-11-01): Delivery provided<br>Reviewer Comment (2022-10-25): HMPL loans appraisal receipt waiver cannot be applied as this is a regulatory requirement. Please provide evidence of delivery of the appraisal within 3 days prior to closing. | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778379 | xxxxxx | 26987430 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |  |  |  | Reviewer Comment (2022-10-19): Client elects to waive |  |  | 10/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778379 | xxxxxx | 26987431 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.95678% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .95678%). |  |  |  | Reviewer Comment (2022-10-19): Client elects to waive |  |  | 10/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778380 | xxxxxx | 26987869 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided |  | The file is missing the flood insurance policy for the subject property. The policy provided in the file is not for the subject property. |  |  | Reviewer Comment (2022-10-25): The Flood Insurance Policy was provided.<br>Reviewer Comment (2022-10-24): Provide the active policy in effect at time of closing. The application provided reflects requested effective date is xxxxxx and loan closed xxxxxx . | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 778380 | xxxxxx | 26987954 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-24): Approval provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 777839 | xxxxxx | 26988988 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Borrower is listed as self-employed with less than 50% ownership in the business. |  | Per guidelines for business bank statements, borrower is required to have ownership of at least 50% of the business. Per the CPA letter, the borrower owns 40% and the co-borrower owns 20%, which does not meet guideline requirements for borrower owning at least 50% of the business. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989079 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided |  | Per guidelines, all other owners of the business not party to the loan must provided a signed and dated letter acknowledging the borrowers' access to the business account for loan qualification. Per CPA letter, borrower and co-borrower own 60% of the business, and two other individuals own the remaining 40%: however, no LOE was provided as required. |  |  | Reviewer Comment (2022-11-03): Access letter provided<br>Reviewer Comment (2022-10-31): The access letters only grant permission to 1 borrower vs. 2. The business is owed 40% by borrower and 20% by co-borrower. | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989081 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | Missing required gap credit report for the third borrower on the loan. |  |  | Reviewer Comment (2022-10-26): Received credit gap report dated xxxxxx Exception cleared. | 10/26/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989111 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Loan file is missing evidence of the 8/2022 and 9/2022 mortgage payments for the primary residence on xxxxxx and the 9/2022 payment for the REO on xxxxxx. |  |  | Reviewer Comment (2022-10-31): Updated supplement provided | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989220 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of 51.51831% exceeds Guideline total debt ratio of 50.00000%. | Per final 1003 provided, borrowers owned 3 properties; however, only 2 mortgages were disclosed. The credit reports provided reflect a third mortgage payment of $3,647. Including this mortgage payment, along with the $153 increase in non-REO debt for the third borrower, DTI exceeds the guideline maximum of 50%. |  |  | Reviewer Comment (2022-11-07): Per the client, added the income for the subject property investment to the qualifying ratios from the 1025 at 75% expense factor. DTI is within guidelines.<br>Reviewer Comment (2022-11-04): Unclear what the seller's comments mean. With the addition of the mortgage, the DTI is excessive.<br>Reviewer Comment (2022-11-03): Exception Explanation Updated from: Calculated investor qualifying total debt ratio of 51.51269% exceeds Guideline total debt ratio of 50.00000%.<br>Reviewer Comment (2022-10-27): Evidence of mortgage payment was verified and the DTI exception remains. | 11/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989240 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $190,526.75 is less than Cash From Borrower $189,554.40. | Loan file only contains statements for this business checking and savings accounts, which borrower and co-borrower have 60% access to, which is insufficient for the required cash to close. Further, file does not contain any evidence of the earnest money deposit in the amount of $25,000. |  |  | Reviewer Comment (2022-10-27): Additional assets were provided.<br>Reviewer Comment (2022-10-27): Exception Explanation Updated from: Documented qualifying Assets for Closing of $42,267.92 is less than Cash From Borrower $189,554.40. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989256 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-10-24): CDA received<br>Reviewer Comment (2022-10-24): No new documents provided in trailing documents. Please try uploading again. | 10/24/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989257 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Aged document: Credit Report is more than 90 days prior to the note date. | Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx , Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-10-27): A more recent credit report prior to close was provided. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989266 | xxxxxx | xxxxxx | Credit | Employment | Miscellaneous | Employment | The verification of employment was not obtained within 10 days of the note date. | Borrower: xxxxxx xxxxxx mployment Type: Employment / Income Type: Wages / Start date: xxxxxx | Missing VVOE dated within 10 days of Note date for borrower's wage earner income. |  |  | Reviewer Comment (2022-10-27): Employer has confirmed that borrower is still active/currently employed with the xxxxxx. (Doc id # 225). | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989277 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx, Address: xxxxxx Account Statements<br> Account Statements<br> Account Statements, Lease Agreement | The following REO documents are required and missing: xxxxxx: Mortgage statement, proof of taxes and insurance, and 2 months proof recent receipt of rental income; xxxxxx: Mortgage statement, proof of taxes and insurance, and 2 months proof recent receipt of rental income; xxxxxx: Mortgage statement, proof of taxes and insurance, and 2 months proof recent receipt of rental income. If xxxxxx is owned free & clear, please provide property address and all REO documents for the mortgage on credit with a monthly payment of $3,647. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-09): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-09): The LOE is not acceptable. 1) The lease for the property on xxxxxx does not reflect rents of $2,950 and cash deposits cannot be verified 2) The borrower states multiple xxxxxx deposits for the property on xxxxxx from xxxxxx, and xxxxxx, however these are not the tenants reflected on the lease for the property. Further, cash deposits cannot be verified. Investor to consider waiving.<br>Reviewer Comment (2022-11-08): Lease and rent receipts provided for xxxxxx. The lease agreement for xxxxxx reflects $1,300/month however rents provided on statements are only for $1,100 for 2 months. Further, there are no rent receipts that match for the property on xxxxxx nor reflects a name.<br>Reviewer Comment (2022-11-08): The lease agreement was not provided for the property on xxxxxx, therefore cannot compare deposits to this property. However, please note, 2 months receipt of income is required on all the rental properties which also include xxxxxx and xxxxxx.<br>Reviewer Comment (2022-11-04): The same documents were provided that were previously provided. See comments on xxxxxx Statements received for all REO reflecting escrows in monthly payment. Pending receipt of 2 months rent receipt for all rental income and lease agreement on xxxxxx.<br>Reviewer Comment (2022-11-03): Statements received for all REO reflecting escrows in monthly payment. Pending receipt of 2 months rent receipt for all rental income and lease agreement on xxxxxx.<br>Reviewer Comment (2022-11-03): Exception Explanation Updated from: Account Statements, Insurance Verification, Statement, Tax Verification<br> Account Statements, Insurance Verification, Statement, Tax Verification<br> Account Statements, Insurance Verification, Lease Agreement, Other, Tax Verification |  |  | 11/09/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 26989315 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Per guidelines for wage earner income, the borrower's most recent paystubs reflecting 30 days of pay and YTD earnings are required, along with IRS W-2 forms or W-2 transcripts covering the most recent one year or a WVOE. Borrower used wage income to qualify and the paystubs provided are dated xxxxxx and xxxxxx . Further, the WVOE provided is dated xxxxxx . The subject Note date is xxxxxx . Please provide the most recent paystubs for borrower's wage earner income, reflecting 30 days of pay and YTD earnings. |  |  | Reviewer Comment (2022-10-27): A more recent dated one month prior to close WVOE was provided. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777839 | xxxxxx | 27036502 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | Second unit was not reflected | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-10-27): The CDA provided address does not match the Note. The second unit # is not included. |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 26988761 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file contains documentation to verify the borrower received the most recent appraisal report on xxxxxx which was at closing. There is no evidence the report was received prior to xxxxxx . |  |  | Reviewer Comment (2022-10-19): Client elects to waive |  |  | 10/19/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 26988762 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.89400% or Final Disclosure APR of 8.90400% is in excess of allowable threshold of APOR 6.38% + 1.5%, or 7.88000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation |  |  | Reviewer Comment (2022-10-24): Origination appraisal and delivery provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 26988763 | xxxxxx | xxxxxx | 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 xxxxxx | The file contains documentation to verify the borrower received the most recent appraisal report on xxxxxx which was at closing. There is no evidence the report was received prior to xxxxxx . |  |  | Reviewer Comment (2022-10-24): Origination appraisal and delivery provided | 10/24/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 26988765 | xxxxxx | xxxxxx | 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 xxxxxx) | The initial Closing Disclosure was dated xxxxxx . The CD was not signed by the borrower and the file does not contain any documentation to evidence the actual receipt of the CD; therefore, the estimated receipt date is xxxxxx which is the day as closing. There is no evidence no the borrower received a copy of the CD at least 3 days prior to the closing. |  |  | Reviewer Comment (2022-10-25): SitusAMC Received Audit history. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 27002488 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided |  | The gift letter does not reflect the date of transfer for funds as required by guidelines. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years.<br>The representative FICO score exceeds the guideline minimum by at least 40 points. | Credit score exceeds minimum requirement by 30+ points. | Reviewer Comment (2022-10-28): Waived with compensating factors per investor request.<br>Reviewer Comment (2022-10-24): The transfer does not clear this condition. The guidelines require the gift letter to reflect the date of transfer. |  |  | 10/28/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | 27041169 | xxxxxx | xxxxxx | 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 xxxxxx |  |  |  | Reviewer Comment (2022-10-24): Client elects to waive |  |  | 10/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27002379 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing evidence of the 8/2022 and 9/2022 mortgage payments for the departing primary residence. |  |  | Reviewer Comment (2022-10-28): Credit report (Doc id # 118) shows the 8/2022 and 9/2022 mortgage payments for the departing primary residence. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27002594 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing tax certificate, or documentation as to how property taxes were calculated on subject property (new construction). |  |  | Reviewer Comment (2022-10-25): A Tax Cert from the Title Agent was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27002809 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.43595% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .43595%). |  |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27002810 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list was provided; however, it is not dated to determine it was obtained within 10 days of application date. |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27002811 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on xxxxxx disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated xxxxxx). (Final xxxxxx) | Calculated total of payments: $1,468,956.98; however, TIL/TRID total of payments is $1,468,193.98, a $763 difference. |  |  | Reviewer Comment (2022-10-28): SitusAMC received Corrected CD revising fees to correct section | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | 27015886 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-25): The Gap Report was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27002790 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-20): PDI received dated xxxxxx : No Damage |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27003116 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Provide evidence the appraisal was delivered to the borrower within 3 business days prior to consummation. |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27003117 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. |  |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27003118 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.27900% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or .27900%). |  |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27003119 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. |  |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27003204 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Missing twelve months housing history for the borrower's current primary residence. |  |  | Reviewer Comment (2022-10-28): Please disregard last comments. Note was provided showing borrower was not obligated on former primary. No additional rent free guideline requirements. Condition cleared.<br>Reviewer Comment (2022-10-28): A mortgage statement does not clear this condition. The property history report shows borrower is primary owner of the departing primary. Would need to provide original Note showing our borrower is not liable for this payment; however, borrower would then be considered living rent free and subject to additional conditions.<br>Reviewer Comment (2022-10-26): All waivers must come from the investor. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27011075 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Internet Search | Independent third-party verification is required to support the existence of business (e.g. internet/online verification, Secretary of State business search, local licensing records, etc.). Internet search in file is not dated. |  |  | Reviewer Comment (2022-10-25): A currently dated Internet Search was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27011094 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per the property profile report, the borrower is a vested owner on the current primary residence as well as listed as a borrower on the mortgage. The mortgage statement was provided with a non-borrower name, however that is not sufficient as mortgage statements will not always reflect both borrowers. Provide the Note to support borrower has no obligation to the loan. |  |  | Reviewer Comment (2022-10-25): The Note for the primary was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | 27011096 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx Insurance Verification |  |  |  | Reviewer Comment (2022-10-25): The mortgage statement in the file reflects tax and insurance esrowed. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Second Home | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778161 | xxxxxx | 26997905 | xxxxxx | xxxxxx | 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. |  |  |  |  | Reviewer Comment (2022-11-03): LOE provided<br>Reviewer Comment (2022-10-24): The bank statements for account #8270 are going to the subject property address. | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778161 | xxxxxx | 26997926 | xxxxxx | xxxxxx | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Appraisal reflects property was not listed for sale; however, explanation in file reflects subject was listed for sale on xxxxxx and removed xxxxxx . Properties listed for sale in the last 6 months are not eligible for C/O transactions. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-07): Lender would like to waive<br>Reviewer Comment (2022-11-04): The updated appraisal was received regarding listed and cancellation, however this does not clear the condition. Properties listed for sale in the last 6 months are not eligible for C/O transactions. |  |  | 11/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777862 | xxxxxx | 27002068 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx | Disaster Name: xxxxxx<br> Disaster Declaration Date: xxxxxx |  |  | Reviewer Comment (2022-10-25): A PDI was provided. | 10/25/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27002684 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. |  | Provide the RCE. |  |  | Reviewer Comment (2022-10-27): RCE provided. Exception Cleared. | 10/27/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27002846 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-10-20): Client elects to waive |  |  | 10/20/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27010320 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided |  | Provide the borrower's unexpired VISA. Only the EAD, I-797-C and Passport were provided. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27010359 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Per guidelines, the preparer must attest they have prepared the borrower's most recent tax return and provide the borrower's ownership percentage. |  |  | Reviewer Comment (2022-11-01): Updated CPA letter provided | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27010465 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: |  | Provide proof of the CPA's current state license or EA (proof EA currently active on IRS web site), CTEC (proof CTEC currently active on CTEC web site). |  |  | Reviewer Comment (2022-10-28): Received<br>Reviewer Comment (2022-10-25): The IRS printout is from xxxxxx and is for the 2021 tax year. Please current IRS printout. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27010472 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete |  | Provide the updated 1003. Reflects Perm Resident for citizenship, however borrower is a Non-Perm Resident. |  |  | Reviewer Comment (2022-10-31): Updated 1003 provided | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 777862 | xxxxxx | 27010504 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Cancelled Check(s) not provided |  | VOR is from a private landlord. Provide 6 months cancelled checks. |  |  | Reviewer Comment (2022-11-03): Bank statements with payments, updated VOR with comments on rent amounts, and deed provided for property reflecting payments made to spouse of landlord and owner of property.<br>Reviewer Comment (2022-11-02): VOR provided has explanation regarding fluctuating rent amount however does not address payments made to xxxxxx when VOR is from xxxxxx.<br>Reviewer Comment (2022-10-25): The bank statement payments of $2,500 are to someone other than the name listed on the VOR and the rental amount on the VOR is $2,100. | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779658 | xxxxxx | 27006407 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | The Closing Disclosure or HUD-1 does not reflect that an escrow account for taxes and insurance was established as required by guidelines. |  | Per guidelines, escrows can be waived with an LTV less than 80%, FICO of 720, and 12 months reserves. LTV = 80% therefore does not meet the guideline requirement. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-01): Client elects to waive with verified compensation factors |  |  | 11/01/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779118 | xxxxxx | 27010957 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 5.44 is less than Guideline PITIA months reserves of 6.00. | Guidelines require 6 months reserves, which were not present in loan file. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Employed in the same position > 2 years<br>Residual income more than 2.5x the amount required by guidelines | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779118 | xxxxxx | 27010958 | xxxxxx | xxxxxx | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of 664 is less than Guideline representative FICO score of 680. | Minimum FICO for a FTHB is 680. Loan was approved with a 664 FICO on a FTHB. Loan file contains investor exception request report. | Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | Employed in the same position > 2 years<br>Residual income more than 2.5x the amount required by guidelines | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779118 | xxxxxx | 27010964 | xxxxxx | xxxxxx | 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 (2022-10-28): Received | 10/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779118 | xxxxxx | 27013144 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | Missing evidence of delivery of appraisal to borrower. |  |  | Reviewer Comment (2022-10-28): Received evidence of appraisal delivery | 10/28/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779118 | xxxxxx | 27013145 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.27510% or Final Disclosure APR of 10.33400% is in excess of allowable threshold of APOR 6.38% + 1.5%, or 7.88000%. Non-Compliant Higher Priced Mortgage Loan. |  |  |  | Reviewer Comment (2022-10-28): Received evidence of appraisal delivery | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779118 | xxxxxx | 27013146 | xxxxxx | xxxxxx | 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 xxxxxx | Missing evidence of delivery of appraisal to borrower. |  |  | Reviewer Comment (2022-10-28): Received evidence of appraisal delivery | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27009110 | xxxxxx | xxxxxx | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 |  | The file does not contain an initial loan application. |  |  | Reviewer Comment (2022-10-24): Client elects to waive |  |  | 10/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27009225 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - October 2018 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 31,894.94 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) |  |  |  | Reviewer Comment (2022-10-24): Client elects to waive |  |  | 10/24/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27009226 | xxxxxx | xxxxxx | 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 xxxxxx incorrectly disclosed whether the loan will have an escrow account. (Final xxxxxx) | The final Closing Disclosure did not disclosure if the borrower declined the escrow account or if the lender does not offer one. |  |  | Reviewer Comment (2022-11-02): SitusAMC Received PCCD and LOE. |  | 11/02/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27009227 | xxxxxx | xxxxxx | 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 xxxxxx) | The file is missing a copy of the initial Closing Disclosure. |  |  | Reviewer Comment (2022-10-31): SitusAMC received xxxxxx CD 3 business days prior to consummation. | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27009237 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | The fraud report Alerts Summary reflects 5 of the 6 high alerts were cleared. |  |  | Reviewer Comment (2022-10-28): Received | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27036831 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-10-28): Received | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | 27036838 | xxxxxx | xxxxxx | 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 Title - Archive Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77219) | Cure nor valid COC provided. |  |  | Reviewer Comment (2022-11-02): SitusAMC received corrected PCCD, LOE, proof of mailing & copy of refund check. |  | 11/02/2022 |  | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779719 | xxxxxx | 27035261 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided |  |  |  |  | Reviewer Comment (2022-10-28): OFAC located on page 8 of background report provided. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 778821 | xxxxxx | 27017139 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  | Provide purchase contract extension for closing after initial purchase contract date. |  |  | Reviewer Comment (2022-10-27): A contract extension was provided. | 10/27/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778821 | xxxxxx | 27017880 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post-disaster but pre-FEMA declaration of the disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-27): A PDI was provided dated xxxxxx with no damage visible. |  |  | 10/27/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 778821 | xxxxxx | 27037611 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - Condo not provided |  |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post-disaster but pre-FEMA declaration of the disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-10-28): Waived with compensating factors per investor request. |  |  | 10/28/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 779572 | xxxxxx | 27019046 | xxxxxx | xxxxxx | 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. |  | 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 (2022-10-31): FTP provided | 10/31/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779572 | xxxxxx | 27019057 | xxxxxx | xxxxxx | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Missing title final. |  |  | Reviewer Comment (2022-10-31): FTP provided | 10/31/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779572 | xxxxxx | 27019110 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  | Missing tax certificate. |  |  | Reviewer Comment (2022-10-31): New construction. Tax rate provided on cert. | 10/31/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779572 | xxxxxx | 27019149 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | An acknowledgement of receipt of appraisal was not provided to the borrower three days prior to consummation. |  |  | Reviewer Comment (2022-10-26): The client elects to waive. |  |  | 10/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779572 | xxxxxx | 27019150 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list of homeownership counseling organization was not provided with a list update reflecting on the document. |  |  | Reviewer Comment (2022-10-26): The client elects to waive. |  |  | 10/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779572 | xxxxxx | 27019151 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - October 2018 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 31,967.76 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | Property cost over year one is not accurate due to the taxes for the subject. |  |  | Reviewer Comment (2022-10-26): The client elects to waive. |  |  | 10/26/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779889 | xxxxxx | 27018684 | xxxxxx | xxxxxx | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date xxxxxx , Note Date xxxxxx | Hazard insurance expires within 90 days of Note Date. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-10-26): The client elects to waive. |  |  | 10/26/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A |  | N/A | No | Property Focused |
| xxxxxx | 778388 | xxxxxx | 27036869 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Divorce Decree / Child Support not provided |  | The file contains a letter of explanation from the borrower that verifies the borrower is divorced. The final 1003 reflects the borrower still has a minor child. The file does not contain a copy of the divorce decree or other documentation to verify the borrower is not responsible for paying child support or alimony. |  |  | Reviewer Comment (2022-10-28): Received | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 780078 | xxxxxx | 27040615 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 |  |  |  |  | Reviewer Comment (2022-10-28): The credit application was provided. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 780078 | xxxxxx | 27040617 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  |  |  |  | Reviewer Comment (2022-10-28): Loan approval was provided.<br>Reviewer Comment (2022-10-28): Loan Approval doc not provided. Plz provide to clear this. Exception Remains. | 10/28/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 775412 | xxxxxx | 27043876 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided |  | Operating Agreement missing from file. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-10): Client elects to waive with verified compensation factors |  |  | 11/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775412 | xxxxxx | 27044030 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided |  | EIN is not provided in file | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-10): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-02): The document showing applied for does not clear the condition. We need the EIN number/approved EIN.<br>Reviewer Comment (2022-11-02): The EIN provided is not for the Borrowing Entity. |  |  | 11/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775412 | xxxxxx | 27044043 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided |  | Lease Agreement for subject property is missing from the file. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-10): Client elects to waive with verified compensation factors |  |  | 11/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 775412 | xxxxxx | 27044091 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx | The subject property is located in a FEMA disaster that does not have a declared end date. | Seasoned Borrower/Investor whose experience exceeds 10 completed projects.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-10): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-02): The same report was provided that was in file at time of review. The report reflects damage in the amount of $1,000. Investor can elect to waive. |  |  | 11/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778460 | xxxxxx | 27057610 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  |  |  |  | Reviewer Comment (2022-11-01): Gap Report provided | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058171 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: xxxxxx Current Proof of Receipt, | Guidelines require evidence of recent receipt of retirement income. Loan file is missing evidence of this for the borrower's social security income. |  |  | Reviewer Comment (2022-11-02): Receipt of SSI provided<br>Reviewer Comment (2022-11-01): The SSI award letter does not clear this condition. Receipt of this income is required per guidelines. | 11/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058173 | xxxxxx | xxxxxx | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Financial Institution: xxxxxx // Account Type: Checking / Account Number: 6928 | Guidlelines require the most recent one full month bank statement for assets. For account 6928 loan file only contains a two page printout, covering xxxxxx through xxxxxx . Please provide full one month's statement for this account. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-07): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-07): The bank statements for assets need to be consecutive and cover 1 full month. <br>The seller provided the most recent statement dated xxxxxx xxxxxx in file at time of review. Prior dated statements cannot be taken in lieu of. The seller provided xxxxxx xxxxxx 22; xxxxxx xxxxxx 22; xxxxxx xxxxxx 22<br>The seller will need to provide the statement for xxxxxx – xxxxxx for the most recent 30 day statement.<br>Reviewer Comment (2022-11-02): Full bank statement not provided. Partial provided. |  |  | 11/07/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058175 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | The most recent fraud report in the file dated xxxxxx contains a high risk red flag for the settlement agent, which was not addressed and/or cleared. |  |  | Reviewer Comment (2022-11-07): Additional red flag addressed with lender correspondence and sam.gov.<br>Reviewer Comment (2022-11-02): The same report was provided. The high risk red flag for participant watch list was not addressed. | 11/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058221 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) | Per the acknowledgment of receipt of appraisal in the loan file, appraisal was emailed to borrower on xxxxxx ; however, appraisal report date is xxxxxx . |  |  | Reviewer Comment (2022-10-31): Client elects to waive |  |  | 10/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058223 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List was provided; however, it is not dated to determine if it was obtained within 10 days of application date. |  |  | Reviewer Comment (2022-10-31): Client elects to waive |  |  | 10/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058224 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - October 2018 Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx did not disclose Estimated Property Costs over Year 1. (Final xxxxxx) | Page 4 of the final Closing Disclosure is missing from the loan file. |  |  | Reviewer Comment (2022-10-31): Client elects to waive |  |  | 10/31/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058225 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx did not disclose whether the loan will have an escrow account. (Final xxxxxx) | Page 4 of the final Closing Disclosure is missing from the loan file. |  |  | Reviewer Comment (2022-11-02): SitusAMC received page 4 of Final CD | 11/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058227 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Negative Amortization | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx incorrectly disclosed whether the loan contains Negative Amortization. (Final xxxxxx) | Page 4 of the final Closing Disclosure is missing from the loan file. |  |  | Reviewer Comment (2022-11-02): SitusAMC received page 4 of Final CD | 11/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058228 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Partial Payments | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx incorrectly disclosed whether the loan allows for Partial Payments. (Final xxxxxx) | Page 4 of the final Closing Disclosure is missing from the loan file. |  |  | Reviewer Comment (2022-11-02): SitusAMC received page 4 of Final CD | 11/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778460 | xxxxxx | 27058229 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on xxxxxx incorrectly disclosed whether the loan will have an escrow account. (Final xxxxxx) | Page 4 of the final Closing Disclosure is missing from the loan file. |  |  | Reviewer Comment (2022-11-02): SitusAMC received page 4 of Final CD | 11/02/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779244 | xxxxxx | 27124209 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx |  |  |  | Reviewer Comment (2022-11-01): Cleared Fraud Report provided | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779732 | xxxxxx | 27045851 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 | Secondary valuation is missing. |  |  | Reviewer Comment (2022-11-01): CDA received | 11/01/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 779732 | xxxxxx | 27045875 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx, Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that have not been addressed |  |  | Reviewer Comment (2022-11-01): Clearance report provided | 11/01/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 779732 | xxxxxx | 27136910 | xxxxxx | xxxxxx | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report date: xxxxxx | CDA city does not match the Note. |  |  | Reviewer Comment (2022-11-07): Updated CDA provided | 11/07/2022 |  |  | 1 A | xxxxxx | xxxxxx | Investment | Purchase | D A C |  | N/A | No | Property Focused |
| xxxxxx | 779502 | xxxxxx | 27122269 | xxxxxx | xxxxxx | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date xxxxxx , Disbursement date: xxxxxx | Wet State: Effective date is after the consummation date |  |  | Reviewer Comment (2022-11-03): Updated policy provided | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | C A |  | N/A | No | Property Focused |
| xxxxxx | 778502 | xxxxxx | 27126042 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | The file is missing documentation to verify when the rate was locked. |  |  | Reviewer Comment (2022-11-01): Client elects to waive |  |  | 11/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778502 | xxxxxx | 27130882 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided |  | Provide receipt of gift funds for $5,000. |  |  | Reviewer Comment (2022-11-08): Deposit receipt provided | 11/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779657 | xxxxxx | 27131098 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. |  |  |  | Reviewer Comment (2022-11-01): Client elects to waive |  |  | 11/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | Lender attestation indicating that (1) the borrower did not qualify for any non-higher-priced loans or (2) the lender does not offer non-higher-priced loans. C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779657 | xxxxxx | 27131099 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of 9.01350% or Final Disclosure APR of 9.07300% is in excess of allowable threshold of APOR 6.74% + 1.5%, or 8.24000%. Non-Compliant Higher Priced Loan. |  |  |  | Reviewer Comment (2022-11-01): Client elects to waive |  |  | 11/01/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779657 | xxxxxx | 27132191 | xxxxxx | xxxxxx | 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 Title - Survey Fee. Fee Amount of $250.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (77187) | Cure nor valid COC provided. SSPL provider utilized. |  |  | Reviewer Comment (2022-11-03): SitusAMC received corrected PCCD with LOE to moved the Title - Survey fee from section C to B. | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 777489 | xxxxxx | 27134366 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | There are three judgments/liens on the borrower's background check for $134, $692, and $180 not addressed. |  |  | Reviewer Comment (2022-11-03): Satisfactions provided | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A |  | N/A | No | Property Focused |
| xxxxxx | 780119 | xxxxxx | 27135779 | xxxxxx | xxxxxx | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Lender Exception in file. Must be approved by the investor. | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-11-08): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-04): Lender would like to waive |  |  | 11/08/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 780119 | xxxxxx | 27135786 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx | PDI in file | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: xxxxxx | Reviewer Comment (2022-11-01): PDI received dated xxxxxx : No Damage |  |  | 11/01/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779818 | xxxxxx | 27137043 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary xxxxxx) | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-11-03): Delivery received | 11/03/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779818 | xxxxxx | 27137044 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.06760% or Final Disclosure APR of 10.09600% is in excess of allowable threshold of APOR 7.00% + 2.5%, or 9.50000%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Non Compliant due to missing evidence the borrower received a copy of the appraisals at least 3 business days prior to the loan consummation. |  |  | Reviewer Comment (2022-11-03): Delivery received | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779818 | xxxxxx | 27137045 | xxxxxx | xxxxxx | 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 xxxxxx | The file is missing evidence the borrower(s) received a copy of the appraisal report(s) at least 3 business days prior to loan consummation. |  |  | Reviewer Comment (2022-11-03): Delivery received | 11/03/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779818 | xxxxxx | 27137046 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure xxxxxx on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final xxxxxx | The borrower's final closing disclosure and seller's final closing disclosure both reflect $0.00 seller fees. |  |  | Reviewer Comment (2022-11-04): SitusAMC received Seller CD. | 11/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778049 | xxxxxx | 27134407 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided |  | Note Addendum - Prepayment is missing from file. |  |  | Reviewer Comment (2022-11-04): PPP rider provided | 11/04/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C |  | N/A | Yes | Property Focused |
| xxxxxx | 778049 | xxxxxx | 27134903 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing.; Sec ID: 2 | Note date: xxxxxx ; Lien Position: 1 |  |  |  | Reviewer Comment (2022-11-04): CDA received | 11/04/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | D A C |  | N/A | No | Property Focused |
| xxxxxx | 777854 | xxxxxx | 27137629 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing |  |  |  |  | Reviewer Comment (2022-11-07): Title provided | 11/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 777854 | xxxxxx | 27151864 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. |  | C/O is not allowed on a First Time Investor. Investor exception in file. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves exceed requirement by 10 months or more | Reviewer Comment (2022-11-03): Client elects to waive with verified compensation factors |  |  | 11/03/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779016 | xxxxxx | 27139757 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: xxxxxx, Address: xxxxxx, Address: xxxxxx Statement | Provide the mortgage statement for the REO properties at xxxxxx, xxxxxx and xxxxxx to verify taxes and insurance are included in the monthly payment. If not, evidence of HOI, taxes and HOA, if applicable will be required. |  |  | Reviewer Comment (2022-11-07): CD for additional REO provided<br>Reviewer Comment (2022-11-07): Statement reflecting escrows included was not found for property on xxxxxx.<br>Reviewer Comment (2022-11-07): Exception Explanation Updated from: Statement<br> Statement<br> Statement | 11/07/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | C A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779164 | xxxxxx | 27145650 | xxxxxx | xxxxxx | 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 (2022-11-08): Supplemental report provided | 11/08/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778643 | xxxxxx | 27144784 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.36540% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.36540%). |  |  |  | Reviewer Comment (2022-11-04): Client elects to waive |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 778643 | xxxxxx | 27144785 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list of homeownership counseling organization provided does not reflect a document date and list update. |  |  | Reviewer Comment (2022-11-04): Client elects to waive |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 778643 | xxxxxx | 27170600 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Investor exception in file for investor concentration of 73% exceeds guidelines max of 60%. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 780175 | xxxxxx | 27168532 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. |  | Investor exception in file. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has owned the subject property for at least 5 years. | LTV/CLTV 10% or more below the maximum allowed under applicable guidelines | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Cash-out - Other | B A |  | N/A | No | Property Focused |
| xxxxxx | 778343 | xxxxxx | 27142231 | xxxxxx | xxxxxx | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $4,290.87. | No asset documentation was submitted to the loan file |  |  | Reviewer Comment (2022-11-09): Asset documentation provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778343 | xxxxxx | 27142382 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of 1.98 is less than Guideline PITIA months reserves of 2.00. | No asset documentation was submitted to the loan file | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-11-10): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-09): Asset documentation provided, however the borrower is still short reserves. New reserves count is 1.98<br>Reviewer Comment (2022-11-09): Exception Explanation Updated from: Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 2.00. |  |  | 11/10/2022 | 2 C B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778343 | xxxxxx | 27168949 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | Provide the VOM for the subject property. |  |  | Reviewer Comment (2022-11-09): Credit supplement provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 778343 | xxxxxx | 27169040 | xxxxxx | xxxxxx | Credit | Credit | Miscellaneous | Guideline | Credit Exception: |  | Provide evidence of ownership in the business vested on title (xxxxxx) |  |  | Reviewer Comment (2022-11-14): Evidence provided of ownership<br>Reviewer Comment (2022-11-10): The same deed was provided that was in file at time of review. This was the originally vested party on a refinance transaction. Evidence of ownership in the LLC is required. | 11/14/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | C B A |  | N/A | No | Property Focused |
| xxxxxx | 779816 | xxxxxx | 27142930 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Wire Ticket to Settlement Agent required per guidelines; not provided in file. |  |  | Reviewer Comment (2022-11-08): Wire Ticket provided | 11/08/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 779816 | xxxxxx | 27142945 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided |  | Provide the Executed Term Sheet |  |  | Reviewer Comment (2022-11-08): Executed Term Sheet provided | 11/08/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D A |  | N/A | No | Property Focused |
| xxxxxx | 779440 | xxxxxx | 27146846 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary xxxxxx) |  |  |  | Reviewer Comment (2022-11-04): Client elects to waive |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779440 | xxxxxx | 27146895 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period. |  | The bank statements reflects 16 NSFs in the last 12 month period. The file contains an Investor exception. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. | DTI <=36% which is below the requirement in guidelines<br>Reserves exceed the requirement by 10 months or more | Reviewer Comment (2022-11-04): Client elects to waive with verified compensation factors |  |  | 11/04/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | 27158993 | xxxxxx | xxxxxx | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: xxxxxx | There are red flags on the fraud report that are yet to be addressed. |  |  | Reviewer Comment (2022-11-09): Clearance LOE and supporting docs provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | 27159094 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | 27159243 | xxxxxx | xxxxxx | 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. |  | The preliminary title policy is within CA and does not reflect a coverage amount, no final title policy in file. Unable to determine if appropriate coverage is provided. |  |  | Reviewer Comment (2022-11-09): Supplement provided | 11/09/2022 |  |  | 1 B A | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | 27159636 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | An initial escrow account statement was not provided to the borrowers. |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | 27159637 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The list of homeownership counseling organization does not reflect a list update. |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Purchase | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779281 | xxxxxx | 27157774 | xxxxxx | xxxxxx | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report date: xxxxxx | Lender on Appraisal differs from note, however an appraisal transfer letter was not provided in file. | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779281 | xxxxxx | 27158504 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The qualifying DTI on the loan is at least 10% less than the guideline maximum.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has verified disposable income of at least $2500.00.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A | N/A | N/A | No | Mortgagor Focused |
| xxxxxx | 779668 | xxxxxx | 27159100 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |  | Reviewer Comment (2022-11-07): Client elects to waive |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 779668 | xxxxxx | 27179446 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Wire Ticket to Settlement Agent. |  |  | Reviewer Comment (2022-11-14): Wire Ticket provided | 11/14/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 779668 | xxxxxx | 27179454 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided |  | Provide the Executed Term Sheet. |  |  | Reviewer Comment (2022-11-14): Executed Term Sheet provided | 11/14/2022 |  |  | 1 C A D | xxxxxx | xxxxxx | Investment | Refinance - Rate/Term | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163273 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided |  |  |  |  | Reviewer Comment (2022-11-09): CPL provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163274 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided |  |  |  |  | Reviewer Comment (2022-11-09): HOA questionnaire provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163275 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided |  |  |  |  | Reviewer Comment (2022-11-09): Purchase contract provided | 11/09/2022 |  |  | 1 D A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163276 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided |  |  |  |  | Reviewer Comment (2022-11-09): Tax verification provided | 11/09/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163336 | xxxxxx | xxxxxx | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. | Disaster Name: xxxxxx<br> Disaster Declaration date: xxxxxx |  | Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster:xxxxxx | Reviewer Comment (2022-11-07): DI provided dated xxxxxx : No Damage |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 780128 | xxxxxx | 27163341 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-11-07): Client elects to waive |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | D B A |  | N/A | No | Property Focused |
| xxxxxx | 779438 | xxxxxx | 27178378 | xxxxxx | xxxxxx | Credit | Missing Document | General | Missing Document | Missing Document: Credit Report - Gap not provided |  | The file contains an updated credit report dated xxxxxx ; however, this is not within 10 days of the loan closing date of xxxxxx . |  |  | Reviewer Comment (2022-11-10): UDM provided | 11/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178458 | xxxxxx | xxxxxx | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided |  | The credit report did not provide the current mortgage housing history and the file does not contain any additional documentation to verify the history. |  |  | Reviewer Comment (2022-11-10): VOM provided | 11/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178656 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | GSE | xxxxxx 2014 - 3% Points and Fees | xxxxxx 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.18319% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total xxxxxx on a Federal Total Loan Amount of xxxxxx vs. an investor allowable total of xxxxxx (an overage of xxxxxx or 1.18319%). |  |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178657 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | The file is missing a copy of the Homeownership Counseling List. |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178658 | xxxxxx | xxxxxx | Compliance | Compliance | State Compliance | State HPML | North Carolina Rate Spread Threshold Test Compliant | North Carolina Rate Spread Home Loan: APR on subject loan of 9.11050% or Final Disclosure APR of 9.12400% is in excess of allowable threshold of APOR 6.74% + 1.5%, or 8.24000%. Compliant Rate Spread Home Loan. |  |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. <br>(Narrow Defense - Requires CHD Approval)<br> Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error, creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread. B | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178659 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure did not disclose Amount of Non-Escrowed Property Costs over Year 1 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 275.00 on Final Closing Disclosure provided on xxxxxx not accurate. (Final xxxxxx) | The final Closing Disclosure reflects HOA dues of $25 per month or $275 per year; however, the appraisal report does not reflect the property is located in a PUD or has any HOA dues and the file does not contain any other documentation to verify HOA dues. |  |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure B A | Non QM | Non QM | Yes | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178660 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Loan Estimate Timing | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial xxxxxx) | The file contains an initial Loan Estimate dated xxxxxx ; however, the application date is xxxxxx . The Loan Estimate provided is not within 3 days of the loan application. |  |  | Reviewer Comment (2022-11-11): SitusAMC received initial LE. | 11/11/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178661 | xxxxxx | xxxxxx | Compliance | Compliance | Federal Compliance | TRID | TRID Settlement Service Provider Status | TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. | The file is missing a copy of the Settlement Service Provider List. |  |  | Reviewer Comment (2022-11-11): Received SSPL. | 11/11/2022 |  |  | 1 A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | No Defined Cure B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178678 | xxxxxx | xxxxxx | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $2,384.64 is less than AUS required disposable income of $2,500.00. | The guidelines require residual income of $2,500 for the xxxxxx program; however, the verified residual income is $2,384.64. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-11): Client elects to waive with verified compensation factors<br>Reviewer Comment (2022-11-10): The CPA letter provided is not acceptable. Paragraph 2 states" Management has elected to omit substantially all of the disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of accounting. If the omitted disclosures were included in the financial statements, they might influence the user's conclusion about the Company's revenues and expenses."<br>Reviewer Comment (2022-11-10): The condition remains. The $5K sourcing was already included in the income analysis at time of review. |  |  | 11/11/2022 | 2 C B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178687 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.<br>Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.<br>Borrower has worked in the same position for more than 3 years.<br>Borrower has owned the subject property for at least 5 years.<br>Borrower has been employed in the same industry for more than 5 years. |  | Reviewer Comment (2022-11-07): The client elects to waive. |  |  | 11/07/2022 | 2 B | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779438 | xxxxxx | 27178744 | xxxxxx | xxxxxx | Credit | Income / Employment | Income Documentation | Income / Employment | Large deposits were not sourced and/or letter of explanation was not provided. |  | The guidelines require inconsistent or large deposits should be sourced or excluded from the analysis. The definition of an inconsistent or large deposit is any deposit exceeding 50% of the average monthly sales of the business, which is $4,536.75. There is a large deposit of $5,000 on xxxxxx that was not sourced. |  |  | Reviewer Comment (2022-11-10): Invoice provided. For business purposes. | 11/10/2022 |  |  | 1 C A | xxxxxx | xxxxxx | Primary | Refinance - Cash-out - Other | C B A | Non QM | Non QM | No | Mortgagor Focused |
| xxxxxx | 779123 | xxxxxx | 27174064 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |  | Reviewer Comment (2022-11-08): Client elects to waive |  |  | 11/08/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A |  | N/A | No | Property Focused |
| xxxxxx | 780172 | xxxxxx | 27190946 | xxxxxx | xxxxxx | Credit | Guideline | Guideline Issue | Guideline | Unable to determine guidelines used for origination. Due diligence review may be based on non-origination guidelines (i.e. aggregator, seller). |  |  | The representative FICO score exceeds the guideline minimum by at least 40 points.<br>Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |  | Reviewer Comment (2022-11-11): Client elects to waive |  |  | 11/11/2022 | 2 B | xxxxxx | xxxxxx | Investment | Purchase | B A |  | N/A | No | Property Focused |

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## Exhibit 99.4

**EXHIBIT 99.4**

**AMC Rating Agency Grades**

![](tm2233586d1_ex99-4img001.jpg)

**Rating Agency Grades**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |  |
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Deal Number** | **Original Loan Amount** | **Scope** |
| xxxxxx | 753372 | xxxxxx | xxxxxx | xxxxxx C D A B | Property Focused |
| xxxxxx | 753833 | xxxxxx | xxxxxx | xxxxxx C A D B | Mortgagor Focused |
| xxxxxx | 759251 | xxxxxx | xxxxxx | xxxxxx C D B A | Property Focused |
| xxxxxx | 761277 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 764363 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 766424 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 766319 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 766329 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 766398 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 766352 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 766302 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 766444 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 766474 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 766434 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 766430 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 766433 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 766526 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | xxxxxx | xxxxxx C D A | Mortgagor Focused |
| xxxxxx | 766538 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 767126 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 767322 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 767389 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 767812 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | xxxxxx | xxxxxx C D B A | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 768345 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 768309 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 768620 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 768981 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 769473 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 768088 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 768700 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 770092 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770274 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 768911 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 769696 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771693 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 770739 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 770663 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | xxxxxx | xxxxxx D C A B | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771065 | xxxxxx | xxxxxx | xxxxxx A D | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770389 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 769457 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767428 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771957 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 768115 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | xxxxxx | xxxxxx D C A B | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771375 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772675 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771478 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 770142 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 770584 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 772421 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | xxxxxx | xxxxxx B C A | Mortgagor Focused |
| xxxxxx | 771825 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 770775 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771878 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 771122 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771579 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771974 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 773000 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 773002 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771555 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 771313 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771069 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771138 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773146 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 772729 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772516 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773273 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772384 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 767478 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 772176 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 773050 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773428 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 770531 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771873 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771157 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773368 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 773407 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 773416 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 773044 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 770985 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 772719 | xxxxxx | xxxxxx | xxxxxx D B A | Property Focused |
| xxxxxx | 771498 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773412 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 771933 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771936 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772441 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771893 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772374 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771662 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772449 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773405 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772370 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773323 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771477 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 773810 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 771454 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773459 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772456 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772945 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771931 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772268 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773376 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 773212 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 772779 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 769003 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772462 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771327 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772526 | xxxxxx | xxxxxx | xxxxxx C D B A | Property Focused |
| xxxxxx | 773329 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773303 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771899 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771927 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772507 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772578 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771985 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773397 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773484 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772454 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 773472 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772868 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773382 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 772631 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772170 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773542 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 771952 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772861 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772585 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772415 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | xxxxxx | xxxxxx B | Mortgagor Focused |
| xxxxxx | 772722 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773613 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775083 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772887 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772937 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773555 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771430 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | xxxxxx | xxxxxx D C A B | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773105 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773152 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775492 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772434 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771783 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 772946 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | xxxxxx | xxxxxx B C A | Mortgagor Focused |
| xxxxxx | 772114 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 774926 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773579 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 773583 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773584 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 773585 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773588 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 773589 | xxxxxx | xxxxxx | xxxxxx A D | Property Focused |
| xxxxxx | 775408 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774636 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 774639 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | xxxxxx | xxxxxx C A D | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | xxxxxx | xxxxxx C D A | Mortgagor Focused |
| xxxxxx | 773221 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771967 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775935 | xxxxxx | xxxxxx | xxxxxx C B A | Property Focused |
| xxxxxx | 773860 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775655 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | xxxxxx | xxxxxx D A | Mortgagor Focused |
| xxxxxx | 776145 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 771512 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 774251 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 775525 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771968 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771099 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772743 | xxxxxx | xxxxxx | xxxxxx C D B A | Property Focused |
| xxxxxx | 776144 | xxxxxx | xxxxxx | xxxxxx C B A | Property Focused |
| xxxxxx | 774795 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774540 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775387 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 776168 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 771573 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 774490 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772958 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 776279 | xxxxxx | xxxxxx | xxxxxx C D A B | Property Focused |
| xxxxxx | 774747 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 774817 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | xxxxxx | xxxxxx C D A B | Mortgagor Focused |
| xxxxxx | 775883 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 775307 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | xxxxxx | xxxxxx C D A B | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775920 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775142 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775929 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772971 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 773220 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775153 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774504 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775654 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776391 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 776452 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776442 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 774922 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 771929 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 773277 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 774748 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775635 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 774951 | xxxxxx | xxxxxx | xxxxxx C D B | Property Focused |
| xxxxxx | 771817 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775777 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776461 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774946 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776188 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 775589 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 773979 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 772161 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775936 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775468 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 775627 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775630 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 775783 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776761 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775816 | xxxxxx | xxxxxx | xxxxxx C B A | Property Focused |
| xxxxxx | 771750 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 775430 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775811 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775424 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 776571 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 775980 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775043 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | xxxxxx | xxxxxx C B D A | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 772555 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775390 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775930 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776266 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775376 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 775409 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 776971 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776812 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 774824 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776908 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | xxxxxx | xxxxxx C A D B | Mortgagor Focused |
| xxxxxx | 776004 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775902 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776339 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777283 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 777256 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777258 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776507 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 773784 | xxxxxx | xxxxxx | xxxxxx B C A | Mortgagor Focused |
| xxxxxx | 776862 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776874 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 776466 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 775384 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 776542 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777107 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775433 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 775884 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 774041 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 776186 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776385 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776291 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777110 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775423 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 776139 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 774736 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776912 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777592 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777231 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777612 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 775998 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776922 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775634 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775301 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777126 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776559 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777319 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776044 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 775857 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 776332 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | xxxxxx | xxxxxx C D A B | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | xxxxxx | xxxxxx D A B | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775279 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 775380 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775388 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777297 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775463 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775436 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 776980 | xxxxxx | xxxxxx | xxxxxx B C A | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777724 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777811 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777781 | xxxxxx | xxxxxx | xxxxxx C B D A | Mortgagor Focused |
| xxxxxx | 777780 | xxxxxx | xxxxxx | xxxxxx A B D | Mortgagor Focused |
| xxxxxx | 777782 | xxxxxx | xxxxxx | xxxxxx A B D | Mortgagor Focused |
| xxxxxx | 776859 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777586 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777060 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 777423 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 776752 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 774525 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 776882 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 772978 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776597 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 776987 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777349 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777851 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778016 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776318 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774663 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777536 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777084 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 777627 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777000 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 777850 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 776151 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778163 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 777606 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777609 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 773553 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 773614 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 778158 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 778245 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778247 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778234 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778233 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778242 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778260 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778250 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778248 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778239 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778246 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778235 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 775452 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 776376 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776557 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776921 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 775418 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777225 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 778142 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777696 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | xxxxxx | xxxxxx D A | Mortgagor Focused |
| xxxxxx | 777723 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 776471 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778162 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777842 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777779 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777304 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 774084 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777460 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778151 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 776891 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 777444 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 777567 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778022 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | xxxxxx | xxxxxx C B | Mortgagor Focused |
| xxxxxx | 776468 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777073 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 778258 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | xxxxxx | xxxxxx D C A B | Mortgagor Focused |
| xxxxxx | 775432 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777667 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 777674 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 776744 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 777677 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778026 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778344 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 778054 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 776615 | xxxxxx | xxxxxx | xxxxxx A D | Mortgagor Focused |
| xxxxxx | 778079 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777111 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777392 | xxxxxx | xxxxxx | xxxxxx C A D B | Mortgagor Focused |
| xxxxxx | 776531 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 775919 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777823 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777486 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778110 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 777600 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777064 | xxxxxx | xxxxxx | xxxxxx A | Mortgagor Focused |
| xxxxxx | 778174 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777433 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778144 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776749 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 775078 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776981 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778219 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777908 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777447 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778145 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 777703 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 772300 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 777827 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777072 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 777462 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777860 | xxxxxx | xxxxxx | xxxxxx C D B A | Property Focused |
| xxxxxx | 778351 | xxxxxx | xxxxxx | xxxxxx D B A | Mortgagor Focused |
| xxxxxx | 777534 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776038 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777705 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778654 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 776275 | xxxxxx | xxxxxx | xxxxxx D C A B | Mortgagor Focused |
| xxxxxx | 778458 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778321 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 777678 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777355 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 776172 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 776828 | xxxxxx | xxxxxx | xxxxxx D A | Property Focused |
| xxxxxx | 777467 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 777682 | xxxxxx | xxxxxx | xxxxxx A B | Mortgagor Focused |
| xxxxxx | 778155 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777058 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 778536 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777843 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778436 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778808 | xxxxxx | xxxxxx | xxxxxx C D A | Mortgagor Focused |
| xxxxxx | 778517 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 776321 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778999 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778481 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778220 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 777714 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 778478 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778476 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 778638 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778203 | xxxxxx | xxxxxx | xxxxxx B C A | Mortgagor Focused |
| xxxxxx | 773093 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 777082 | xxxxxx | xxxxxx | xxxxxx C D A B | Mortgagor Focused |
| xxxxxx | 777480 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778852 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 776185 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777059 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777604 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778910 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 779031 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777914 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 776986 | xxxxxx | xxxxxx | xxxxxx C D A B | Property Focused |
| xxxxxx | 778404 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778387 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 778359 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778315 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 779104 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777897 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 775619 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778143 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779137 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777299 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778308 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778420 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778114 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 779058 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779117 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 777463 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 778320 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778658 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 773282 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778379 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778380 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777839 | xxxxxx | xxxxxx | xxxxxx C A D B | Mortgagor Focused |
| xxxxxx | 779080 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778589 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778586 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 778161 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 777862 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779658 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 779118 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 778700 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 779719 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 779720 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 779721 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 779723 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 779726 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778821 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 779572 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779889 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 778388 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 780078 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 777416 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 778811 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 775412 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 778460 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 779244 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 779732 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 778707 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 780079 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 780084 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 779502 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 778502 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779657 | xxxxxx | xxxxxx | xxxxxx A C B | Mortgagor Focused |
| xxxxxx | 777489 | xxxxxx | xxxxxx | xxxxxx C A | Property Focused |
| xxxxxx | 780119 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 779818 | xxxxxx | xxxxxx | xxxxxx A C | Mortgagor Focused |
| xxxxxx | 778049 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 779173 | xxxxxx | xxxxxx | xxxxxx A | Property Focused |
| xxxxxx | 777854 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 779016 | xxxxxx | xxxxxx | xxxxxx C A | Mortgagor Focused |
| xxxxxx | 779164 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 778643 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 780175 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 778343 | xxxxxx | xxxxxx | xxxxxx C A B | Property Focused |
| xxxxxx | 779816 | xxxxxx | xxxxxx | xxxxxx C D A | Property Focused |
| xxxxxx | 779440 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 779882 | xxxxxx | xxxxxx | xxxxxx C B A | Mortgagor Focused |
| xxxxxx | 779281 | xxxxxx | xxxxxx | xxxxxx B A | Mortgagor Focused |
| xxxxxx | 779668 | xxxxxx | xxxxxx | xxxxxx C D A B | Property Focused |
| xxxxxx | 780128 | xxxxxx | xxxxxx | xxxxxx D A B | Property Focused |
| xxxxxx | 779438 | xxxxxx | xxxxxx | xxxxxx C A B | Mortgagor Focused |
| xxxxxx | 779123 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |
| xxxxxx | 780172 | xxxxxx | xxxxxx | xxxxxx B A | Property Focused |

---

## Exhibit 99.5

**EXHIBIT 99.5**

**AMC QM-ATR Diligence Report**

![](tm2233586d1_ex99-5img001.jpg)

**QM-ATR Diligence Report**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Borrower Name** | **Originator QM Designation** | **Originator Re Stated QM Designation** | **Due Diligence QM Designation** | **Application Date** |
| xxxxxx | 753833 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 761277 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 763628 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 766302 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 766474 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 766526 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 766406 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 762950 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 767812 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 767813 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 767819 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 767817 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 767811 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 767820 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 768309 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770092 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 768911 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768307 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 769138 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770628 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770630 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770402 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770167 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770405 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771102 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771002 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768721 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 769696 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768866 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768109 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 769308 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771693 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 768876 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770782 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770739 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 769858 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770663 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770256 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770897 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770087 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770883 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770871 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771051 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771065 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770598 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768880 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771155 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 767472 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770872 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770724 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 769693 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 769457 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771058 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771957 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 768115 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770176 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771482 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772093 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771534 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770198 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771375 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770934 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771478 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770142 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772421 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 767874 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771177 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771388 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772368 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770775 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771122 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771038 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772383 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773000 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773002 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771555 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771138 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773146 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772516 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771308 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772384 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771835 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772512 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 767478 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773050 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771826 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 770531 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773374 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771827 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773407 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771498 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772004 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773511 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772441 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772852 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772374 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772449 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771355 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772370 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772469 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771454 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772945 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 769070 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772268 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773212 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772779 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773404 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772131 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772462 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772463 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773303 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772507 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771985 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772412 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772838 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771829 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772369 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773397 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773216 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773384 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772468 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773157 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772454 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773382 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772631 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772717 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773542 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773097 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772585 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772415 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773103 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773510 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773613 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772887 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771430 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773546 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771159 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773080 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772434 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772946 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773114 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 773308 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774926 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773136 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775408 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775259 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772833 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772207 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774066 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773417 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774886 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774636 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771347 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772410 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773719 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775268 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774523 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774639 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774871 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774958 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773860 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771354 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775655 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774155 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771512 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 772728 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 771099 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774795 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774492 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774498 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773435 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774540 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 775503 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774490 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773532 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774817 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775154 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775883 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775139 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775665 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775307 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 770169 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775577 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775290 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774816 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775153 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771661 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774504 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 774791 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776452 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776444 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774922 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775772 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773277 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774917 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776461 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775589 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772161 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 774168 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773836 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775823 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776137 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775468 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775783 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771750 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775043 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776192 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775731 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775405 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775390 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776266 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775376 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776971 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776812 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772599 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776500 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777314 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776908 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776386 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775902 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776070 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776994 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776339 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775164 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777286 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777287 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777283 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777284 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777259 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777261 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777266 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773784 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776862 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776466 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776542 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775884 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777139 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776928 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776186 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776291 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776139 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776912 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777592 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777113 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775998 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775301 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776856 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777126 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775953 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777319 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776332 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777570 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777092 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777046 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777104 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776746 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775463 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776980 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776516 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777781 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777780 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777782 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776859 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776598 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777388 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776597 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777349 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776318 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777536 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777850 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777606 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777609 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775858 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776175 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 775452 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776557 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776921 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 778142 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777342 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777816 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777696 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776504 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777842 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776926 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777779 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777304 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777159 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777150 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777460 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777444 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778022 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 771951 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776468 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 778258 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776848 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777674 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776427 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777435 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776305 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776744 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777677 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776615 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 778079 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777111 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777392 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 777823 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777486 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778110 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777600 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777064 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778174 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777433 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778144 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776749 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776981 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777908 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777447 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778145 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777703 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 772300 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777827 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 778351 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777534 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777705 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778654 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776275 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778458 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778321 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777355 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 776172 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777467 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777682 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777843 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778808 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778517 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 776321 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777714 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778478 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778476 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778203 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 773093 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777082 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777604 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779031 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 778404 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778387 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777897 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778143 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778308 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779058 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779117 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778320 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778379 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777839 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 779080 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778589 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778586 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 777862 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 779118 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778700 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779572 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778388 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778460 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779244 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778502 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779657 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779818 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779016 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 779164 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 778643 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779440 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779882 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |
| xxxxxx | 779281 | xxxxxx | xxxxxx | N/A |  | N/A | xxxxxx |
| xxxxxx | 779438 | xxxxxx | xxxxxx | Non QM |  | Non QM | xxxxxx |

---

## Exhibit 99.6

**EXHIBIT 99.6**

**AMC Valuation Report**

![](tm2233586d1_ex99-6img001.jpg)

**Valuation Report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** | **DESK REVIEW 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** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** |  |  |  |
| **SitusAMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Value for LTV** | **LTV Value Variance Amount** | **LTV Value Variance Percent** | **Appraised Value** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraisal Valuation Type** | **Second Appraisal Value** | **Second Appraisal Variance Amount** | **Second Appraisal Variance Percent** | **Second Appraisal Report Date** | **Second Appraisal Effective Date** | **Second Appraisal Type** | **Second Appraisal Company** | **Second Appraisal Confidence Score** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Risk Score** | **Appraisal Report Date** | **Appraisal Effective Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Appraisal Report Date** | **Appraisal Effective Date** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Scope** |
| xxxxxx | 753372 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/24/2016 | 07/21/2016 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/19/2016 | 07/21/2016 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | 28.788% | Clear Capital | 07/20/2021 | xxxxxx | xxxxxx | 28.788% | Clear Capital | 07/20/2021 |  | N/A |  | Property Focused |
| xxxxxx | 753833 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2020 | 07/23/2020 | Drive By | xxxxxx | xxxxxx | -23.333% | 08/03/2021 |  | BPO | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -23.333% | Clear Capital | 08/03/2021 |  | N/A |  | Mortgagor Focused |
| xxxxxx | 759251 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/09/2021 | 08/04/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/21/2021 | 08/04/2021 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 761277 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/20/2021 | 10/18/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 11/04/2021 | 10/18/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 12/06/2021 | 12/01/2021 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 764363 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/05/2020 | 05/27/2020 | Appraisal | xxxxxx | $0.00 | 0.000% | 12/07/2021 | 05/27/2020 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 766424 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/18/2022 | 01/12/2022 | Appraisal | xxxxxx | xxxxxx | -3.571% | 01/21/2022 | 01/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.20 | Property Focused |
| xxxxxx | 766319 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/03/2022 | 12/31/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/18/2022 | 12/31/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.30 | Property Focused |
| xxxxxx | 766329 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/25/2022 | 01/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 766398 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/12/2022 | 11/19/2021 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 766352 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/05/2022 | 01/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 766302 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 12/19/2021 | 12/11/2021 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 766444 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 12/23/2021 | 12/20/2021 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 766474 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/06/2022 | 01/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 766434 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/23/2022 | 01/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/25/2022 | 01/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 766430 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/24/2022 | 01/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/21/2022 | 01/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 5.00 | Property Focused |
| xxxxxx | 766433 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/19/2022 | 12/13/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 12/28/2021 | 12/13/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.50 | Property Focused |
| xxxxxx | 766526 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/26/2022 | 01/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/27/2022 | 01/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.20 | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 12/20/2021 | 12/20/2021 | Appraisal | xxxxxx | xxxxxx | -0.500% | 01/04/2022 | 12/22/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 5.00 | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/24/2022 | 01/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/18/2022 | 01/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 766538 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/24/2022 | 12/18/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/19/2022 | 01/07/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $0.00 |  | xxxxxx | 01/19/2022 | 01/07/2022 | N/A |  | Property Focused |
| xxxxxx | 767126 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 12/10/2021 | 12/02/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 12/17/2021 | 12/02/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | N/A |  | Property Focused |
| xxxxxx | 767322 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/10/2022 | 01/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 01/13/2022 | 01/07/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | N/A |  | Property Focused |
| xxxxxx | 767389 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/26/2022 | 01/21/2022 | Appraisal | xxxxxx | xxxxxx | -4.762% | 02/04/2022 | 01/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.20 | Property Focused |
| xxxxxx | 767812 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 11/17/2021 | 11/16/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 12/10/2021 | 11/16/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/26/2021 | 10/17/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 11/02/2021 | 10/17/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/07/2022 | 01/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/07/2022 | 01/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/17/2022 | 12/29/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/20/2022 | 12/29/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/24/2022 | 12/31/2021 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/24/2022 | 12/31/2021 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/17/2022 | 01/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/16/2022 | 01/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 768345 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/23/2022 | 01/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/09/2022 | 01/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 768309 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/21/2022 | 02/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/14/2022 | 02/18/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 768620 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/04/2021 | 09/23/2021 | Appraisal | xxxxxx | xxxxxx | -7.627% | 12/19/2021 |  | BPO | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 768981 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/12/2022 | 03/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/12/2022 | 03/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 769473 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/08/2022 | 03/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/10/2022 | 03/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 768088 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/29/2022 | 03/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 768700 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/24/2022 | 03/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/06/2022 | 03/13/2022 | Field Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 770092 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/08/2022 | 02/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/04/2022 | 02/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 770274 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/06/2022 | 04/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/08/2022 | 04/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 768911 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/19/2022 | 03/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/09/2022 | 03/07/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/30/2022 | 03/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.60 | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/25/2022 | 03/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/27/2022 | 03/23/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/14/2022 | 01/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/03/2022 | 01/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/07/2022 | 04/02/2022 | Appraisal | xxxxxx | xxxxxx | 15.517% | 04/21/2022 | 02/08/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/21/2022 | 03/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/27/2022 | 04/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/26/2022 | 04/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/26/2022 | 04/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/15/2022 | 03/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/19/2022 | 02/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/24/2022 | 02/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/11/2022 | 04/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/13/2022 | 04/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.90 | Mortgagor Focused |
| xxxxxx | 769696 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/02/2022 | 04/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/29/2022 | 04/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/24/2022 | 03/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/18/2022 | 03/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 03/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/15/2022 | 03/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.10 | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/06/2022 | 05/05/2022 | Appraisal | xxxxxx | xxxxxx | -9.589% | 05/11/2022 | 05/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 771693 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/18/2022 | 04/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/20/2022 | 04/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/21/2022 | 04/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/06/2022 | 05/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/10/2022 | 05/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.20 | Mortgagor Focused |
| xxxxxx | 770739 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/16/2022 | 05/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/29/2022 | 03/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/18/2022 | 03/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 770663 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/13/2022 | 05/09/2022 | Appraisal | xxxxxx | xxxxxx | 3.554% | 05/19/2022 | 05/10/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/16/2022 | 05/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/11/2022 | 05/03/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/11/2022 | 04/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/16/2022 | 04/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/06/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.80 | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/11/2022 | 05/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/18/2022 | 05/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/18/2022 | 05/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/17/2022 | 05/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771065 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/10/2022 | 04/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.30 | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/31/2022 | 03/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/12/2022 | 03/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.40 | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/06/2022 | 04/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/12/2022 | 04/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/18/2022 | 04/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/13/2022 | 04/13/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/13/2022 | 03/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/17/2022 | 04/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/20/2022 | 04/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/11/2022 | 02/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/03/2022 | 02/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/10/2022 | 05/05/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 770389 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/11/2022 | 05/04/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 769457 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/15/2022 | 04/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/20/2022 | 05/16/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 767428 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 03/05/2022 | 03/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/09/2022 | 03/03/2022 | Appraisal | xxxxxx |  | xxxxxx | xxxxxx | 118.579% | xxxxxx | Moderate | 03/15/2022 | 03/01/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.60 | Property Focused |
| xxxxxx | 771957 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/25/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 768115 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/24/2022 | 03/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 05/07/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/17/2022 | 05/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.30 | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/20/2022 | 05/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/25/2022 | 05/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/27/2022 | 04/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/31/2022 | 04/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.50 | Mortgagor Focused |
| xxxxxx | 771375 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/24/2022 | 05/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 05/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/13/2022 | 05/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.20 | Mortgagor Focused |
| xxxxxx | 772675 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/29/2022 | 04/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/26/2022 | 04/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 771478 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 770142 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/10/2022 | 05/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.80 | Mortgagor Focused |
| xxxxxx | 770584 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/11/2022 | 05/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/23/2022 | 05/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 772421 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/05/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 11/16/2021 | 11/12/2021 | Appraisal | xxxxxx | xxxxxx | -1.929% | 09/23/2022 | 11/12/2021 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/05/2022 | 04/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/17/2022 | 04/13/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/19/2022 | 04/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/09/2022 | 05/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771825 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/06/2022 | 02/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/01/2022 | 02/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Property Focused |
| xxxxxx | 770775 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/09/2022 | 05/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/13/2022 | 05/02/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 771878 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/09/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/27/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 771122 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/02/2022 | 05/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/27/2022 | 05/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/08/2022 | 05/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/02/2022 | 05/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Mortgagor Focused |
| xxxxxx | 771579 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/12/2022 | 04/11/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/18/2022 | 04/11/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 771974 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/27/2022 | 05/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.80 | Property Focused |
| xxxxxx | 773000 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/06/2022 | 04/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/11/2022 | 04/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.50 | Mortgagor Focused |
| xxxxxx | 773002 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/16/2022 | 04/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/28/2022 | 04/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.00 | Mortgagor Focused |
| xxxxxx | 771555 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/27/2022 | 05/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771313 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/18/2022 | Appraisal | xxxxxx | xxxxxx | -4.211% | 05/25/2022 | 05/18/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 771069 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/20/2022 | 05/17/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Property Focused |
| xxxxxx | 771138 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/22/2022 | 05/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773146 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/21/2022 | 03/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/24/2022 | 03/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 772729 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 05/09/2022 | Appraisal | xxxxxx | xxxxxx | -7.692% | 05/24/2022 | 05/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772516 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/31/2022 | 05/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.70 | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/19/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773273 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/13/2022 | 04/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/25/2022 | 04/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.20 | Property Focused |
| xxxxxx | 772384 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/02/2022 | 06/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/08/2022 | 06/02/2022 | Appraisal | xxxxxx |  | xxxxxx | $0.00 | 0.000% | Clear Capital | Moderate | 06/08/2022 | 06/02/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/02/2022 | 04/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/03/2022 | 06/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/07/2022 | 06/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 767478 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/24/2022 | 05/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 772176 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx |  | 0.000% | xxxxxx |  |  |  |  |  |  |  |  | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773050 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/13/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.90 | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/17/2022 | 06/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 773428 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/17/2022 | 05/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/18/2022 | 05/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.10 | Property Focused |
| xxxxxx | 770531 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/05/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/11/2022 | 05/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/01/2022 | 05/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.40 | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/25/2022 | 05/23/2022 | Appraisal | xxxxxx | xxxxxx | 1.235% | 06/09/2022 | 06/07/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 771873 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/02/2022 | 04/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/03/2022 | 04/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | Property Focused |
| xxxxxx | 771157 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 05/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 773368 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/03/2022 | 06/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 773407 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 05/10/2022 | Appraisal | xxxxxx | xxxxxx | 6.250% | 06/14/2022 | 06/10/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.60 | Mortgagor Focused |
| xxxxxx | 773416 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/07/2022 | 06/04/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 773044 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/10/2022 | 05/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 770985 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/20/2022 | 05/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772719 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/24/2022 | 05/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 771498 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/03/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/06/2022 | 05/31/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.40 | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/01/2022 | 02/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/08/2022 | 02/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 773412 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/07/2022 | 06/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 771933 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 04/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/07/2022 | 04/09/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.50 | Property Focused |
| xxxxxx | 771936 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/09/2022 | 04/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/07/2022 | 04/09/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 772441 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/20/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/20/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/12/2022 | 06/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771893 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 06/02/2022 | Appraisal | xxxxxx | xxxxxx | -3.042% | 06/09/2022 | 06/02/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772374 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/09/2022 | 05/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.30 | Mortgagor Focused |
| xxxxxx | 771662 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/27/2022 | 05/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 772449 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/24/2022 | 05/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/26/2022 | 05/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.10 | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/10/2022 | 05/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773405 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 06/17/2022 | 06/01/2022 | Appraisal | xxxxxx | xxxxxx | 2.410% | 06/15/2022 | 06/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.50 | Property Focused |
| xxxxxx | 772370 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/15/2022 | 06/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/16/2022 | 06/10/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 773323 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 03/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 771477 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/07/2022 | 05/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Property Focused |
| xxxxxx | 773810 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/11/2022 | 02/08/2022 | Appraisal | xxxxxx | xxxxxx | -9.500% | 04/15/2022 | 02/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 771454 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 0.000% | xxxxxx | 05/25/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/24/2022 | 05/18/2022 | Appraisal | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx |  | 05/28/2022 | 05/18/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.00 | Mortgagor Focused |
| xxxxxx | 773459 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/13/2022 | 06/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 772456 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/09/2022 | 05/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/10/2022 | 05/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772945 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/29/2022 | 04/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/17/2022 | 04/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 771931 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 05/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.70 | Property Focused |
| xxxxxx | 772268 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/15/2022 | 05/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/13/2022 | 05/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.10 | Mortgagor Focused |
| xxxxxx | 773376 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/10/2022 | 06/08/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 773212 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/09/2022 | 06/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 772779 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/31/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/08/2022 | 06/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/06/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 769003 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 05/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/01/2022 | 05/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772462 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/02/2022 | 06/01/2022 | Appraisal | xxxxxx | xxxxxx | 1.719% | 06/06/2022 | 06/03/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/04/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/09/2022 | 05/31/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Mortgagor Focused |
| xxxxxx | 771327 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/10/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/09/2022 | 05/19/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.30 | Property Focused |
| xxxxxx | 772526 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx |  | 0.000% | xxxxxx |  |  |  |  |  |  |  |  | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773329 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 06/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Property Focused |
| xxxxxx | 773303 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/07/2022 | 05/31/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 771899 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/23/2022 | 06/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/27/2022 | 06/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.70 | Property Focused |
| xxxxxx | 771927 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 05/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 772507 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/12/2022 | 05/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772578 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 771985 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/08/2022 | 06/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.70 | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/23/2022 | 06/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/05/2022 | 05/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/27/2022 | 05/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/30/2022 | 05/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/12/2022 | 06/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/22/2022 | 06/09/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773397 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/14/2022 | 06/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/22/2022 | 01/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/16/2022 | 06/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.40 | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 06/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/07/2022 | 06/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/23/2022 | 06/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.60 | Mortgagor Focused |
| xxxxxx | 773484 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 06/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/17/2022 | 06/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 772454 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/24/2022 | 06/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/26/2022 | 06/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773472 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.50 | Property Focused |
| xxxxxx | 772868 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/21/2022 | 04/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/22/2022 | 04/02/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 5.00 | Property Focused |
| xxxxxx | 773382 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 06/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772631 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 06/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/15/2022 | 06/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.20 | Mortgagor Focused |
| xxxxxx | 772170 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 0.000% | xxxxxx | 06/29/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/01/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | 20.109% | Clear Capital | 07/06/2022 |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 773542 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771952 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 06/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.50 | Property Focused |
| xxxxxx | 772861 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 06/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.20 | Property Focused |
| xxxxxx | 772585 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 05/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772415 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 06/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/12/2022 | 06/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/25/2022 | 06/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/24/2022 | 03/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/30/2022 | 03/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 772722 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | 0.000% | xxxxxx |  |  |  |  |  |  |  |  | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773613 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/12/2022 | 07/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/15/2022 | 07/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 775083 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/05/2022 | 04/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/09/2022 | 04/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772887 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/19/2022 | Appraisal | xxxxxx | xxxxxx | 2.800% | 07/07/2022 | 07/02/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.00 | Mortgagor Focused |
| xxxxxx | 772937 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/15/2022 | 06/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/13/2022 | 06/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773555 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/17/2022 | 06/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Property Focused |
| xxxxxx | 771430 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/25/2022 | 05/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/11/2022 | 02/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/16/2022 | 02/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.10 | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/27/2022 | 04/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/24/2022 | 04/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/05/2022 | Appraisal | xxxxxx | xxxxxx | 1.639% | 07/20/2022 | 06/24/2022 | Appraisal | xxxxxx |  | xxxxxx | xxxxxx | 1.639% | Clear Capital | Low | 07/04/2022 | 06/24/2022 |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773105 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 06/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/05/2022 | 06/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773152 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 06/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/01/2022 | 06/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | Property Focused |
| xxxxxx | 775492 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 04/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.10 | Property Focused |
| xxxxxx | 772434 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/18/2022 | 06/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/01/2022 | 06/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focused |
| xxxxxx | 771783 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/24/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/12/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.00 | Property Focused |
| xxxxxx | 772946 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/07/2022 | 07/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/11/2022 | 07/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/29/2022 | 05/31/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 5.00 | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/28/2022 | 06/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 772114 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/31/2022 | 03/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/27/2022 | 03/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 774926 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 07/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/28/2022 | 06/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773579 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 07/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/05/2022 | 07/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773583 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 06/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 773584 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 07/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/05/2022 | 07/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Property Focused |
| xxxxxx | 773585 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 06/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.90 | Property Focused |
| xxxxxx | 773588 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/17/2022 | 07/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/05/2022 | 07/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 773589 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/17/2022 | 07/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/05/2022 | 07/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Property Focused |
| xxxxxx | 775408 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/12/2022 | 07/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/14/2022 | 07/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.90 | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/07/2022 | 07/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 07/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/22/2022 | 06/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/23/2022 | 06/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.30 | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/17/2022 | 06/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.50 | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 07/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/21/2022 | 06/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/23/2022 | 06/20/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 774636 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 07/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/08/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.10 | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/15/2022 | 06/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/12/2022 | 06/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/08/2022 | 06/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/13/2022 | 06/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 06/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 774639 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/26/2022 | 06/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 06/22/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/11/2022 | 06/22/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 07/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773221 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/19/2022 | 07/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/20/2022 | 07/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 771967 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/14/2022 | 06/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/15/2022 | 06/09/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775935 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 06/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/19/2022 | 06/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.50 | Property Focused |
| xxxxxx | 773860 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/23/2022 | Appraisal | xxxxxx | xxxxxx | 1.563% | 06/29/2022 | 06/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.90 | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/05/2022 | 04/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/11/2022 | 04/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 775655 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/23/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 06/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 776145 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/06/2022 | 06/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/30/2022 | 06/02/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.20 | Property Focused |
| xxxxxx | 771512 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/27/2022 | 04/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/08/2022 | 07/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/12/2022 | 07/07/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 774251 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/28/2022 | 06/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 775525 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 07/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/17/2022 | 07/13/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 771968 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/24/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/07/2022 | 05/31/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Property Focused |
| xxxxxx | 771099 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/25/2022 | 05/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.20 | Mortgagor Focused |
| xxxxxx | 772743 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 06/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/07/2022 | 06/29/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776144 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/01/2022 | 05/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/07/2022 | 05/20/2022 | Field Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.30 | Property Focused |
| xxxxxx | 774795 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/29/2022 | 05/31/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.00 | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/12/2022 | 07/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/08/2022 | 06/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Mortgagor Focused |
| xxxxxx | 774540 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/20/2022 | 06/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/15/2022 | 06/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2022 | 07/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.10 | Mortgagor Focused |
| xxxxxx | 775387 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/27/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 776168 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 771573 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/21/2022 | 06/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/23/2022 | 06/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 774490 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 06/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/18/2022 | 07/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/22/2022 | 07/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 4.40 | Mortgagor Focused |
| xxxxxx | 772958 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 06/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 776279 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/21/2022 | 06/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 774747 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 07/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/09/2022 | 07/02/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.50 | Property Focused |
| xxxxxx | 774817 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/16/2022 | 07/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/20/2022 | 06/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 775883 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/18/2022 | 05/11/2022 | Appraisal | xxxxxx | xxxxxx | 0.240% | 06/10/2022 | 05/03/2022 | Appraisal | xxxxxx |  | xxxxxx | $0.00 | 0.000% | Clear Capital | Moderate | 05/20/2022 | 05/11/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.10 | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/08/2022 | 07/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/27/2022 | 07/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 775307 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/23/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/13/2022 | 05/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 07/12/2022 | Appraisal | xxxxxx | xxxxxx | 11.836% | 07/26/2022 |  | AVM | xxxxxx | 0.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.80 | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/12/2022 | 07/11/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/21/2022 | 07/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/26/2022 | 07/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.50 | Mortgagor Focused |
| xxxxxx | 775920 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 07/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 775142 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/08/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 775929 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/08/2022 | 04/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/25/2022 | 04/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 772971 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 03/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/16/2022 | 03/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773220 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 06/29/2022 | 06/27/2022 | Appraisal | xxxxxx | xxxxxx | 10.109% | 07/07/2022 | 06/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.70 | Property Focused |
| xxxxxx | 775153 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/14/2022 | 07/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/11/2022 | 07/08/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/13/2022 | 06/07/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 774504 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/18/2022 | 07/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/19/2022 | 07/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.00 | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/21/2022 | 07/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/25/2022 | 07/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 775654 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/14/2022 | 07/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/20/2022 | 07/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Property Focused |
| xxxxxx | 776391 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 04/22/2022 | Appraisal | xxxxxx | xxxxxx | 9.574% | 05/06/2022 | 05/06/2022 | Appraisal | xxxxxx |  | xxxxxx | xxxxxx | 9.575% | Clear Capital | Moderate | 05/12/2022 | 05/06/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776452 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 07/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/12/2022 | 07/01/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 06/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 06/30/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Mortgagor Focused |
| xxxxxx | 776442 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/07/2022 | 06/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/01/2022 | 06/23/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 774922 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/07/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 06/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 771929 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/29/2022 | 07/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 773277 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/28/2022 | 06/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.30 | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/08/2022 | 05/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.00 | Mortgagor Focused |
| xxxxxx | 774748 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/23/2022 | 06/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Property Focused |
| xxxxxx | 775635 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/18/2022 | 07/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Property Focused |
| xxxxxx | 774951 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 06/29/2022 | Appraisal | xxxxxx | xxxxxx | -9.091% | 09/25/2022 | 09/16/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -10.390% | xxxxxx | 08/12/2022 | xxxxxx | xxxxxx |  | xxxxxx | 09/25/2022 | 09/16/2022 | N/A |  | Property Focused |
| xxxxxx | 771817 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/20/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/24/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | No |  | Property Focused |
| xxxxxx | 775777 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/25/2022 | 07/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/23/2022 | 07/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | Yes | 1.40 | Property Focused |
| xxxxxx | 776461 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/23/2022 | 06/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/23/2022 | 06/14/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 774946 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/08/2022 | 07/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 776188 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/19/2022 | 07/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/29/2022 | 07/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.90 | Property Focused |
| xxxxxx | 775589 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/10/2022 | 07/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/27/2022 | 07/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 773979 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/22/2022 | 04/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 04/26/2022 | 04/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 772161 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/08/2022 | 06/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/16/2022 | 06/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/16/2022 | 07/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.20 | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/19/2022 | 07/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/21/2022 | 07/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.20 | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/03/2022 | 07/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Mortgagor Focused |
| xxxxxx | 775936 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 775468 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/24/2022 | 07/23/2022 | Appraisal | xxxxxx | xxxxxx | 0.422% | 08/02/2022 | 07/28/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.90 | Mortgagor Focused |
| xxxxxx | 775627 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/23/2022 | 07/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 775630 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/23/2022 | 07/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/06/2022 | 07/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.90 | Property Focused |
| xxxxxx | 775783 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.30 | Mortgagor Focused |
| xxxxxx | 776761 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 04/06/2022 | 04/06/2022 | Appraisal | xxxxxx | xxxxxx | 27.097% | 04/22/2022 | 04/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 775816 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 04/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 771750 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/07/2022 | 06/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/13/2022 | 06/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Mortgagor Focused |
| xxxxxx | 775430 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 07/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 775811 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/16/2022 | 06/10/2022 | Appraisal | xxxxxx | xxxxxx | 11.724% | 07/28/2022 | 07/22/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 775424 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/14/2022 | 06/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/08/2022 | 06/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.80 | Property Focused |
| xxxxxx | 776571 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/28/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775980 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/19/2022 | 05/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Property Focused |
| xxxxxx | 775043 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/03/2022 | 07/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/04/2022 | 07/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.20 | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/20/2022 | 04/22/2022 | Appraisal | xxxxxx | xxxxxx | -7.692% | 06/23/2022 | 04/22/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2022 | 07/22/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/15/2022 | 07/22/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/02/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 772555 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx |  | 0.000% | xxxxxx |  |  |  |  |  |  |  |  | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775390 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/27/2022 | 07/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 775930 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 06/22/2022 | Appraisal | xxxxxx | xxxxxx | 1.519% | 07/22/2022 |  | AVM | xxxxxx | 0.07 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776266 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 07/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/27/2022 | 07/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.10 | Mortgagor Focused |
| xxxxxx | 775376 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 07/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.20 | Mortgagor Focused |
| xxxxxx | 775409 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/24/2022 | 07/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 776971 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/10/2022 | 06/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776812 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 07/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.40 | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/11/2022 | 06/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.60 | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/22/2022 | 07/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.50 | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/17/2022 | 06/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 06/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.70 | Mortgagor Focused |
| xxxxxx | 774824 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/23/2022 | 07/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 776908 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/29/2022 | 04/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/15/2022 | 04/25/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 776004 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/08/2022 | Appraisal | xxxxxx | xxxxxx | 0.024% | 08/19/2022 | 08/15/2022 | Appraisal | xxxxxx |  | xxxxxx | $0.00 | 0.000% | Clear Capital | Moderate | 08/11/2022 | 08/08/2022 |  |  |  |  |  |  |  |  |  |  |  | No | 1.90 | Property Focused |
| xxxxxx | 775902 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 08/02/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 08/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/26/2022 | 07/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 776339 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/16/2022 | 07/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/08/2022 | 08/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/23/2022 | 05/22/2022 | Appraisal | xxxxxx | xxxxxx | 2.545% | 03/30/2022 | 03/25/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/22/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/26/2022 |  | AVM | xxxxxx | 0.13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | Mortgagor Focused |
| xxxxxx | 777283 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/03/2022 | 05/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 05/06/2022 |  | AVM | xxxxxx | 0.13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/11/2022 | 05/08/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/25/2022 | 03/22/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/31/2022 |  | AVM | xxxxxx | 0.13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 4.40 | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/18/2022 | 03/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/24/2022 |  | AVM | xxxxxx | 0.2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/03/2022 | 05/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Mortgagor Focused |
| xxxxxx | 777256 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 02/08/2022 | 02/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 02/16/2022 |  | AVM | xxxxxx | 0.13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 777258 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/01/2022 | 02/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 03/22/2022 | 02/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776507 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 07/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/11/2022 | 07/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773784 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/05/2022 | 06/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 776862 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/14/2022 | 08/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.40 | Mortgagor Focused |
| xxxxxx | 776874 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 07/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/21/2022 | 07/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776466 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/04/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 775384 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/11/2022 | 08/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 | 08/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776542 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/25/2022 | 08/02/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Mortgagor Focused |
| xxxxxx | 777107 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/09/2022 | 08/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/18/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775433 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 07/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 775884 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/22/2022 | 08/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.30 | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/04/2022 | 07/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.30 | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/18/2022 | 08/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 774041 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 05/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/27/2022 | 05/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 776186 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/18/2022 | 08/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Mortgagor Focused |
| xxxxxx | 776385 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 08/24/2022 | 08/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.30 | Property Focused |
| xxxxxx | 776291 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/11/2022 | 06/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/01/2022 | 06/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 777110 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/11/2022 | 07/06/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Property Focused |
| xxxxxx | 775423 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 07/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.10 | Property Focused |
| xxxxxx | 776139 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/10/2022 | 08/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 774736 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/27/2022 | 06/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/26/2022 | 06/27/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 776912 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/22/2022 | 08/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777592 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/18/2022 | 08/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/19/2022 | 08/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/24/2022 | 08/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Mortgagor Focused |
| xxxxxx | 777231 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/16/2022 | 08/12/2022 | Appraisal | xxxxxx | xxxxxx | -3.947% | 08/19/2022 | 08/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777612 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/07/2022 | 06/16/2022 | Appraisal | xxxxxx | xxxxxx | -8.808% | 07/26/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775998 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 08/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 776922 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 07/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 775634 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/03/2022 | 08/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 775301 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/18/2022 | 07/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 777126 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/03/2022 | 08/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.30 | Mortgagor Focused |
| xxxxxx | 776559 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 07/28/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777319 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/18/2022 | 08/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.70 | Mortgagor Focused |
| xxxxxx | 776044 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/27/2022 | 05/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/29/2022 | 05/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775857 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/26/2022 | 07/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/30/2022 | 07/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.50 | Property Focused |
| xxxxxx | 776332 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.70 | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/07/2022 | 04/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/15/2022 | 04/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.10 | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.80 | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 06/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/07/2022 | 06/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/24/2022 | 08/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/16/2022 | 08/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/23/2022 | 08/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.00 | Mortgagor Focused |
| xxxxxx | 775279 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 06/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 775380 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/04/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Property Focused |
| xxxxxx | 775388 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 08/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777297 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/18/2022 | 08/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Property Focused |
| xxxxxx | 775463 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/20/2022 | 07/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/22/2022 | 07/18/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.90 | Mortgagor Focused |
| xxxxxx | 775436 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/18/2022 | 07/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.20 | Property Focused |
| xxxxxx | 776980 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/19/2022 | 07/19/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.40 | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/24/2022 | 08/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | Mortgagor Focused |
| xxxxxx | 777724 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 777811 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 06/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/18/2022 | 06/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777781 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 06/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/20/2022 | 06/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 777780 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/02/2022 | 06/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/19/2022 | 06/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 777782 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 06/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/19/2022 | 06/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 776859 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 08/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/25/2022 | 08/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/16/2022 | 05/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/17/2022 | 05/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.00 | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777586 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/26/2022 | 08/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.20 | Property Focused |
| xxxxxx | 777060 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/22/2022 | 08/11/2022 | Appraisal | xxxxxx | xxxxxx | -9.831% | 08/18/2022 | 08/11/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777423 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/24/2022 | 08/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/24/2022 | 08/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776752 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 08/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 | 08/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 774525 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/29/2022 | 07/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 776882 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 05/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/24/2022 | 05/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 772978 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/07/2022 | 06/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.00 | Property Focused |
| xxxxxx | 776597 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/11/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/12/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focused |
| xxxxxx | 776987 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 08/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/09/2022 | 08/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777349 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/22/2022 | 08/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 777851 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/05/2022 | Appraisal | xxxxxx | xxxxxx | -9.000% | 08/19/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778016 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2022 | 07/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/18/2022 | 07/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776318 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/21/2022 | 07/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.90 | Mortgagor Focused |
| xxxxxx | 774663 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 04/14/2022 | 04/05/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 777536 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/09/2022 | 08/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 777084 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/30/2022 | 07/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/16/2022 | 07/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777627 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 08/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/18/2022 | 08/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777000 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/31/2022 | 08/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777850 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776151 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 778163 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/08/2022 | 08/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/06/2022 | 08/31/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 777606 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 08/26/2022 | Desk Review | Clear Capital |  | xxxxxx | xxxxxx | 1.980% | Clear Capital | Moderate | 09/01/2022 | 08/26/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 777609 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/31/2022 | 08/26/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.80 | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 08/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/30/2022 | 08/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.20 | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/08/2022 | 07/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focused |
| xxxxxx | 773553 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/01/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/05/2022 | 06/28/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 773614 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/06/2022 | 07/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 07/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778158 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 08/05/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 778245 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/05/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778247 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778234 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/02/2022 | 07/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/03/2022 | 07/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778233 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 08/02/2022 | 07/18/2022 | Appraisal | xxxxxx | xxxxxx | 1.695% | 08/01/2022 | 07/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 |  | N/A |  | Property Focused |
| xxxxxx | 778242 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/03/2022 | 06/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/29/2022 | 06/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | N/A |  | Property Focused |
| xxxxxx | 778260 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 08/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/08/2022 | 08/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | N/A |  | Property Focused |
| xxxxxx | 778250 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/26/2022 | 06/30/2022 | Appraisal | xxxxxx | xxxxxx | 1.389% | 07/25/2022 | 07/20/2022 | Appraisal | xxxxxx |  | xxxxxx | xxxxxx | -27.778% | Clear Capital | High | 07/06/2022 | 06/30/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778248 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/22/2022 | 07/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/02/2022 | 07/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778239 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/17/2022 | 08/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778246 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/02/2022 | 06/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/06/2022 | 06/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778235 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/12/2022 | 06/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/02/2022 | 06/29/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775452 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/13/2022 | 07/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 776376 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 05/31/2022 | 05/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 |  | BPO | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 776557 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/29/2022 | 07/27/2022 | Appraisal | xxxxxx | xxxxxx | -4.014% | 08/22/2022 | 07/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 776921 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/14/2022 | 08/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 775418 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/08/2022 | 07/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/09/2022 | 07/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Property Focused |
| xxxxxx | 777225 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 09/29/2022 | 08/08/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Property Focused |
| xxxxxx | 778142 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/16/2022 | 08/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/08/2022 | 08/05/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/26/2022 | 08/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 08/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.00 | Mortgagor Focused |
| xxxxxx | 777696 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 08/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 777723 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 08/18/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.70 | Property Focused |
| xxxxxx | 776471 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/26/2022 | 07/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/28/2022 | 07/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.90 | Property Focused |
| xxxxxx | 778162 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 07/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/08/2022 | 07/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.80 | Property Focused |
| xxxxxx | 777842 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/25/2022 | 08/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/13/2022 | 08/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777779 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/26/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focused |
| xxxxxx | 777304 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/22/2022 | 08/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/24/2022 | 08/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 08/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.80 | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/06/2022 | 08/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 774084 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/30/2022 | 06/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/27/2022 | 06/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777460 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/27/2022 | 08/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focused |
| xxxxxx | 778151 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.50 | Property Focused |
| xxxxxx | 776891 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/19/2022 | 08/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 08/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777444 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/07/2022 | 08/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/07/2022 | 08/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focused |
| xxxxxx | 777567 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 01/31/2022 | 01/31/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 778022 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/06/2022 | 08/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/09/2022 | 08/31/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 03/28/2022 | 03/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776468 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 08/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.60 | Mortgagor Focused |
| xxxxxx | 777073 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/11/2022 | 08/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/11/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.70 | Property Focused |
| xxxxxx | 778258 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/05/2022 | 07/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/26/2022 | 07/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.90 | Mortgagor Focused |
| xxxxxx | 775432 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/06/2022 | 08/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/09/2022 | 08/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 777667 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 08/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/02/2022 | 08/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.80 | Property Focused |
| xxxxxx | 777674 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 08/31/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/15/2022 | 08/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 08/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 | 08/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 08/09/2022 | Appraisal | xxxxxx | xxxxxx | -3.000% | 09/02/2022 | 08/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.60 | Mortgagor Focused |
| xxxxxx | 776744 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/24/2022 | 08/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focused |
| xxxxxx | 777677 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 09/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focused |
| xxxxxx | 778026 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/25/2022 | 08/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/29/2022 | 08/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778344 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 08/10/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/14/2022 | 08/10/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778054 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/08/2022 | 09/02/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/09/2022 | 09/02/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Property Focused |
| xxxxxx | 776615 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/08/2022 | 08/11/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/09/2022 | 08/11/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 3.20 | Mortgagor Focused |
| xxxxxx | 778079 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 08/31/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focus |
| xxxxxx | 777111 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 08/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.30 | Mortgagor Focus |
| xxxxxx | 777392 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/24/2022 | 08/08/2022 | Appraisal | xxxxxx | xxxxxx | -7.643% | 10/06/2022 | 08/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focus |
| xxxxxx | 776531 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 08/22/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/30/2022 | 08/22/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.20 | Property Focused |
| xxxxxx | 775919 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/22/2022 | 07/19/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.10 | Property Focused |
| xxxxxx | 777823 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 08/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/07/2022 | 08/31/2022 | Appraisal | xxxxxx |  | xxxxxx | $0.00 | 0.000% | Clear Capital | Moderate | 09/13/2022 | 08/31/2022 |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | Mortgagor Focus |
| xxxxxx | 777486 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/07/2022 | 09/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 778110 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/20/2022 | 09/01/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 777600 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/05/2022 | 09/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/14/2022 | 09/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.10 | Mortgagor Focus |
| xxxxxx | 777064 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/26/2022 | 08/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/01/2022 | 08/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Mortgagor Focus |
| xxxxxx | 778174 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/27/2022 | 08/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.20 | Mortgagor Focus |
| xxxxxx | 777433 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/12/2022 | 09/12/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.00 | Mortgagor Focus |
| xxxxxx | 778144 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/07/2022 | 08/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/17/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Mortgagor Focus |
| xxxxxx | 776749 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/19/2022 | 09/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 775078 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 09/14/2022 | 07/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/07/2022 | 08/29/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 776981 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/29/2022 | 07/28/2022 | Appraisal | xxxxxx | xxxxxx | -2.326% | 08/10/2022 | 07/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 778219 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/01/2022 | 07/28/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/12/2022 | 07/28/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777908 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/19/2022 | 09/07/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 777447 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 08/31/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 778145 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/14/2022 | 09/09/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 777703 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/31/2022 | 08/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.70 | Mortgagor Focus |
| xxxxxx | 772300 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 08/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/29/2022 | 08/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.80 | Mortgagor Focus |
| xxxxxx | 777827 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/10/2022 | 08/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/13/2022 | 08/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.80 | Mortgagor Focus |
| xxxxxx | 777072 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 08/31/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Property Focused |
| xxxxxx | 777462 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/19/2022 | 08/16/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.30 | Property Focused |
| xxxxxx | 777860 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/01/2022 | 08/25/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/12/2022 | 08/25/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.70 | Property Focused |
| xxxxxx | 778351 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 08/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/02/2022 | 08/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focus |
| xxxxxx | 777534 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 776038 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/26/2022 | 08/11/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/29/2022 | 08/11/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 777705 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/26/2022 | 08/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/31/2022 | 08/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.30 | Mortgagor Focus |
| xxxxxx | 778654 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 09/13/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 776275 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/29/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/31/2022 | 08/29/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 778458 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/14/2022 | 09/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/15/2022 | 09/13/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focus |
| xxxxxx | 778321 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/20/2022 | 09/19/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 777678 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/08/2022 | 09/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.20 | Property Focused |
| xxxxxx | 777355 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/07/2022 | 08/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focus |
| xxxxxx | 776172 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/08/2022 | 08/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 776828 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 09/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777467 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 08/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.70 | Mortgagor Focus |
| xxxxxx | 777682 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 09/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 778155 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.10 | Property Focused |
| xxxxxx | 777058 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/27/2022 | 08/29/2022 | Appraisal | xxxxxx | xxxxxx | -0.409% | 10/19/2022 | 08/29/2022 | Appraisal | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -8.070% | xxxxxx | 08/29/2022 |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778536 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/07/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.40 | Property Focused |
| xxxxxx | 777843 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 09/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.30 | Mortgagor Focus |
| xxxxxx | 778436 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/10/2022 | 08/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 08/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778808 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/22/2022 | 09/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 09/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.50 | Mortgagor Focus |
| xxxxxx | 778517 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/21/2022 | 09/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.90 | Mortgagor Focus |
| xxxxxx | 776321 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/02/2022 | 09/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/12/2022 | 09/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.30 | Mortgagor Focus |
| xxxxxx | 778999 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/12/2022 | 09/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/19/2022 | 09/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778481 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/28/2022 | 09/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/13/2022 | 09/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778220 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/15/2022 | 08/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777714 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/07/2022 | 09/02/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 778478 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/26/2022 | 09/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/14/2022 | 09/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.60 | Mortgagor Focus |
| xxxxxx | 778476 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 778638 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/28/2022 | 09/15/2022 | Appraisal | xxxxxx | xxxxxx | -9.667% | 09/21/2022 | 09/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778203 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 09/14/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.90 | Mortgagor Focus |
| xxxxxx | 773093 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 0.000% | xxxxxx | 06/21/2022 | 06/15/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.50 | Mortgagor Focus |
| xxxxxx | 777082 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/23/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/28/2022 | 09/23/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.20 | Mortgagor Focus |
| xxxxxx | 777480 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/13/2022 | 09/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/06/2022 | 09/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778852 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/28/2022 | 08/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/30/2022 | 08/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.70 | Property Focused |
| xxxxxx | 776185 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/25/2022 | 08/11/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.20 | Property Focused |
| xxxxxx | 777059 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/25/2022 | 08/11/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/07/2022 | 08/11/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777604 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/26/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 778910 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 08/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/09/2022 | 08/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779031 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/30/2022 | 08/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focus |
| xxxxxx | 777914 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/23/2022 | 08/23/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 776986 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/17/2022 | 08/16/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Property Focused |
| xxxxxx | 778404 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/08/2022 | 08/06/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.30 | Mortgagor Focus |
| xxxxxx | 778387 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/20/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Mortgagor Focus |
| xxxxxx | 778359 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/30/2022 | 09/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/28/2022 | 09/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.40 | Property Focused |
| xxxxxx | 778315 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/19/2022 | 08/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/29/2022 | 08/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.60 | Property Focused |
| xxxxxx | 779104 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/22/2022 | 09/22/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 09/22/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777897 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 775619 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 778143 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/12/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 09/12/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 779137 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/09/2022 | 09/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/06/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777299 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/03/2022 | 09/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/03/2022 | 09/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 778308 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/30/2022 | 08/24/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.30 | Mortgagor Focus |
| xxxxxx | 778420 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/03/2022 | 09/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/04/2022 | 09/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 4.10 | Property Focused |
| xxxxxx | 778114 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/25/2022 | 09/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.80 | Property Focused |
| xxxxxx | 779058 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 07/22/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.00 | Mortgagor Focus |
| xxxxxx | 779117 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 777463 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/10/2022 | 10/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/11/2022 |  | BPO | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778320 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focus |
| xxxxxx | 778658 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 0.000% | xxxxxx | 09/23/2022 | 09/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/06/2022 | 10/04/2022 | Appraisal | xxxxxx |  | xxxxxx | xxxxxx | 3.838% | Clear Capital | Moderate | 09/26/2022 | 09/21/2022 |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 773282 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/21/2022 | 06/16/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 06/22/2022 | 06/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778379 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/17/2022 | 09/17/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 778380 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/26/2022 | 09/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/25/2022 | 09/15/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 777839 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/18/2022 | 07/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/05/2022 | 07/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Mortgagor Focus |
| xxxxxx | 779080 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/30/2022 | 08/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 778589 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 09/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/27/2022 | 09/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 778586 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/28/2022 | 06/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 778161 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 11/04/2022 | 09/30/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.40 | Property Focused |
| xxxxxx | 777862 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/25/2022 | 07/21/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 779658 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 08/29/2022 | 08/29/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.10 | Property Focused |
| xxxxxx | 779118 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/03/2022 | 09/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.10 | Mortgagor Focus |
| xxxxxx | 778700 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/20/2022 | 09/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/21/2022 | 09/13/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.70 | Mortgagor Focus |
| xxxxxx | 779719 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 07/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 07/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779720 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 07/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 07/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779721 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 07/08/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/26/2022 | 07/08/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779723 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/20/2022 | 09/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/21/2022 | 09/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779726 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/04/2022 | 09/19/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/19/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778821 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/26/2022 | 09/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779572 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/12/2022 | 09/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/28/2022 | 09/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.60 | Mortgagor Focus |
| xxxxxx | 779889 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/07/2022 | 10/04/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/14/2022 | 10/04/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 778388 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/29/2022 | 09/20/2022 | Appraisal | xxxxxx | xxxxxx | -0.821% | 09/29/2022 |  | AVM | xxxxxx | 0.13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.50 | Mortgagor Focus |
| xxxxxx | 780078 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/01/2022 | 05/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/17/2022 | 05/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 777416 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/22/2022 | 07/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 08/15/2022 | 07/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.10 | Property Focused |
| xxxxxx | 778811 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/13/2022 | 10/03/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/07/2022 | 10/03/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 775412 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 07/27/2022 | 07/26/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 07/31/2022 | 07/26/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 3.10 | Property Focused |
| xxxxxx | 778460 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/11/2022 | 09/19/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.20 | Mortgagor Focus |
| xxxxxx | 779244 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/26/2022 | 09/24/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/28/2022 | 09/24/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.00 | Mortgagor Focus |
| xxxxxx | 779732 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/04/2022 | 09/30/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 11/03/2022 | 09/30/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 5.00 | Property Focused |
| xxxxxx | 778707 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/09/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/22/2022 | 09/09/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 780079 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/04/2022 | 05/31/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/17/2022 | 05/31/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 780084 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/05/2022 | 10/04/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 779502 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/14/2022 | 10/07/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/17/2022 | 10/07/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Property Focused |
| xxxxxx | 778502 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/21/2022 | 09/20/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 779657 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/08/2022 | 10/08/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Mortgagor Focus |
| xxxxxx | 777489 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/03/2022 | 08/15/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/16/2022 | 08/15/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 780119 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/02/2022 | 09/25/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 1.00 | Property Focused |
| xxxxxx | 779818 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/19/2022 | 10/12/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 778049 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 06/22/2022 | 06/14/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/11/2022 | 06/14/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 779173 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/04/2022 | 09/27/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/17/2022 | 09/27/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.00 | Property Focused |
| xxxxxx | 777854 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/20/2022 | 09/13/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/29/2022 | 09/13/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.50 | Property Focused |
| xxxxxx | 779016 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/19/2022 | 10/18/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/24/2022 | 10/18/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.90 | Mortgagor Focus |
| xxxxxx | 779164 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/01/2022 | 10/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/06/2022 | 10/01/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 3.20 | Mortgagor Focus |
| xxxxxx | 778643 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/27/2022 | 10/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 1.00 | Mortgagor Focus |
| xxxxxx | 780175 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/10/2022 | 10/03/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 2.30 | Property Focused |
| xxxxxx | 778343 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/30/2022 | 09/16/2022 | Appraisal |  |  |  |  |  | LCA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes |  | Property Focused |
| xxxxxx | 779816 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/13/2022 | 09/21/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 09/30/2022 | 09/21/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  | Property Focused |
| xxxxxx | 779440 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/13/2022 | 10/10/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 779882 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/19/2022 | 10/17/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/20/2022 | 10/17/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A | 2.30 | Mortgagor Focus |
| xxxxxx | 779281 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/12/2022 | 09/01/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/17/2022 | 09/01/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Mortgagor Focus |
| xxxxxx | 779668 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/19/2022 | 09/16/2022 | Appraisal | xxxxxx | xxxxxx | -1.780% | 10/24/2022 | 09/16/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  | Property Focused |
| xxxxxx | 780128 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 09/23/2022 | 09/20/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/24/2022 | 09/20/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Property Focused |
| xxxxxx | 779438 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/10/2022 | 10/05/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/11/2022 | 10/05/2022 | Desk Review | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | 4.20 | Mortgagor Focus |
| xxxxxx | 779123 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/05/2022 | 09/27/2022 | Appraisal |  |  |  |  |  | CU |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 1.00 | Property Focused |
| xxxxxx | 780172 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | 0.000% | xxxxxx | 10/25/2022 | 09/06/2022 | Appraisal | xxxxxx | $0.00 | 0.000% | 10/25/2022 | 09/06/2022 | Desk Review | xxxxxx |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | 2.80 | Property Focused |

---

## Exhibit 99.7

**EXHIBIT 99.7**

**AMC Supplemental Data**

![](tm2233586d1_ex99-7imag002.jpg)

**Supplemental Data** 

---

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| **AMC Loan ID** | **Customer Loan ID** | **Seller Loan ID** | **TILA Status Loan Designation** | **Application Date** | **TRID** | **GSE** | **HOEPA Fees** | **TILA Fees** | **Rate Lock Date** | **Calculated APR** | **Original P&I** | **Qualifying P&I** | **Qualifying Rate** | **Is Borrower Non Occupant** | **Is Co Borrower Non Occupant** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Co Borrower 2 Employment Indicator** | **Co Borrower 3 Employment Indicator** | **Co Borrower2 Length of Employment** | **Co Borrower3 Length of Employment** | **Borrower Foreign National Indicator** | **Co Borrower Foreign National Indicator** | **Co Borrower 2 Foreign National Indicator** | **Co Borrower 3 Foreign National Indicator** | **Borrower Country Name** | **Co Borrower Country Name** | **Co Borrower2 Country Name** | **Co Borrower3 Country Name** | **Residual Income** | **Num Units** | **Annual Property Tax** | **Annual Insurance Costs** | **HOA Name** | **HOA Address State** | **Fee Amount** | **Next Due Date** | **HOA Payment Frequency** | **Investor DTI** | **QM DTI** | **Non QM DTI** | **Original Credit Report Date** | **Qualifying Credit Score** | **Third Wage Earner Original FICO Equifax** | **Third Wage Earner Original FICO Experian** | **Third Wage Earner Original FICO Transunion** | **Fourth Wage Earner Original FICO Equifax** | **Fourth Wage Earner Original FICO Experian** | **Fourth Wage Earner Original FICO Transunion** | **Most Recent Updated Credit Report Date** | **Primary Wage Earner Updated FICO Equifax** | **Primary Wage Earner Updated FICO Experian** | **Primary Wage Earner Updated FICO Transunion** | **Secondary Wage Earner Updated FICO Equifax** | **Secondary Wage Earner Updated FICO Experian** | **Secondary Wage Earner Updated FICO Transunion** | **Third Wage Earner Updated FICO Equifax** | **Third Wage Earner Updated FICO Experian** | **Third Wage Earner Updated FICO Transunion** | **Fourth Wage Earner Updated FICO Equifax** | **Fourth Wage Earner Updated FICO Experian** | **Fourth Wage Earner Updated FICO Transunion** | **Most Recent Updated Co Borrower 2 FICO** | **Most Recent Updated Co Borrower 3 FICO** | **Co Borrower 2 Asset Verification Level** | **Co Borrower 3 Asset Verification Level** | **Co Borrower 2 Income Verification Level** | **Co Borrower 3 Income Verification Level** | **Co Borrower 2 Employment Verification Level** | **Co Borrower 3 Employment Verification Level** | **Asset Depletion Flag** | **Bank Statements Flag** | **Number of Statements** | **Type of Statements** | **Percent of Income From Statements** | **Borrower Business Ownership %** | **CoBorrower Business Ownership %** | **P&L Type** | **Income Doc Detail** | **Tax Return Doc Details** | **Document Level** | **Most Recent Bankruptcy Type** | **Most Recent Bankruptcy Filing Date** | **Most Recent Bankruptcy Discharge Date** | **Number of Bankruptcy Events** | **Months Bankruptcy (7, 11)** | **Months Bankruptcy (13)** | **Most Recent Deed-in - Lieu Date** | **Number of Deed-in-Lieu Events** | **Months Deed-in-Lieu** | **Most Recent Short Sale Date** | **Number of Short Sale Events** | **Months Short Sale (or Pre FC)** | **Most Recent Foreclosure Date** | **Number of Foreclosure Events** | **Months Foreclosure** | **Prior Mortgage/Rent Late 30d in 24m** | **Prior Mortgage/Rent Late 60d in 24m** | **Prior Mortgage/Rent Late 90d in 24m** | **Has ACH** | **Guideline Name** | **UW Guideline Author** | **ATR QM Total Points and Fees Audit** | **Loan Regulation Benchmark Date** | **Benchmark Rate** | **HUD 1 Page 1 Credits Total** | **Collateral Underwriter Risk Score** | **AUS Decision System** | **Property Inspection Waiver (PIW)** | **Rating Result** | **Eligible For Rep and Warrant Relief Per Collateral Advisor** | **Is Equity Shared Loan** | **Investor Qualifying Rate** | **Borrower Years of W2s** | **CoBorrower Years of W2s** | **Years of Personal Tax Returns** | **Years of Business Tax Returns** | **Years of 4506T** | **Years of Tax Transcripts** | **Months of Personal Bank Statements** | **Months of Business Bank Statements** | **Months of Profit and Loss Statements** | **Expense Letter** | **DSCR** | **Inverse DSCR** | **Subordinate Lien Type** | **Is Shared Appreciation Mortgage** | **Duration of Payout Months** | **Seller VSH Indicator** | **Seller Indicated VSH Guideline** | **Validated VSH** | **IO Remaining Amortization Term at Recast** | **Maturity Date** | **Borrower Own Funds Cash Amount** | **Borrower Own Funds Percent** | **Is the Note an eNote** | **Borrower WVOE - # of Months of Income provided** | **Co Borrower WVOE - # of Months of Income provided** | **Co Borrower2 WVOE - # of Months of Income provided** | **Co Borrower3 WVOE - # of Months of Income provided** | **Were the origination guidelines utilized for this diligence review?** | **Scope** |
| xxxxxx | 753372 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2334.29 | $2334.29 | 5.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 2 | xxxxxx | $1430.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/11/2016 | 676 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.88 | 0.53 |  |  |  |  |  |  |  | xxxxxx | $78094.00 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 753833 | xxxxxx | Non QM | xxxxxx | Yes | No | $1968.10 | $2514.61 | xxxxxx | 2.903% | $921.68 | $921.68 | 2.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4660.82 | 1 | xxxxxx | $977.04 | xxxxxx |  | $297.00 |  | Monthly | 25.427% | 25.427% | 25.427% | 07/14/2020 | 803 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2019<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2018 | [Borrower]; 4506-T - 2019<br> [Borrower]; 4506-T - 2018<br> [Borrower]; 4506-T - 2017<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1968.10 | xxxxxx | 2.620% | $0.00 |  | DU |  | ApproveEligible | N/A | No | 2.750% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $109660.80 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 759251 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $809.29 | $809.29 | 3.750% | No | No |  |  |  |  | 0 | 0 |  |  |  |  |  |  |  |  |  | 1 | xxxxxx | $543.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/10/2021 | 811 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 3.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $72575.37 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 761277 | xxxxxx | Non QM | xxxxxx | Yes | No | $8240.00 | $10616.55 | xxxxxx | 4.562% | $2246.78 | $2246.78 | 4.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11437.41 | 1 | xxxxxx | $2829.96 |  |  |  |  |  | 28.153% | 28.153% | 28.153% | 09/09/2021 | 664 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2019<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; The Work Number - Employment Only - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; The Work Number - Income - 2021<br> [Borrower - xxxxxx\| Non-Primary Income - Wages]; WVOE - 2021<br> [Borrower - xxxxxx\| Non-Primary Income - Social Security]; 1099-SSA - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Award Letter / Continuance Letter - 2020 | [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; Account Transcripts - 2020<br> [Borrower]; Transcripts (1040) - 2019<br> [Borrower]; Account Transcripts - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1040 - 2019<br> [Borrower]; Account Transcripts - 2018<br> [Borrower]; Account Transcripts - 2017<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $8240.00 | xxxxxx | 3.200% | $0.00 | 2.6 |  |  |  | N/A | No | 4.375% | 2 |  | 2 | 0 | 2 | 4 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $18289.84 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 763628 | xxxxxx | Non QM | xxxxxx | Yes | No | $9985.25 | $11410.13 | xxxxxx | 5.538% | $1853.04 | $1853.04 | 5.249% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8141.66 | 1 | xxxxxx | $1851.96 | xxxxxx |  | $534.00 | 01/01/2022 | Annually | 31.075% | 31.075% | 31.075% | 09/27/2021 | 681 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2021 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 4506-C - 2017<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9985.25 | xxxxxx | 3.160% | $0.00 | 1 |  |  |  | N/A | No | 5.249% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5009.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 764363 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4299.82 | $4299.82 | 4.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1892.04 | xxxxxx | xxxxxx | $40.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/18/2020 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 4.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.1 | 0.91 |  |  |  |  |  |  |  | xxxxxx | $608650.00 | 47.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766424 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4535.16 | $4535.16 | 5.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $315.96 | xxxxxx |  | $1029.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 12/11/2021 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 3.2 |  |  |  | N/A | No | 5.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.68 | 1.47 |  |  |  |  |  |  | 240 | xxxxxx | $842960.05 | 62.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766319 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3088.77 | $3088.77 | 5.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1421.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 11/19/2021 | 794 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 3.3 |  |  |  | N/A | No | 5.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $105031.15 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766329 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $5125.00 | $5125.00 | 5.125% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $8813.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 11/17/2021 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 5.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.16 | 0.86 |  |  |  |  |  |  | 120 | xxxxxx | $363384.85 | 24.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766398 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $465.54 | $465.54 | 5.125% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $543.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/19/2021 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 5.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.61 | 0.62 |  |  |  |  |  |  |  | xxxxxx | $79496.56 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766352 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1907.77 | $1907.77 | 5.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $4506.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 11/17/2021 | 696 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 5.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.12 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $65519.96 | 16.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766302 | xxxxxx | Non QM | xxxxxx | Yes | No | $13695.00 | $15293.20 | xxxxxx | 4.078% | $3890.25 | $7083.81 | 3.990% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $11825.60 | 1 | xxxxxx | $3120.96 |  |  |  |  |  | 44.568% | 29.598% | 44.568% | 11/22/2021 | 699 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 3 | Personal | 49.000% |  | 100.000% |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Employer Letter - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: P&L Statement \| # of Bank Statements Required: 3]; Account Statements - Personal - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: P&L Statement \| # of Bank Statements Required: 3]; Audited P&L - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: P&L Statement \| # of Bank Statements Required: 3]; CPA Letter - 2021 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | The Lender | $13695.00 | xxxxxx | 3.170% | $0.00 | 1 |  |  |  | N/A | No | 3.990% | 0 | 0 | 0 | 0 | 3 | 0 | 3 |  | 0.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $241032.18 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 766444 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2634.54 | $2634.54 | 5.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $863.04 | xxxxxx |  | $35.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 12/29/2021 | 727 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 5.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.81 | 1.24 |  |  |  |  |  |  |  | xxxxxx | $25747.96 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766474 | xxxxxx | N/A | xxxxxx | Yes | No | $24387.82 | $16325.38 | xxxxxx | 5.666% | $2879.85 | $2879.85 | 5.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5157.28 | 1 | xxxxxx | $966.00 |  |  |  |  |  | 53.009% | 53.009% | 53.009% | 11/02/2021 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2019 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | The Lender | $24387.82 | xxxxxx | 3.030% | $0.00 | 1 |  |  |  | N/A | No | 5.375% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $53717.03 | 8.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 766434 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3027.50 | $3027.50 | 5.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 4 | xxxxxx | $3917.88 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 01/13/2022 | 756 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.89 | 0.53 |  |  |  |  |  |  | 240 | xxxxxx | $90592.82 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766430 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2362.50 | $2362.50 | 5.250% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $3114.96 | xxxxxx |  | $709.00 |  | Annually | 0.000% | 0.000% | 0.000% | 01/05/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 5 |  |  |  | N/A | No | 5.250% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.37 | 0.73 |  |  |  |  |  |  | 360 | xxxxxx | $472185.56 | 65.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766433 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $773.09 | $773.09 | 5.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1736.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/26/2021 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | The Lender |  |  |  | $0.00 | 2.5 |  |  |  | N/A | No | 5.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.35 | 0.74 |  |  |  |  |  |  |  | xxxxxx | $104747.77 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 766526 | xxxxxx | N/A | xxxxxx | Yes | No | $17265.00 | $7789.29 | xxxxxx | 5.000% | $2328.52 | $2328.52 | 4.875% | No | No | Not Employed |  | Self-Employed |  | 5.93 |  |  |  | xxxxxx |  |  |  |  |  | $12822.15 | 1 | xxxxxx | $1271.52 |  |  |  |  |  | 38.191% | 38.191% | 38.191% | 10/06/2021 | 733 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 24 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $17265.00 | xxxxxx | 2.840% | $0.00 | 2.2 |  |  |  | N/A | No | 4.875% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 766406 | xxxxxx | Non QM | xxxxxx | Yes | No | $23138.75 | $29002.91 | xxxxxx | 5.270% | $9210.00 | $9210.00 | 5.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $53303.66 | 1 | xxxxxx | $2609.04 |  |  |  |  |  | 19.006% | 19.006% | 19.006% | 12/01/2021 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  | Audited | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Audited P&L - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 41.30000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Expense Letter - 2021 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | The Lender | $23138.75 | xxxxxx | 3.170% | $0.00 | 5 |  |  |  | N/A | No | 5.125% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | Yes |  |  |  |  |  |  |  |  |  | xxxxxx | $73386.51 | 4.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 762950 | xxxxxx | Non QM | xxxxxx | Yes | No | $3332.25 | $4407.40 | xxxxxx | 5.698% | $1050.41 | $1050.41 | 5.500% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $34054.94 | 1 | xxxxxx | $704.76 | xxxxxx | xxxxxx | $475.00 |  | Monthly | 10.369% | 10.369% | 10.369% | 02/14/2022 | 775 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 96.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Social Security]; Account Statements - 2021<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - Pension]; Account Statements - 2021 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2016<br> [Borrower]; 4506-C - 2015<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2016<br> [Coborrower]; 4506-C - 2015 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3332.25 | xxxxxx | 3.610% | $0.00 |  |  |  |  | N/A | No | 5.500% | 0 | 0 | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $225855.30 | 69.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 766538 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3386.93 | $3386.93 | 4.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $3576.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 12/27/2021 | 795 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 4.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.98 | 0.5 |  |  |  |  |  |  |  | xxxxxx | $1663864.10 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 767126 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1923.29 | $1923.29 | 3.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2385.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 11/01/2021 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 3.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.17 | 0.46 |  |  |  |  |  |  | 120 | xxxxxx | $3238270.99 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 767322 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $912.03 | $912.03 | 4.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1311.00 | xxxxxx |  | $3480.00 |  | Annually | 0.000% | 0.000% | 0.000% | 12/09/2021 | 781 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 4.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.12 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $168964.30 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 767389 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1190.71 | $1190.71 | 4.500% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $4670.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 11/24/2021 | 786 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 4.2 |  |  |  | N/A | No | 4.500% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $359902.97 | 69.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 767812 | xxxxxx | N/A | xxxxxx | Yes | No | $15376.25 | $8472.11 | xxxxxx | 4.645% | $2447.29 | $2447.29 | 4.500% | No | No | Not Employed |  | Not Employed |  | 0 |  |  |  | xxxxxx |  |  |  |  |  | $2434.59 | 2 | xxxxxx | $3791.52 |  |  |  |  |  | 30.688% | 30.688% | 30.688% | 01/18/2022 | 763 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 1-Not Stated/Not Verified |  | Level 1-Not Stated/Not Verified |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $15376.25 | xxxxxx | 3.610% | $0.00 |  |  |  |  | N/A | No | 4.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767813 | xxxxxx | N/A | xxxxxx | Yes | No | $19082.50 | $9906.38 | xxxxxx | 4.594% | $3787.47 | $3787.47 | 4.500% | No | No | Not Employed |  | Self-Employed |  | 25.8 |  |  |  | xxxxxx |  |  |  |  |  | $18897.31 | 3 | xxxxxx | $4169.04 |  |  |  |  |  | 42.971% | 42.971% | 42.971% | 02/03/2022 | 741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 5-Stated/Verified as defined |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - Partnership (>= 25%)]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - K-1 (< 25%)]; K-1 - 2020<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - K-1 (< 25%)]; K-1 - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $19082.50 | xxxxxx | 3.610% | $0.00 |  |  |  |  | N/A | No | 4.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $465382.29 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767819 | xxxxxx | N/A | xxxxxx | Yes | No | $12945.00 | $7626.75 | xxxxxx | 5.426% | $1822.27 | $1822.27 | 5.250% | No | No | Not Employed |  | Self-Employed |  | 15.21 |  |  |  | xxxxxx |  |  |  |  |  | $177568.64 | 1 | xxxxxx | $1187.04 |  |  |  |  |  | 19.193% | 19.193% | 19.193% | 01/18/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 24 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $12945.00 | xxxxxx | 2.870% | $0.00 | 2.1 |  |  |  | N/A | No | 5.250% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $0.00 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767817 | xxxxxx | Non QM | xxxxxx | Yes | No | $10115.00 | $13706.14 | xxxxxx | 4.889% | $4499.21 | $4499.21 | 4.750% | No | No | Not Employed |  | Self-Employed |  | 3.15 |  |  |  | xxxxxx |  |  |  |  |  | $30737.41 | 1 | xxxxxx | $3184.56 |  |  |  |  |  | 21.275% | 21.275% | 21.275% | 12/07/2021 | 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $10115.00 | xxxxxx | 3.620% | $0.00 | 1 |  |  |  | N/A | No | 4.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $169202.09 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767811 | xxxxxx | N/A | xxxxxx | Yes | No | $8948.75 | $7094.45 | xxxxxx | 5.163% | $1031.96 | $1031.96 | 4.875% | No | No | Not Employed |  | Employed |  | 3.61 |  |  |  | xxxxxx |  |  |  |  |  | $3250.59 | 2 | xxxxxx | $1361.04 |  |  |  |  |  | 38.790% | 38.790% | 38.790% | 12/05/2021 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 5-Stated/Verified as defined |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $8948.75 | xxxxxx | 2.910% | $0.00 |  |  |  |  | N/A | No | 4.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $125367.86 | 48.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767820 | xxxxxx | N/A | xxxxxx | Yes | No | $6215.00 | $8434.85 | xxxxxx | 6.466% | $1939.51 | $1939.51 | 6.250% | No | No | Not Employed |  | Self-Employed |  | 1.55 |  |  |  | xxxxxx |  |  |  |  |  | $3742.92 | 2 | xxxxxx | $2359.68 |  |  |  |  |  | 34.893% | 34.893% | 34.893% | 12/17/2021 | 720 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $6215.00 | xxxxxx | 3.610% | $0.00 |  |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $17826.41 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768345 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $7835.63 | $7835.63 | 5.000% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $8976.96 | xxxxxx |  | $1262.00 |  | Annually | 0.000% | 0.000% | 0.000% | 01/13/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.000% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.46 | 0.41 |  |  |  |  |  |  |  | xxxxxx | $699719.77 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 768309 | xxxxxx | N/A | xxxxxx | Yes | No | $57385.00 | $14097.47 |  | 7.511% | $6433.64 | $6433.64 | 7.375% | No | No | Not Employed |  | Self-Employed |  | 6.12 |  |  |  | xxxxxx |  |  |  |  |  | $89451.20 | 1 | xxxxxx | $1663.20 |  |  |  |  |  | 7.504% | 7.504% | 7.504% | 01/27/2022 | 625 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $57385.00 |  | 3.830% | $0.00 | 2.6 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $909219.40 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768620 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $7054.35 | $7054.35 | 5.525% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 3 | xxxxxx | $2499.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/10/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.525% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.19 | 0.84 |  |  |  |  |  |  |  | xxxxxx | $78994.92 | 4.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 768981 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $726.77 | $726.77 | 5.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1281.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 02/28/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.54 | 0.65 |  |  |  |  |  |  |  | xxxxxx | $187229.19 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 769473 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1798.65 | $1798.65 | 6.000% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1614.96 | xxxxxx |  | $146.00 |  | Annually | 0.000% | 0.000% | 0.000% | 02/24/2022 | 695 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.91 | 1.1 |  |  |  |  |  |  |  | xxxxxx | $3750.00 | 1.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 768088 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1913.62 | $1913.62 | 5.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1463.04 | xxxxxx |  | $390.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 03/09/2022 | 740 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 5.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.19 | 0.84 |  |  |  |  |  |  |  | xxxxxx | $305207.89 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 768700 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6403.46 | $6403.46 | 6.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 4 | xxxxxx | $1325.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/17/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.04 | 0.96 |  |  |  |  |  |  |  | xxxxxx | $300631.16 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 770092 | xxxxxx | N/A | xxxxxx | Yes | No | $16712.60 | $9085.20 | xxxxxx | 7.130% | $2063.81 | $2063.81 | 6.875% | No | No | Not Employed |  | Self-Employed |  | 7.29 |  |  |  | xxxxxx |  |  |  |  |  | $8618.43 | 1 | xxxxxx | $1167.96 |  |  |  |  |  | 30.462% | 30.462% | 30.462% | 02/04/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 24 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $16712.60 | xxxxxx | 3.240% | $59700.00 | 2.6 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $37787.39 | 10.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770274 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3649.42 | $3649.42 | 5.980% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $4356.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/01/2022 | 789 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.980% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.83 |  |  |  |  |  |  |  | xxxxxx | $122015.38 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 768911 | xxxxxx | Non QM | xxxxxx | Yes | No | $9000.00 |  |  | 7.864% | $1305.12 | $1305.12 | 7.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2829.89 | 1 | xxxxxx | $791.04 |  |  |  |  |  | 43.684% | 43.684% | 43.684% | 03/02/2022 | 602 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9000.00 |  | 3.830% | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 2 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $153966.87 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768307 | xxxxxx | N/A | xxxxxx | Yes | No | $17393.00 | $9075.09 | xxxxxx | 6.905% | $1264.14 | $1264.14 | 6.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10400.19 | 1 | xxxxxx | $732.12 |  |  |  |  |  | 27.242% | 27.242% | 27.242% | 03/10/2022 | 766 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 87.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 87.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 87.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 87.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 87.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2019 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $17393.00 | xxxxxx | 4.230% | $0.00 | 1.6 |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $83854.34 | 34.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769138 | xxxxxx | Non QM | xxxxxx | Yes | No | $11532.50 | $13225.18 |  | 8.260% | $2646.50 | $2646.50 | 7.875% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $5426.80 | 1 | xxxxxx | $3363.36 | xxxxxx |  | $516.00 |  | Annually | 44.556% | 44.556% | 44.556% | 03/21/2022 | 597 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $11532.50 |  | 4.230% | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 2 | 2 | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $10121.47 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770628 | xxxxxx | Non QM | xxxxxx | Yes | No | $4176.00 | $5791.90 | xxxxxx | 7.792% | $1283.76 | $1283.76 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2739.48 | 1 | xxxxxx | $483.96 | xxxxxx |  | $368.00 |  | Monthly | 43.555% | 43.555% | 43.555% | 03/02/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-T - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-T - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $4176.00 | xxxxxx | 4.490% | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $30329.36 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770630 | xxxxxx | Non QM | xxxxxx | Yes | No | $78615.00 | $81746.59 | xxxxxx | 6.184% | $14581.41 | $14581.41 | 5.875% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $22229.39 | 1 | xxxxxx | $8733.60 |  |  |  |  |  | 52.340% | 52.340% | 52.340% | 04/25/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 151 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2016<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: % \| Expense Ratio Source: \| # of Bank Statements Required: ]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; CPA Letter - 2022 | [Borrower]; 4506-T - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-T - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-T - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-T - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $78615.00 | xxxxxx | 4.790% | $0.00 | 2.6 |  |  |  | N/A | No | 5.875% | 0 | 0 | 0 | 0 | 2 | 0 |  | 15 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $956534.52 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770402 | xxxxxx | N/A | xxxxxx | Yes | No | $21430.25 | $9540.23 | xxxxxx | 5.906% | $3227.16 | $3227.16 | 5.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $30892.04 | 1 | xxxxxx | $483.00 |  |  |  |  |  | 41.554% | 41.554% | 41.554% | 03/04/2022 | 750 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $21430.25 | xxxxxx | 4.230% | $0.00 | 1 |  |  |  | No | No | 5.750% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $552591.22 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770167 | xxxxxx | N/A | xxxxxx | Yes | No | $32240.00 | $14213.82 | xxxxxx | 6.409% | $5276.70 | $5276.70 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $49995.30 | 1 | xxxxxx | $3029.16 |  |  |  |  |  | 33.481% | 33.481% | 33.481% | 04/17/2022 | 767 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $32240.00 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $1338154.51 | 109.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770405 | xxxxxx | Non QM | xxxxxx | Yes | No | $6640.00 | $2592.70 | xxxxxx | 8.452% | $1580.96 | $1580.96 | 8.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4401.88 | 1 | xxxxxx | $1863.00 |  |  |  |  |  | 31.308% | 31.308% | 31.308% | 03/31/2022 | 662 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 4506-T - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6640.00 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 1 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $13282.35 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771102 | xxxxxx | Non QM | xxxxxx | Yes | No | $10453.49 | $11440.52 | xxxxxx | 6.301% | $2095.14 | $2095.14 | 5.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6599.80 | 1 | xxxxxx | $3762.60 |  |  |  |  |  | 39.079% | 39.079% | 39.079% | 02/04/2022 | 660 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10453.49 | xxxxxx | 3.830% | $0.00 | 1 | LP / LPA |  | Accept | No | No | 5.500% | 2 |  | 2 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $21717.25 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771002 | xxxxxx | Non QM | xxxxxx | Yes | No | $1590.00 | $4028.46 | xxxxxx | 5.676% | $2497.20 | $2497.20 | 5.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21185.54 | 1 | xxxxxx | $1140.00 |  |  |  |  |  | 13.433% | 13.433% | 13.433% | 02/15/2022 | 802 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1590.00 | xxxxxx | 3.760% | $0.00 | 1 |  |  |  | No | No | 5.625% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $52180.81 | 11.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768721 | xxxxxx | Non QM | xxxxxx | Yes | No | $7164.00 | $7802.03 | xxxxxx | 6.751% | $935.90 | $935.90 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3747.82 | 1 | xxxxxx | $3514.92 |  |  |  |  |  | 25.463% | 25.462% | 25.462% | 03/25/2022 | 745 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7164.00 | xxxxxx | 4.230% | $0.00 | 2.9 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $15999.42 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769696 | xxxxxx | Non QM | xxxxxx | Yes | No | $16791.04 | $8690.71 | xxxxxx | 7.057% | $2609.65 | $2609.65 | 6.875% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $68512.78 | 1 | xxxxxx | $3250.92 | xxxxxx |  | $215.00 |  | Annually | 8.650% | 8.650% | 8.650% | 04/18/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16791.04 | xxxxxx | 4.790% | $0.00 | 2.6 |  |  |  | No | No | 6.875% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $309782.06 | 55.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768866 | xxxxxx | Non QM | xxxxxx | Yes | No | $10930.00 | $12319.56 | xxxxxx | 6.851% | $2028.94 | $2028.94 | 6.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $26090.11 | 1 | xxxxxx | $3117.72 | xxxxxx |  | $400.00 |  | Annually | 14.247% | 14.247% | 14.247% | 03/01/2022 | 658 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 49.000% |  |  |  | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10930.00 | xxxxxx | 5.070% | $0.00 |  |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $47902.60 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768109 | xxxxxx | Non QM | xxxxxx | Yes | No | $37744.38 | $42472.84 | xxxxxx | 6.584% | $7065.35 | $7065.35 | 6.250% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $14437.79 | 1 | xxxxxx | $3738.96 |  |  |  |  |  | 40.687% | 40.687% | 40.687% | 02/28/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Balance Sheet - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2020<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2019<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 4506-C (for Business) - 2018<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 1040 - 2020<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018<br> [Coborrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 1 | 74.88 | 0 | 0 | 0 | No | xxxxxx | Verus | $37744.38 | xxxxxx | 3.920% | $0.00 | 1.1 |  |  |  | No | No | 6.250% | 2 | 2 | 2 | 0 | 4 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $323628.20 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769308 | xxxxxx | Non QM | xxxxxx | Yes | No | $0.00 | $230.98 | xxxxxx | 7.234% | $1991.95 | $1991.95 | 7.250% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2803.09 | 2 | xxxxxx | $653.88 |  |  |  |  |  | 47.484% | 47.484% | 47.484% | 03/01/2022 | 788 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Third Party Verification - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | 1 Year Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  | xxxxxx | 5.180% | $0.00 |  |  |  |  | No | No | 7.250% | 1 |  | 1 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $87928.67 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771693 | xxxxxx | N/A | xxxxxx | Yes | No | $46682.00 | $24502.26 | xxxxxx | 7.453% | $5485.83 | $5485.83 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $37526.34 | 1 | xxxxxx | $1455.96 | xxxxxx |  | $200.00 |  | Annually | 22.589% | 22.589% | 24.051% | 03/21/2022 | 764 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 4506-C - 2017<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $46682.00 | xxxxxx | 5.180% | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $100004.01 | 9.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768876 | xxxxxx | Non QM | xxxxxx | Yes | No | $15363.03 | $18484.62 | xxxxxx | 5.107% | $3789.47 | $3789.47 | 5.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6705.76 | 1 | xxxxxx | $963.00 | xxxxxx |  | $115.00 |  | Monthly | 47.233% | 53.175% | 47.233% | 03/22/2022 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $15363.03 | xxxxxx | 3.960% | $0.00 | 1 |  |  |  | N/A | No | 5.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $40247.15 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770782 | xxxxxx | Non QM | xxxxxx | Yes | No | $8695.00 | $9757.33 | xxxxxx | 6.738% | $2326.01 | $2326.01 | 6.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5033.74 | 1 | xxxxxx | $1471.56 |  |  |  |  |  | 45.700% | 45.700% | 45.700% | 04/08/2022 | 733 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8695.00 | xxxxxx | 5.170% | $70000.00 | 3.2 |  |  |  | Yes | No | 6.500% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $15000.00 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770739 | xxxxxx | N/A | xxxxxx | Yes | No | $11206.23 | $2301.64 | xxxxxx | 8.038% | $3301.95 | $3301.95 | 8.000% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $27232.29 | 1 | xxxxxx | $833.04 |  |  |  |  |  | 26.294% | 26.294% | 26.294% | 04/21/2022 | 769 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 26 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11206.23 | xxxxxx | 5.170% | $0.00 | 1.5 |  |  |  | Yes | No | 8.000% | 0 | 0 | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $444801.53 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769858 | xxxxxx | Non QM | xxxxxx | Yes | No | $2980.00 | $5772.00 | xxxxxx | 7.215% | $3638.08 | $3638.08 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7834.89 | 1 | xxxxxx | $1379.04 |  |  |  |  |  | 38.303% | 38.303% | 38.303% | 04/18/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2980.00 | xxxxxx | 5.070% | $11000.00 | 1 |  |  |  | Yes | No | 7.125% | 0 |  | 0 | 0 | 2 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770663 | xxxxxx | Non QM | xxxxxx | Yes | No | $33637.50 | $38322.11 | xxxxxx | 7.462% | $20673.05 | $23232.59 | 7.375% | No | No | Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $33175.16 | 1 | xxxxxx | $8448.00 |  |  |  |  |  | 49.907% | 46.042% | 49.907% | 04/29/2022 | 788 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - No Results Returned - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $33637.50 | xxxxxx | 5.170% | $0.00 | 2.6 |  |  |  | No | No | 7.375% | 2 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $1349645.36 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770256 | xxxxxx | N/A | xxxxxx | Yes | No | $6469.38 | $7406.90 | xxxxxx | 6.860% | $1858.50 | $1858.50 | 6.625% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4555.63 | 3 | xxxxxx | $4191.24 |  |  |  |  |  | 38.794% | 38.794% | 38.794% | 04/07/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6469.38 | xxxxxx | 5.170% | $11610.00 |  |  |  |  | No | No | 6.625% | 2 |  | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770897 | xxxxxx | N/A | xxxxxx | Yes | No | $13850.00 | $8207.48 | xxxxxx | 5.283% | $1918.56 | $1918.56 | 6.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $30385.49 | 1 | xxxxxx | $627.12 | xxxxxx |  | $189.00 |  | Monthly | 28.488% | 28.488% | 28.488% | 04/18/2022 | 786 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13850.00 | xxxxxx | 4.320% | $0.00 | 2.6 |  |  |  | N/A | No | 6.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $899000.73 | 82.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770087 | xxxxxx | Non QM | xxxxxx | Yes | No | $36915.60 | $17072.33 | xxxxxx | 9.110% | $6153.38 | $6153.38 | 8.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9413.20 | 1 | xxxxxx | $1346.04 | xxxxxx |  | $1679.00 |  | Annually | 48.153% | 48.153% | 48.153% | 04/11/2022 | 681 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Balance Sheet - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Tax Return Extension (for Business) - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2020<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; 1120S - 2019<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2019 | [Borrower]; 4506-T - 2021<br> [Borrower]; Tax Return Extension - 2021<br> [Borrower]; Tax Return Extension - 2021<br> [Borrower]; Tax Return Extension - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; 1040 - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $36915.60 | xxxxxx | 5.070% | $0.00 | 1.8 |  |  |  | No | No | 8.875% | 1 |  | 2 | 0 | 3 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $110946.30 | 13.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770883 | xxxxxx | Non QM | xxxxxx | Yes | No | $3364.69 | $4254.99 |  | 7.575% | $1869.09 | $1869.09 | 7.250% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $29307.68 | 1 | xxxxxx | $1455.72 | xxxxxx |  | $800.00 |  | Annually | 11.452% | 11.452% | 11.452% | 03/28/2022 | 711 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Shared Bank Statements]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3364.69 |  | 4.500% | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $141593.46 | 45.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770871 | xxxxxx | N/A | xxxxxx | Yes | No | $22864.25 | $9834.59 | xxxxxx | 5.258% | $3806.68 | $3806.68 | 6.125% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7917.42 | 1 | xxxxxx | $1166.04 |  |  |  |  |  | 44.953% | 50.155% | 44.953% | 05/04/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $22864.25 | xxxxxx | 4.420% | $0.00 | 1 |  |  |  | N/A | No | 6.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $389300.82 | 43.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771051 | xxxxxx | N/A | xxxxxx | Yes | No | $14347.70 | $7284.34 | xxxxxx | 6.585% | $2017.60 | $2017.60 | 6.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9660.75 | 1 | xxxxxx | $963.96 |  |  |  |  |  | 45.128% | 45.128% | 45.128% | 05/09/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $14347.70 | xxxxxx | 5.350% | $0.00 | 1 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $205508.33 | 44.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771065 | xxxxxx | N/A | xxxxxx | Yes | No | $40514.00 | $81825.46 | xxxxxx | 7.487% | $8868.54 | $8868.54 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $74805.72 | 1 | xxxxxx | $2194.44 | xxxxxx |  | $203.00 |  | Monthly | 29.241% | 29.241% | 29.241% | 04/13/2022 | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 48 | Business | 100.000% | 25.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 25.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 33.33% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $40514.00 | xxxxxx | 5.350% | $0.00 | 1.3 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $1306158.77 | 73.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770598 | xxxxxx | Non QM | xxxxxx | Yes | No | $24874.00 | $26472.30 | xxxxxx | 7.765% | $5312.50 | $5943.32 | 7.500% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $32211.21 | 1 | xxxxxx | $1760.64 |  |  |  |  |  | 28.835% | 27.442% | 28.835% | 02/23/2022 | 666 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 36 | Business | 79.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $24874.00 | xxxxxx | 5.170% | $0.00 | 3.4 |  |  |  | N/A | No | 7.500% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $94272.49 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768880 | xxxxxx | Non QM | xxxxxx | Yes | No | $19080.80 | $20868.12 |  | 7.506% | $3772.82 | $3772.82 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7459.31 | 1 | xxxxxx | $968.04 |  |  |  |  |  | 43.167% | 43.167% | 43.167% | 05/09/2022 | 703 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19080.80 |  | 3.920% | $0.00 |  |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 2 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $194932.50 | 28.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771155 | xxxxxx | Non QM | xxxxxx | Yes | No | $9755.00 | $11566.96 | xxxxxx | 8.145% | $2177.89 | $2177.89 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3783.76 | 1 | xxxxxx | $1347.00 | xxxxxx | xxxxxx | $330.00 |  | Annually | 46.871% | 46.871% | 46.871% | 05/23/2022 | 769 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9755.00 | xxxxxx | 5.350% | $2308.00 | 2.6 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 3 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $87395.61 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767472 | xxxxxx | Non QM | xxxxxx | Yes | No | $8651.00 | $10329.11 |  | 7.785% | $2623.45 | $2623.45 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7978.98 | 1 | xxxxxx | $1712.04 |  |  |  |  |  | 31.287% | 31.287% | 31.287% | 05/11/2022 | 687 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8651.00 |  | 3.830% | $0.00 | 1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 2 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $134083.81 | 29.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770872 | xxxxxx | Non QM | xxxxxx | Yes | No | $16694.95 | $20266.63 | xxxxxx | 8.548% | $3415.49 | $3415.49 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9640.95 | 1 | xxxxxx | $3562.68 |  |  |  |  |  | 35.161% | 35.161% | 35.161% | 04/14/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16694.95 | xxxxxx | 5.170% | $0.00 | 1 |  |  |  | No | No | 8.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $38664.58 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770724 | xxxxxx | Non QM | xxxxxx | Yes | No | $7050.00 | $8010.00 | xxxxxx | 6.398% | $3201.73 | $3201.73 | 6.250% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6962.95 | 1 | xxxxxx | $708.96 | xxxxxx |  | $15.00 |  | Monthly | 38.588% | 38.588% | 38.588% | 04/21/2022 | 683 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7050.00 | xxxxxx | 5.170% | $0.00 | 2.6 |  |  |  | N/A | No | 6.250% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769693 | xxxxxx | Non QM | xxxxxx | Yes | No | $8481.25 | $10597.96 | xxxxxx | 7.480% | $1768.51 | $1768.51 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3616.97 | 1 | xxxxxx | $1184.04 | xxxxxx |  | $195.00 |  | Annually | 47.746% | 47.746% | 47.746% | 05/12/2022 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8481.25 | xxxxxx | 5.350% | $0.00 | 1 |  |  |  | Yes | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $144791.46 | 41.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770389 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3138.48 | $3138.48 | 6.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $4314.96 | xxxxxx |  | $157.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 04/27/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | No | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.47 | 0.68 |  |  |  |  |  |  |  | xxxxxx | $85461.60 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 769457 | xxxxxx | Non QM | xxxxxx | Yes | No | $13976.00 | $14877.16 | xxxxxx | 6.622% | $2475.19 | $2475.19 | 6.250% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $4434.31 | 1 | xxxxxx | $761.04 |  |  |  |  |  | 41.050% | 41.050% | 41.050% | 04/11/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13976.00 | xxxxxx | 4.740% | $0.00 | 1 |  |  |  | N/A | No | 6.250% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $18486.96 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771058 | xxxxxx | Non QM | xxxxxx | Yes | No | $3146.96 | $5865.61 |  | 9.588% | $1887.47 | $1887.47 | 9.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9322.37 | 1 | xxxxxx | $1910.40 | xxxxxx |  | $588.00 |  | Annually | 25.643% | 25.643% | 25.643% | 05/10/2022 | 629 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Income - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3146.96 |  | 5.180% | $63000.00 | 2.6 |  |  |  | Yes | No | 9.375% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $28105.03 | 9.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767428 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $14788.04 | $14788.04 | 6.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $13661.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/05/2022 | 665 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.6 |  |  |  | N/A | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.37 | 0.73 |  |  |  |  |  |  |  | xxxxxx | $106709.62 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771957 | xxxxxx | Non QM | xxxxxx | Yes | No | $15187.50 | $16940.38 | xxxxxx | 6.297% | $2058.56 | $2058.56 | 5.875% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $5760.95 | 1 | xxxxxx | $1532.52 |  |  |  |  |  | 41.136% | 41.136% | 41.136% | 05/09/2022 | 758 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 61.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 8.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 8.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 8.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15187.50 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | N/A | No | 5.875% | 0 | 1 | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $157897.75 | 36.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 768115 | xxxxxx | Non QM | xxxxxx | Yes | No | $10490.00 | $15852.37 | xxxxxx | 6.883% | $5707.66 | $5707.66 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17646.58 | 1 | xxxxxx | $2807.04 |  |  |  |  |  | 27.266% | 27.266% | 27.266% | 05/12/2022 | 760 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 4506-C - 2022<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10490.00 | xxxxxx | 5.380% | $0.00 | 2.5 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $55000.00 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770176 | xxxxxx | Non QM | xxxxxx | Yes | No | $21468.94 | $27281.54 | xxxxxx | 7.690% | $5165.66 | $5165.66 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9160.77 | 1 | xxxxxx | $657.00 |  |  |  |  |  | 40.295% | 40.295% | 40.295% | 05/25/2022 | 690 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Expense Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2022<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $21468.94 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | Yes |  |  |  |  |  |  |  |  |  | xxxxxx | $126472.65 | 14.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771482 | xxxxxx | Non QM | xxxxxx | Yes | No | $7245.00 | $19542.67 | xxxxxx | 7.343% | $9550.47 | $9550.47 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14189.95 | 1 | xxxxxx | $1485.96 | xxxxxx |  | $206.00 |  | Monthly | 48.411% | 48.411% | 48.411% | 05/12/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Business License - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7245.00 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $524440.47 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772093 | xxxxxx | Non QM | xxxxxx | Yes | No | $12420.00 | $18334.94 | xxxxxx | 8.529% | $7243.49 | $7243.49 | 8.375% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $14284.88 | 1 | xxxxxx | $2273.04 |  |  |  |  |  | 39.628% | 39.628% | 39.628% | 03/21/2022 | 692 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% | 100.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements | Chapter 7 |  | xxxxxx | 1 | 44.28 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12420.00 | xxxxxx | 5.180% | $1500.00 | 1.3 |  |  |  | No | No | 8.375% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $203839.54 | 17.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771534 | xxxxxx | Non QM | xxxxxx | Yes | No | $10335.00 | $17319.45 | xxxxxx | 5.381% | $5043.99 | $5043.99 | 6.375% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $9626.21 | 1 | xxxxxx | $1736.04 |  |  |  |  |  | 43.375% | 49.128% | 43.375% | 05/18/2022 | 702 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10335.00 | xxxxxx | 4.490% | $0.00 | 2.6 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $415393.63 | 36.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770198 | xxxxxx | Non QM | xxxxxx | Yes | No | $16545.00 | $24362.27 | xxxxxx | 6.452% | $5910.89 | $5910.89 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $19896.86 | 1 | xxxxxx | $2220.96 |  |  |  |  |  | 30.244% | 30.244% | 30.244% | 04/19/2022 | 738 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16545.00 | xxxxxx | 5.380% | $0.00 | 3.5 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $229871.96 | 19.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771375 | xxxxxx | Non QM | xxxxxx | Yes | No | $20450.50 | $6968.46 | xxxxxx | 7.691% | $4558.20 | $4558.20 | 7.625% | No | No | Not Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $11636.16 | 1 | xxxxxx | $933.96 |  |  |  |  |  | 48.445% | 48.445% | 48.445% | 03/13/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% |  | 100.000% |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Audited P&L - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $20450.50 | xxxxxx | 5.380% | $0.00 | 2.6 |  |  |  | Yes | No | 7.625% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $208669.54 | 26.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770934 | xxxxxx | Non QM | xxxxxx | Yes | No | $16482.13 | $24769.94 | xxxxxx | 5.867% | $7347.57 | $7347.57 | 6.625% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13354.17 | 1 | xxxxxx | $978.12 | xxxxxx | xxxxxx | $684.00 |  | Monthly | 44.418% | 44.418% | 44.418% | 05/05/2022 | 709 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16482.13 | xxxxxx | 4.320% | $0.00 | 2.2 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $335424.21 | 22.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772675 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3506.25 | $3506.25 | 6.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2607.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/12/2022 | 688 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.87 | 1.15 |  |  |  |  |  |  | 240 | xxxxxx | $709085.72 | 64.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771478 | xxxxxx | Non QM | xxxxxx | Yes | No | $7195.00 | $9164.81 | xxxxxx | 7.176% | $1773.71 | $1773.71 | 6.875% | No | No | Not Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $5268.66 | 1 | xxxxxx | $1026.00 |  |  |  |  |  | 41.108% | 41.108% | 41.108% | 04/07/2022 | 696 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Social Security]; Award Letter / Continuance Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; Account Statements - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; 1099-R - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; 1099-R - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; Account Statements - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; 1099-R - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Pension]; 1099-R - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other | Chapter 7 |  | xxxxxx | 1 | 44.28 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7195.00 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 | 1 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $140001.40 | 31.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770142 | xxxxxx | Non QM | xxxxxx | Yes | No | $22885.00 | $31772.25 | xxxxxx | 8.185% | $6989.67 | $6989.67 | 7.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $15442.12 | 1 | xxxxxx | $1227.00 |  |  |  |  |  | 35.064% | 35.064% | 35.064% | 03/30/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $22885.00 | xxxxxx | 5.070% | $0.00 | 1.8 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $15000.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770584 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3141.67 | $3141.67 | 6.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $644.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/22/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $575555.88 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772421 | xxxxxx | Non QM | xxxxxx | Yes | No | $19370.00 | $5175.54 | xxxxxx | 7.431% | $4171.68 | $4171.68 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $16078.98 | 1 | xxxxxx | $7063.92 |  |  |  |  |  | 30.819% | 30.819% | 30.819% | 04/15/2022 | 754 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $19370.00 | xxxxxx | 5.170% | $2910.00 | 1 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $10000.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767874 | xxxxxx | N/A | xxxxxx | Yes | No | $19524.05 | $4928.42 | xxxxxx | 6.324% | $1366.67 | $1366.67 | 6.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7611.57 | 1 | xxxxxx | $2508.00 | xxxxxx |  | $300.00 |  | Annually | 38.142% | 38.142% | 38.142% | 03/07/2022 | 652 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $19524.05 | xxxxxx | 3.830% | $0.00 | 2.6 |  |  |  | N/A | No | 6.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $308585.91 | 103.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771177 | xxxxxx | Non QM | xxxxxx | Yes | No | $50170.00 | $68453.75 | xxxxxx | 6.342% | $7678.16 | $7678.16 | 5.875% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $46100.96 | 1 | xxxxxx | $8894.76 |  |  |  |  |  | 31.262% | 31.262% | 31.262% | 04/12/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 48 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2013<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Shared Bank Statements]; Third Party Verification - 2013 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $50170.00 | xxxxxx | 5.380% | $0.00 | 2.6 |  |  |  | N/A | No | 5.875% | 0 | 0 | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $13681.50 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771388 | xxxxxx | Non QM | xxxxxx | Yes | No | $13869.35 | $14095.64 | xxxxxx | 6.425% | $4853.64 | $4853.64 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21061.90 | 1 | xxxxxx | $878.04 |  |  |  |  |  | 42.741% | 42.741% | 42.741% | 03/30/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13869.35 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | Yes | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $893751.24 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772368 | xxxxxx | Non QM | xxxxxx | Yes | No | $7395.00 | $10564.73 | xxxxxx | 7.021% | $2270.09 | $2270.09 | 6.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10479.58 | 1 | xxxxxx | $790.20 | xxxxxx |  | $86.00 |  | Monthly | 35.283% | 35.283% | 35.283% | 05/03/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7395.00 | xxxxxx | 5.330% | $0.00 | 1 |  |  |  | N/A | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $649678.39 | 81.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771825 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2204.07 | $2204.07 | 6.750% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1139.04 | xxxxxx |  | $600.00 |  | Annually | 0.000% | 0.000% | 0.000% | 03/21/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.6 |  |  |  | No | No | 6.750% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.83 |  |  |  |  |  |  |  | xxxxxx | $423144.16 | 81.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 770775 | xxxxxx | Non QM | xxxxxx | Yes | No | $18535.00 | $24055.00 | xxxxxx | 6.629% | $9481.02 | $9481.02 | 6.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18560.25 | 1 | xxxxxx | $4883.04 |  |  |  |  |  | 44.319% | 44.319% | 44.319% | 04/08/2022 | 711 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1040 - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $18535.00 | xxxxxx | 5.180% | $0.00 |  |  |  |  | N/A | No | 6.500% | 2 |  | 2 | 0 | 3 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $728118.64 | 36.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771878 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2359.13 | $2359.13 | 6.990% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $680.04 | xxxxxx |  | $1108.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/02/2022 | 708 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.990% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.86 | 1.16 |  |  |  |  |  |  | 240 | xxxxxx | $202714.07 | 38.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771122 | xxxxxx | N/A | xxxxxx | Yes | No | $10529.61 | $3417.97 | xxxxxx | 6.966% | $1856.09 | $1856.09 | 6.875% | No | No | Not Employed |  | Employed | Employed | 5.71 | 12.3 |  |  | xxxxxx | xxxxxx |  |  |  |  | $37734.24 | 1 | xxxxxx | $998.04 | xxxxxx |  | $75.00 |  | Monthly | 37.544% | 37.544% | 37.544% | 04/05/2022 | 775 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined | Level 5-Stated/Verified as defined | Level 5-Stated/Verified as defined | Level 3-Stated/Verified as defined | Level 3-Stated/Verified as defined | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10529.61 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $208393.04 | 55.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771038 | xxxxxx | Non QM | xxxxxx | Yes | No | $895.00 | $1890.90 | xxxxxx | 7.592% | $1097.77 | $1097.77 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $43603.61 | 1 | xxxxxx | $2580.00 |  |  |  |  |  | 10.851% | 10.851% | 10.851% | 06/07/2022 | 722 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2017 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $895.00 | xxxxxx | 5.160% | $0.00 | 2.6 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $381354.64 | 94.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772383 | xxxxxx | Non QM | xxxxxx | Yes | No | $12970.00 | $20589.79 | xxxxxx | 5.678% | $6956.21 | $6956.21 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $51832.09 | 1 | xxxxxx | $1268.16 |  |  |  |  |  | 19.146% | 21.207% | 19.146% | 05/23/2022 | 763 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12970.00 | xxxxxx | 4.590% | $0.00 | 2.1 |  |  |  | N/A | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $240494.06 | 17.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771579 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2475.00 | $2475.00 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $2841.00 | xxxxxx |  | $1350.00 |  | Annually | 0.000% | 0.000% | 0.000% | 04/14/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 6.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.95 |  |  |  |  |  |  | 240 | xxxxxx | $178730.00 | 30.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771974 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1247.49 | $1247.49 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $695.16 | xxxxxx |  | $425.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/18/2022 | 667 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.8 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.78 | 1.27 |  |  |  |  |  |  |  | xxxxxx | $169160.19 | 72.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773000 | xxxxxx | Non QM | xxxxxx | Yes | No | $9173.00 | $13597.02 | xxxxxx | 6.340% | $6307.41 | $6307.41 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $1262550.21 | 1 | xxxxxx | $5007.96 | xxxxxx |  | $3615.00 |  | Annually | 3.154% | 3.154% | 3.154% | 05/05/2022 | 727 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $9173.00 | xxxxxx | 5.180% | $0.00 | 2.5 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773002 | xxxxxx | Non QM | xxxxxx | Yes | No | $13433.75 | $21844.48 | xxxxxx | 6.353% | $9805.30 | $9805.30 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $1262843.79 | 1 | xxxxxx | $5516.04 |  |  |  |  |  | 3.141% | 3.141% | 3.141% | 05/05/2022 | 727 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $13433.75 | xxxxxx | 5.180% | $0.00 | 4 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771555 | xxxxxx | Non QM | xxxxxx | Yes | No | $9879.39 | $6248.59 | xxxxxx | 6.891% | $1342.10 | $1342.10 | 6.625% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $7228.39 | 1 | xxxxxx | $1107.96 |  |  |  |  |  | 32.620% | 32.620% | 32.620% | 04/26/2022 | 672 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9879.39 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | Yes | No | 6.625% | 0 | 0 | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $319320.88 | 76.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771313 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2247.72 | $2247.72 | 7.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2430.84 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/03/2022 | 629 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.99 | 1.01 |  |  |  |  |  |  |  | xxxxxx | $126132.17 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771069 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $745.07 | $745.07 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $599.04 | xxxxxx |  | $289.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 04/04/2022 | 700 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 |  | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.7 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.57 | 0.64 |  |  |  |  |  |  |  | xxxxxx | $142847.45 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771138 | xxxxxx | Non QM | xxxxxx | Yes | No | $14449.00 | $18472.33 | xxxxxx | 6.805% | $3564.86 | $3564.86 | 6.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8950.52 | 1 | xxxxxx | $1049.16 | xxxxxx |  | $65.00 |  | Monthly | 33.420% | 33.420% | 33.420% | 05/11/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $14449.00 | xxxxxx | 5.380% | $2000.00 | 1 |  |  |  | Yes | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $101001.66 | 14.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773146 | xxxxxx | Non QM | xxxxxx | Yes | No | $6854.00 | $9798.07 | xxxxxx | 6.821% | $2561.24 | $2561.24 | 6.625% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $8111.21 | 1 | xxxxxx | $843.12 | xxxxxx | xxxxxx | $465.00 |  | Monthly | 43.124% | 43.124% | 43.124% | 01/26/2022 | 741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2019<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2019 | [Borrower]; Transcripts (1040) - No Results Returned - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; Transcripts (1040) - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1040 - 2019<br> [Coborrower]; Transcripts (1040) - No Results Returned - 2021<br> [Coborrower]; Transcripts (1040) - 2020<br> [Coborrower]; 1040 - 2020<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; Transcripts (1040) - 2019<br> [Coborrower]; 1040 - 2019<br> [Coborrower]; 4506-C - 2019 | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6854.00 | xxxxxx | 3.960% | $0.00 |  | DU |  | ApproveEligible | No | No | 6.625% | 3 | 3 | 2 | 0 | 2 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $360504.71 | 72.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772729 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2610.25 | $2610.25 | 7.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 3 | xxxxxx | $2628.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/03/2022 | 655 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $83034.52 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772516 | xxxxxx | Non QM | xxxxxx | Yes | No | $16625.00 | $25284.06 | xxxxxx | 5.826% | $10373.65 | $10373.65 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $26517.75 | 1 | xxxxxx | $4224.96 |  |  |  |  |  | 33.266% | 37.960% | 33.266% | 05/11/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Business License - 2020 |  | Other | Chapter 7 |  | xxxxxx | 1 | 105.24 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16625.00 | xxxxxx | 4.600% | $0.00 | 3.7 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $54300.00 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771308 | xxxxxx | Non QM | xxxxxx | Yes | No | $9825.63 | $11071.18 | xxxxxx | 8.611% | $2362.13 | $2362.13 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $23775.21 | 1 | xxxxxx | $1682.04 |  |  |  |  |  | 16.688% | 16.688% | 16.688% | 05/04/2022 | 639 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9825.63 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $15636.19 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773273 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1504.47 | $1504.47 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $2015.64 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/05/2022 | 679 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 4.2 |  |  |  | N/A | No | 7.750% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.82 |  |  |  |  |  |  |  | xxxxxx | $35633.91 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772384 | xxxxxx | Non QM | xxxxxx | Yes | No | $21110.00 | $28939.17 | xxxxxx | 5.451% | $17717.91 | $17717.91 | 6.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $51229.38 | 1 | xxxxxx | $2256.00 |  |  |  |  |  | 34.251% | 38.660% | 34.251% | 05/20/2022 | 790 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $21110.00 | xxxxxx | 4.590% | $0.00 | 2.7 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $876740.84 | 25.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771835 | xxxxxx | N/A | xxxxxx | Yes | No | $10831.62 | $6327.12 | xxxxxx | 7.006% | $1430.16 | $1430.16 | 6.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5875.92 | 1 | xxxxxx | $1532.16 |  |  |  |  |  | 35.496% | 35.496% | 35.496% | 04/25/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10831.62 | xxxxxx | 5.330% | $0.00 | 1 |  |  |  | N/A | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $120955.70 | 38.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772512 | xxxxxx | Non QM | xxxxxx | Yes | No | $13750.00 | $5758.33 | xxxxxx | 7.538% | $6992.15 | $6992.15 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9595.30 | 2 | xxxxxx | $3234.84 |  |  |  |  |  | 49.162% | 49.162% | 49.162% | 05/13/2022 | 809 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13750.00 | xxxxxx | 5.160% | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $187932.78 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 767478 | xxxxxx | N/A | xxxxxx | Yes | No | $25425.94 | $28243.71 | xxxxxx | 6.936% | $3839.82 | $3839.82 | 6.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $76517.95 | 2 | xxxxxx | $2033.40 |  |  |  |  |  | 28.856% | 28.856% | 28.856% | 03/21/2022 | 680 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Business Return Transcripts - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; Business Return Transcripts - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; Business Return Transcripts - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; Business Return Transcripts - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2020 | [Borrower]; 1040 - 2021<br> [Borrower]; Tax Return Extension - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $25425.94 | xxxxxx | 4.790% | $0.00 |  |  |  |  | N/A | No | 6.500% | 1 |  | 2 | 0 | 1 | 1 |  |  | 16.10 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $245174.97 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772176 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3186.19 | $3186.19 | 6.625% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | xxxxxx | $3692.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/12/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  |  | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.36 | 0.73 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773050 | xxxxxx | N/A | xxxxxx | Yes | No | $9252.52 | $10182.64 | xxxxxx | 8.820% | $2477.46 | $2477.46 | 8.490% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9988.74 | 1 | xxxxxx | $3030.00 |  |  |  |  |  | 32.981% | 32.981% | 32.981% | 05/14/2022 | 654 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2019 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9252.52 | xxxxxx | 5.310% | $0.00 | 2.9 |  |  |  | No | No | 8.490% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $150687.74 | 35.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771826 | xxxxxx | N/A | xxxxxx | Yes | No | $13451.31 | $7571.85 | xxxxxx | 6.029% | $2089.01 | $2089.01 | 6.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $25445.14 | 4 | xxxxxx | $2381.04 |  |  |  |  |  | 18.702% | 18.702% | 18.702% | 05/23/2022 | 761 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13451.31 | xxxxxx | 4.420% | $3500.00 |  |  |  |  | No | No | 6.625% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $150833.12 | 35.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773428 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2379.12 | $2379.12 | 7.000% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $5451.36 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/05/2022 | 783 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.1 |  |  |  | N/A | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.34 | 0.75 |  |  |  |  |  |  |  | xxxxxx | $341865.13 | 73.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 770531 | xxxxxx | Non QM | xxxxxx | Yes | No | $17271.00 | $23871.58 |  | 7.839% | $7700.80 | $7700.80 | 7.625% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $34416.16 | 1 | xxxxxx | $5302.08 |  |  |  |  |  | 29.023% | 29.023% | 29.023% | 05/09/2022 | 715 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $17271.00 |  | 5.160% | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $91378.72 | 7.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773374 | xxxxxx | Non QM | xxxxxx | Yes | No | $12383.00 | $6599.90 | xxxxxx | 6.561% | $1976.42 | $1976.42 | 6.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $22246.64 | 1 | xxxxxx | $1392.96 |  |  |  |  |  | 22.623% | 22.623% | 22.623% | 04/25/2022 | 730 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2015 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12383.00 | xxxxxx | 5.180% | $0.00 | 3.4 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5000.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771827 | xxxxxx | Non QM | xxxxxx | Yes | No | $7936.00 | $9999.50 | xxxxxx | 6.787% | $2047.90 | $2047.90 | 6.500% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $4343.92 | 1 | xxxxxx | $703.08 |  |  |  |  |  | 43.152% | 43.152% | 43.152% | 05/16/2022 | 788 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7936.00 | xxxxxx | 5.330% | $0.00 | 1 |  |  |  | No | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $95007.01 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771873 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2043.49 | $2043.49 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $932.04 | xxxxxx |  | $197.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 04/12/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 3 |  |  |  | No | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.91 | 1.1 |  |  |  |  |  |  | 360 | xxxxxx | $315316.46 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771157 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $985.40 | $985.40 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1499.04 | xxxxxx |  | $100.00 |  | Annually | 0.000% | 0.000% | 0.000% | 05/10/2022 | 690 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.59 | 0.63 |  |  |  |  |  |  |  | xxxxxx | $137291.26 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773368 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $810.98 | $810.98 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $240.96 | xxxxxx |  | $464.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/24/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  |  | xxxxxx | $107556.45 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773407 | xxxxxx | Non QM | xxxxxx | Yes | No | $63264.50 | $66890.58 | xxxxxx | 6.595% | $12484.38 | $14660.94 | 6.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17705.01 | 1 | xxxxxx | $3096.96 | xxxxxx |  | $380.00 |  | Monthly | 49.414% | 43.196% | 49.414% | 05/23/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $63264.50 | xxxxxx | 5.330% | $0.00 | 1.6 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $153122.73 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773416 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1776.04 | $1776.04 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1189.56 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/07/2022 | 708 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.77 | 0.57 |  |  |  |  |  |  | 240 | xxxxxx | $298921.38 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773044 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $618.98 | $618.98 | 8.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1079.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  | 683 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.94 | 1.06 |  |  |  |  |  |  |  | xxxxxx | $27657.68 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 770985 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1280.98 | $1280.98 | 6.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2150.40 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/22/2022 | 774 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.44 | 0.69 |  |  |  |  |  |  |  | xxxxxx | $271718.07 | 72.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772719 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3489.08 | $3489.08 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1493.16 | xxxxxx |  | $1110.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/13/2022 | 670 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $541255.09 | 57.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771498 | xxxxxx | Non QM | xxxxxx | Yes | No | $32775.00 | $35317.23 | xxxxxx | 7.502% | $9277.60 | $9277.60 | 7.250% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14225.09 | 1 | xxxxxx | $8289.00 | xxxxxx |  | $2191.00 |  | Annually | 49.312% | 49.312% | 49.312% | 05/18/2022 | 662 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $32775.00 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 2 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $180740.28 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772004 | xxxxxx | Non QM | xxxxxx | Yes | No | $12955.00 | $17960.83 | xxxxxx | 7.109% | $4887.55 | $4887.55 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10574.59 | 1 | xxxxxx | $828.00 |  |  |  |  |  | 41.990% | 41.990% | 41.990% | 04/21/2022 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Business License - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12955.00 | xxxxxx | 5.180% | $15000.00 | 1.4 |  |  |  | No | No | 6.875% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $252162.08 | 27.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773511 | xxxxxx | Non QM | xxxxxx | Yes | No | $3596.25 | $4391.25 | xxxxxx | 6.080% | $729.47 | $729.47 | 5.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3864.64 | 1 | xxxxxx | $1682.76 | xxxxxx |  | $550.00 |  | Monthly | 31.934% | 31.934% | 31.934% | 01/10/2022 | 678 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3596.25 | xxxxxx | 3.610% | $0.00 | 1.6 |  |  |  | Yes | No | 5.750% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $118308.43 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773412 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4507.60 | $4507.60 | 8.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $3943.56 | xxxxxx |  | $440.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/25/2022 | 713 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.26 | 0.79 |  |  |  |  |  |  |  | xxxxxx | $10000.00 | 1.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771933 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1977.03 | $1977.03 | 7.500% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1002.96 | xxxxxx |  | $180.00 |  | Monthly | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.5 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $269833.32 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771936 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1610.23 | $1610.23 | 7.625% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $957.96 | xxxxxx |  | $210.00 |  | Monthly | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  |  | xxxxxx | $216680.91 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772441 | xxxxxx | Non QM | xxxxxx | Yes | No | $16690.00 | $18395.14 | xxxxxx | 8.218% | $4089.39 | $4089.39 | 7.875% | No | No | Not Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6651.69 | 2 | xxxxxx | $4704.00 |  |  |  |  |  | 45.422% | 45.422% | 45.422% | 06/08/2022 | 711 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16690.00 | xxxxxx | 5.160% | $7000.00 |  |  |  |  | No | No | 7.875% | 0 | 0 | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $70583.73 | 10.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772852 | xxxxxx | N/A | xxxxxx | Yes | No | $46475.10 | $19509.57 | xxxxxx | 8.229% | $6157.77 | $6157.77 | 7.990% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $20266.75 | 1 | xxxxxx | $1539.00 | xxxxxx |  | $68.00 |  | Monthly | 44.260% | 44.260% | 44.260% | 05/27/2022 | 686 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $46475.10 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | Yes | No | 7.990% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $310247.31 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771893 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2907.28 | $2907.28 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $4790.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/26/2022 | 719 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.85 | 1.18 |  |  |  |  |  |  |  | xxxxxx | $11930.83 | 2.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772374 | xxxxxx | N/A | xxxxxx | Yes | No | $9145.00 | $14965.00 | xxxxxx | 6.899% | $5474.17 | $5474.17 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21789.09 | 1 | xxxxxx | $1254.00 |  |  |  |  |  | 45.321% | 45.321% | 45.321% | 05/11/2022 | 733 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9145.00 | xxxxxx | 5.180% | $5000.00 | 2.3 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $556301.74 | 53.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771662 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $7283.54 | $7283.54 | 6.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1314.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/12/2022 | 732 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.56 | 1.77 |  |  |  |  |  |  |  | xxxxxx | $461406.77 | 26.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772449 | xxxxxx | Non QM | xxxxxx | Yes | No | $2980.00 | $3678.80 | xxxxxx | 7.422% | $1453.04 | $1453.04 | 7.250% | No | No | Not Employed |  | Self-Employed |  | 2.72 |  |  |  | xxxxxx |  |  |  |  |  | $3183.96 | 1 | xxxxxx | $1058.04 | xxxxxx |  | $2100.00 |  | Annually | 43.990% | 43.990% | 43.990% | 05/11/2022 | 742 | 742 | 731 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $2980.00 | xxxxxx | 5.330% | $0.00 | 1.1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $130259.19 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771355 | xxxxxx | Non QM | xxxxxx | Yes | No | $9182.18 | $11891.20 | xxxxxx | 6.819% | $3752.22 | $3752.22 | 6.625% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $28717.18 | 1 | xxxxxx | $963.96 | xxxxxx |  | $230.00 |  | Monthly | 24.048% | 24.048% | 24.048% | 06/01/2022 | 725 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 39.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 39.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9182.18 | xxxxxx | 5.380% | $37000.00 | 1 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $167503.24 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773405 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1601.42 | $1601.42 | 6.625% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $2142.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/16/2022 | 768 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.5 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.12 | 0.47 |  |  |  |  |  |  |  | xxxxxx | $246056.97 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772370 | xxxxxx | Non QM | xxxxxx | Yes | No | $5745.00 | $8758.78 | xxxxxx | 6.832% | $2618.87 | $2618.87 | 6.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4741.00 | 1 | xxxxxx | $554.04 | xxxxxx | xxxxxx | $370.00 |  | Monthly | 43.976% | 43.976% | 43.976% | 05/11/2022 | 798 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5745.00 | xxxxxx | 5.180% | $2000.00 | 1 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $266034.35 | 40.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772469 | xxxxxx | N/A | xxxxxx | Yes | No | $58604.37 | $38507.75 |  | 7.290% | $6002.69 | $6002.69 | 6.875% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $11050.17 | 4 | xxxxxx | $2747.04 |  |  |  |  |  | 43.984% | 43.984% | 43.984% | 06/07/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $58604.37 |  | 5.160% | $0.00 |  |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $35183.83 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773323 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1432.57 | $1432.57 | 7.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $288.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/13/2022 | 713 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.23 | 0.81 |  |  |  |  |  |  |  | xxxxxx | $16881.48 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771477 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1422.15 | $1422.15 | 6.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $4619.52 | xxxxxx |  | $575.00 |  | Annually | 0.000% | 0.000% | 0.000% | 05/18/2022 | 794 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.5 |  |  |  | Yes | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.63 | 0.61 |  |  |  |  |  |  |  | xxxxxx | $612577.53 | 74.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773810 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $778.57 | $778.57 | 7.625% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1487.40 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 01/14/2022 | 627 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.3 | 0.77 |  |  |  |  |  |  |  | xxxxxx | $90876.62 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771454 | xxxxxx | Non QM | xxxxxx | Yes | No | $1495.00 | $21873.10 | xxxxxx | 6.908% | $20904.30 | $23969.69 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $53867.50 | 1 | xxxxxx | $3279.96 |  |  |  |  |  | 47.740% | 44.766% | 47.740% | 05/19/2022 | 789 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 19 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $1495.00 | xxxxxx | 5.380% | $0.00 | 4 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 19 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $150000.00 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773459 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1462.50 | $1462.50 | 6.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $778.20 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/01/2022 | 781 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.48 | 0.68 |  |  |  |  |  |  | 240 | xxxxxx | $261830.75 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772456 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2916.11 | $2916.11 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $714.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/25/2022 | 767 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.96 |  |  |  |  |  |  |  | xxxxxx | $51250.12 | 10.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772945 | xxxxxx | Non QM | xxxxxx | Yes | No | $5601.87 | $7489.83 | xxxxxx | 8.011% | $1422.67 | $1422.67 | 7.625% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2495.49 | 1 | xxxxxx | $741.96 |  |  |  |  |  | 42.599% | 42.599% | 42.599% | 06/14/2022 | 694 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other | Chapter 7 |  | xxxxxx | 1 | 26.04 |  |  |  |  |  |  |  |  |  |  | 6 | 0 | 0 | No | xxxxxx | Verus | $5601.87 | xxxxxx | 5.310% | $0.00 |  |  |  |  | Yes | No | 7.625% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $25059.99 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769070 | xxxxxx | Non QM | xxxxxx | Yes | No | $16155.63 | $17261.17 | xxxxxx | 7.115% | $3064.63 | $3064.63 | 6.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21175.30 | 1 | xxxxxx | $1511.04 |  |  |  |  |  | 17.736% | 17.736% | 17.736% | 06/29/2022 | 787 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16155.63 | xxxxxx | 5.860% | $5000.00 |  |  |  |  | Yes | No | 6.750% | 0 |  | 2 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $295494.32 | 44.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771931 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $875.36 | $875.36 | 5.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2154.12 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/16/2022 | 813 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.7 |  |  |  | Yes | No | 5.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.16 | 0.46 |  |  |  |  |  |  |  | xxxxxx | $674383.71 | 90.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772268 | xxxxxx | Non QM | xxxxxx | Yes | No | $12820.00 | $14546.83 | xxxxxx | 7.954% | $2293.42 | $2293.42 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8130.99 | 1 | xxxxxx | $1653.12 |  |  |  |  |  | 32.775% | 32.775% | 32.775% | 04/22/2022 | 674 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12820.00 | xxxxxx | 5.310% | $0.00 | 1.1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 2 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $137228.22 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773376 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3103.99 | $3103.99 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2718.00 | xxxxxx |  | $245.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/30/2022 | 787 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.07 | 0.94 |  |  |  |  |  |  |  | xxxxxx | $30000.00 | 5.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773212 | xxxxxx | Non QM | xxxxxx | Yes | No | $14870.00 | $19761.67 | xxxxxx | 6.966% | $4669.91 | $4669.91 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11384.80 | 1 | xxxxxx | $3000.00 |  |  |  |  |  | 40.460% | 40.460% | 40.460% | 04/28/2022 | 677 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 65.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 65.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 65.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $14870.00 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $162133.12 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772779 | xxxxxx | N/A | xxxxxx | Yes | No | $5365.00 | $5472.50 | xxxxxx | 7.879% | $1048.82 | $1048.82 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3417.60 | 1 | xxxxxx | $588.96 | xxxxxx | xxxxxx | $800.00 |  | Annually | 41.475% | 41.475% | 41.475% | 05/23/2022 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5365.00 | xxxxxx | 5.310% | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $138352.92 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773404 | xxxxxx | Non QM | xxxxxx | Yes | No | $16795.10 | $21684.79 | xxxxxx | 7.357% | $5187.63 | $5187.63 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $114882.54 | 1 | xxxxxx | $4511.04 |  |  |  |  |  | 5.824% | 5.824% | 5.824% | 05/18/2022 | 717 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements | Chapter 7 |  | xxxxxx | 1 | 95.88 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16795.10 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $739445.54 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772131 | xxxxxx | Non QM | xxxxxx | Yes | No | $2990.00 | $4423.93 | xxxxxx | 6.987% | $972.90 | $972.90 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3118.28 | 1 | xxxxxx | $3522.00 | xxxxxx |  | $700.00 |  | Annually | 39.108% | 39.108% | 39.108% | 04/12/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2990.00 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | Yes | No | 6.750% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $23869.56 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 769003 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1265.46 | $1265.46 | 7.499% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $1215.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/11/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.499% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.36 | 0.73 |  |  |  |  |  |  | 240 | xxxxxx | $1000.00 | 0.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772462 | xxxxxx | Non QM | xxxxxx | Yes | No | $67495.00 | $69249.25 | xxxxxx | 7.797% | $16781.15 | $16781.15 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $36254.53 | 1 | xxxxxx | $3666.00 |  |  |  |  |  | 35.952% | 35.952% | 35.952% | 06/06/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $67495.00 | xxxxxx | 5.310% | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $1051575.52 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772463 | xxxxxx | Non QM | xxxxxx | Yes | No | $15763.00 | $16997.88 | xxxxxx | 7.757% | $4778.43 | $4778.43 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21681.58 | 1 | xxxxxx | $1656.96 | xxxxxx |  | $277.00 |  | Monthly | 41.955% | 41.955% | 41.955% | 06/07/2022 | 748 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $15763.00 | xxxxxx | 5.310% | $0.00 | 2.7 |  |  |  | N/A | No | 7.500% | 2 |  | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $812863.18 | 101.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771327 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2561.24 | $2561.24 | 6.625% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1565.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/11/2022 | 681 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.3 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.76 | 1.31 |  |  |  |  |  |  |  | xxxxxx | $479310.55 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772526 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $5095.14 | $5095.14 | 6.875% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  |  | xxxxxx | $6874.08 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/07/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  |  | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.33 | 0.75 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773329 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4182.29 | $4182.29 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2156.40 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/16/2022 | 816 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.29 | 0.77 |  |  |  |  |  |  | 240 | xxxxxx | $667744.40 | 51.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773303 | xxxxxx | Non QM | xxxxxx | Yes | No | $34536.87 | $36626.87 | xxxxxx | 8.045% | $9438.73 | $9438.73 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $24945.42 | 1 | xxxxxx | $9436.80 | xxxxxx |  | $175.00 |  | Monthly | 35.689% | 35.689% | 35.689% | 05/23/2022 | 670 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Borrower Prepared | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available | 1 Year Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $34536.87 | xxxxxx | 5.860% | $8000.00 |  |  |  |  | Yes | No | 7.750% | 1 |  | 1 | 0 | 1 | 1 |  |  | 16.77 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $70000.00 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771899 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1330.61 | $1330.61 | 7.000% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $897.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/23/2022 | 669 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.7 |  |  |  | No | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.41 | 0.71 |  |  |  |  |  |  |  | xxxxxx | $29881.40 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771927 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2243.84 | $2243.84 | 6.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1247.04 | xxxxxx |  | $160.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/25/2022 | 809 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.95 |  |  |  |  |  |  |  | xxxxxx | $261987.28 | 45.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772507 | xxxxxx | Non QM | xxxxxx | Yes | No | $13711.00 | $12278.50 | xxxxxx | 6.519% | $2770.73 | $2770.73 | 6.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $16002.69 | 1 | xxxxxx | $819.36 |  |  |  |  |  | 24.420% | 24.420% | 24.420% | 04/26/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2020<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13711.00 | xxxxxx | 5.160% | $0.00 | 1 |  |  |  | N/A | No | 6.250% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $365280.46 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772578 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2536.10 | $2536.10 | 7.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $866.76 | xxxxxx |  | $66.67 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/10/2022 | 703 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $344060.75 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771985 | xxxxxx | Non QM | xxxxxx | Yes | No | $20528.19 | $21469.84 | xxxxxx | 7.380% | $2847.79 | $2847.79 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4965.57 | 1 | xxxxxx | $1143.96 | xxxxxx |  | $99.00 |  | Monthly | 44.041% | 44.041% | 44.041% | 05/26/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $20528.19 | xxxxxx | 5.180% | $0.00 | 1.7 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $122400.92 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772412 | xxxxxx | Non QM | xxxxxx | Yes | No | $6995.00 | $7867.04 | xxxxxx | 7.935% | $1328.51 | $1328.51 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8751.69 | 1 | xxxxxx | $1626.84 | xxxxxx |  | $335.00 |  | Annually | 42.925% | 42.925% | 42.925% | 06/01/2022 | 692 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 38.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6995.00 | xxxxxx | 5.160% | $0.00 | 2 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $81776.56 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772838 | xxxxxx | Non QM | xxxxxx | Yes | No | $7002.50 | $10204.24 | xxxxxx | 7.385% | $3760.50 | $3760.50 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $35336.91 | 1 | xxxxxx | $2240.40 | xxxxxx |  | $475.00 |  | Monthly | 23.362% | 23.362% | 23.362% | 04/25/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Non-Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; W-2 Transcript - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 1040 - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $7002.50 | xxxxxx | 5.310% | $0.00 | 1 |  |  |  | Yes | No | 7.250% | 2 |  | 2 | 0 | 3 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $1178776.58 | 157.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771829 | xxxxxx | Non QM | xxxxxx | Yes | No | $14117.50 | $15423.98 | xxxxxx | 7.215% | $4939.87 | $4939.87 | 7.000% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $67437.83 | 1 | xxxxxx | $2373.60 |  |  |  |  |  | 15.543% | 15.543% | 15.543% | 05/12/2022 | 675 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.80000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.80000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.80000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $14117.50 | xxxxxx | 5.160% | $0.00 | 1 |  |  |  | N/A | No | 7.000% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $159624.70 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772369 | xxxxxx | N/A | xxxxxx | Yes | No | $17065.00 | $10231.37 | xxxxxx | 9.073% | $2242.10 | $2242.10 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $82993.88 | 1 | xxxxxx | $13188.72 |  |  |  |  |  | 29.741% | 29.741% | 29.741% | 06/01/2022 | 645 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $17065.00 | xxxxxx | 5.860% | $4800.00 | 1 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773397 | xxxxxx | Non QM | xxxxxx | Yes | No | $10199.99 | $17147.11 | xxxxxx | 6.494% | $6363.47 | $6363.47 | 6.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $53392.17 | 1 | xxxxxx | $2148.00 |  |  |  |  |  | 18.449% | 18.449% | 18.449% | 05/24/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10199.99 | xxxxxx | 5.160% | $20785.00 | 2.1 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $360900.41 | 28.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773216 | xxxxxx | Non QM | xxxxxx | Yes | No | $12245.00 | $16592.33 | xxxxxx | 5.691% | $3494.86 | $3494.86 | 6.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4632.55 | 1 | xxxxxx | $971.04 |  |  |  |  |  | 48.527% | 55.853% | 48.527% | 05/25/2022 | 730 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12245.00 | xxxxxx | 5.240% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $254585.64 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773384 | xxxxxx | N/A | xxxxxx | Yes | No | $10668.20 | $12723.43 | xxxxxx | 7.597% | $3349.77 | $3349.77 | 7.375% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $49617.44 | 1 | xxxxxx | $1572.00 | xxxxxx |  | $139.00 |  | Monthly | 29.993% | 29.993% | 29.993% | 06/02/2022 | 774 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10668.20 | xxxxxx | 5.310% | $0.00 | 4.4 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $431465.72 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772468 | xxxxxx | N/A | xxxxxx | Yes | No | $16640.00 | $10564.85 | xxxxxx | 6.519% | $2031.87 | $2031.87 | 6.250% | No | No | Not Employed |  | Self-Employed |  | 4.27 |  |  |  | xxxxxx |  |  |  |  |  | $13407.00 | 4 | xxxxxx | $3657.48 |  |  |  |  |  | 39.806% | 39.806% | 39.806% | 04/28/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $16640.00 | xxxxxx | 4.550% | $0.00 |  |  |  |  | No | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773157 | xxxxxx | Non QM | xxxxxx | Yes | No | $8090.60 | $13356.03 | xxxxxx | 7.179% | $2496.33 | $2496.33 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3751.31 | 1 | xxxxxx | $1395.96 |  |  |  |  |  | 47.494% | 47.494% | 47.494% | 06/13/2022 | 718 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8090.60 | xxxxxx | 5.310% | $0.00 | 1.6 |  |  |  | No | No | 6.875% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $372772.50 | 52.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773484 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1930.97 | $1930.97 | 6.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $746.28 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/08/2022 | 742 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.31 | 0.76 |  |  |  |  |  |  |  | xxxxxx | $140838.00 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772454 | xxxxxx | Non QM | xxxxxx | Yes | No | $21426.00 | $27881.03 | xxxxxx | 7.525% | $7872.81 | $8847.55 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18322.11 | 1 | xxxxxx | $4017.60 | xxxxxx |  | $236.00 |  | Monthly | 48.295% | 45.544% | 48.295% | 06/23/2022 | 720 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $21426.00 | xxxxxx | 5.330% | $0.00 | 1 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $56278.31 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773472 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1246.88 | $1246.88 | 7.125% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $467.04 | xxxxxx |  | $287.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/01/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.5 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.95 |  |  |  |  |  |  | 240 | xxxxxx | $200270.67 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772868 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3097.50 | $3097.50 | 7.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1212.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/14/2022 | 715 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 5 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.7 | 1.42 |  |  |  |  |  |  | 240 | xxxxxx | $95298.82 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773382 | xxxxxx | Non QM | xxxxxx | Yes | No | $5321.00 | $5955.74 | xxxxxx | 6.746% | $2343.54 | $2343.54 | 6.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13668.09 | 1 | xxxxxx | $1844.76 | xxxxxx |  | $1000.00 |  | Annually | 24.936% | 24.936% | 24.936% | 04/14/2022 | 805 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5321.00 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $302141.06 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772631 | xxxxxx | Non QM | xxxxxx | Yes | No | $13233.75 | $16864.80 | xxxxxx | 7.292% | $3413.01 | $3413.01 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13661.97 | 1 | xxxxxx | $2920.08 |  |  |  |  |  | 39.001% | 39.001% | 39.001% | 06/07/2022 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13233.75 | xxxxxx | 5.310% | $0.00 | 1 |  |  |  | N/A | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $101728.49 | 18.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772717 | xxxxxx | Non QM | xxxxxx | Yes | No | $19368.75 | $13059.61 | xxxxxx | 7.779% | $2971.67 | $2971.67 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6969.39 | 1 | xxxxxx | $1276.80 | xxxxxx | xxxxxx | $403.00 |  | Monthly | 42.072% | 42.072% | 42.072% | 05/25/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Employer Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx\| Non-Primary Income - Foster Care]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Foster Care]; Paystubs - 2022 | [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; Transcripts (1040) - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19368.75 | xxxxxx | 5.310% | $1000.00 | 2.2 |  |  |  | Yes | No | 7.500% | 2 |  | 0 | 0 | 2 | 3 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $214218.64 | 43.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772170 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1385.37 | $1385.37 | 6.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $2457.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/03/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.75 | 0.57 |  |  |  |  |  |  |  | xxxxxx | $439501.58 | 98.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773542 | xxxxxx | N/A | xxxxxx | Yes | No | $20392.50 | $12794.95 | xxxxxx | 5.758% | $2805.09 | $2805.09 | 6.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11317.09 | 1 | xxxxxx | $0.00 | xxxxxx |  | $210.00 |  | Monthly | 29.702% | 32.989% | 29.702% | 06/17/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $20392.50 | xxxxxx | 5.190% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $25349.87 | 4.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773097 | xxxxxx | Non QM | xxxxxx | Yes | No | $8595.00 | $12945.24 | xxxxxx | 5.763% | $2824.79 | $2824.79 | 6.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7722.43 | 1 | xxxxxx | $698.40 | xxxxxx |  | $370.00 |  | Monthly | 34.969% | 39.456% | 34.969% | 06/13/2022 | 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $8595.00 | xxxxxx | 5.240% | $5000.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $479322.55 | 58.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771952 | xxxxxx | N/A | xxxxxx | No | No |  |  |  |  | $1838.92 | $1838.92 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $491.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/02/2022 | 720 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.5 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.96 |  |  |  |  |  |  |  | xxxxxx | $18284.81 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772861 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $861.18 | $861.18 | 8.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1278.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/17/2022 | 686 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.2 |  |  |  | No | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.82 |  |  |  |  |  |  |  | xxxxxx | $67663.54 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772585 | xxxxxx | N/A | xxxxxx | Yes | No | $4495.00 | $6007.49 | xxxxxx | 6.928% | $7068.55 | $7068.55 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13485.27 | 1 | xxxxxx | $3300.00 | xxxxxx |  | $178.00 |  | Monthly | 49.098% | 49.098% | 49.098% | 05/16/2022 | 759 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $4495.00 | xxxxxx | 5.310% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $7540.45 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772415 | xxxxxx | N/A | xxxxxx | Yes | No | $8338.60 | $10215.12 | xxxxxx | 6.871% | $1592.81 | $1592.81 | 6.500% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $16181.36 | 2 | xxxxxx | $1112.04 |  |  |  |  |  | 25.718% | 25.718% | 25.718% | 06/06/2022 | 803 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx\| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8338.60 | xxxxxx | 5.160% | $4500.00 |  |  |  |  | No | No | 6.500% | 2 | 2 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $133550.51 | 42.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773103 | xxxxxx | Non QM | xxxxxx | Yes | No | $4295.00 | $5853.22 | xxxxxx | 8.216% | $3712.49 | $3712.49 | 8.125% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $18365.71 | 1 | xxxxxx | $2459.04 | xxxxxx |  | $750.00 |  | Annually | 25.767% | 25.767% | 25.767% | 05/16/2022 | 676 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4295.00 | xxxxxx | 5.860% | $7000.00 | 1 |  |  |  | Yes | No | 8.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $10000.00 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773510 | xxxxxx | Non QM | xxxxxx | Yes | No | $36772.60 | $43359.35 | xxxxxx | 8.004% | $6481.25 | $8295.19 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9151.56 | 4 | xxxxxx | $3594.96 |  |  |  |  |  | 49.150% | 39.071% | 49.150% | 05/02/2022 | 681 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other | Chapter 7 |  | xxxxxx | 1 | 101.16 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 5 | No | xxxxxx | Verus | $36772.60 | xxxxxx | 5.860% | $0.00 |  |  |  |  | No | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $98018.04 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772722 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2773.23 | $2773.23 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | Foreign National |  |  |  |  |  |  |  | xxxxxx | $1476.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  |  | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.32 | 0.76 |  |  |  |  |  |  |  | xxxxxx | $9000.00 | 2.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773613 | xxxxxx | Non QM | xxxxxx | Yes | No | $1495.00 | $6348.38 | xxxxxx | 6.074% | $11256.89 | $11256.89 | 8.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $292528.39 | 1 | xxxxxx | $8811.60 |  |  |  |  |  | 6.486% | 7.107% | 6.486% | 06/22/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 4506-C - 2017<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1495.00 | xxxxxx | 5.190% | $25000.00 |  |  |  |  | N/A | No | 8.500% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $18300.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775083 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3315.26 | $3315.26 | 7.700% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1263.96 | xxxxxx |  | $66.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 04/26/2022 | 682 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.700% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.64 | 1.56 |  |  |  |  |  |  |  | xxxxxx | $183568.34 | 29.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772887 | xxxxxx | Non QM | xxxxxx | Yes | No | $9295.00 | $13382.12 | xxxxxx | 8.193% | $2900.28 | $2900.28 | 7.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6512.74 | 1 | xxxxxx | $1076.40 |  |  |  |  |  | 41.977% | 41.977% | 41.977% | 07/11/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9295.00 | xxxxxx | 5.310% | $0.00 | 2 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 2 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $114919.99 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772937 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2201.29 | $2201.29 | 8.000% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 4 | xxxxxx | $705.36 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/26/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.8 | 0.55 |  |  |  |  |  |  |  | xxxxxx | $137833.18 | 34.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773555 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2479.28 | $2479.28 | 6.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1061.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/17/2022 | 694 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.1 |  |  |  | N/A | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $29199.74 | 3.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771430 | xxxxxx | Non QM | xxxxxx | Yes | No | $12415.00 | $13722.73 | xxxxxx | 7.282% | $2135.02 | $2135.02 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7406.00 | 1 | xxxxxx | $1301.04 |  |  |  |  |  | 27.707% | 27.707% | 27.707% | 05/12/2022 | 741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12415.00 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $40727.61 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773546 | xxxxxx | Non QM | xxxxxx | Yes | No | $9090.78 | $10840.09 | xxxxxx | 7.591% | $3202.67 | $3202.67 | 7.375% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $16433.22 | 1 | xxxxxx | $1512.96 |  |  |  |  |  | 26.732% | 26.732% | 26.732% | 06/23/2022 | 698 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  | Audited | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Audited P&L - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Audited P&L - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 83.77000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9090.78 | xxxxxx | 5.880% | $0.00 | 3.1 |  |  |  | N/A | No | 7.375% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 6.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771159 | xxxxxx | Non QM | xxxxxx | Yes | No | $15750.88 | $17988.24 | xxxxxx | 7.488% | $3213.64 | $3213.64 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4779.03 | 1 | xxxxxx | $4698.00 |  |  |  |  |  | 48.924% | 48.924% | 48.924% | 04/06/2022 | 672 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 29.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 29.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 29.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15750.88 | xxxxxx | 5.350% | $0.00 | 2.6 |  |  |  | No | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $26345.15 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773080 | xxxxxx | N/A | xxxxxx | Yes | No | $5103.75 | $8593.83 | xxxxxx | 7.544% | $3097.68 | $3097.68 | 7.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5241.26 | 1 | xxxxxx | $840.96 |  |  |  |  |  | 19.109% | 19.109% | 19.109% | 05/11/2022 | 766 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5103.75 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | Yes | No | 7.375% | 2 |  | 0 | 0 | 2 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $211279.67 | 35.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773105 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1901.86 | $1901.86 | 7.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $3133.20 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/11/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $250941.76 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773152 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $875.00 | $875.00 | 7.000% | No | No |  |  |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | 1 | xxxxxx | $474.96 | xxxxxx |  | $425.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/20/2022 | 764 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 4.5 |  |  |  | No | No | 7.000% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.88 |  |  |  |  |  |  | 360 | xxxxxx | $138546.03 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775492 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $758.34 | $758.34 | 8.625% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1716.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/13/2022 | 627 | 633 | 627 | 617 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.1 |  |  |  | No | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.1 | 0.91 |  |  |  |  |  |  |  | xxxxxx | $93864.69 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772434 | xxxxxx | Non QM | xxxxxx | Yes | No | $9410.00 | $10862.43 | xxxxxx | 7.635% | $2735.07 | $2735.07 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6260.84 | 1 | xxxxxx | $936.12 | xxxxxx | xxxxxx | $407.00 |  | Monthly | 44.059% | 44.059% | 44.059% | 05/06/2022 | 752 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2015 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9410.00 | xxxxxx | 5.160% | $0.00 | 2 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $77104.07 | 16.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771783 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2763.74 | $2763.74 | 6.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $792.96 | xxxxxx |  | $800.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/25/2022 | 689 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 3 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $205024.93 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772946 | xxxxxx | Non QM | xxxxxx | Yes | No | $18295.00 | $20996.67 | xxxxxx | 5.989% | $7883.15 | $7883.15 | 6.875% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $29685.72 | 1 | xxxxxx | $7338.96 |  |  |  |  |  | 31.468% | 31.468% | 31.468% | 06/01/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Business License - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2022<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $18295.00 | xxxxxx | 4.620% | $0.00 |  |  |  |  | N/A | No | 6.875% | 0 | 0 | 0 | 0 | 4 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $936977.78 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773114 | xxxxxx | N/A | xxxxxx | Yes | No | $18551.00 | $9090.76 | xxxxxx | 7.925% | $2980.27 | $2980.27 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $35727.56 | 1 | xxxxxx | $738.36 |  |  |  |  |  | 13.948% | 13.948% | 13.948% | 06/20/2022 | 730 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $18551.00 | xxxxxx | 5.860% | $0.00 | 5 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $163077.30 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773308 | xxxxxx | Non QM | xxxxxx | Yes | No | $14521.30 | $16284.53 | xxxxxx | 7.937% | $3609.75 | $3609.75 | 7.625% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10044.37 | 1 | xxxxxx | $557.04 |  |  |  |  |  | 46.561% | 46.561% | 46.561% | 06/10/2022 | 622 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 0 | 0 | No | xxxxxx | Verus | $14521.30 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | Yes | No | 7.625% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $73710.69 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772114 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1970.79 | $1970.79 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1167.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/01/2022 | 793 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.24 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $358558.95 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774926 | xxxxxx | Non QM | xxxxxx | Yes | No | $14051.05 | $6955.40 | xxxxxx | 10.709% | $3224.46 | $3224.46 | 10.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $21873.18 | 1 | xxxxxx | $2445.96 | xxxxxx |  | $660.00 |  | Annually | 22.805% | 22.805% | 22.805% | 06/24/2022 | 639 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2019 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 0 | 0 | No | xxxxxx | Verus | $14051.05 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | N/A | No | 10.500% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773136 | xxxxxx | Non QM | xxxxxx | Yes | No | $21109.25 | $22805.05 | xxxxxx | 7.507% | $2968.91 | $2968.91 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $16681.23 | 1 | xxxxxx | $1550.04 |  |  |  |  |  | 26.475% | 26.475% | 26.475% | 06/21/2022 | 719 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $21109.25 | xxxxxx | 5.860% | $100000.00 | 1 |  |  |  | Yes | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $10332.20 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773579 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1321.52 | $1321.52 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1065.96 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/21/2022 | 696 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $8312.92 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773583 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1297.04 | $1297.04 | 7.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $798.60 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/19/2022 | 725 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.22 | 0.45 |  |  |  |  |  |  |  | xxxxxx | $0.00 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773584 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1345.99 | $1345.99 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $552.00 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/21/2022 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.7 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.15 | 0.87 |  |  |  |  |  |  |  | xxxxxx | $24574.42 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773585 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1468.35 | $1542.16 | 8.009% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $798.60 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/19/2022 | 725 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 1-Not Stated/Not Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.9 |  |  |  | N/A | No | 8.009% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.11 | 0.47 |  |  |  |  |  |  |  | xxxxxx | $0.00 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773588 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1394.93 | $1394.93 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $477.96 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/21/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.44 | 0.7 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773589 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1394.93 | $1394.93 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $477.96 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/21/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.38 | 0.73 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775408 | xxxxxx | Non QM | xxxxxx | Yes | No | $13865.00 | $16096.11 | xxxxxx | 7.621% | $8652.78 | $8652.78 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $76438.34 | 1 | xxxxxx | $2682.00 |  |  |  |  |  | 16.213% | 16.213% | 16.213% | 06/30/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 51.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 51.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 51.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 51.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $13865.00 | xxxxxx | 5.580% | $0.00 | 1.9 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $922021.29 | 56.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775259 | xxxxxx | Non QM | xxxxxx | Yes | No | $9396.25 | $10914.43 | xxxxxx | 8.501% | $2104.98 | $2104.98 | 8.125% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $16644.25 | 1 | xxxxxx | $1096.92 |  |  |  |  |  | 20.614% | 20.614% | 20.614% | 04/19/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $9396.25 | xxxxxx | 5.310% | $0.00 |  |  |  |  | N/A | No | 8.125% | 0 |  | 0 | 0 | 2 | 0 |  |  | 17.50 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $84314.15 | 27.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772833 | xxxxxx | Non QM | xxxxxx | Yes | No | $7361.25 | $8119.93 | xxxxxx | 7.159% | $1240.45 | $1240.45 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4137.65 | 1 | xxxxxx | $614.04 |  |  |  |  |  | 36.469% | 36.469% | 36.469% | 06/04/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7361.25 | xxxxxx | 5.310% | $0.00 | 3.3 |  |  |  | Yes | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $90091.26 | 35.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772207 | xxxxxx | N/A | xxxxxx | Yes | No | $4621.70 | $5540.66 | xxxxxx | 7.485% | $1029.45 | $1029.45 | 7.125% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3657.40 | 1 | xxxxxx | $918.00 |  |  |  |  |  | 13.975% | 13.975% | 13.975% | 05/12/2022 | 799 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Social Security]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Social Security]; Award Letter / Continuance Letter - 2022 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4621.70 | xxxxxx | 5.160% | $0.00 | 1 |  |  |  | Yes | No | 7.125% | 0 |  | 2 | 0 | 2 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $450758.85 | 236.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774066 | xxxxxx | Non QM | xxxxxx | Yes | No | $11454.00 | $12745.70 | xxxxxx | 8.393% | $1885.91 | $1885.91 | 7.875% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $6801.65 | 1 | xxxxxx | $789.96 |  |  |  |  |  | 27.473% | 27.473% | 27.473% | 05/05/2022 | 724 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11454.00 | xxxxxx | 5.370% | $20000.00 | 1.5 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $54797.78 | 19.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773417 | xxxxxx | N/A | xxxxxx | Yes | No | $9134.44 | $10764.34 | xxxxxx | 8.431% | $2624.73 | $2624.73 | 8.125% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9700.76 | 1 | xxxxxx | $716.04 |  |  |  |  |  | 23.710% | 23.710% | 23.710% | 06/14/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9134.44 | xxxxxx | 5.860% | $0.00 | 1 |  |  |  | N/A | No | 8.125% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $332951.42 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774886 | xxxxxx | Non QM | xxxxxx | Yes | No | $23149.80 | $30927.36 | xxxxxx | 7.130% | $13572.17 | $13572.17 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $27780.72 | 1 | xxxxxx | $1209.00 | xxxxxx | xxxxxx | $109.00 |  | Monthly | 39.532% | 39.532% | 39.532% | 06/10/2022 | 727 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $23149.80 | xxxxxx | 5.370% | $0.00 | 2.6 |  |  |  | No | No | 7.000% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $757252.82 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774636 | xxxxxx | Non QM | xxxxxx | Yes | No | $21950.00 | $27720.36 | xxxxxx | 7.165% | $6043.75 | $6043.75 | 6.875% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $11382.48 | 1 | xxxxxx | $1540.20 |  |  |  |  |  | 43.873% | 43.873% | 43.873% | 06/30/2022 | 727 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $21950.00 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $561740.43 | 39.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771347 | xxxxxx | Non QM | xxxxxx | Yes | No | $14755.00 | $17022.77 | xxxxxx | 6.623% | $3155.63 | $4385.10 | 6.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6701.16 | 1 | xxxxxx | $7333.68 | xxxxxx |  | $2500.00 |  | Annually | 46.269% | 36.410% | 46.269% | 05/02/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $14755.00 | xxxxxx | 5.380% | $0.00 | 3.1 |  |  |  | No | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $79417.68 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772410 | xxxxxx | Non QM | xxxxxx | Yes | No | $20801.14 | $21860.90 | xxxxxx | 9.692% | $3569.81 | $3569.81 | 9.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4456.99 | 1 | xxxxxx | $1285.92 |  |  |  |  |  | 51.391% | 51.391% | 51.391% | 06/08/2022 | 569 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $20801.14 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | Yes | No | 9.125% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $13822.97 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773719 | xxxxxx | Non QM | xxxxxx | Yes | No | $2085.00 | $3573.64 | xxxxxx | 8.312% | $4177.04 | $4177.04 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $36493.16 | 1 | xxxxxx | $9827.76 | xxxxxx |  | $600.00 |  | Monthly | 24.288% | 24.288% | 24.288% | 06/06/2022 | 709 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2085.00 | xxxxxx | 5.370% | $0.00 | 1.6 |  |  |  | Yes | No | 8.250% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $417314.54 | 60.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775268 | xxxxxx | Non QM | xxxxxx | Yes | No | $10125.00 | $11365.63 | xxxxxx | 5.711% | $3567.29 | $3567.29 | 6.750% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7058.95 | 1 | xxxxxx | $561.00 | xxxxxx |  | $213.00 |  | Monthly | 40.178% | 45.921% | 40.178% | 06/01/2022 | 798 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10125.00 | xxxxxx | 4.590% | $0.00 | 1 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $505.14 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774523 | xxxxxx | Non QM | xxxxxx | Yes | No | $24156.40 | $14483.93 | xxxxxx | 8.603% | $4748.93 | $4748.93 | 8.375% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $12543.09 | 1 | xxxxxx | $4407.00 | xxxxxx |  | $1700.00 |  | Annually | 41.333% | 41.333% | 41.333% | 06/23/2022 | 670 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 90.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 82.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 82.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 82.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 82.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 90.00% \| Expense Ratio: 82.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $24156.40 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $191439.15 | 25.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774639 | xxxxxx | Non QM | xxxxxx | Yes | No | $2537.50 | $2197.13 | xxxxxx | 7.730% | $1266.95 | $1266.95 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13027.53 | 1 | xxxxxx | $1020.96 | xxxxxx |  | $215.00 |  | Monthly | 28.327% | 28.327% | 28.327% | 06/13/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2537.50 | xxxxxx | 5.370% | $0.00 | 1.3 |  |  |  | Yes | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $276557.54 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774871 | xxxxxx | N/A | xxxxxx | Yes | No | $47745.00 | $49595.32 | xxxxxx | 6.628% | $7759.76 | $7759.76 | 7.250% | No | No | Not Employed |  | Self-Employed |  | 22.15 |  |  |  | xxxxxx |  |  |  |  |  | $17148.27 | 3 | xxxxxx | $5658.48 |  |  |  |  |  | 32.942% | 38.550% | 32.942% | 06/21/2022 | 703 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx\| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $47745.00 | xxxxxx | 5.080% | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $180172.61 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774958 | xxxxxx | Non QM | xxxxxx | Yes | No | $11965.90 | $13230.82 | xxxxxx | 7.787% | $2687.50 | $3464.05 | 7.500% | No | No | Self-Employed | Not Employed | Not Employed |  | 0 |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6070.81 | 1 | xxxxxx | $1251.12 |  |  |  |  |  | 43.056% | 35.772% | 43.056% | 06/16/2022 | 711 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  | Level 1-Not Stated/Not Verified |  | Level 1-Not Stated/Not Verified |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11965.90 | xxxxxx | 5.580% | $0.00 | 1 |  |  |  | Yes | No | 7.500% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $36005.57 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773221 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1689.71 | $1689.71 | 9.000% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1122.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/22/2022 | 672 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $9078.95 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771967 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2302.34 | $2302.34 | 7.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1515.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/31/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.94 | 1.06 |  |  |  |  |  |  |  | xxxxxx | $155833.76 | 35.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775935 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2737.58 | $2737.58 | 8.375% | No | No |  |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3616.92 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/13/2022 | 773 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 4.5 |  |  |  | No | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.92 | 1.08 |  |  |  |  |  |  | 240 | xxxxxx | $10000.00 | 2.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773860 | xxxxxx | Non QM | xxxxxx | Yes | No | $14050.00 | $14781.68 | xxxxxx | 9.757% | $5488.68 | $5488.68 | 9.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18602.53 | 1 | xxxxxx | $3287.04 |  |  |  |  |  | 40.108% | 40.108% | 40.108% | 07/12/2022 | 672 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $14050.00 | xxxxxx | 5.580% | $0.00 | 2.9 |  |  |  | No | No | 9.500% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $12000.00 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771354 | xxxxxx | Non QM | xxxxxx | Yes | No | $11129.04 | $12833.34 | xxxxxx | 7.953% | $4516.98 | $4516.98 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $440222.16 | 2 | xxxxxx | $3258.48 |  |  |  |  |  | 2.705% | 2.705% | 2.705% | 06/23/2022 | 626 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 48 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11129.04 | xxxxxx | 5.370% | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $179173.38 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775655 | xxxxxx | Non QM | xxxxxx | Yes | No | $10195.00 | $11871.42 | xxxxxx | 8.086% | $2636.40 | $2636.40 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10076.05 | 1 | xxxxxx | $873.00 |  |  |  |  |  | 32.906% | 32.906% | 32.906% | 06/20/2022 | 736 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10195.00 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 4 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $61245.88 | 13.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774155 | xxxxxx | N/A | xxxxxx | Yes | No | $6562.50 | $7262.12 | xxxxxx | 8.629% | $1521.31 | $1521.31 | 8.250% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $4409.64 | 1 | xxxxxx | $1949.04 |  |  |  |  |  | 45.974% | 45.974% | 45.974% | 06/15/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Partnership (>= 25%)]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Partnership (>= 25%)]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Partnership (>= 25%)]; 1065 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Partnership (>= 25%)]; K-1 - 2021 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | 1 Year Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6562.50 | xxxxxx | 5.580% | $0.00 | 1 |  |  |  | Yes | No | 8.250% | 1 | 0 | 1 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $86553.63 | 32.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776145 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1966.56 | $1966.56 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2068.80 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/04/2022 | 662 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.2 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.99 | 1.01 |  |  |  |  |  |  | 240 | xxxxxx | $118360.51 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771512 | xxxxxx | N/A | xxxxxx | Yes | No | $37300.00 | $22548.31 | xxxxxx | 7.309% | $4391.00 | $4391.00 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $81506.25 | 1 | xxxxxx | $990.00 |  |  |  |  |  | 42.377% | 42.377% | 42.377% | 05/19/2022 | 737 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $37300.00 | xxxxxx | 5.380% | $0.00 | 1 |  |  |  | N/A | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $203769.15 | 25.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772728 | xxxxxx | N/A | xxxxxx | Yes | No | $50160.00 | $25668.70 | xxxxxx | 7.896% | $6653.26 | $6653.26 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $81066.75 | 2 | xxxxxx | $1017.00 |  |  |  |  |  | 42.688% | 42.688% | 42.688% | 05/19/2022 | 737 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $50160.00 | xxxxxx | 5.310% | $0.00 |  |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $253769.15 | 22.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774251 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $5093.28 | $5093.28 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $997.32 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/21/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.81 | 0.55 |  |  |  |  |  |  |  | xxxxxx | $43762.77 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775525 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6426.22 | $6426.22 | 7.750% | No | No |  |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  |  | 4 | xxxxxx | $1470.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/05/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $502870.97 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771968 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1545.83 | $1545.83 | 6.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1969.20 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/09/2022 | 661 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other | Chapter 7 |  | xxxxxx | 1 | 36.96 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.3 |  |  |  | Yes | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.08 | 0.92 |  |  |  |  |  |  | 240 | xxxxxx | $108603.46 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771099 | xxxxxx | Non QM | xxxxxx | Yes | No | $13740.00 | $15481.77 | xxxxxx | 6.939% | $3086.30 | $3086.30 | 6.625% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $3808.47 | 1 | xxxxxx | $1537.08 |  |  |  |  |  | 49.702% | 49.702% | 49.702% | 05/17/2022 | 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13740.00 | xxxxxx | 5.170% | $0.00 | 1.2 |  |  |  | N/A | No | 6.625% | 0 | 2 | 0 | 0 | 2 | 0 |  |  | 15.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $297824.12 | 41.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772743 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3935.31 | $3935.31 | 8.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 4 | xxxxxx | $3949.92 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/14/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.95 | 1.06 |  |  |  |  |  |  | 240 | xxxxxx | $96791.64 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776144 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2829.62 | $2829.62 | 7.125% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1595.88 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/05/2022 | 647 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 4.3 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.47 | 2.15 |  |  |  |  |  |  |  | xxxxxx | $400240.72 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774795 | xxxxxx | Non QM | xxxxxx | Yes | No | $31525.00 | $33515.59 | xxxxxx | 7.335% | $4795.58 | $4795.58 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18663.28 | 1 | xxxxxx | $6885.00 |  |  |  |  |  | 29.223% | 29.223% | 29.223% | 05/03/2022 | 800 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2015 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $31525.00 | xxxxxx | 5.370% | $0.00 | 4 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $362732.31 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774492 | xxxxxx | Non QM | xxxxxx | Yes | No | $7457.50 | $9908.89 | xxxxxx | 6.272% | $3467.89 | $3467.89 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9316.39 | 1 | xxxxxx | $776.16 | xxxxxx | xxxxxx | $275.00 |  | Monthly | 34.699% | 39.253% | 34.699% | 07/06/2022 | 800 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7457.50 | xxxxxx | 5.230% | $1800.00 | 1 |  |  |  | N/A | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $164061.63 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774498 | xxxxxx | Non QM | xxxxxx | Yes | No | $13130.20 | $14168.20 | xxxxxx | 8.736% | $2426.60 | $2426.60 | 8.250% | No | Yes | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6460.38 | 1 | xxxxxx | $2145.60 |  |  |  |  |  | 41.347% | 41.347% | 41.347% | 07/27/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Other - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; Transcripts (1040) - 2021<br> [Coborrower]; Transcripts (1040) - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13130.20 | xxxxxx | 5.370% | $7000.00 | 1 |  |  |  | Yes | No | 8.250% | 0 | 0 | 0 | 0 | 1 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $104755.06 | 28.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773435 | xxxxxx | Non QM | xxxxxx | Yes | No | $18682.33 | $20926.33 | xxxxxx | 8.004% | $4171.74 | $4171.74 | 7.625% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6337.06 | 1 | xxxxxx | $1130.16 |  |  |  |  |  | 48.762% | 48.762% | 48.762% | 06/13/2022 | 659 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $18682.33 | xxxxxx | 5.860% | $0.00 | 1.5 |  |  |  | Yes | No | 7.625% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $237892.64 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774540 | xxxxxx | N/A | xxxxxx | Yes | No | $4425.00 | $5551.65 | xxxxxx | 8.425% | $2404.05 | $2404.05 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $80442.92 | 2 | xxxxxx | $2518.80 |  |  |  |  |  | 15.577% | 15.577% | 15.577% | 05/23/2022 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $4425.00 | xxxxxx | 5.370% | $0.00 |  |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $20000.00 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775503 | xxxxxx | Non QM | xxxxxx | Yes | No | $11275.00 | $20236.59 | xxxxxx | 7.700% | $5582.53 | $5582.53 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8021.87 | 1 | xxxxxx | $1326.00 |  |  |  |  |  | 50.719% | 50.719% | 50.719% | 07/15/2022 | 792 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11275.00 | xxxxxx | 5.580% | $0.00 | 1.1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 2 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $285260.86 | 29.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775387 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2925.65 | $2925.65 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $0.00 | xxxxxx |  | $480.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/01/2022 | 791 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.16 | 0.86 |  |  |  |  |  |  |  | xxxxxx | $15656.78 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776168 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1312.52 | $1312.52 | 8.625% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $3228.96 | xxxxxx |  | $250.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/10/2022 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.27 | 0.79 |  |  |  |  |  |  |  | xxxxxx | $250574.49 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771573 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1639.66 | $1639.66 | 7.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 4 | xxxxxx | $2077.56 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/15/2022 | 695 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.29 | 0.78 |  |  |  |  |  |  |  | xxxxxx | $41161.43 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774490 | xxxxxx | Non QM | xxxxxx | Yes | No | $2845.00 | $5845.50 | xxxxxx | 6.375% | $4236.15 | $4236.15 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14824.93 | 1 | xxxxxx | $528.96 | xxxxxx | xxxxxx | $777.00 |  | Monthly | 41.089% | 44.136% | 41.089% | 06/21/2022 | 754 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $2845.00 | xxxxxx | 5.230% | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $2788.58 | 0.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773532 | xxxxxx | Non QM | xxxxxx | Yes | No | $8385.00 | $12481.76 | xxxxxx | 8.132% | $4618.33 | $4618.33 | 7.990% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $25657.71 | 1 | xxxxxx | $1691.04 |  |  |  |  |  | 28.413% | 28.413% | 28.413% | 06/16/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8385.00 | xxxxxx | 5.370% | $0.00 | 4.4 |  |  |  | Yes | No | 7.990% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $48133.00 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772958 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2169.37 | $2169.37 | 7.125% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2226.72 | xxxxxx |  | $192.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/15/2022 | 758 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.59 | 0.63 |  |  |  |  |  |  |  | xxxxxx | $305335.08 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776279 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $818.57 | $818.57 | 7.125% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1165.68 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/03/2022 | 799 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $44608.17 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774747 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3281.25 | $3281.25 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3298.68 | xxxxxx |  | $225.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/06/2022 | 736 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.5 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.44 | 0.69 |  |  |  |  |  |  | 360 | xxxxxx | $388876.88 | 62.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774817 | xxxxxx | Non QM | xxxxxx | Yes | No | $6247.50 | $7128.05 | xxxxxx | 8.869% | $4914.91 | $4914.91 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7487.24 | 1 | xxxxxx | $1458.96 |  |  |  |  |  | 43.689% | 43.689% | 43.689% | 07/11/2022 | 742 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6247.50 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $50391.51 | 7.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775154 | xxxxxx | Non QM | xxxxxx | Yes | No | $7998.48 | $8152.73 | xxxxxx | 8.299% | $3742.19 | $3742.19 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $12350.09 | 1 | xxxxxx | $2843.04 | xxxxxx |  | $400.00 |  | Annually | 39.776% | 39.776% | 39.776% | 05/18/2022 | 644 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 30.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; Account Transcripts - 2016 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7998.48 | xxxxxx | 5.580% | $0.00 | 1.6 |  |  |  | Yes | No | 8.125% | 0 |  | 0 | 0 | 0 | 1 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $147030.63 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775883 | xxxxxx | Non QM | xxxxxx | Yes | No | $5668.75 | $8408.48 | xxxxxx | 6.607% | $2411.49 | $2411.49 | 7.250% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $6522.18 | 1 | xxxxxx | $335.16 | xxxxxx | xxxxxx | $360.00 |  | Monthly | 34.318% | 38.806% | 34.318% | 06/15/2022 | 741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5668.75 | xxxxxx | 5.330% | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $138979.56 | 28.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775139 | xxxxxx | Non QM | xxxxxx | Yes | No | $69005.00 | $85317.38 | xxxxxx | 7.207% | $22118.92 | $22118.92 | 6.990% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $261648.23 | 1 | xxxxxx | $4500.00 | xxxxxx | xxxxxx | $2604.00 |  | Monthly | 11.155% | 11.155% | 11.155% | 04/21/2022 | 750 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $69005.00 | xxxxxx | 5.380% | $0.00 | 2.1 |  |  |  | N/A | No | 6.990% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $416000.00 | 10.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775665 | xxxxxx | Non QM | xxxxxx | Yes | No | $16041.00 | $24232.33 | xxxxxx | 8.048% | $5215.48 | $5215.48 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8483.03 | 1 | xxxxxx | $876.96 |  |  |  |  |  | 42.467% | 42.467% | 42.467% | 07/05/2022 | 730 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16041.00 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $81030.50 | 9.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775307 | xxxxxx | Non QM | xxxxxx | Yes | No | $5570.00 | $6723.00 | xxxxxx | 8.001% | $2063.27 | $2063.27 | 7.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5474.89 | 1 | xxxxxx | $315.12 | xxxxxx |  | $525.00 |  | Monthly | 43.006% | 43.006% | 43.006% | 07/19/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5570.00 | xxxxxx | 5.580% | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $36127.22 | 10.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 770169 | xxxxxx | Non QM | xxxxxx | Yes | No | $9510.24 | $11127.11 | xxxxxx | 7.896% | $1399.54 | $1399.54 | 7.375% | No | No | Not Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $5738.04 | 1 | xxxxxx | $2478.00 |  |  |  |  |  | 27.689% | 27.689% | 27.689% | 07/11/2022 | 671 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - VA Service Related Disability]; VA Verification of Benefits - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021 |  | Other | Chapter 13 | xxxxxx |  | 1 |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 1 | No | xxxxxx | Verus | $9510.24 | xxxxxx | 5.170% | $0.00 | 1 |  |  |  | Yes | No | 7.375% | 0 | 1 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $46473.94 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775577 | xxxxxx | Non QM | xxxxxx | Yes | No | $16750.00 | $19959.85 | xxxxxx | 10.161% | $4089.58 | $4089.58 | 9.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $106251.77 | 1 | xxxxxx | $1127.88 |  |  |  |  |  | 9.528% | 9.528% | 9.528% | 07/21/2022 | 677 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16750.00 | xxxxxx | 5.610% | $0.00 | 1.8 |  |  |  | Yes | No | 9.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $225328.35 | 40.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775290 | xxxxxx | Non QM | xxxxxx | Yes | No | $21856.88 | $23729.78 | xxxxxx | 8.345% | $5294.58 | $5294.58 | 7.990% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8718.83 | 1 | xxxxxx | $1419.24 |  |  |  |  |  | 44.466% | 44.466% | 44.466% | 06/08/2022 | 769 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $21856.88 | xxxxxx | 5.580% | $0.00 |  |  |  |  | Yes | No | 7.990% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $109285.71 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774816 | xxxxxx | Non QM | xxxxxx | Yes | No | $5442.80 | $6274.56 | xxxxxx | 7.974% | $1344.81 | $1344.81 | 7.625% | No | No | Not Employed | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  | $3313.85 | 1 | xxxxxx | $509.04 | xxxxxx |  | $89.00 |  | Monthly | 37.483% | 37.483% | 37.483% | 07/14/2022 | 786 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Asset Depletion]; Verification of Deposit - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5442.80 | xxxxxx | 5.610% | $0.00 | 3.5 |  |  |  | Yes | No | 7.625% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $656014.17 | 168.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775920 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1670.86 | $1670.86 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $594.96 | xxxxxx |  | $702.00 |  | Annually | 0.000% | 0.000% | 0.000% | 06/28/2022 | 732 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.92 | 1.09 |  |  |  |  |  |  |  | xxxxxx | $70465.46 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775142 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1968.75 | $1968.75 | 7.875% | No | No |  |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  |  |  | 1 | xxxxxx | $510.96 | xxxxxx |  | $360.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/26/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.17 | 0.86 |  |  |  |  |  |  | 360 | xxxxxx | $77176.29 | 18.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775929 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1844.60 | $1844.60 | 7.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 3 | xxxxxx | $1805.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/14/2022 | 745 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | No | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.19 | 0.84 |  |  |  |  |  |  |  | xxxxxx | $256223.69 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772971 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4335.73 | $4335.73 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $6407.64 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/07/2022 | 781 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $292422.86 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773220 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1415.59 | $1415.59 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $959.04 | xxxxxx |  | $55.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/14/2022 | 660 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.7 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $182732.06 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775153 | xxxxxx | Non QM | xxxxxx | Yes | No | $63745.00 | $87295.50 | xxxxxx | 7.719% | $18750.00 | $24167.80 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $45140.33 | 1 | xxxxxx | $9385.44 | xxxxxx |  | $525.00 |  | Monthly | 40.155% | 32.973% | 40.155% | 07/05/2022 | 736 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $63745.00 | xxxxxx | 5.580% | $0.00 | 1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 18.47 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $1332675.08 | 32.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771661 | xxxxxx | N/A | xxxxxx | Yes | No | $9246.25 | $10552.93 |  | 7.279% | $1609.48 | $1609.48 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7707.79 | 1 | xxxxxx | $633.12 | xxxxxx |  | $27.00 |  | Monthly | 15.536% | 15.536% | 15.536% | 05/12/2022 | 791 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9246.25 |  | 5.160% | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $233140.19 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774504 | xxxxxx | Non QM | xxxxxx | Yes | No | $23751.45 | $27729.09 | xxxxxx | 8.417% | $5478.28 | $6830.72 | 8.125% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $9525.38 | 1 | xxxxxx | $1468.32 | xxxxxx |  | $1800.00 |  | Annually | 47.143% | 39.638% | 47.143% | 06/20/2022 | 805 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Other - 2021<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; W-2 - 2021 | [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 1040 - 2021<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; Transcripts (1040) - 2021<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 1084 or income worksheet - Year Not Available | 1 Year Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $23751.45 | xxxxxx | 5.370% | $0.00 | 3 |  |  |  | N/A | No | 8.125% | 1 | 0 | 1 | 0 | 0 | 1 |  |  | 18.57 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $231057.74 | 26.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774791 | xxxxxx | Non QM | xxxxxx | Yes | No | $8475.00 | $11777.00 | xxxxxx | 8.138% | $2775.93 | $2775.93 | 7.875% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5966.62 | 1 | xxxxxx | $1370.16 |  |  |  |  |  | 40.773% | 40.773% | 40.773% | 07/11/2022 | 708 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; 1099 Transcript - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Other - 2005<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Asset Depletion | Chapter 7 |  | xxxxxx | 1 | 85.08 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8475.00 | xxxxxx | 5.610% | $8425.00 | 1 |  |  |  | Yes | No | 7.875% | 0 |  | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $705329.20 | 120.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775654 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1588.96 | $1588.96 | 7.500% | No | No |  |  |  |  | 0 |  |  |  | Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $690.96 | xxxxxx |  | $227.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/13/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.6 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $75479.85 | 25.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776391 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $963.88 | $963.88 | 6.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1203.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 04/19/2022 | 790 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.55 | 0.65 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776452 | xxxxxx | Non QM | xxxxxx | Yes | No | $6985.00 | $10151.94 | xxxxxx | 7.901% | $1748.04 | $1748.04 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3568.21 | 1 | xxxxxx | $507.00 | xxxxxx |  | $195.00 |  | Monthly | 44.895% | 44.895% | 44.895% | 07/06/2022 | 807 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; WVOE - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $6985.00 | xxxxxx | 5.370% | $1000.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $224296.67 | 50.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776444 | xxxxxx | N/A | xxxxxx | Yes | No | $17087.00 | $24017.41 | xxxxxx | 7.903% | $4139.35 | $4139.35 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7618.38 | 1 | xxxxxx | $833.04 |  |  |  |  |  | 38.175% | 38.175% | 38.175% | 07/06/2022 | 760 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $17087.00 | xxxxxx | 5.780% | $0.00 | 2.7 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $218109.51 | 29.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776442 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1999.06 | $1999.06 | 8.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1007.04 | xxxxxx |  | $1440.00 |  | Annually | 0.000% | 0.000% | 0.000% | 06/07/2022 | 661 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.77 | 1.3 |  |  |  |  |  |  |  | xxxxxx | $265555.89 | 79.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774922 | xxxxxx | Non QM | xxxxxx | Yes | No | $13585.00 | $18723.57 | xxxxxx | 7.653% | $4320.45 | $4320.45 | 7.400% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $11490.66 | 1 | xxxxxx | $2355.00 |  |  |  |  |  | 33.866% | 33.866% | 33.866% | 06/22/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; 1065 - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; Business License - 2021<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Partnership (>= 25%)]; K-1 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Coborrower]; Transcripts (1040) - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018<br> [Coborrower]; 1084 or income worksheet - Year Not Available | 1 Year Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13585.00 | xxxxxx | 5.370% | $0.00 | 2.6 |  |  |  | No | No | 7.400% | 0 | 0 | 1 | 0 | 4 | 1 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $231428.93 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775772 | xxxxxx | Non QM | xxxxxx | Yes | No | $13580.00 | $14727.50 | xxxxxx | 8.781% | $4459.70 | $4459.70 | 8.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9504.59 | 1 | xxxxxx | $1920.00 |  |  |  |  |  | 49.266% | 49.266% | 49.266% | 05/06/2022 | 673 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1040 - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; Transcripts (1040) - 2019<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13580.00 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | Yes | No | 8.500% | 2 |  | 2 | 0 | 3 | 3 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $237577.79 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771929 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1708.02 | $1708.02 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $681.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/06/2022 | 699 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.06 | 0.94 |  |  |  |  |  |  |  | xxxxxx | $52097.15 | 16.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773277 | xxxxxx | N/A | xxxxxx | Yes | No | $10346.87 | $12860.50 | xxxxxx | 7.829% | $2687.08 | $2687.08 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11213.79 | 1 | xxxxxx | $1202.04 |  |  |  |  |  | 43.137% | 43.137% | 43.137% | 07/12/2022 | 714 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10346.87 | xxxxxx | 5.860% | $0.00 | 1.3 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $76572.64 | 14.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774917 | xxxxxx | Non QM | xxxxxx | Yes | No | $22655.00 | $33194.46 | xxxxxx | 6.763% | $10047.92 | $13703.70 | 6.625% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $21517.78 | 1 | xxxxxx | $3864.00 |  |  |  |  |  | 49.578% | 41.012% | 49.578% | 05/17/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $22655.00 | xxxxxx | 5.160% | $15860.00 | 4 |  |  |  | N/A | No | 6.625% | 2 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $477310.86 | 21.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774748 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1878.33 | $1878.33 | 7.000% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1937.76 | xxxxxx |  | $200.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/27/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.3 |  |  |  | Yes | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  | 240 | xxxxxx | $74908.79 | 16.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775635 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3481.15 | $3481.15 | 8.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1985.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/07/2022 | 701 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.5 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.62 | 0.62 |  |  |  |  |  |  |  | xxxxxx | $104493.91 | 18.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774951 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4436.49 | $4436.49 | 10.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 5 | xxxxxx | $5285.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/24/2022 | 660 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 10.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.18 | 0.85 |  |  |  |  |  |  |  | xxxxxx | $166063.73 | 24.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771817 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4197.92 | $4197.92 | 7.750% | No | No |  |  |  |  | 0 | 0 |  |  |  |  |  |  |  |  |  | 3 | xxxxxx | $3600.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/31/2022 | 754 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $871087.07 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775777 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1389.69 | $1389.69 | 7.500% | No | No |  |  |  |  | 0 | 0 |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  | 1 | xxxxxx | $768.96 | xxxxxx |  | $2780.00 |  | Annually | 0.000% | 0.000% | 0.000% | 05/13/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.4 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $25944.95 | 10.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776461 | xxxxxx | Non QM | xxxxxx | Yes | No | $10317.28 | $14963.44 | xxxxxx | 7.134% | $3169.68 | $3169.68 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5311.71 | 1 | xxxxxx | $557.04 | xxxxxx |  | $245.00 |  | Monthly | 45.352% | 45.352% | 45.352% | 06/06/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10317.28 | xxxxxx | 5.880% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $555125.30 | 77.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774946 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1093.19 | $1093.19 | 7.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $479.04 | xxxxxx |  | $680.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 05/21/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.27 | 0.79 |  |  |  |  |  |  |  | xxxxxx | $23029.65 | 10.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776188 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2123.39 | $2123.39 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $4266.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/27/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.9 |  |  |  | Yes | No | 7.625% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.06 | 0.94 |  |  |  |  |  |  |  | xxxxxx | $844004.27 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775589 | xxxxxx | Non QM | xxxxxx | Yes | No | $7676.00 | $9350.84 | xxxxxx | 8.850% | $1489.74 | $1489.74 | 8.375% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $4028.36 | 1 | xxxxxx | $867.96 |  |  |  |  |  | 35.715% | 35.715% | 35.715% | 07/21/2022 | 754 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $7676.00 | xxxxxx | 5.370% | $0.00 | 2.6 |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $73631.72 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773979 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1517.36 | $1517.36 | 7.750% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2260.80 | xxxxxx |  | $660.00 |  | Annually | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.97 | 1.03 |  |  |  |  |  |  |  | xxxxxx | $241285.66 | 68.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772161 | xxxxxx | N/A | xxxxxx | Yes | No | $19654.00 | $14519.43 | xxxxxx | 8.046% | $1817.96 | $1817.96 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $36356.13 | 1 | xxxxxx | $2396.04 |  |  |  |  |  | 19.271% | 19.271% | 19.271% | 07/15/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19654.00 | xxxxxx | 5.160% | $0.00 | 1 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $32500.00 | 10.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774168 | xxxxxx | Non QM | xxxxxx | Yes | No | $7345.00 | $10306.44 | xxxxxx | 10.980% | $2058.16 | $2058.16 | 10.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5260.60 | 1 | xxxxxx | $1200.00 |  |  |  |  |  | 42.987% | 42.987% | 42.987% | 07/08/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 99.990% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.99% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.99% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7345.00 | xxxxxx | 5.370% | $4000.00 | 2.2 |  |  |  | Yes | No | 10.500% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $40187.94 | 16.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773836 | xxxxxx | Non QM | xxxxxx | Yes | No | $1495.00 | $5742.53 | xxxxxx | 7.399% | $5801.68 | $5801.68 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $73917.21 | 1 | xxxxxx | $3627.84 | xxxxxx | xxxxxx | $650.00 | 01/01/2023 | Annually | 15.664% | 15.664% | 15.664% | 06/17/2022 | 782 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1495.00 | xxxxxx | 5.370% | $0.00 | 1.6 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $431390.05 | 41.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775823 | xxxxxx | Non QM | xxxxxx | Yes | No | $13920.00 | $16561.77 | xxxxxx | 8.078% | $3352.81 | $3352.81 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6338.79 | 1 | xxxxxx | $963.60 |  |  |  |  |  | 40.662% | 40.662% | 40.662% | 07/07/2022 | 786 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13920.00 | xxxxxx | 5.610% | $80000.00 | 2.2 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $106328.97 | 18.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776137 | xxxxxx | Non QM | xxxxxx | Yes | No | $5974.03 | $8144.59 | xxxxxx | 7.973% | $2271.17 | $2271.17 | 7.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3263.27 | 1 | xxxxxx | $4329.00 |  |  |  |  |  | 47.777% | 47.777% | 47.777% | 06/17/2022 | 730 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other | Chapter 7 |  | xxxxxx | 1 | 40.68 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5974.03 | xxxxxx | 5.370% | $20051.00 | 1.5 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $83108.45 | 21.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775936 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2227.97 | $2227.97 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1806.00 | xxxxxx |  | $286.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/09/2022 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  | 240 | xxxxxx | $346055.55 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775468 | xxxxxx | Non QM | xxxxxx | Yes | No | $60300.00 | $78085.00 | xxxxxx | 8.009% | $26250.00 | $29002.78 | 7.875% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $174483.25 | 1 | xxxxxx | $22074.00 |  |  |  |  |  | 21.241% | 19.998% | 21.241% | 07/07/2022 | 756 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 51.000% | 49.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 51.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 51.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 49.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 49.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $60300.00 | xxxxxx | 5.580% | $0.00 | 1.9 |  |  |  | N/A | No | 7.875% | 0 | 0 | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $6724056.77 | 81.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775627 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1477.60 | $1477.60 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $755.04 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/13/2022 | 761 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.43 | 0.7 |  |  |  |  |  |  |  | xxxxxx | $138237.72 | 50.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775630 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1235.81 | $1235.81 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $177.00 | xxxxxx |  | $1822.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/06/2022 | 665 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.9 |  |  |  | No | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.38 | 0.72 |  |  |  |  |  |  |  | xxxxxx | $111219.85 | 42.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775783 | xxxxxx | Non QM | xxxxxx | Yes | No | $15585.00 | $21137.68 | xxxxxx | 8.786% | $3921.97 | $3921.97 | 8.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17351.96 | 1 | xxxxxx | $798.96 |  |  |  |  |  | 32.655% | 32.655% | 32.655% | 06/30/2022 | 710 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15585.00 | xxxxxx | 5.610% | $125000.00 | 2.3 |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 3 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $60911.43 | 9.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776761 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1227.47 | $1382.80 | 7.310% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3249.60 | xxxxxx |  | $350.00 |  | Annually | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 7.310% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.87 |  |  |  |  |  |  | 360 | xxxxxx | $269922.52 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775816 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2114.87 | $2114.87 | 7.500% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $534.00 | xxxxxx |  | $60.00 |  | Monthly | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.89 | 1.12 |  |  |  |  |  |  |  | xxxxxx | $364312.48 | 84.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 771750 | xxxxxx | Non QM | xxxxxx | Yes | No | $4413.40 | $7745.49 | xxxxxx | 7.472% | $4116.43 | $4116.43 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $27011.61 | 1 | xxxxxx | $3294.96 |  |  |  |  |  | 19.097% | 19.097% | 19.097% | 05/18/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4413.40 | xxxxxx | 5.370% | $0.00 | 2.8 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $260942.95 | 35.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775430 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2999.26 | $2999.26 | 8.000% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $4875.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/18/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  |  | xxxxxx | $240715.57 | 44.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775811 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $23000.00 | $23000.00 | 8.000% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $4694.04 | xxxxxx |  | $3243.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/14/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.75 | 1.33 |  |  |  |  |  |  | 240 | xxxxxx | $348412.90 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775424 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4488.32 | $4488.32 | 7.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $969.00 | xxxxxx |  | $598.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/08/2022 | 799 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 4.8 |  |  |  | No | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.35 | 0.74 |  |  |  |  |  |  |  | xxxxxx | $274445.85 | 31.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776571 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6176.04 | $6176.04 | 9.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $2657.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/03/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.75 | 1.33 |  |  |  |  |  |  | 240 | xxxxxx | $33370.02 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775980 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1196.75 | $1196.75 | 8.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1526.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/29/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.3 |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $41526.60 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775043 | xxxxxx | Non QM | xxxxxx | Yes | No | $12076.00 | $16488.03 | xxxxxx | 6.419% | $7535.96 | $7535.96 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $15033.65 | 1 | xxxxxx | $1029.96 | xxxxxx |  | $0.00 |  | Monthly | 42.495% | 47.538% | 42.495% | 07/07/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12076.00 | xxxxxx | 5.080% | $0.00 | 3.2 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $173364.18 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776192 | xxxxxx | Non QM | xxxxxx | Yes | No | $35290.00 | $42381.04 | xxxxxx | 8.740% | $12917.75 | $12917.75 | 8.500% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $26464.46 | 1 | xxxxxx | $6638.04 |  |  |  |  |  | 40.430% | 40.430% | 40.430% | 07/19/2022 | 678 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $35290.00 | xxxxxx | 5.060% | $0.00 | 5 |  |  |  | No | No | 8.500% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $4441383.60 | 211.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775731 | xxxxxx | Non QM | xxxxxx | Yes | No | $12809.00 | $14109.97 | xxxxxx | 7.598% | $2592.27 | $2592.27 | 7.250% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3852.63 | 2 | xxxxxx | $888.96 |  |  |  |  |  | 43.344% | 43.344% | 43.344% | 07/15/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12809.00 | xxxxxx | 5.370% | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $151927.40 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775405 | xxxxxx | Non QM | xxxxxx | Yes | No | $2145.00 | $24518.35 | xxxxxx | 6.512% | $7362.41 | $7362.41 | 8.250% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $20471.55 | 1 | xxxxxx | $1287.96 | xxxxxx | xxxxxx | $260.00 |  | Monthly | 31.120% | 35.454% | 31.120% | 07/07/2022 | 760 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $2145.00 | xxxxxx | 5.290% | $0.00 | 1 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $31266.91 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772555 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1645.82 | $1645.82 | 6.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | xxxxxx | $4851.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 03/30/2022 | 680 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  |  | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.22 | 0.45 |  |  |  |  |  |  |  | xxxxxx | $50732.58 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775390 | xxxxxx | Non QM | xxxxxx | Yes | No | $1495.00 | $2333.65 | xxxxxx | 9.764% | $1274.99 | $1274.99 | 9.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10082.36 | 1 | xxxxxx | $702.96 |  |  |  |  |  | 13.439% | 13.439% | 13.439% | 06/14/2022 | 693 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Personal | 100.000% | 20.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 20.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 20.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 20.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1495.00 | xxxxxx | 5.060% | $11250.00 | 1 |  |  |  | No | No | 9.625% | 0 |  | 0 | 0 | 0 | 0 | 12 |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $89752.26 | 48.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775930 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2256.70 | $2256.70 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $2216.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/22/2022 | 669 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.88 | 1.14 |  |  |  |  |  |  |  | xxxxxx | $304659.62 | 68.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776266 | xxxxxx | Non QM | xxxxxx | Yes | No | $1390.00 | $7597.74 | xxxxxx | 9.426% | $8095.00 | $8095.00 | 9.375% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $21361.38 | 1 | xxxxxx | $1835.16 |  |  |  |  |  | 40.059% | 40.059% | 40.059% | 07/14/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Personal | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 0.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1390.00 | xxxxxx | 5.370% | $0.00 | 3.1 |  |  |  | Yes | No | 9.375% | 0 | 0 | 0 | 0 | 0 | 0 | 12 |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $21758.12 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775376 | xxxxxx | Non QM | xxxxxx | Yes | No | $9125.00 | $13289.13 |  | 6.303% | $4716.03 | $4716.03 | 7.125% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7968.58 | 1 | xxxxxx | $813.12 |  |  |  |  |  | 42.417% | 48.758% | 42.417% | 07/19/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9125.00 |  | 5.250% | $0.00 | 1.2 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $331686.85 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775409 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $11521.01 | $11521.01 | 8.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3947.76 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/13/2022 | 735 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $741507.06 | 38.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776971 | xxxxxx | Non QM | xxxxxx | Yes | No | $10665.00 | $12979.38 | xxxxxx | 8.469% | $4177.04 | $4177.04 | 8.250% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $11856.90 | 1 | xxxxxx | $1873.56 |  |  |  |  |  | 36.891% | 36.891% | 36.891% | 07/22/2022 | 699 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $10665.00 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 3 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $8838.54 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776812 | xxxxxx | Non QM | xxxxxx | Yes | No | $13240.00 | $17180.78 | xxxxxx | 8.257% | $8353.09 | $8353.09 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18950.35 | 1 | xxxxxx | $2427.96 |  |  |  |  |  | 44.471% | 44.471% | 44.471% | 07/14/2022 | 710 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13240.00 | xxxxxx | 5.580% | $480000.00 | 1.4 |  |  |  | N/A | No | 8.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 772599 | xxxxxx | N/A | xxxxxx | Yes | No | $12637.60 | $8193.10 | xxxxxx | 8.231% | $1583.55 | $1583.55 | 7.875% | No | No | Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $4295.94 | 1 | xxxxxx | $5132.04 | xxxxxx |  | $805.00 |  | Monthly | 46.701% | 46.701% | 46.701% | 05/31/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12637.60 | xxxxxx | 5.370% | $0.00 | 1.6 |  |  |  | No | No | 7.875% | 2 |  | 0 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $101557.83 | 37.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776500 | xxxxxx | Non QM | xxxxxx | Yes | No | $9897.25 | $11290.72 | xxxxxx | 7.884% | $3008.13 | $3008.13 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10736.36 | 1 | xxxxxx | $2696.28 | xxxxxx |  | $145.00 |  | Monthly | 33.268% | 33.268% | 33.268% | 07/07/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2020<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9897.25 | xxxxxx | 5.060% | $0.00 | 1.5 |  |  |  | No | No | 7.625% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $31169.45 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777314 | xxxxxx | N/A | xxxxxx | Yes | No | $3075.00 | $5439.36 | xxxxxx | 7.605% | $1436.60 | $1436.60 | 7.375% | No | No | Not Employed |  | Self-Employed |  | 1.7 |  |  |  | xxxxxx |  |  |  |  |  | $21387.71 | 1 | xxxxxx | $629.04 | xxxxxx | xxxxxx | $300.00 |  | Monthly | 10.941% | 10.941% | 10.941% | 06/08/2022 | 737 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 5-Stated/Verified as defined |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; 1120S - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - S-Corp (>= 25%)]; K-1 - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3075.00 | xxxxxx | 5.860% | $0.00 | 1.7 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $81721.45 | 31.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774824 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2490.73 | $2490.73 | 7.625% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $3792.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/13/2022 | 760 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $40182.84 | 7.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776908 | xxxxxx | Non QM | xxxxxx | Yes | No | $12691.88 | $14563.87 | xxxxxx | 9.424% | $2926.81 | $2926.81 | 9.000% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $9906.40 | 1 | xxxxxx | $1587.00 |  |  |  |  |  | 32.930% | 32.930% | 32.930% | 07/29/2022 | 627 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Employer Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  | 01/09/2020 | 1 | 31.32 |  |  |  |  |  |  | 2 | 0 | 0 | Yes | xxxxxx | Verus | $12691.88 | xxxxxx | 5.060% | $0.00 | 2.5 |  |  |  | Yes | No | 9.000% | 2 | 2 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $261926.72 | 54.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776386 | xxxxxx | Non QM | xxxxxx | Yes | No | $0.00 | $2272.77 | xxxxxx | 7.264% | $4809.34 | $4809.34 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10759.77 | 3 | xxxxxx | $1740.12 |  |  |  |  |  | 36.041% | 36.041% | 36.041% | 08/04/2022 | 661 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2019 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  | xxxxxx | 5.580% | $0.00 |  |  |  |  | No | No | 7.250% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $88917.71 | 9.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776004 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1407.09 | $1407.09 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $774.00 | xxxxxx |  | $140.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/19/2022 | 729 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.9 |  |  |  | No | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.32 | 0.76 |  |  |  |  |  |  |  | xxxxxx | $690944.92 | 81.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775902 | xxxxxx | Non QM | xxxxxx | Yes | No | $2720.81 | $3679.73 | xxxxxx | 7.512% | $1691.67 | $1691.67 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10756.57 | 1 | xxxxxx | $1056.96 |  |  |  |  |  | 24.203% | 24.203% | 24.203% | 07/25/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2720.81 | xxxxxx | 5.610% | $0.00 |  |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $183599.59 | 52.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776070 | xxxxxx | Non QM | xxxxxx | Yes | No | $19096.25 | $22445.25 | xxxxxx | 8.378% | $5640.10 | $7032.49 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13893.24 | 1 | xxxxxx | $1945.32 |  |  |  |  |  | 43.721% | 38.081% | 43.721% | 07/13/2022 | 683 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19096.25 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | N/A | No | 8.125% | 0 |  | 0 | 0 | 3 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $191016.26 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776994 | xxxxxx | Non QM | xxxxxx | Yes | No | $16621.00 | $18435.74 | xxxxxx | 7.762% | $3309.72 | $3309.72 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $13463.57 | 1 | xxxxxx | $1569.96 |  |  |  |  |  | 26.249% | 26.249% | 26.249% | 07/20/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $16621.00 | xxxxxx | 5.280% | $0.00 | 1 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 2 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5000.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776339 | xxxxxx | Non QM | xxxxxx | Yes | No | $7995.00 | $10139.88 | xxxxxx | 7.665% | $2348.30 | $2348.30 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5307.02 | 1 | xxxxxx | $672.96 | xxxxxx |  | $369.00 |  | Monthly | 41.257% | 41.257% | 41.257% | 07/12/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7995.00 | xxxxxx | 5.280% | $0.00 | 1.6 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 12.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $109661.91 | 27.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775164 | xxxxxx | Non QM | xxxxxx | Yes | No | $6234.20 | $7049.38 | xxxxxx | 7.857% | $1036.01 | $1036.01 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $1365.10 | 1 | xxxxxx | $1028.04 |  |  |  |  |  | 49.668% | 49.668% | 49.668% | 07/20/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; Account Transcripts - 2019<br> [Borrower]; Account Transcripts - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6234.20 | xxxxxx | 5.060% | $0.00 | 2.5 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 3 | 2 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $139620.66 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777286 | xxxxxx | Non QM | xxxxxx | Yes | No | $16349.85 | $17684.13 | xxxxxx | 7.399% | $2927.20 | $2927.20 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $12984.87 | 1 | xxxxxx | $1023.00 | xxxxxx |  | $1200.00 |  | Annually | 23.684% | 23.684% | 23.684% | 04/26/2022 | 717 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 21.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 21.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 21.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 21.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16349.85 | xxxxxx | 5.180% | $2150.00 | 1 |  |  |  | No | No | 7.000% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $158724.70 | 28.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777287 | xxxxxx | Non QM | xxxxxx | Yes | No | $7734.25 | $6570.81 | xxxxxx | 7.454% | $1254.46 | $1254.46 | 7.125% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $1811.08 | 1 | xxxxxx | $1083.00 | xxxxxx |  | $2160.00 |  | Annually | 47.042% | 47.042% | 47.042% | 05/13/2022 | 639 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 1040 - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1040 - 2020<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | 2 Years Tax Returns | Chapter 13 | xxxxxx | xxxxxx | 1 |  | 37.56 |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7734.25 | xxxxxx | 5.350% | $0.00 | 4 |  |  |  | No | No | 7.125% | 2 |  | 2 | 0 | 2 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $117723.97 | 44.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777283 | xxxxxx | Non QM | xxxxxx | Yes | No | $9250.00 | $11118.34 | xxxxxx | 6.058% | $2350.00 | $3404.34 | 5.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14739.87 | 1 | xxxxxx | $649.20 | xxxxxx | xxxxxx | $450.00 | 04/01/2022 | Monthly | 27.598% | 22.420% | 27.598% | 04/20/2022 | 773 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9250.00 | xxxxxx | 5.070% | $0.00 | 1 |  |  |  | No | No | 5.875% | 0 |  | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $149797.18 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777284 | xxxxxx | N/A | xxxxxx | Yes | No | $7356.25 | $8413.83 | xxxxxx | 7.315% | $1241.60 | $1241.60 | 6.875% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $8567.40 | 1 | xxxxxx | $936.36 |  |  |  |  |  | 41.979% | 41.979% | 41.979% | 04/21/2022 | 748 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7356.25 | xxxxxx | 5.350% | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 2 | 2 | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $108984.97 | 46.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777259 | xxxxxx | Non QM | xxxxxx | Yes | No | $37922.63 | $18174.51 | xxxxxx | 6.526% | $5896.19 | $5896.19 | 6.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $62538.67 | 1 | xxxxxx | $3045.00 |  |  |  |  |  | 10.298% | 10.298% | 10.298% | 02/10/2022 | 601 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 2 | 0 | No | xxxxxx | xxxxxx | $37922.63 | xxxxxx | 3.990% | $0.00 | 4.4 |  |  |  | N/A | No | 6.375% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777261 | xxxxxx | Non QM | xxxxxx | Yes | No | $8153.00 | $10146.73 | xxxxxx | 5.649% | $1214.85 | $1214.85 | 5.250% | No | No | Self-Employed | Self-Employed |  |  |  |  | Non-Permanent Resident Alien | Non-Permanent Resident Alien |  |  | xxxxxx | xxxxxx |  |  | $3884.86 | 1 | xxxxxx | $934.44 | xxxxxx | xxxxxx | $1230.99 |  | Monthly | 49.576% | 49.576% | 49.576% | 02/28/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - No Results Returned - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - 2020<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - 2019<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Third Party Verification - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - No Results Returned - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; W-2 Transcript - No Results Returned - 2019<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $8153.00 | xxxxxx | 3.960% | $55000.00 | 2.6 |  |  |  | Yes | No | 5.250% | 2 | 1 | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $64796.49 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777266 | xxxxxx | Non QM | xxxxxx | Yes | No | $5275.00 | $6094.22 | xxxxxx | 7.101% | $1675.17 | $1675.17 | 6.875% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3892.61 | 1 | xxxxxx | $536.04 | xxxxxx |  | $284.00 |  | Monthly | 40.187% | 40.187% | 40.187% | 03/22/2022 | 692 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Other - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5275.00 | xxxxxx | 5.180% | $0.00 | 1.5 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  | 120 |  |  |  |  | xxxxxx | $1033753.65 | 211.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777256 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $960.52 | $960.52 | 6.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $2312.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 12/09/2021 | 684 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | No | No | 6.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.51 | 0.66 |  |  |  |  |  |  |  | xxxxxx | $218931.84 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777258 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3628.61 | $3628.61 | 5.375% | No | No |  |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  |  | 2 | xxxxxx | $2412.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 12/13/2021 | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 5.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.11 | 0.9 |  |  |  |  |  |  |  | xxxxxx | $251064.14 | 31.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776507 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1900.38 | $1900.38 | 9.250% | No | No |  |  |  |  | 0 | 0 |  |  |  | xxxxxx |  |  |  |  |  | 3 | xxxxxx | $2175.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/08/2022 | 664 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.58 | 0.63 |  |  |  |  |  |  |  | xxxxxx | $46210.61 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773784 | xxxxxx | Non QM | xxxxxx | Yes | No | $10240.03 | $11966.13 | xxxxxx | 6.968% | $3367.53 | $3367.53 | 6.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17680.69 | 1 | xxxxxx | $4620.24 |  |  |  |  |  | 29.277% | 29.277% | 29.277% | 06/16/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 47.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 47.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 47.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10240.03 | xxxxxx | 5.200% | $0.00 | 1 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $156219.62 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776862 | xxxxxx | Non QM | xxxxxx | Yes | No | $7119.38 | $9753.76 | xxxxxx | 7.504% | $1297.34 | $1297.34 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $1697.32 | 1 | xxxxxx | $1055.04 |  |  |  |  |  | 48.628% | 48.628% | 48.628% | 07/13/2022 | 802 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  | Borrower Prepared | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Borrower-prepared P&L - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Borrower-prepared P&L - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7119.38 | xxxxxx | 5.280% | $0.00 | 1.4 |  |  |  | Yes | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 18.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $84529.94 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776874 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2300.33 | $2300.33 | 7.625% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $2247.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/18/2022 | 718 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.45 | 0.69 |  |  |  |  |  |  |  | xxxxxx | $303859.89 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776466 | xxxxxx | N/A | xxxxxx | Yes | No | $4245.00 | $5652.90 |  | 9.355% | $1125.00 | $1206.93 | 9.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6551.12 | 1 | xxxxxx | $948.00 | xxxxxx |  | $40.00 |  | Monthly | 42.969% | 42.256% | 42.969% | 07/21/2022 | 697 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 10.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4245.00 |  | 5.060% | $0.00 |  |  |  |  | Yes | No | 9.000% | 0 |  | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $246927.56 | 116.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775384 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4175.20 | $4175.20 | 8.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1398.24 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/12/2022 | 718 | 701 | 718 | 740 | 732 | 766 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.69 | 1.45 |  |  |  |  |  |  |  | xxxxxx | $228271.87 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776542 | xxxxxx | Non QM | xxxxxx | Yes | No | $13135.00 | $14501.76 | xxxxxx | 9.418% | $4495.32 | $4495.32 | 9.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11387.24 | 1 | xxxxxx | $1656.96 | xxxxxx |  | $900.00 |  | Annually | 37.112% | 37.112% | 37.112% | 08/10/2022 | 685 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $13135.00 | xxxxxx | 5.060% | $0.00 | 1.3 |  |  |  | Yes | No | 9.125% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $96590.29 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777107 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3606.08 | $3606.08 | 8.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1994.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/22/2022 | 808 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.15 | 0.87 |  |  |  |  |  |  |  | xxxxxx | $218568.40 | 34.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775433 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4921.42 | $4921.42 | 9.125% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1577.76 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/13/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | No | No | 9.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.6 | 1.68 |  |  |  |  |  |  | 240 | xxxxxx | $463107.93 | 49.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775884 | xxxxxx | Non QM | xxxxxx | Yes | No | $16440.00 | $16665.00 | xxxxxx | 7.819% | $3775.76 | $3775.76 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $25018.42 | 1 | xxxxxx | $1515.96 |  |  |  |  |  | 16.067% | 16.067% | 16.067% | 07/23/2022 | 668 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2017 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16440.00 | xxxxxx | 5.060% | $0.00 | 4.3 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $125373.92 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777139 | xxxxxx | Non QM | xxxxxx | Yes | No | $14037.50 | $15960.08 | xxxxxx | 8.027% | $7359.45 | $7359.45 | 7.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $48874.46 | 1 | xxxxxx | $8685.60 | xxxxxx |  | $725.00 |  | Annually | 30.965% | 30.965% | 30.965% | 08/11/2022 | 656 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $14037.50 | xxxxxx | 5.280% | $0.00 | 2.3 |  |  |  | Yes | No | 7.875% | 0 |  | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $444133.88 | 31.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776928 | xxxxxx | Non QM | xxxxxx | Yes | No | $12040.00 | $14142.21 | xxxxxx | 7.697% | $2859.49 | $2859.49 | 7.625% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5206.70 | 1 | xxxxxx | $1101.00 | xxxxxx | xxxxxx | $285.00 | 08/01/2022 | Monthly | 46.883% | 46.883% | 46.883% | 08/10/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12040.00 | xxxxxx | 5.220% | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $497161.75 | 98.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774041 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1793.77 | $1793.77 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1632.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/02/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.4 | 0.71 |  |  |  |  |  |  |  | xxxxxx | $405146.18 | 69.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776186 | xxxxxx | Non QM | xxxxxx | Yes | No | $23464.58 | $24208.15 | xxxxxx | 9.198% | $4808.71 | $4808.71 | 8.750% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $23426.62 | 1 | xxxxxx | $1805.04 |  |  |  |  |  | 20.557% | 20.557% | 20.557% | 08/02/2022 | 673 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $23464.58 | xxxxxx | 5.370% | $0.00 | 2.8 |  |  |  | Yes | No | 8.750% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $87274.76 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776385 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2166.40 | $2166.40 | 7.999% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $453.96 | xxxxxx |  | $302.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/04/2022 | 757 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.3 |  |  |  | No | No | 7.999% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.92 | 1.08 |  |  |  |  |  |  | 360 | xxxxxx | $310143.48 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776291 | xxxxxx | N/A | xxxxxx | Yes | No | $6701.00 | $7477.71 | xxxxxx | 9.772% | $1763.31 | $1763.31 | 9.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8447.44 | 2 | xxxxxx | $501.00 |  |  |  |  |  | 39.927% | 39.927% | 39.927% | 07/14/2022 | 689 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6701.00 | xxxxxx | 5.580% | $0.00 |  |  |  |  | No | No | 9.375% | 0 |  | 0 | 0 | 2 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777110 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2393.75 | $2393.75 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1101.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/14/2022 | 678 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $112821.15 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775423 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1519.49 | $1519.49 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1257.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/06/2022 | 684 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.1 |  |  |  | Yes | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $11584.88 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776139 | xxxxxx | Non QM | xxxxxx | Yes | No | $11995.00 | $16928.00 | xxxxxx | 7.898% | $6975.00 | $8866.24 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $20008.93 | 1 | xxxxxx | $1882.92 |  |  |  |  |  | 37.011% | 31.057% | 37.011% | 07/27/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Audited | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11995.00 | xxxxxx | 5.370% | $8500.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $40500.00 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774736 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4044.88 | $4044.88 | 8.000% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2490.84 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/12/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | No | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.7 | 1.42 |  |  |  |  |  |  |  | xxxxxx | $30050.88 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776912 | xxxxxx | Non QM | xxxxxx | Yes | No | $6540.00 | $7378.92 | xxxxxx | 9.420% | $1621.31 | $1621.31 | 9.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3555.05 | 1 | xxxxxx | $1076.04 |  |  |  |  |  | 34.662% | 34.662% | 34.662% | 07/19/2022 | 642 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | 0 | 0 | No | xxxxxx | Verus | $6540.00 | xxxxxx | 5.280% | $0.00 | 1 |  |  |  | Yes | No | 9.000% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $96140.59 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777592 | xxxxxx | Non QM | xxxxxx | Yes | No | $12012.50 | $14237.81 | xxxxxx | 7.329% | $4379.17 | $4379.17 | 7.125% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $8139.85 | 1 | xxxxxx | $3078.96 |  |  |  |  |  | 44.326% | 44.326% | 44.326% | 07/27/2022 | 665 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 53.000% |  | 100.000% |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Borrower-prepared P&L - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Borrower-prepared P&L - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2016 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12012.50 | xxxxxx | 5.060% | $0.00 | 2.5 |  |  |  | Yes | No | 7.125% | 2 | 0 | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $359812.94 | 42.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777113 | xxxxxx | Non QM | xxxxxx | Yes | No | $13998.13 | $5940.69 | xxxxxx | 7.688% | $2239.23 | $2239.23 | 7.500% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7196.80 | 1 | xxxxxx | $1686.00 | xxxxxx |  | $254.00 |  | Annually | 32.354% | 32.354% | 32.354% | 07/22/2022 | 806 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Pension]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Pension]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Paystubs - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Asset Depletion]; Account Statements - 2022 |  | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13998.13 | xxxxxx | 5.280% | $0.00 | 2.5 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $663884.38 | 155.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777231 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1856.05 | $1856.05 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $765.72 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/09/2022 | 677 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.08 | 0.92 |  |  |  |  |  |  | 240 | xxxxxx | $196233.80 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777612 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $5250.08 | $5250.08 | 8.625% | No | No |  |  |  |  | 0 |  |  |  | Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $8690.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.59 | 1.69 |  |  |  |  |  |  |  | xxxxxx | $1548967.76 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775998 | xxxxxx | Non QM | xxxxxx | Yes | No | $9717.00 | $2614.31 | xxxxxx | 9.196% | $3264.71 | $3264.71 | 9.125% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $32805.77 | 1 | xxxxxx | $3405.24 | xxxxxx | xxxxxx | $1304.00 |  | Monthly | 34.390% | 34.390% | 34.390% | 07/25/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9717.00 | xxxxxx | 5.610% | $0.00 | 1 |  |  |  | No | No | 9.125% | 2 | 2 | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $451012.75 | 84.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776922 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $9242.99 | $9242.99 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3624.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/08/2022 | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.1 | 0.91 |  |  |  |  |  |  |  | xxxxxx | $2404525.41 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775634 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2233.21 | $2233.21 | 7.875% | No | No |  |  |  |  | 0 |  | xxxxxx | xxxxxx | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $708.84 | xxxxxx |  | $524.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/21/2022 | 768 | 786 | 773 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.52 | 0.66 |  |  |  |  |  |  |  | xxxxxx | $220500.54 | 50.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775301 | xxxxxx | Non QM | xxxxxx | Yes | No | $36100.00 | $38939.67 |  | 8.000% | $5733.56 | $5733.56 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10056.66 | 1 | xxxxxx | $1685.04 | xxxxxx |  | $375.00 |  | Monthly | 49.717% | 49.717% | 49.717% | 07/18/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $36100.00 |  | 5.060% | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776856 | xxxxxx | Non QM | xxxxxx | Yes | No | $9968.75 | $12037.80 |  | 7.298% | $4699.19 | $4699.19 | 7.125% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7833.38 | 1 | xxxxxx | $1292.16 |  |  |  |  |  | 42.755% | 42.755% | 42.755% | 07/27/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9968.75 |  | 5.200% | $0.00 | 1 |  |  |  | N/A | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $281564.93 | 30.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777126 | xxxxxx | Non QM | xxxxxx | Yes | No | $13325.00 | $15860.96 | xxxxxx | 7.132% | $3711.04 | $3711.04 | 7.250% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6197.14 | 1 | xxxxxx | $627.96 | xxxxxx |  | $0.00 |  | Annually | 42.136% | 42.136% | 42.136% | 08/15/2022 | 801 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13325.00 | xxxxxx | 5.210% | $5000.00 | 1 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $104295.03 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775953 | xxxxxx | N/A | xxxxxx | Yes | No | $80645.00 | $37115.10 | xxxxxx | 7.869% | $7927.29 | $7927.29 | 7.625% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $30820.77 | 1 | xxxxxx | $6410.04 |  |  |  |  |  | 45.265% | 45.265% | 45.265% | 07/28/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 72.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; 4506-C (for Business) - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; 4506-C (for Business) - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; Transcripts (1040) - 2021<br> [Coborrower]; 1040 - 2021<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 1040 - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $80645.00 | xxxxxx | 5.610% | $0.00 | 1.3 |  |  |  | No | No | 7.625% | 0 | 1 | 2 | 0 | 2 | 1 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $308774.66 | 22.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776559 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1884.38 | $1884.38 | 7.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $590.16 | xxxxxx |  | $713.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/22/2022 | 792 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.77 | 1.3 |  |  |  |  |  |  |  | xxxxxx | $350613.39 | 91.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777319 | xxxxxx | Non QM | xxxxxx | Yes | No | $16010.00 | $12264.26 | xxxxxx | 7.377% | $3314.70 | $3314.70 | 7.125% | No | No | Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $5273.42 | 1 | xxxxxx | $557.52 | xxxxxx |  | $307.00 |  | Monthly | 45.865% | 45.865% | 45.865% | 08/10/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16010.00 | xxxxxx | 5.200% | $0.00 | 3.7 |  |  |  | N/A | No | 7.125% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $169159.68 | 27.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776044 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3081.55 | $3081.55 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 2 | xxxxxx | $3800.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/05/2022 | 745 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.38 | 0.72 |  |  |  |  |  |  |  | xxxxxx | $104869.36 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775857 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2182.74 | $2182.74 | 7.999% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $677.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/25/2022 | 747 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 3.5 |  |  |  | Yes | No | 7.999% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.85 | 1.17 |  |  |  |  |  |  |  | xxxxxx | $92899.01 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776332 | xxxxxx | Non QM | xxxxxx | Yes | No | $12315.00 | $12754.05 | xxxxxx | 7.910% | $5917.57 | $5917.57 | 7.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9633.78 | 1 | xxxxxx | $1007.52 | xxxxxx |  | $87.00 |  | Monthly | 42.995% | 42.995% | 42.995% | 08/02/2022 | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12315.00 | xxxxxx | 5.370% | $0.00 | 1.7 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $420345.15 | 36.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777570 | xxxxxx | Non QM | xxxxxx | Yes | No | $9745.22 | $11308.96 | xxxxxx | 5.468% | $1588.54 | $1588.54 | 5.125% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6607.63 | 1 | xxxxxx | $775.92 | xxxxxx |  | $1100.00 |  | Monthly | 45.691% | 45.691% | 45.691% | 03/18/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9745.22 | xxxxxx | 4.790% | $105100.00 | 3.1 | DU |  | ApproveEligible | N/A | No | 5.125% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $127073.97 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777092 | xxxxxx | Non QM | xxxxxx | Yes | No | $12995.00 | $15967.00 | xxxxxx | 7.276% | $3892.02 | $3892.02 | 7.000% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $10686.03 | 1 | xxxxxx | $1720.20 |  |  |  |  |  | 34.419% | 34.419% | 34.419% | 08/04/2022 | 737 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12995.00 | xxxxxx | 5.280% | $7334.69 | 1.8 |  |  |  | N/A | No | 7.000% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777046 | xxxxxx | Non QM | xxxxxx | Yes | No | $15721.63 | $5686.61 | xxxxxx | 9.146% | $3180.27 | $3180.27 | 9.000% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6621.69 | 1 | xxxxxx | $802.92 |  |  |  |  |  | 39.188% | 39.188% | 39.188% | 04/11/2022 | 741 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15721.63 | xxxxxx | 5.860% | $0.00 | 2 |  |  |  | Yes | No | 9.000% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $50101.34 | 11.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777104 | xxxxxx | Non QM | xxxxxx | Yes | No | $11750.00 | $14440.00 | xxxxxx | 7.092% | $7783.18 | $8050.12 | 7.082% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14908.36 | 1 | xxxxxx | $1691.04 |  |  |  |  |  | 43.593% | 48.177% | 43.593% | 07/26/2022 | 802 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $11750.00 | xxxxxx | 5.440% | $0.00 | 1 |  |  |  | N/A | No | 7.082% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $650562.61 | 39.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776746 | xxxxxx | Non QM | xxxxxx | Yes | No | $15980.00 | $17243.10 | xxxxxx | 7.996% | $10470.00 | $10470.00 | 7.875% | No | No | Not Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $23881.19 | 1 | xxxxxx | $4465.20 |  |  |  |  |  | 39.313% | 39.313% | 39.313% | 06/29/2022 | 802 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx\| Primary Income - Asset Depletion]; Account Statements - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15980.00 | xxxxxx | 5.280% | $25000.00 | 3 |  |  |  | Yes | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $3925802.12 | 217.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775279 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1723.61 | $1723.61 | 8.750% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $453.00 | xxxxxx |  | $355.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/22/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | No | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.86 | 1.16 |  |  |  |  |  |  |  | xxxxxx | $105930.21 | 34.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775380 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2952.72 | $2952.72 | 9.375% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $3594.60 | xxxxxx |  | $553.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/12/2022 | 686 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.5 |  |  |  | Yes | No | 9.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.57 | 1.77 |  |  |  |  |  |  |  | xxxxxx | $1500768.07 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775388 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3579.49 | $3579.49 | 8.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $3542.40 | xxxxxx |  | $571.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/12/2022 | 686 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $1490768.07 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777297 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1430.40 | $1430.40 | 7.000% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $692.04 | xxxxxx |  | $21.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/03/2022 | 755 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.5 |  |  |  | Yes | No | 7.000% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.46 | 0.68 |  |  |  |  |  |  |  | xxxxxx | $206026.34 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775463 | xxxxxx | Non QM | xxxxxx | Yes | No | $11822.50 | $15597.92 | xxxxxx | 9.310% | $2407.30 | $2407.30 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5381.45 | 1 | xxxxxx | $971.04 |  |  |  |  |  | 35.180% | 35.180% | 35.180% | 08/10/2022 | 679 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $11822.50 | xxxxxx | 5.060% | $0.00 | 2.9 |  |  |  | N/A | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5000.00 | 1.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775436 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1895.22 | $1895.22 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1635.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/06/2022 | 684 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.2 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.12 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $11584.88 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776980 | xxxxxx | Non QM | xxxxxx | Yes | No | $8599.24 | $9515.70 | xxxxxx | 7.703% | $2072.03 | $2072.03 | 7.375% | No | No | Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $4442.19 | 1 | xxxxxx | $1085.04 |  |  |  |  |  | 48.965% | 48.965% | 48.965% | 06/02/2022 | 646 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Pension]; Account Statements - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Pension]; Award Letter / Continuance Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Pension]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Social Security]; Account Statements - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Social Security]; Award Letter / Continuance Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8599.24 | xxxxxx | 5.280% | $0.00 | 1.4 |  |  |  | Yes | No | 7.375% | 2 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $42113.80 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776516 | xxxxxx | Non QM | xxxxxx | Yes | No | $15484.00 | $19830.55 | xxxxxx | 7.504% | $4415.04 | $4415.04 | 7.250% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $81550.55 | 1 | xxxxxx | $3590.04 | xxxxxx |  | $250.00 |  | Annually | 20.348% | 20.348% | 20.348% | 06/29/2022 | 767 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $15484.00 | xxxxxx | 5.200% | $0.00 | 5 |  |  |  | No | No | 7.250% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $275201.47 | 31.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777724 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1529.78 | $1737.39 | 8.582% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $315.96 | xxxxxx |  | $685.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/09/2022 | 793 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 8.582% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.77 | 1.3 |  |  |  |  |  |  |  | xxxxxx | $86869.04 | 29.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777811 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2486.99 | $2486.99 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 4 | xxxxxx | $2652.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/15/2022 | 693 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.73 | 0.58 |  |  |  |  |  |  |  | xxxxxx | $14299.75 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777781 | xxxxxx | Non QM | xxxxxx | Yes | No | $8635.00 | $9719.53 | xxxxxx | 6.711% | $2800.06 | $2800.06 | 6.500% | No | No | Employed | Employed |  |  |  |  | Non-Permanent Resident Alien | xxxxxx |  |  | xxxxxx |  |  |  | $5864.10 | 1 | xxxxxx | $317.04 | xxxxxx |  | $348.00 |  | Monthly | 38.291% | 38.291% | 38.291% | 06/09/2022 | 774 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $8635.00 | xxxxxx | 5.370% | $0.00 |  |  |  |  | N/A | No | 6.500% | 0 | 2 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $290099.71 | 42.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777780 | xxxxxx | Non QM | xxxxxx | Yes | No | $7140.00 | $11207.23 | xxxxxx | 6.715% | $2604.12 | $2604.12 | 6.500% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $4507.00 | 1 | xxxxxx | $521.04 |  |  |  |  |  | 41.008% | 41.008% | 41.008% | 05/18/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7140.00 | xxxxxx | 5.370% | $0.00 |  |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $272258.45 | 43.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777782 | xxxxxx | Non QM | xxxxxx | Yes | No | $7840.00 | $9518.01 | xxxxxx | 6.716% | $2465.07 | $2465.07 | 6.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5017.58 | 1 | xxxxxx | $1138.32 | xxxxxx | xxxxxx | $262.29 |  | Monthly | 40.267% | 40.267% | 40.267% | 06/21/2022 | 798 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7840.00 | xxxxxx | 5.610% | $0.00 |  |  |  |  | N/A | No | 6.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $266922.80 | 44.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776859 | xxxxxx | N/A | xxxxxx | Yes | No | $5050.00 | $8523.25 | xxxxxx | 8.057% | $2755.26 | $2755.26 | 7.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $216751.11 | 1 | xxxxxx | $2855.64 |  |  |  |  |  | 6.289% | 6.289% | 6.289% | 08/11/2022 | 735 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5050.00 | xxxxxx | 5.280% | $0.00 | 2.6 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $271323.47 | 57.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776598 | xxxxxx | Non QM | xxxxxx | Yes | No | $12753.48 | ($498.64) | xxxxxx | 7.758% | $11734.80 | $11734.80 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $36328.12 | 1 | xxxxxx | $8529.00 | xxxxxx |  | $3250.00 |  | Annually | 38.968% | 38.968% | 38.968% | 08/03/2022 | 691 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2019 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12753.48 | xxxxxx | 5.060% | $0.00 | 3 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $521885.41 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777388 | xxxxxx | Non QM | xxxxxx | Yes | No | $9800.00 | $10232.53 | xxxxxx | 7.506% | $2916.30 | $2916.30 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8032.92 | 1 | xxxxxx | $2216.88 |  |  |  |  |  | 38.929% | 38.929% | 38.929% | 08/08/2022 | 722 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9800.00 | xxxxxx | 5.200% | $0.00 | 1 |  |  |  | Yes | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $145078.27 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777586 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3517.03 | $3517.03 | 7.625% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $5749.68 | xxxxxx |  | $830.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/28/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.2 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  |  | xxxxxx | $652425.69 | 63.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777060 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1615.16 | $1615.16 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $1668.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/27/2022 | 682 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.22 | 0.82 |  |  |  |  |  |  |  | xxxxxx | $4780.97 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777423 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6645.83 | $6645.83 | 7.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $5239.92 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/02/2022 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.17 | 0.86 |  |  |  |  |  |  | 240 | xxxxxx | $501357.67 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776752 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4019.28 | $4019.28 | 8.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $4305.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/18/2022 | 662 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $204956.30 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 774525 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1163.10 | $1163.10 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $642.00 | xxxxxx |  | $155.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/06/2022 | 753 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | No | No | 7.375% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.28 | 0.78 |  |  |  |  |  |  | 360 | xxxxxx | $38368.08 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776882 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4116.94 | $4116.94 | 8.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1260.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/02/2022 | 627 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 1 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  |  | xxxxxx | $494536.36 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 772978 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2454.17 | $2454.17 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1104.96 | xxxxxx |  | $1246.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/17/2022 | 694 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.92 | 1.08 |  |  |  |  |  |  | 360 | xxxxxx | $353585.80 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776597 | xxxxxx | Non QM | xxxxxx | Yes | No | $1420.00 | $2765.86 | xxxxxx | 7.488% | $9135.69 | $9135.69 | 7.750% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $23580.33 | 1 | xxxxxx | $3168.00 | xxxxxx |  | $1700.00 |  | Annually | 39.924% | 39.924% | 39.924% | 08/08/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 46.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 25.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 0 | 0 | No | xxxxxx | Verus | $1420.00 | xxxxxx | 4.790% | $0.00 | 2.6 |  |  |  | No | No | 7.750% | 2 | 1 | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $536643.11 | 34.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776987 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1604.90 | $1604.90 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1037.52 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/13/2022 | 723 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.06 | 0.94 |  |  |  |  |  |  | 240 | xxxxxx | $41722.33 | 12.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777349 | xxxxxx | Non QM | xxxxxx | Yes | No | $23712.50 | $9311.64 | xxxxxx | 7.921% | $6888.16 | $6888.16 | 7.875% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $10208.71 | 1 | xxxxxx | $3411.00 | xxxxxx |  | $43.00 |  | Monthly | 47.971% | 47.971% | 47.971% | 07/23/2022 | 759 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 28.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 28.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 28.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 28.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $23712.50 | xxxxxx | 5.200% | $0.00 | 1 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $49078.70 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777851 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2585.85 | $2585.85 | 8.875% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1978.80 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  | 666 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.82 | 1.22 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778016 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1433.92 | $1433.92 | 9.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $2755.32 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/05/2022 | 651 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.41 | 0.71 |  |  |  |  |  |  |  | xxxxxx | $89663.69 | 36.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776318 | xxxxxx | Non QM | xxxxxx | Yes | No | $13500.00 | $21376.23 | xxxxxx | 9.547% | $8317.49 | $8317.49 | 9.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $29637.11 | 1 | xxxxxx | $6259.56 | xxxxxx |  | $720.00 |  | Annually | 26.412% | 26.412% | 26.412% | 08/11/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; Transcripts (1040) - 2021<br> [Borrower]; Transcripts (1040) - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other | Chapter 7 |  | xxxxxx | 1 | 24.12 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13500.00 | xxxxxx | 5.370% | $0.00 | 1.9 |  |  |  | No | No | 9.375% | 1 |  | 0 | 0 | 2 | 2 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $469570.20 | 40.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774663 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4706.51 | $4706.51 | 7.750% | No | No |  |  |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  |  | 1 | xxxxxx | $1994.04 | xxxxxx |  | $1335.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/26/2022 | 672 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.43 | 2.35 |  |  |  |  |  |  | 240 | xxxxxx | $1049796.29 | 79.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777536 | xxxxxx | Non QM | xxxxxx | Yes | No | $9595.00 | $13933.96 | xxxxxx | 8.104% | $2722.37 | $2722.37 | 7.750% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $23516.63 | 1 | xxxxxx | $633.96 |  |  |  |  |  | 13.737% | 13.737% | 13.737% | 08/03/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9595.00 | xxxxxx | 5.620% | $0.00 | 1 |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 3 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $171976.13 | 36.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777084 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1636.90 | $1636.90 | 7.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $180.96 | xxxxxx |  | $150.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/08/2022 | 790 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.06 | 0.95 |  |  |  |  |  |  |  | xxxxxx | $155530.79 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777627 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1276.39 | $1276.39 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2592.60 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/18/2022 | 682 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.04 | 0.96 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777000 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1769.47 | $1769.47 | 8.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $866.40 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/29/2022 | 692 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $88887.77 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777850 | xxxxxx | Non QM | xxxxxx | Yes | No | $14388.25 | $17196.79 | xxxxxx | 7.286% | $2506.18 | $2506.18 | 6.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5037.29 | 1 | xxxxxx | $1040.04 |  |  |  |  |  | 44.030% | 44.030% | 44.030% | 08/22/2022 | 757 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $14388.25 | xxxxxx | 5.200% | $0.00 | 1 |  |  |  | N/A | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $229110.08 | 42.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776151 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2603.63 | $2603.63 | 9.125% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $2553.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/01/2022 | 717 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 9.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.79 | 1.26 |  |  |  |  |  |  |  | xxxxxx | $40670.57 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778163 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2406.25 | $2406.25 | 8.250% | No | No |  |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  |  |  | 3 | xxxxxx | $1049.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/15/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.28 | 0.78 |  |  |  |  |  |  | 240 | xxxxxx | $333157.24 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777606 | xxxxxx | Non QM | xxxxxx | Yes | No | $14145.00 | $26864.50 | xxxxxx | 8.000% | $11717.12 | $11717.12 | 7.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $28442.75 | 1 | xxxxxx | $5739.96 |  |  |  |  |  | 41.561% | 41.561% | 41.561% | 08/26/2022 | 713 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $14145.00 | xxxxxx | 5.620% | $0.00 | 2.6 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 18.87 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $60000.00 | 3.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777609 | xxxxxx | Non QM | xxxxxx | Yes | No | $2245.00 | $5170.97 | xxxxxx | 8.541% | $3860.42 | $4190.58 | 8.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5040.74 | 1 | xxxxxx | $1102.20 |  |  |  |  |  | 49.593% | 46.291% | 49.593% | 08/08/2022 | 680 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other | Chapter 7 |  | xxxxxx | 1 | 86.04 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $2245.00 | xxxxxx | 5.620% | $0.00 | 2.8 |  |  |  | No | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $45364.43 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775858 | xxxxxx | Non QM | xxxxxx | Yes | No | $1495.00 | $2943.95 | xxxxxx | 8.592% | $1487.50 | $1614.72 | 8.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2655.05 | 1 | xxxxxx | $3242.04 | xxxxxx |  | $1000.00 |  | Annually | 50.984% | 48.636% | 50.984% | 07/07/2022 | 693 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Child Support]; Court Registry - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Child Support]; Divorce Decree - 2019 | [Borrower]; 1040 - 2021<br> [Borrower]; 1040 - 2020<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 4506-C - 2017 | 2 Years Tax Returns | Chapter 7 |  | xxxxxx | 1 | 23.28 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1495.00 | xxxxxx | 5.060% | $0.00 | 3.2 |  |  |  | Yes | No | 8.500% | 2 |  | 2 | 0 | 4 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $42774.44 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776175 | xxxxxx | Non QM | xxxxxx | Yes | No | $10945.00 | $13627.99 | xxxxxx | 7.371% | $3284.38 | $3284.38 | 7.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18806.04 | 1 | xxxxxx | $1236.96 |  |  |  |  |  | 22.560% | 22.560% | 22.560% | 08/29/2022 | 715 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 65.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 65.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 65.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 65.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 65.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; 4506-C (for Business) - 2021<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 65.00% \| Expense Ratio: 60.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; 4506-C (for Business) - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10945.00 | xxxxxx | 5.370% | $0.00 | 2 |  |  |  | Yes | No | 7.125% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $96850.62 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 773553 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2563.12 | $2563.12 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1988.04 | xxxxxx |  | $190.00 |  | Annually | 0.000% | 0.000% | 0.000% | 06/09/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.84 | 1.19 |  |  |  |  |  |  |  | xxxxxx | $38444.39 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 773614 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1783.00 | $1783.00 | 7.500% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $2987.64 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/01/2022 | 696 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.78 | 1.28 |  |  |  |  |  |  |  | xxxxxx | $306733.19 | 90.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778158 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2806.25 | $2806.25 | 7.500% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1398.00 | xxxxxx |  | $57.00 |  | Monthly | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  | 240 | xxxxxx | $372515.83 | 50.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778245 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1045.51 | $1045.51 | 8.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $893.88 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/09/2022 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.09 | 0.92 |  |  |  |  |  |  |  | xxxxxx | $124667.64 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778247 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $976.65 | $976.65 | 8.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $998.64 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/09/2022 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.39 | 0.72 |  |  |  |  |  |  |  | xxxxxx | $82035.24 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778234 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1165.00 | $1165.00 | 6.990% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $3081.96 | xxxxxx |  | $130.00 |  | Annually | 0.000% | 0.000% | 0.000% | 07/07/2022 | 763 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.990% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.25 | 0.8 |  |  |  |  |  |  | 240 | xxxxxx | $192564.35 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778233 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1268.00 | $1268.00 | 6.940% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2943.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/06/2022 | 781 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 6.940% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.12 | 0.89 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778242 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2338.87 | $2338.87 | 8.000% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $2736.60 | xxxxxx |  | $418.00 |  | Monthly | 0.000% | 0.000% | 0.000% |  | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.72 | 0.58 |  |  |  |  |  |  |  | xxxxxx | $454833.97 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778260 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $623.19 | $623.19 | 7.375% | No | No |  |  |  |  | 0 | 0 |  |  | Permanent Resident Alien | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $791.64 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  | 756 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.6 | 0.62 |  |  |  |  |  |  | 240 | xxxxxx | $90402.90 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778250 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1957.69 | $1957.69 | 7.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $983.76 | xxxxxx |  | $217.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/06/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.77 | 0.56 |  |  |  |  |  |  |  | xxxxxx | $48997.74 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778248 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1326.10 | $1326.10 | 7.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1007.64 | xxxxxx |  | $215.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/27/2022 | 740 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.43 | 0.7 |  |  |  |  |  |  |  | xxxxxx | $20887.63 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778239 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3746.80 | $3746.80 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1096.56 | xxxxxx |  | $332.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/07/2022 | 735 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.78 | 0.56 |  |  |  |  |  |  |  | xxxxxx | $1380178.95 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778246 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $980.49 | $980.49 | 8.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $515.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 05/09/2022 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.18 | 0.85 |  |  |  |  |  |  |  | xxxxxx | $118156.33 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778235 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $930.11 | $930.11 | 8.875% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 2 | xxxxxx | $2494.92 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  | 794 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.26 | 0.79 |  |  |  |  |  |  |  | xxxxxx | $31860.81 | 19.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775452 | xxxxxx | Non QM | xxxxxx | Yes | No | $8438.60 | $9700.46 | xxxxxx | 10.468% | $1552.17 | $1552.17 | 9.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2785.49 | 1 | xxxxxx | $2487.96 | xxxxxx |  | $100.00 |  | Annually | 48.183% | 48.183% | 48.183% | 07/07/2022 | 625 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 2 | 0 | No | xxxxxx | Verus | $8438.60 | xxxxxx | 5.060% | $0.00 | 1 |  |  |  | No | No | 9.875% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $86985.65 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776376 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1893.63 | $1893.63 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 6 | xxxxxx | $2958.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/27/2022 | 791 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.63 | 0.61 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776557 | xxxxxx | Non QM | xxxxxx | Yes | No | $6691.80 | $6836.80 | xxxxxx | 7.752% | $1636.16 | $1636.16 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $33956.34 | 1 | xxxxxx | $2407.56 |  |  |  |  |  | 9.279% | 9.279% | 9.279% | 08/24/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6691.80 | xxxxxx | 5.620% | $0.00 |  |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $376352.15 | 75.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776921 | xxxxxx | N/A | xxxxxx | Yes | No | $78295.00 | $30742.67 |  | 7.857% | $12400.00 | $15762.21 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $73435.28 | 1 | xxxxxx | $1700.40 |  |  |  |  |  | 29.613% | 26.390% | 29.613% | 08/10/2022 | 751 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 70.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $78295.00 |  | 5.060% | $0.00 | 1 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $543131.25 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775418 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6570.92 | $6570.92 | 8.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $4606.20 | xxxxxx |  | $800.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/12/2022 | 686 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.5 |  |  |  | No | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.96 | 1.05 |  |  |  |  |  |  |  | xxxxxx | $1499768.07 | 100.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777225 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3948.41 | $3948.41 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1745.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/26/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.5 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $634583.05 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778142 | xxxxxx | Non QM | xxxxxx | Yes | No | $18224.72 | $10760.89 | xxxxxx | 7.761% | $2629.05 | $2629.05 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $5353.33 | 1 | xxxxxx | $5381.04 |  |  |  |  |  | 49.886% | 49.886% | 49.886% | 08/08/2022 | 760 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $18224.72 | xxxxxx | 5.060% | $3000.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $25000.00 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777342 | xxxxxx | Non QM | xxxxxx | Yes | No | $26201.72 | $17462.59 | xxxxxx | 7.819% | $5265.99 | $5265.99 | 7.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17855.35 | 1 | xxxxxx | $1059.36 |  |  |  |  |  | 30.052% | 30.052% | 30.052% | 08/01/2022 | 723 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Personal | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Other - 2002 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $26201.72 | xxxxxx | 5.200% | $0.00 | 1 |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 | 24 |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $48327.75 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777816 | xxxxxx | Non QM | xxxxxx | Yes | No | $4588.75 | $5299.05 | xxxxxx | 7.648% | $844.19 | $844.19 | 7.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4214.92 | 1 | xxxxxx | $799.08 |  |  |  |  |  | 36.178% | 36.178% | 36.178% | 08/30/2022 | 661 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx | $4588.75 | xxxxxx | 5.200% | $12201.51 | 2 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777696 | xxxxxx | Non QM | xxxxxx | Yes | No | $16450.00 | $23795.50 | xxxxxx | 7.019% | $6548.89 | $6548.89 | 7.250% | No | No | Employed | Employed |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | $10183.30 | 1 | xxxxxx | $899.40 |  |  |  |  |  | 44.114% | 50.756% | 44.114% | 08/26/2022 | 752 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16450.00 | xxxxxx | 5.460% | $0.00 | 1 |  |  |  | N/A | No | 7.250% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $180711.79 | 14.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776504 | xxxxxx | N/A | xxxxxx | Yes | No | $4070.00 | $7696.05 | xxxxxx | 8.314% | $5285.16 | $5285.16 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $169782.20 | 1 | xxxxxx | $1107.12 |  |  |  |  |  | 29.416% | 29.416% | 29.416% | 09/08/2022 | 720 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4070.00 | xxxxxx | 5.060% | $0.00 | 1 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 17.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $434971.52 | 49.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777723 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1214.96 | $1214.96 | 7.250% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $810.96 | xxxxxx |  | $234.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/10/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.7 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.15 | 0.87 |  |  |  |  |  |  |  | xxxxxx | $249594.98 | 91.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776471 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2515.63 | $2515.63 | 9.375% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2382.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/09/2022 | 722 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.9 |  |  |  | No | No | 9.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.64 | 1.56 |  |  |  |  |  |  | 240 | xxxxxx | $412234.41 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778162 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1771.88 | $1771.88 | 7.875% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1100.04 | xxxxxx |  | $750.00 |  | Annually | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.8 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $478770.19 | 80.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777842 | xxxxxx | Non QM | xxxxxx | Yes | No | $12182.50 | $19567.81 | xxxxxx | 7.503% | $7641.08 | $7641.08 | 8.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $20988.29 | 2 | xxxxxx | $2006.40 |  |  |  |  |  | 32.254% | 36.510% | 32.254% | 08/16/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12182.50 | xxxxxx | 5.460% | $0.00 |  |  |  |  | N/A | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $431240.86 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776926 | xxxxxx | Non QM | xxxxxx | Yes | No | $4645.00 | $6750.64 | xxxxxx | 8.019% | $1660.29 | $1660.29 | 7.750% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4676.27 | 1 | xxxxxx | $376.08 | xxxxxx |  | $157.37 |  | Monthly | 43.659% | 43.659% | 43.659% | 07/28/2022 | 739 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $4645.00 | xxxxxx | 5.280% | $3040.00 | 1 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $70595.00 | 23.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777779 | xxxxxx | N/A | xxxxxx | Yes | No | $28341.25 | $3119.15 | xxxxxx | 7.778% | $2964.38 | $3288.33 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $20596.90 | 1 | xxxxxx | $1218.96 |  |  |  |  |  | 25.420% | 24.247% | 25.420% | 08/15/2022 | 696 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 75.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 75.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 75.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 75.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 52.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 52.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 52.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $28341.25 | xxxxxx | 5.620% | $0.00 |  |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $783292.66 | 102.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777304 | xxxxxx | Non QM | xxxxxx | Yes | No | $11695.00 | $14521.48 | xxxxxx | 8.582% | $3065.17 | $3065.17 | 8.250% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | Permanent Resident Alien |  |  |  |  |  |  | $6251.55 | 1 | xxxxxx | $1440.00 | xxxxxx |  | $70.00 |  | Monthly | 39.833% | 39.833% | 39.833% | 07/19/2022 | 751 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 36 | Personal, Business | 100.000% | 100.000% | 100.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 11.20000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 11.20000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.40000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 13.50000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2021 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11695.00 | xxxxxx | 5.200% | $2927.00 | 1 |  |  |  | Yes | No | 8.250% | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $73843.27 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777159 | xxxxxx | Non QM | xxxxxx | Yes | No | $7995.00 | $11117.46 | xxxxxx | 7.015% | $4270.04 | $4270.04 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $150199.34 | 1 | xxxxxx | $2637.96 |  |  |  |  |  | 11.024% | 11.024% | 11.024% | 08/09/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 32.00000% \| Expense Ratio Source: Third Party Verification \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7995.00 | xxxxxx | 5.620% | $0.00 | 3.8 |  |  |  | No | No | 6.875% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $726742.44 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777150 | xxxxxx | Non QM | xxxxxx | Yes | No | $8619.25 | $10144.26 |  | 7.773% | $1667.98 | $1667.98 | 7.375% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $17185.59 | 1 | xxxxxx | $1634.04 |  |  |  |  |  | 23.126% | 23.126% | 23.126% | 08/12/2022 | 701 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other | Chapter 13 | xxxxxx | xxxxxx | 1 |  | 16.32 |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8619.25 |  | 5.200% | $4000.00 | 1.6 |  |  |  | Yes | No | 7.375% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $169595.55 | 49.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 774084 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1338.75 | $1338.75 | 8.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1640.04 | xxxxxx |  | $430.00 |  | Annually | 0.000% | 0.000% | 0.000% | 08/03/2022 | 715 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.83 | 1.21 |  |  |  |  |  |  | 240 | xxxxxx | $86425.71 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777460 | xxxxxx | Non QM | xxxxxx | Yes | No | $12016.89 | $15116.30 | xxxxxx | 7.055% | $4579.45 | $4579.45 | 6.875% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $126063.63 | 1 | xxxxxx | $4704.36 |  |  |  |  |  | 4.565% | 4.565% | 4.565% | 06/15/2022 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Shared Bank Statements]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Shared Bank Statements]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12016.89 | xxxxxx | 5.370% | $0.00 | 1 |  |  |  | No | No | 6.875% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5886.45 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 778151 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1335.01 | $1335.01 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $879.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/12/2022 | 682 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.5 |  |  |  | N/A | No | 7.625% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $195574.63 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776891 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4944.11 | $4944.11 | 8.500% | No | No |  |  |  |  | 0 |  |  |  | Foreign National |  |  |  |  |  |  | 1 | xxxxxx | $6049.44 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.11 | 0.9 |  |  |  |  |  |  |  | xxxxxx | $848587.94 | 86.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777444 | xxxxxx | Non QM | xxxxxx | Yes | No | $3744.75 | $9702.53 | xxxxxx | 8.000% | $4404.80 | $4404.80 | 7.875% | No | No | Not Employed | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  | $19793.47 | 1 | xxxxxx | $569.16 | xxxxxx |  | $418.00 |  | Monthly | 33.395% | 33.395% | 33.395% | 08/19/2022 | 736 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $3744.75 | xxxxxx | 5.200% | $250.00 | 2.6 |  |  |  | N/A | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $221116.61 | 27.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777567 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1136.22 | $1136.22 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1124.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/09/2022 | 723 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  |  | xxxxxx | $79047.46 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778022 | xxxxxx | Non QM | xxxxxx | Yes | No | $14809.00 | $16723.72 | xxxxxx | 8.140% | $3000.33 | $3000.33 | 7.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $38978.79 | 1 | xxxxxx | $3992.04 |  |  |  |  |  | 12.156% | 12.156% | 12.156% | 08/12/2022 | 667 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $14809.00 | xxxxxx | 5.730% | $0.00 | 2.8 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $169348.63 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 771951 | xxxxxx | Non QM | xxxxxx | Yes | No | $10775.00 | $17676.27 | xxxxxx | 8.785% | $7217.89 | $7217.89 | 8.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9803.83 | 1 | xxxxxx | $1230.00 |  |  |  |  |  | 47.021% | 47.021% | 47.021% | 08/17/2022 | 750 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10775.00 | xxxxxx | 5.180% | $0.00 | 1 |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 2 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $21962.27 |  |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776468 | xxxxxx | N/A | xxxxxx | Yes | No | $25212.60 | $14788.24 | xxxxxx | 8.784% | $3286.67 | $4026.70 | 8.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $15588.14 | 1 | xxxxxx | $2105.04 |  |  |  |  |  | 38.327% | 35.399% | 38.327% | 08/08/2022 | 786 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 | [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $25212.60 | xxxxxx | 5.060% | $0.00 | 1.6 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 2 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $150898.45 | 26.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777073 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1297.20 | $1297.20 | 6.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2097.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/28/2022 | 755 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.7 |  |  |  | No | No | 6.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.24 | 0.81 |  |  |  |  |  |  |  | xxxxxx | $152187.24 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778258 | xxxxxx | N/A | xxxxxx | Yes | No | $13383.23 | $11138.04 | xxxxxx | 8.594% | $3562.84 | $3562.84 | 8.375% | No | No | Not Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $6235.78 | 1 | xxxxxx | $1580.52 |  |  |  |  |  | 43.311% | 43.311% | 43.311% | 09/05/2022 | 734 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13383.23 | xxxxxx | 5.060% | $0.00 | 1 |  |  |  | N/A | No | 8.375% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $210147.06 | 34.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776848 | xxxxxx | Non QM | xxxxxx | Yes | No | $24151.00 | $28397.67 | xxxxxx | 8.486% | $5702.38 | $5702.38 | 8.125% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $43645.94 | 1 | xxxxxx | $3360.96 |  |  |  |  |  | 16.227% | 16.227% | 16.227% | 07/14/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 49.000% | 51.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 49.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 49.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 49.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $24151.00 | xxxxxx | 5.730% | $500.00 | 1.9 |  |  |  | N/A | No | 8.125% | 0 | 0 | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $408367.31 | 43.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 775432 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1100.65 | $1100.65 | 8.000% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $699.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/10/2022 | 719 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.36 | 0.74 |  |  |  |  |  |  |  | xxxxxx | $139170.41 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777667 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2212.50 | $2212.50 | 7.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2713.56 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/19/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 4.8 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  | 240 | xxxxxx | $25000.00 | 4.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777674 | xxxxxx | Non QM | xxxxxx | Yes | No | $5937.50 | $7943.25 | xxxxxx | 7.183% | $2494.88 | $2494.88 | 7.000% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7998.11 | 1 | xxxxxx | $890.16 |  |  |  |  |  | 28.371% | 28.371% | 28.371% | 08/29/2022 | 789 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5937.50 | xxxxxx | 5.620% | $0.00 | 1 |  |  |  | Yes | No | 7.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $146762.92 | 29.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776427 | xxxxxx | N/A | xxxxxx | Yes | No | $9666.63 | $11574.74 |  | 7.426% | $1345.34 | $1345.34 | 6.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $46764.49 | 1 | xxxxxx | $789.00 | xxxxxx |  | $540.00 |  | Annually | 9.264% | 9.264% | 9.264% | 06/23/2022 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 7.21000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 7.21000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 7.21000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 7.21000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9666.63 |  | 5.060% | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5200.00 | 2.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777435 | xxxxxx | N/A | xxxxxx | Yes | No | $5235.00 | $6840.18 | xxxxxx | 8.692% | $1611.35 | $1611.35 | 8.375% | No | No | Not Employed |  | Employed |  | 3.45 |  |  |  | xxxxxx |  |  |  |  |  | $7074.33 | 2 | xxxxxx | $1299.00 |  |  |  |  |  | 32.648% | 32.648% | 32.648% | 07/21/2022 | 782 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 5-Stated/Verified as defined |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5235.00 | xxxxxx | 5.200% | $7950.00 |  |  |  |  | No | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $63023.47 | 24.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776305 | xxxxxx | Non QM | xxxxxx | Yes | No | $9590.00 | $12128.14 | xxxxxx | 6.932% | $2305.12 | $2305.12 | 6.625% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $17237.29 | 1 | xxxxxx | $2828.04 |  |  |  |  |  | 21.901% | 21.901% | 21.901% | 08/22/2022 | 705 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 99.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $9590.00 | xxxxxx | 5.280% | $0.00 | 2.6 |  |  |  | Yes | No | 6.625% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $71141.74 | 15.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 776744 | xxxxxx | N/A | xxxxxx | Yes | No | $5654.00 | $6919.12 | xxxxxx | 8.837% | $1562.43 | $1562.43 | 8.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3550.83 | 1 | xxxxxx | $1590.00 |  |  |  |  |  | 33.661% | 33.661% | 33.661% | 06/20/2022 | 781 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5654.00 | xxxxxx | 5.950% | $16000.00 | 1 |  |  |  | Yes | No | 8.500% | 2 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $65070.80 | 26.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 777677 | xxxxxx | Non QM | xxxxxx | Yes | No | $13443.50 | $16007.25 | xxxxxx | 7.816% | $2485.74 | $2485.74 | 7.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3775.81 | 1 | xxxxxx | $1535.40 |  |  |  |  |  | 46.060% | 46.060% | 46.060% | 08/29/2022 | 804 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13443.50 | xxxxxx | 5.620% | $0.00 | 1 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $24635.25 | 5.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 778026 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $946.50 | $946.50 | 9.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $891.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/25/2022 | 649 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.82 |  |  |  |  |  |  |  | xxxxxx | $21357.89 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778344 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2528.94 | $2528.94 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $1209.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/24/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $327072.03 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778054 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1374.59 | $1374.59 | 7.250% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 1 | xxxxxx | $1014.00 | xxxxxx |  | $150.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/02/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.6 |  |  |  | N/A | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.13 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $113633.22 | 37.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776615 | xxxxxx | N/A | xxxxxx | Yes | No | $30610.63 | $14426.17 |  | 7.370% | $4242.48 | $4242.48 | 7.500% | No | No | Not Employed |  | Self-Employed |  | 9.72 |  |  |  | xxxxxx |  |  |  |  |  | $49944.94 | 1 | xxxxxx | $1812.96 | xxxxxx |  | $75.00 |  | Monthly | 25.024% | 25.024% | 25.024% | 07/26/2022 | 724 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 12 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $30610.63 |  | 5.060% | $0.00 | 3.2 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $270562.71 | 33.000% |  |  |  |  |  |  | Mortgagor Focused |
| xxxxxx | 778079 | xxxxxx | Non QM | xxxxxx | Yes | No | $6598.48 | $8597.69 | xxxxxx | 8.394% | $1588.92 | $1588.92 | 7.990% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18780.42 | 1 | xxxxxx | $1496.64 |  |  |  |  |  | 14.407% | 14.407% | 14.407% | 08/25/2022 | 729 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6598.48 | xxxxxx | 5.950% | $0.00 |  |  |  |  | Yes | No | 7.990% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $25466.39 | 10.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777111 | xxxxxx | Non QM | xxxxxx | Yes | No | $7197.60 | $8502.33 | xxxxxx | 8.601% | $1802.44 | $1802.44 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6100.55 | 1 | xxxxxx | $750.00 |  |  |  |  |  | 54.731% | 54.731% | 54.731% | 07/02/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7197.60 | xxxxxx | 5.200% | $7500.00 | 1.3 |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $73842.90 | 25.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777392 | xxxxxx | N/A | xxxxxx | Yes | No | $3451.25 | $9738.78 | xxxxxx | 7.432% | $7770.10 | $7770.10 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7372.96 | 2 | xxxxxx | $1257.12 |  |  |  |  |  | 48.120% | 48.120% | 48.120% | 06/09/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 85.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Social Security]; Award Letter / Continuance Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3451.25 | xxxxxx | 5.200% | $0.00 |  |  |  |  | No | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $532156.52 | 35.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776531 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2861.62 | $2861.62 | 8.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $684.24 | xxxxxx |  | $587.50 |  | Monthly | 0.000% | 0.000% | 0.000% | 07/26/2022 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.2 |  |  |  | No | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  |  | xxxxxx | $239527.86 | 49.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 775919 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1865.79 | $1865.79 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $597.96 | xxxxxx |  | $66.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 06/28/2022 | 732 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.1 |  |  |  | Yes | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.91 | 1.1 |  |  |  |  |  |  |  | xxxxxx | $95357.62 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777823 | xxxxxx | Non QM | xxxxxx | Yes | No | $9258.63 | $10291.88 | xxxxxx | 9.496% | $2420.56 | $2420.56 | 9.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6433.15 | 1 | xxxxxx | $1172.04 |  |  |  |  |  | 34.502% | 34.502% | 34.502% | 09/01/2022 | 707 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9258.63 | xxxxxx | 5.730% | $0.00 | 3.5 |  |  |  | No | No | 9.125% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $33420.46 | 10.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777486 | xxxxxx | Non QM | xxxxxx | Yes | No | $28796.60 | $12996.60 | xxxxxx | 8.387% | $6611.15 | $6611.15 | 8.250% | No | No | Not Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $26204.00 | 1 | xxxxxx | $1780.80 |  |  |  |  |  | 22.739% | 22.739% | 22.739% | 08/24/2022 | 772 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Yes | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Asset Depletion]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - IRA Distribution]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - IRA Distribution]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - IRA Distribution]; Deposit Receipt - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Asset Depletion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $28796.60 | xxxxxx | 5.730% | $0.00 | 1 |  |  |  | Yes | No | 8.250% | 0 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  | Other |  |  |  |  | xxxxxx | $3990541.74 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778110 | xxxxxx | Non QM | xxxxxx | Yes | No | $9264.84 | $11657.16 | xxxxxx | 7.734% | $3318.86 | $3318.86 | 7.500% | No | No | Self-Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $6159.83 | 1 | xxxxxx | $482.16 | xxxxxx |  | $306.59 |  | Monthly | 44.350% | 44.350% | 44.350% | 08/15/2022 | 742 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9264.84 | xxxxxx | 5.730% | $10000.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $218187.56 | 34.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777600 | xxxxxx | Non QM | xxxxxx | Yes | No | $12335.00 | $15034.98 | xxxxxx | 7.255% | $3672.10 | $3672.10 | 6.999% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $18231.03 | 1 | xxxxxx | $1713.96 | xxxxxx |  | $12.00 |  | Monthly | 37.654% | 37.654% | 37.654% | 08/26/2022 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12335.00 | xxxxxx | 5.620% | $102500.00 | 1.1 |  |  |  | Yes | No | 6.999% | 0 |  | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $137593.02 | 20.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777064 | xxxxxx | Non QM | xxxxxx | Yes | No | $45995.00 | $50728.97 | xxxxxx | 6.727% | $12641.36 | $12641.36 | 6.500% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $55058.17 | 1 | xxxxxx | $12684.84 |  |  |  |  |  | 27.643% | 27.643% | 27.643% | 08/10/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 99.000% | 1.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 99.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $45995.00 | xxxxxx | 5.280% | $0.00 | 2.5 |  |  |  | No | No | 6.500% | 0 | 0 | 0 | 0 | 3 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $746605.90 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778174 | xxxxxx | Non QM | xxxxxx | Yes | No | $5280.00 | $6981.92 | xxxxxx | 8.680% | $1235.83 | $1235.83 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $3633.12 | 1 | xxxxxx | $232.44 | xxxxxx | xxxxxx | $601.00 |  | Monthly | 40.538% | 40.538% | 40.538% | 08/02/2022 | 732 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $5280.00 | xxxxxx | 5.730% | $0.00 | 1.2 |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $100089.58 | 43.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777433 | xxxxxx | Non QM | xxxxxx | Yes | No | $8863.00 | $11965.33 | xxxxxx | 8.577% | $4134.79 | $4134.79 | 8.375% | No | No | Self-Employed | Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $7067.88 | 1 | xxxxxx | $1557.96 |  |  |  |  |  | 45.448% | 45.448% | 45.448% | 07/22/2022 | 780 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 48 | Personal, Business | 67.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $8863.00 | xxxxxx | 5.200% | $0.00 | 3 |  |  |  | Yes | No | 8.375% | 0 | 2 | 0 | 0 | 2 | 0 | 24 | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $68810.27 | 11.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778144 | xxxxxx | Non QM | xxxxxx | Yes | No | $20395.00 | $8556.50 | xxxxxx | 7.666% | $10616.91 | $10616.91 | 7.625% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $23325.65 | 1 | xxxxxx | $866.04 |  |  |  |  |  | 45.100% | 45.100% | 45.100% | 07/20/2022 | 709 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 36 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2017<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2017<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2017<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2017<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2020<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2020 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  | [Borrower - xxxxxx NDM xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx NDM xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx NDM xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx NDM xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx NDM xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - Nora La xxxxxx an \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - Nora La xxxxxx an \| Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - Nora La xxxxxx an \| Primary Income - Shared Bank Statements]; Other - 2022<br> [Coborrower(s) - Nora La xxxxxx an \| Primary Income - Shared Bank Statements]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - Nora La xxxxxx an \| Primary Income - Shared Bank Statements]; Third Party Verification - 2022 |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $20395.00 | xxxxxx | 5.580% | $0.00 | 2.5 |  |  |  | No | No | 7.625% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $4956404.88 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776749 | xxxxxx | Non QM | xxxxxx | Yes | No | $2845.00 | $4011.38 | xxxxxx | 8.649% | $1999.18 | $1999.18 | 8.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $20786.98 | 1 | xxxxxx | $3864.84 |  |  |  |  |  | 19.558% | 19.558% | 19.558% | 08/09/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Other - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $2845.00 | xxxxxx | 5.950% | $0.00 | 1 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 2 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $6377.29 | 2.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 775078 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1527.75 | $1527.75 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1041.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/14/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.11 | 0.9 |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 776981 | xxxxxx | Non QM | xxxxxx | Yes | No | $11343.75 | $12549.53 | xxxxxx | 7.391% | $2095.70 | $2095.70 | 7.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6413.14 | 1 | xxxxxx | $1187.76 |  |  |  |  |  | 42.660% | 42.660% | 42.660% | 07/18/2022 | 810 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 40.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 40.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 40.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 40.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11343.75 | xxxxxx | 5.280% | $0.00 | 1 |  |  |  | Yes | No | 7.000% | 0 |  | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $84490.62 | 20.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778219 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2891.15 | $2891.15 | 7.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1836.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/29/2022 | 703 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $437415.20 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777908 | xxxxxx | Non QM | xxxxxx | Yes | No | $7245.00 | $10904.66 | xxxxxx | 7.212% | $3418.84 | $3418.84 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8076.32 | 1 | xxxxxx | $359.04 | xxxxxx |  | $234.00 |  | Monthly | 36.415% | 41.355% | 36.415% | 08/28/2022 | 785 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7245.00 | xxxxxx | 5.600% | $0.00 | 1 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $43898.02 | 7.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777447 | xxxxxx | Non QM | xxxxxx | Yes | No | $9250.00 | $12439.11 |  | 7.554% | $4420.32 | $4420.32 | 7.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11385.01 | 1 | xxxxxx | $1052.16 |  |  |  |  |  | 46.564% | 46.564% | 46.564% | 08/25/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9250.00 |  | 5.200% | $0.00 | 1 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $28090.00 | 4.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778145 | xxxxxx | Non QM | xxxxxx | Yes | No | $1614.95 | $3709.07 | xxxxxx | 8.051% | $4123.76 | $4123.76 | 8.000% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $8387.16 | 1 | xxxxxx | $1955.04 | xxxxxx |  | $1179.00 |  | Monthly | 49.309% | 49.309% | 49.309% | 08/24/2022 | 761 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  |  | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1614.95 | xxxxxx | 5.950% | $0.00 | 1 |  |  |  | Yes | No | 8.000% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $404582.55 | 54.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777703 | xxxxxx | Non QM | xxxxxx | Yes | No | $10441.25 | $11562.62 | xxxxxx | 8.841% | $2729.64 | $2729.64 | 8.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $19762.19 | 1 | xxxxxx | $831.00 | xxxxxx |  | $40.00 |  | Monthly | 15.218% | 15.218% | 15.218% | 07/27/2022 | 632 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10441.25 | xxxxxx | 5.620% | $0.00 | 1.7 |  |  |  | No | No | 8.500% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 772300 | xxxxxx | Non QM | xxxxxx | Yes | No | $11762.20 | $9681.60 | xxxxxx | 8.190% | $2253.52 | $2253.52 | 7.875% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $3456.29 | 1 | xxxxxx | $1909.20 | xxxxxx |  | $33.00 |  | Monthly | 49.570% | 49.570% | 49.570% | 08/29/2022 | 651 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; 1099 - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 1 | 23.76 | 0 | 0 | 0 | No | xxxxxx | Verus | $11762.20 | xxxxxx | 5.950% | $6000.00 | 3.8 |  |  |  | No | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $285264.23 | 52.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777827 | xxxxxx | N/A | xxxxxx | Yes | No | $54290.00 | $12771.18 | xxxxxx | 7.212% | $6043.41 | $6043.41 | 7.375% | No | No | Not Employed |  | Self-Employed |  | 4.28 |  |  |  | xxxxxx |  |  |  |  |  | $62335.45 | 1 | xxxxxx | $2634.96 |  |  |  |  |  | 20.268% | 20.268% | 20.268% | 08/22/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | Yes | 48 | Business | 100.000% |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Coborrower(s) - xxxxxx\| Non-Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx Bank Statements Required: 12]; CPA Letter - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $54290.00 | xxxxxx | 5.530% | $0.00 | 3.8 |  |  |  | No | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $468348.47 | 37.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777072 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1197.11 | $1197.11 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $887.64 | xxxxxx |  | $132.00 |  | Annually | 0.000% | 0.000% | 0.000% | 07/28/2022 | 718 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | No | No | 8.375% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  |  | xxxxxx | $85812.88 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777462 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2399.50 | $2399.50 | 7.300% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1359.12 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/25/2022 | 802 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 3.3 |  |  |  | No | No | 7.300% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.15 | 0.87 |  |  |  |  |  |  |  | xxxxxx | $45380.98 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777860 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1907.97 | $1907.97 | 9.125% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1113.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/18/2022 | 788 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 3.7 |  |  |  | No | No | 9.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.42 | 2.37 |  |  |  |  |  |  |  | xxxxxx | $123563.32 | 37.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 778351 | xxxxxx | Non QM | xxxxxx | Yes | No | $11848.00 | $14860.84 | xxxxxx | 7.755% | $3250.00 | $4189.08 | 7.500% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $93105.15 | 1 | xxxxxx | $3638.04 |  |  |  |  |  | 7.130% | 6.193% | 7.130% | 08/24/2022 | 783 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11848.00 | xxxxxx | 5.620% | $0.00 | 2.5 |  |  |  | Yes | No | 7.500% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  | 240 | xxxxxx | $391613.58 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777534 | xxxxxx | Non QM | xxxxxx | Yes | No | $7641.75 | $9597.45 | xxxxxx | 8.276% | $4692.58 | $4692.58 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $15878.78 | 1 | xxxxxx | $2004.96 |  |  |  |  |  | 33.234% | 33.234% | 33.234% | 08/25/2022 | 700 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7641.75 | xxxxxx | 5.620% | $0.00 | 1 |  |  |  | Yes | No | 8.125% | 0 |  | 0 | 0 | 2 | 0 |  |  | 18.87 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $220748.57 | 28.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776038 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1223.18 | $1223.18 | 10.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 4 | xxxxxx | $2099.88 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/03/2022 | 635 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 10.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.82 | 0.55 |  |  |  |  |  |  |  | xxxxxx | $24845.82 |  |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777705 | xxxxxx | Non QM | xxxxxx | Yes | No | $18495.00 | $19864.39 | xxxxxx | 8.171% | $5075.49 | $5075.49 | 7.875% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $33276.38 | 1 | xxxxxx | $1599.60 |  |  |  |  |  | 20.639% | 20.639% | 20.639% | 08/05/2022 | 805 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% | 50.000% |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2011<br> [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - Year Not Available<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx\| Primary Income - Shared Bank Statements]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Third Party Verification - 2011 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $18495.00 | xxxxxx | 5.620% | $0.00 | 4.3 |  |  |  | No | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $259480.16 | 30.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778654 | xxxxxx | Non QM | xxxxxx | Yes | No | $10205.00 | $13421.75 | xxxxxx | 7.819% | $4292.41 | $4292.41 | 7.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6359.75 | 1 | xxxxxx | $1338.12 |  |  |  |  |  | 47.277% | 47.277% | 47.277% | 09/09/2022 | 738 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $10205.00 | xxxxxx | 5.760% | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $159254.47 | 22.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776275 | xxxxxx | Non QM | xxxxxx | Yes | No | $22120.00 | $25709.96 |  | 8.266% | $5500.00 | $6053.56 | 8.000% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $10500.73 | 1 | xxxxxx | $1824.96 |  |  |  |  |  | 44.843% | 41.936% | 44.843% | 07/26/2022 | 716 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $22120.00 |  | 5.060% | $0.00 | 1 |  |  |  | N/A | No | 8.000% | 1 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  | 360 | xxxxxx | $213315.12 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778458 | xxxxxx | Non QM | xxxxxx | Yes | No | $12283.00 | $6421.79 | xxxxxx | 8.037% | $2908.98 | $2908.98 | 7.875% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6324.95 | 1 | xxxxxx | $1280.04 | xxxxxx |  | $96.00 |  | Monthly | 36.751% | 36.751% | 36.751% | 09/06/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $12283.00 | xxxxxx | 5.950% | $0.00 | 2.6 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $73944.99 | 15.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778321 | xxxxxx | Non QM | xxxxxx | Yes | No | $6564.58 | $7920.42 | xxxxxx | 7.495% | $4414.80 | $4414.80 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $7285.77 | 1 | xxxxxx | $948.96 |  |  |  |  |  | 42.090% | 42.090% | 42.090% | 09/07/2022 | 749 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 14.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6564.58 | xxxxxx | 5.950% | $0.00 | 1 |  |  |  | No | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $339924.72 | 43.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777678 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $802.38 | $802.38 | 7.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $1789.92 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/29/2022 | 755 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.2 |  |  |  | Yes | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.27 | 0.79 |  |  |  |  |  |  |  | xxxxxx | $132058.82 | 83.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777355 | xxxxxx | N/A | xxxxxx | Yes | No | $5425.00 | $5781.30 | xxxxxx | 9.374% | $1408.09 | $1408.09 | 9.000% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6751.45 | 1 | xxxxxx | $956.04 |  |  |  |  |  | 37.269% | 37.269% | 37.269% | 08/09/2022 | 664 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx\| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $5425.00 | xxxxxx | 5.200% | $51920.00 | 2 |  |  |  | Yes | No | 9.000% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $109273.24 | 44.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776172 | xxxxxx | Non QM | xxxxxx | Yes | No | $7045.00 | $7470.44 | xxxxxx | 8.020% | $3882.75 | $3882.75 | 7.875% | No | No | Not Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $38255.26 | 1 | xxxxxx | $3588.00 |  |  |  |  |  | 25.653% | 25.653% | 25.653% | 08/01/2022 | 707 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% |  | 100.000% |  | [Coborrower(s) - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2015 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7045.00 | xxxxxx | 6.090% | $0.00 | 1 |  |  |  | No | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $60799.27 |  |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 776828 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $9884.89 | $9884.89 | 8.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $5222.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/09/2022 | 743 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.36 | 2.78 |  |  |  |  |  |  |  | xxxxxx | $1500531.49 | 84.000% |  |  |  |  |  |  | Property Focused |
| xxxxxx | 777467 | xxxxxx | Non QM | xxxxxx | Yes | No | $11632.04 | $13441.21 | xxxxxx | 7.346% | $2607.72 | $2607.72 | 6.999% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $14011.63 | 1 | xxxxxx | $2412.00 | xxxxxx |  | $175.00 |  | Monthly | 34.138% | 34.138% | 34.138% | 08/02/2022 | 736 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11632.04 | xxxxxx | 6.380% | $0.00 | 2.7 |  |  |  | Yes | No | 6.999% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $159711.84 | 33.000% |  |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777682 | xxxxxx | Non QM | xxxxxx | Yes | No | $22126.25 | $25195.37 | xxxxxx | 7.137% | $3169.54 | $3169.54 | 6.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10263.60 | 1 | xxxxxx | $549.00 | xxxxxx |  | $215.00 |  | Monthly | 31.001% | 31.001% | 31.001% | 09/01/2022 | 738 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $22126.25 | xxxxxx | 6.090% | $8000.00 | 1 |  |  |  | Yes | No | 6.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $205280.19 | 31.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778155 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2006.75 | $2006.75 | 7.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $603.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/25/2022 | 762 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.1 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.33 | 0.75 |  |  |  |  |  |  |  | xxxxxx | $279905.82 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777058 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $11578.13 | $13632.42 | 9.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 8 | xxxxxx | $3012.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/17/2022 | 784 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | No | No | 9.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.46 | 2.17 |  |  |  |  |  |  | 240 | xxxxxx | $518953.61 | 27.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778536 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2040.78 | $2040.78 | 9.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1535.04 | xxxxxx |  | $332.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/14/2022 | 715 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 1.4 |  |  |  | No | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.37 | 0.73 |  |  |  |  |  |  | 240 | xxxxxx | $15001.72 | 4.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777843 | xxxxxx | Non QM | xxxxxx | Yes | No | $25655.00 | $13550.22 |  | 7.601% | $4185.49 | $4185.49 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6786.26 | 1 | xxxxxx | $918.96 |  |  |  |  |  | 45.592% | 45.592% | 45.592% | 09/07/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $25655.00 |  | 5.730% | $0.00 | 1.3 |  |  |  | N/A | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $309447.28 | 38.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778436 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2652.88 | $2652.88 | 8.990% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $2517.72 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/26/2022 | 662 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 8.990% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.82 | 1.21 |  |  |  |  |  |  |  | xxxxxx | $320247.44 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778808 | xxxxxx | Non QM | xxxxxx | Yes | No | $11076.00 | $11753.18 | xxxxxx | 8.454% | $4642.83 | $4642.83 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $11609.61 | 1 | xxxxxx | $1986.12 |  |  |  |  |  | 49.467% | 49.467% | 49.467% | 09/01/2022 | 709 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $11076.00 | xxxxxx | 6.090% | $0.00 | 3.5 |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $260092.19 | 34.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778517 | xxxxxx | Non QM | xxxxxx | Yes | No | $13377.11 | $14972.72 | xxxxxx | 7.677% | $3526.69 | $3526.69 | 7.375% | No | No | Employed | Employed |  |  |  |  | Permanent Resident Alien | Permanent Resident Alien |  |  |  |  |  |  | $8957.54 | 1 | xxxxxx | $1108.56 | xxxxxx |  | $1300.00 |  | Annually | 45.712% | 45.712% | 45.712% | 08/04/2022 | 759 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13377.11 | xxxxxx | 5.950% | $10730.00 | 1.9 |  |  |  | N/A | No | 7.375% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $738481.08 | 103.000% | No | 32 | 32 |  |  |  | Mortgagor Focus |
| xxxxxx | 776321 | xxxxxx | Non QM | xxxxxx | Yes | No | $27523.75 | $29237.06 | xxxxxx | 9.534% | $9501.90 | $9501.90 | 9.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $24884.38 | 1 | xxxxxx | $1677.00 | xxxxxx |  | $150.00 |  | Monthly | 36.629% | 36.629% | 36.629% | 08/29/2022 | 642 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Balance Sheet - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020 | Other | Chapter 7 |  | xxxxxx | 1 | 53.76 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $27523.75 | xxxxxx | 6.090% | $0.00 | 3.3 |  |  |  | No | No | 9.250% | 0 |  | 0 | 0 | 2 | 0 |  |  | 19.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $86061.43 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778999 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4393.95 | $4393.95 | 9.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $3849.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/01/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 9.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  | 240 | xxxxxx | $36495.00 | 5.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778481 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2500.64 | $2500.64 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1135.20 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/12/2022 | 776 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.1 | 0.91 |  |  |  |  |  |  |  | xxxxxx | $159978.77 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778220 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1650.98 | $1650.98 | 8.000% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1604.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/01/2022 | 745 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.000% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.41 | 0.71 |  |  |  |  |  |  |  | xxxxxx | $643714.20 | 89.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777714 | xxxxxx | Non QM | xxxxxx | Yes | No | $20498.75 | $21211.25 | xxxxxx | 6.981% | $5830.90 | $5830.90 | 6.750% | No | No | Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $16383.26 | 1 | xxxxxx | $732.48 | xxxxxx |  | $1135.00 |  | Monthly | 45.458% | 45.458% | 45.458% | 09/06/2022 | 791 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Employment Only - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $20498.75 | xxxxxx | 5.620% | $0.00 | 1 |  |  |  | No | No | 6.750% | 2 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $764836.91 | 64.000% | No | 30 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778478 | xxxxxx | Non QM | xxxxxx | Yes | No | $8795.00 | $9895.00 | xxxxxx | 7.848% | $2097.64 | $2097.64 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4392.54 | 1 | xxxxxx | $1006.44 |  |  |  |  |  | 43.685% | 43.685% | 43.685% | 09/07/2022 | 732 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 0 | 0 | No | xxxxxx | xxxxxx | $8795.00 | xxxxxx | 5.950% | $3000.00 | 2.6 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $412853.28 | 68.000% | No | 8 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778476 | xxxxxx | Non QM | xxxxxx | Yes | No | $6717.00 | $9087.17 | xxxxxx | 7.293% | $4083.41 | $4083.41 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8261.00 | 1 | xxxxxx | $1142.04 |  |  |  |  |  | 40.993% | 46.310% | 40.993% | 09/13/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx\| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $6717.00 | xxxxxx | 5.740% | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $190922.42 | 26.000% | No | 8 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778638 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4874.90 | $4874.90 | 7.990% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 3 | xxxxxx | $2289.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/06/2022 | 704 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.990% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.19 | 0.84 |  |  |  |  |  |  |  | xxxxxx | $380164.41 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778203 | xxxxxx | Non QM | xxxxxx | Yes | No | $23357.10 | $7256.70 | xxxxxx | 8.868% | $5270.89 | $5270.89 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8265.91 | 1 | xxxxxx | $7167.00 |  |  |  |  |  | 49.717% | 49.717% | 49.717% | 08/15/2022 | 645 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx\| Non-Primary Income - Sole Proprietor]; 1099 - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Account Statements - Personal - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $23357.10 | xxxxxx | 5.950% | $0.00 | 1.9 |  |  |  | N/A | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $453191.49 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 773093 | xxxxxx | Non QM | xxxxxx | Yes | No | $1530.00 | $2117.13 | xxxxxx | 9.914% | $1288.73 | $1288.73 | 9.750% | No | No | Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $2523.53 | 1 | xxxxxx | $1214.76 |  |  |  |  |  | 41.256% | 41.256% | 41.256% | 08/24/2022 | 546 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; The Work Number - Income - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $1530.00 | xxxxxx | 5.730% | $0.00 | 1.5 |  |  |  | Yes | No | 9.750% | 2 | 0 | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $100119.81 |  | No | 30 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777082 | xxxxxx | Non QM | xxxxxx | Yes | No | $4920.00 | $4707.55 | xxxxxx | 8.793% | $2488.93 | $2488.93 | 8.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $80244.52 | 1 | xxxxxx | $2461.56 |  |  |  |  |  | 7.932% | 7.932% | 7.932% | 08/10/2022 | 710 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx\| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4920.00 | xxxxxx | 5.280% | $0.00 | 2.2 |  |  |  | No | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $119952.30 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777480 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3166.48 | $3166.48 | 7.125% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $2342.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/26/2022 | 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 7.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $501479.48 | 59.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778852 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1140.11 | $1140.11 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1179.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/03/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.7 |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $2156749.22 | 100.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 776185 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3601.25 | $3601.25 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $339.96 | xxxxxx |  | $9918.00 |  | Annually | 0.000% | 0.000% | 0.000% | 07/31/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.2 |  |  |  | N/A | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.42 | 2.35 |  |  |  |  |  |  | 240 | xxxxxx | $543101.24 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777059 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1368.48 | $1368.48 | 9.625% | No | No |  |  |  |  | 0 |  |  |  | Non-Permanent Resident Alien |  |  |  |  |  |  | 3 | xxxxxx | $1749.60 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/05/2022 | 698 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.62 | 0.62 |  |  |  |  |  |  |  | xxxxxx | $145518.86 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777604 | xxxxxx | Non QM | xxxxxx | Yes | No | $14343.33 | $18282.37 | xxxxxx | 7.248% | $5704.52 | $6004.61 | 7.258% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $8872.49 | 1 | xxxxxx | $1241.04 |  |  |  |  |  | 46.227% | 50.975% | 46.227% | 08/24/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx\| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $14343.33 | xxxxxx | 5.420% | $0.00 | 1 |  |  |  | N/A | No | 7.258% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $45282.83 | 3.000% | No | 29 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778910 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3270.31 | $3270.31 | 8.625% | No | No |  |  |  |  | 0 | 0 |  |  | Foreign National | Foreign National |  |  |  |  |  | 1 | xxxxxx | $2533.68 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 300 | xxxxxx | $265000.00 | 38.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779031 | xxxxxx | N/A | xxxxxx | Yes | No | $18407.82 | $22676.14 | xxxxxx | 8.765% | $3239.84 | $3239.84 | 8.250% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4664.01 | 1 | xxxxxx | $873.00 | xxxxxx | xxxxxx | $435.00 |  | Monthly | 47.510% | 47.510% | 47.510% | 08/05/2022 | 726 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $18407.82 | xxxxxx | 6.380% | $0.00 | 2.5 |  |  |  | Yes | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 18.57 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $158107.51 | 27.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777914 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1652.40 | $1652.40 | 6.875% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1982.16 | xxxxxx |  | $450.00 |  | Annually | 0.000% | 0.000% | 0.000% | 08/09/2022 | 764 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 6.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.95 |  |  |  |  |  |  |  | xxxxxx | $92865.20 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 776986 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2143.75 | $2143.75 | 8.750% | No | No |  |  |  |  | 0 |  |  |  | Foreign National |  |  |  |  |  |  | 1 | xxxxxx | $501.96 | xxxxxx |  | $60.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/11/2022 | 769 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.5 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  | 240 | xxxxxx | $184274.88 | 44.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778404 | xxxxxx | Non QM | xxxxxx | Yes | No | $6506.50 | $8341.93 | xxxxxx | 8.573% | $1777.50 | $1777.50 | 8.250% | No | No | Self-Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $8222.98 | 1 | xxxxxx | $627.96 |  |  |  |  |  | 43.446% | 43.446% | 43.446% | 09/19/2022 | 758 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6506.50 | xxxxxx | 5.950% | $0.00 | 2.3 |  |  |  | Yes | No | 8.250% | 0 | 0 | 0 | 0 | 2 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $15410.02 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778387 | xxxxxx | Non QM | xxxxxx | Yes | No | $32725.00 | $32948.98 | xxxxxx | 8.685% | $9044.86 | $9044.86 | 8.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $51025.09 | 1 | xxxxxx | $6435.72 | xxxxxx |  | $1070.00 |  | Annually | 29.436% | 29.436% | 29.436% | 09/13/2022 | 745 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $32725.00 | xxxxxx | 6.090% | $39094.22 |  |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $295281.45 | 21.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778359 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3081.54 | $3081.54 | 7.875% | No | No |  |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $918.00 | xxxxxx |  | $195.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/09/2022 | 728 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.4 |  |  |  | No | No | 7.875% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.08 | 0.93 |  |  |  |  |  |  |  | xxxxxx | $233097.51 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778315 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2034.38 | $2034.38 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $638.04 | xxxxxx |  | $797.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 08/02/2022 | 796 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1.6 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  | 360 | xxxxxx | $341346.72 | 63.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779104 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6531.25 | $6531.25 | 9.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $9243.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/14/2022 | 724 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.65 | 1.54 |  |  |  |  |  |  | 240 | xxxxxx | $168637.84 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777897 | xxxxxx | Non QM | xxxxxx | Yes | No | $12390.75 | $13924.51 | xxxxxx | 9.275% | $2100.49 | $2100.49 | 8.750% | No | No | Self-Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $5808.30 | 1 | xxxxxx | $1218.00 |  |  |  |  |  | 33.153% | 33.153% | 33.153% | 08/18/2022 | 751 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $12390.75 | xxxxxx | 6.090% | $7000.00 | 1 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 3 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $24972.94 | 7.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 775619 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2842.09 | $2842.09 | 9.500% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1335.00 | xxxxxx |  | $34.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/22/2022 | 675 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 9.500% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.69 | 1.45 |  |  |  |  |  |  |  | xxxxxx | $0.00 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778143 | xxxxxx | Non QM | xxxxxx | Yes | No | $7556.00 | $13718.95 | xxxxxx | 8.121% | $4671.15 | $4671.15 | 8.500% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $24461.51 | 1 | xxxxxx | $465.00 | xxxxxx |  | $265.00 |  | Monthly | 47.148% | 47.148% | 47.148% | 09/07/2022 | 752 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | 0 | 0 | No | xxxxxx | Verus | $7556.00 | xxxxxx | 5.530% | $2500.00 | 1 |  |  |  | No | No | 8.500% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $378178.78 | 47.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779137 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2127.21 | $2127.21 | 9.875% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $777.00 | xxxxxx |  | $936.00 |  | Annually | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.85 | 1.17 |  |  |  |  |  |  |  | xxxxxx | $203024.77 | 54.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777299 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2879.37 | $2879.37 | 9.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 3 | xxxxxx | $1272.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/04/2022 | 700 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.46 | 0.68 |  |  |  |  |  |  |  | xxxxxx | $324008.20 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778308 | xxxxxx | Non QM | xxxxxx | Yes | No | $32102.50 | $38133.00 | xxxxxx | 7.835% | $6331.72 | $6331.72 | 7.450% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $16736.15 | 1 | xxxxxx | $1383.96 |  |  |  |  |  | 43.718% | 43.718% | 43.718% | 07/25/2022 | 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $32102.50 | xxxxxx | 6.380% | $0.00 | 1.3 |  |  |  | Yes | No | 7.450% | 0 |  | 0 | 0 | 4 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $557414.82 | 43.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778420 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1733.33 | $1733.33 | 8.000% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2668.08 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/31/2022 | 805 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 4.1 |  |  |  | Yes | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.17 | 0.85 |  |  |  |  |  |  | 240 | xxxxxx | $421392.72 | 70.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778114 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1676.56 | $1952.39 | 8.582% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $623.04 | xxxxxx |  | $16.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/08/2022 | 724 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1.8 |  |  |  | Yes | No | 8.582% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.96 | 1.04 |  |  |  |  |  |  |  | xxxxxx | $345926.61 | 82.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779058 | xxxxxx | Non QM | xxxxxx | Yes | No | $17490.00 | $22340.88 | xxxxxx | 9.318% | $5144.98 | $5144.98 | 8.990% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $40355.86 | 1 | xxxxxx | $954.00 | xxxxxx |  | $0.00 |  | Monthly | 36.219% | 36.219% | 36.219% | 07/18/2022 | 724 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 50.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 50.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; Transcripts (1040) - 2021 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $17490.00 | xxxxxx | 5.610% | $0.00 | 2 |  |  |  | Yes | No | 8.990% | 0 |  | 0 | 0 | 0 | 1 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $143968.25 | 18.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779117 | xxxxxx | Non QM | xxxxxx | Yes | No | $7637.00 | $12381.53 | xxxxxx | 7.856% | $3705.10 | $3705.10 | 7.875% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7159.82 | 1 | xxxxxx | $933.96 |  |  |  |  |  | 42.741% | 48.032% | 42.741% | 08/26/2022 | 758 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx\| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - Year Not Available | [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $7637.00 | xxxxxx | 6.120% | $0.00 | 1 |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $14515.79 | 2.000% | No | 32 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777463 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $14170.58 | $14170.58 | 9.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 8 | xxxxxx | $15653.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/25/2022 | 742 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.54 | 0.65 |  |  |  |  |  |  |  | xxxxxx |  |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778320 | xxxxxx | Non QM | xxxxxx | Yes | No | $19310.00 | $24398.53 | xxxxxx | 8.707% | $5297.70 | $5297.70 | 8.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6108.56 | 2 | xxxxxx | $1647.96 |  |  |  |  |  | 49.929% | 49.929% | 49.929% | 08/15/2022 | 782 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19310.00 | xxxxxx | 6.090% | $0.00 |  |  |  |  | No | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $261472.45 | 30.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778658 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2477.26 | $2477.26 | 8.625% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3224.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.82 | 1.22 |  |  |  |  |  |  |  | xxxxxx | $217806.11 | 44.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 773282 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1155.21 | $1155.21 | 7.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 2 | xxxxxx | $1071.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/04/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.54 | 0.65 |  |  |  |  |  |  |  | xxxxxx |  |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778379 | xxxxxx | Non QM | xxxxxx | Yes | No | $23247.50 | $14464.58 |  | 7.559% | $4209.27 | $4209.27 | 7.500% | No | No | Employed | Self-Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $9086.73 | 1 | xxxxxx | $834.96 |  |  |  |  |  | 46.859% | 51.346% | 46.859% | 09/13/2022 | 770 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $23247.50 |  | 5.740% | $0.00 | 1 |  |  |  | N/A | No | 7.500% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $364275.98 | 42.000% | No | 8 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778380 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2222.16 | $2222.16 | 8.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3035.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/31/2022 | 769 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.88 | 1.13 |  |  |  |  |  |  |  | xxxxxx | $4030.00 | 1.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777839 | xxxxxx | N/A | xxxxxx | Yes | No | $4567.50 | $8128.60 | xxxxxx | 8.631% | $3512.01 | $3512.01 | 8.500% | No | No | Employed | Self-Employed | Not Employed |  | 0 |  | xxxxxx | xxxxxx | xxxxxx |  |  |  |  |  | $15138.74 | 2 | xxxxxx | $1668.00 |  |  |  |  |  | 41.698% | 41.698% | 41.698% | 10/07/2022 | 776 | 775 | 752 | 765 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  | Level 2-Stated/Not Verified |  | Level 1-Not Stated/Not Verified |  | No | Yes | 12 | Business | 70.000% |  | 20.000% |  | [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2021<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 40.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Bank Statements \| % of Business Ownership: 40.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; Account Statements - Business - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Shared Bank Statements]; CPA Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 4506-C - 2018<br> [Coborrower]; 4506-C - 2021<br> [Coborrower]; 4506-C - 2020<br> [Coborrower]; 4506-C - 2019<br> [Coborrower]; 4506-C - 2018 | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $4567.50 | xxxxxx | 5.950% | $0.00 |  |  |  |  | No | No | 8.500% | 0 | 0 | 0 | 0 | 4 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $352526.33 | 56.000% | No | 29 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779080 | xxxxxx | Non QM | xxxxxx | Yes | No | $6693.40 | $3829.66 | xxxxxx | 8.894% | $2517.44 | $2517.44 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $17503.10 | 1 | xxxxxx | $1406.04 | xxxxxx |  | $192.00 |  | Monthly | 27.724% | 27.724% | 27.724% | 08/12/2022 | 761 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 24 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 24]; Third Party Verification - 2022 |  | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $6693.40 | xxxxxx | 6.380% | $50000.00 | 1 |  |  |  | Yes | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  | 24 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $20000.00 | 5.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778589 | xxxxxx | Non QM | xxxxxx | Yes | No | $19155.14 | $22009.98 | xxxxxx | 7.728% | $4002.47 | $4002.47 | 7.375% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9129.96 | 1 | xxxxxx | $2939.52 | xxxxxx |  | $900.00 |  | Annually | 44.009% | 44.009% | 44.009% | 09/08/2022 | 796 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $19155.14 | xxxxxx | 6.090% | $0.00 | 1 |  |  |  | No | No | 7.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $241060.23 | 33.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778586 | xxxxxx | Non QM | xxxxxx | Yes | No | $9759.00 | $11771.59 | xxxxxx | 7.853% | $2163.32 | $2163.32 | 7.500% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $4811.21 | 1 | xxxxxx | $882.84 | xxxxxx |  | $55.00 |  | Monthly | 48.232% | 48.232% | 48.232% | 09/28/2022 | 785 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $9759.00 | xxxxxx | 5.950% | $0.00 | 1 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $167574.85 | 38.000% | No | 8 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778161 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2246.29 | $2246.29 | 8.250% | No | No |  |  |  |  |  |  | Non-Permanent Resident Alien | Non-Permanent Resident Alien |  |  |  |  |  |  |  | 1 | xxxxxx | $1236.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/06/2022 | 684 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 2.4 |  |  |  | N/A | No | 8.250% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.05 | 0.95 |  |  |  |  |  |  |  | xxxxxx | $292330.92 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777862 | xxxxxx | N/A | xxxxxx | Yes | No | $30850.15 | $15521.41 | xxxxxx | 8.690% | $2653.10 | $2653.10 | 8.250% | No | No | Not Employed |  | Self-Employed |  | 2.66 |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  | $14335.83 | 1 | xxxxxx | $2907.00 |  |  |  |  |  | 33.295% | 33.295% | 33.295% | 09/06/2022 | 733 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  | Level 3-Stated/Partially Verified |  | Level 3-Stated/Verified as defined |  | No | No |  |  |  |  |  |  | [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Coborrower(s) - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $30850.15 | xxxxxx | 5.730% | $0.00 | 1 |  |  |  | No | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $55705.06 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779658 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1374.65 | $1374.65 | 9.750% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1362.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/23/2022 | 752 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 2.1 |  |  |  | Yes | No | 9.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $23299.51 | 12.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779118 | xxxxxx | Non QM | xxxxxx | Yes | No | $10668.00 | $6052.59 | xxxxxx | 10.275% | $3228.03 | $3228.03 | 10.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $8565.27 | 1 | xxxxxx | $955.20 |  |  |  |  |  | 39.905% | 39.905% | 39.905% | 09/07/2022 | 664 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Personal, Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 20.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Personal - 2021 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $10668.00 | xxxxxx | 6.380% | $7000.00 | 1.1 |  |  |  | No | No | 10.125% | 0 |  | 0 | 0 | 0 | 0 | 12 | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5025.00 | 1.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778700 | xxxxxx | Non QM | xxxxxx | Yes | No | $31375.00 | $47203.25 | xxxxxx | 8.333% | $14849.94 | $14849.94 | 8.125% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $28561.28 | 1 | xxxxxx | $2294.40 |  |  |  |  |  | 42.751% | 42.751% | 42.751% | 10/03/2022 | 759 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $31375.00 | xxxxxx | 6.090% | $10000.00 | 2.7 |  |  |  | No | No | 8.125% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $76500.00 | 3.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779719 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2592.62 | $2592.62 | 8.100% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 4 | xxxxxx | $2638.68 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/13/2022 | 706 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.100% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.37 | 0.73 |  |  |  |  |  |  |  | xxxxxx | $58667.54 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779720 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2592.62 | $2592.62 | 8.100% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 4 | xxxxxx | $2638.68 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/30/2022 | 646 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.100% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.44 | 0.69 |  |  |  |  |  |  |  | xxxxxx | $58845.28 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779721 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2592.62 | $2592.62 | 8.100% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 4 | xxxxxx | $2638.68 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  | 631 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.100% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.56 | 0.64 |  |  |  |  |  |  |  | xxxxxx | $58893.02 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779723 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4226.79 | $4226.79 | 8.300% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 4 | xxxxxx | $3791.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/22/2022 | 729 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 1-Not Stated/Not Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.300% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.7 | 0.59 |  |  |  |  |  |  |  | xxxxxx | $608716.11 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779726 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1166.69 | $1166.69 | 9.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1332.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 06/22/2022 | 807 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 2.08 | 0.48 |  |  |  |  |  |  |  | xxxxxx | $555929.46 | 100.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778821 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2312.50 | $2312.50 | 9.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1273.44 | xxxxxx |  | $690.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/01/2022 | 717 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.32 | 0.76 |  |  |  |  |  |  | 240 | xxxxxx | $507361.34 | 90.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779572 | xxxxxx | Non QM | xxxxxx | Yes | No | $29325.30 | $36280.73 | xxxxxx | 9.098% | $8351.71 | $8351.71 | 8.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $20068.96 | 1 | xxxxxx | $3582.36 | xxxxxx |  | $392.00 |  | Monthly | 36.376% | 36.376% | 36.376% | 09/07/2022 | 663 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2021<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2020 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $29325.30 | xxxxxx | 6.740% | $0.00 | 2.6 |  |  |  | No | No | 8.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx |  |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779889 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $588.60 | $588.60 | 9.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $569.28 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/22/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.21 | 0.83 |  |  |  |  |  |  |  | xxxxxx | $63231.24 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778388 | xxxxxx | Non QM | xxxxxx | Yes | No | $7481.50 | $8688.23 | xxxxxx | 8.860% | $1406.13 | $1406.13 | 8.375% | No | No | Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2784.70 | 1 | xxxxxx | $1247.04 |  |  |  |  |  | 49.795% | 49.795% | 49.795% | 09/08/2022 | 721 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; Paystubs - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2021<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 - 2020<br> [Borrower - xxxxxx \| Primary Income - Wages]; W-2 Transcript - 2020 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $7481.50 | xxxxxx | 6.380% | $0.00 | 2.5 |  |  |  | Yes | No | 8.375% | 2 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $26046.00 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 780078 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1563.66 | $1563.66 | 9.750% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1703.16 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/22/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 1-Not Stated/Not Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $168696.79 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777416 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3734.92 | $3734.92 | 7.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2405.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/25/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 2.1 |  |  |  | No | No | 7.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx | $4182.74 | 1.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778811 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1740.17 | $1740.17 | 7.875% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $1797.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/14/2022 | 699 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 7.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.17 | 0.86 |  |  |  |  |  |  |  | xxxxxx | $83764.38 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 775412 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1157.21 | $1157.21 | 8.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $633.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 10/10/2022 | 684 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 3.1 |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.1 | 0.91 |  |  |  |  |  |  |  | xxxxxx | $139987.91 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778460 | xxxxxx | Non QM | xxxxxx | Yes | No | $3375.00 | $4417.00 | xxxxxx | 9.411% | $1301.81 | $1301.81 | 9.125% | No | No | Not Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2309.92 | 1 | xxxxxx | $1434.00 |  |  |  |  |  | 47.111% | 47.111% | 47.111% | 08/15/2022 | 675 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Social Security]; Account Statements - 2022<br> [Borrower - xxxxxx \| Primary Income - Social Security]; Award Letter / Continuance Letter - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Account Statements - 2022<br> [Borrower - xxxxxx \| Non-Primary Income - Pension]; Award Letter / Continuance Letter - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019 | Other | Chapter 13 | xxxxxx | xxxxxx | 1 |  | 14.28 |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $3375.00 | xxxxxx | 5.950% | $0.00 | 2.2 |  |  |  | Yes | No | 9.125% | 0 |  | 0 | 0 | 3 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $185277.47 | 59.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779244 | xxxxxx | Non QM | xxxxxx | Yes | No | $21280.00 | $25009.80 | xxxxxx | 8.319% | $5459.21 | $5459.21 | 8.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $9851.28 | 1 | xxxxxx | $1860.00 |  |  |  |  |  | 42.881% | 42.881% | 42.881% | 09/15/2022 | 755 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 35.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $21280.00 | xxxxxx | 6.790% | $14880.00 | 3 |  |  |  | No | No | 8.000% | 0 |  | 0 | 0 | 2 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $251531.72 | 27.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779732 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $6282.57 | $6282.57 | 9.750% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $0.00 | xxxxxx |  | $202.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/16/2022 | 756 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 3-Stated/Partially Verified | Level 3-Stated/Partially Verified |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 5 |  |  |  | No | No | 9.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.67 | 1.49 |  |  |  |  |  |  |  | xxxxxx | $339811.37 | 35.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778707 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3856.29 | $3856.29 | 9.250% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 2 | xxxxxx | $3648.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 07/29/2022 | 771 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | No | No | 9.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.12 | 0.89 |  |  |  |  |  |  |  | xxxxxx | $201934.43 | 32.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 780079 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1550.96 | $1550.96 | 9.500% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $757.44 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/22/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 9.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1 | 1 |  |  |  |  |  |  |  | xxxxxx | $172508.77 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 780084 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1688.20 | $1688.20 | 8.990% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1466.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/23/2022 | 815 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 8.990% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.23 | 0.81 |  |  |  |  |  |  |  | xxxxxx | $237517.21 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779502 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3547.26 | $3547.26 | 8.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $3792.00 | xxxxxx |  | $2600.00 |  | Annually | 0.000% | 0.000% | 0.000% | 10/05/2022 | 731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.8 |  |  |  | Yes | No | 8.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.2 | 0.83 |  |  |  |  |  |  |  | xxxxxx | $696978.28 | 97.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778502 | xxxxxx | Non QM | xxxxxx | Yes | No | $8435.00 | $11760.29 |  | 7.727% | $3349.24 | $3349.24 | 7.500% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $6990.62 | 1 | xxxxxx | $698.16 |  |  |  |  |  | 43.073% | 43.073% | 43.073% | 09/15/2022 | 804 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $8435.00 |  | 5.950% | $5800.00 | 1 |  |  |  | N/A | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $161877.54 | 27.000% | No | 9 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779657 | xxxxxx | Non QM | xxxxxx | Yes | No | $4990.00 | $6767.10 | xxxxxx | 9.014% | $3572.45 | $3572.45 | 8.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $6884.39 | 1 | xxxxxx | $659.04 | xxxxxx |  | $100.00 |  | Monthly | 43.713% | 43.713% | 43.713% | 08/22/2022 | 723 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; Third Party Verification - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $4990.00 | xxxxxx | 6.740% | $15000.00 | 1 |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $172481.53 | 29.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 777489 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1109.38 | $1193.47 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1533.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/16/2022 | 719 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.88 |  |  |  |  |  |  | 360 | xxxxxx | $229925.00 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 780119 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $3209.38 | $3209.38 | 9.875% | No | No |  |  |  |  | 0 | 0 |  |  | xxxxxx | xxxxxx |  |  |  |  |  | 1 | xxxxxx | $4659.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/19/2022 | 742 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined | Level 4-Stated/Verified as defined |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | N/A | No | 9.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.74 | 1.35 |  |  |  |  |  |  | 240 | xxxxxx | $230524.80 | 44.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779818 | xxxxxx | Non QM | xxxxxx | Yes | No | $19501.95 | $21426.95 | xxxxxx | 10.068% | $6598.31 | $6598.31 | 9.750% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $24675.65 | 1 | xxxxxx | $7233.12 | xxxxxx |  | $226.00 |  | Monthly | 26.745% | 26.745% | 26.745% | 09/06/2022 | 764 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx\| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $19501.95 | xxxxxx | 7.000% | $20000.00 | 1 |  |  |  | Yes | No | 9.750% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.97 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $295159.94 | 31.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778049 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2138.86 | $2138.86 | 8.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $2466.00 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/14/2022 | 713 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.03 | 0.97 |  |  |  |  |  |  |  | xxxxxx | $59178.25 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779173 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1857.81 | $1857.81 | 10.250% | No | No |  |  |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  |  | 1 | xxxxxx | $1025.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 08/04/2022 | 759 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 4 |  |  |  | No | No | 10.250% | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.77 | 1.3 |  |  |  |  |  |  | 360 | xxxxxx | $199573.26 | 69.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 777854 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1381.24 | $1381.24 | 8.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1518.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/03/2022 | 695 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 2.5 |  |  |  | No | No | 8.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.57 | 0.64 |  |  |  |  |  |  |  | xxxxxx | $167907.14 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779016 | xxxxxx | N/A | xxxxxx | Yes | No | $13205.00 | $14755.86 | xxxxxx | 8.981% | $5310.23 | $5310.23 | 8.750% | No | No | Self-Employed | Not Employed |  |  |  |  | xxxxxx | xxxxxx |  |  |  |  |  |  | $89379.01 | 1 | xxxxxx | $1158.12 |  |  |  |  |  | 34.033% | 34.033% | 34.033% | 09/23/2022 | 779 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 45.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 45.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 45.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 45.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 45.00000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $13205.00 | xxxxxx | 6.380% | $0.00 | 2.9 |  |  |  | Yes | No | 8.750% | 0 | 0 | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $650834.55 |  | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779164 | xxxxxx | Non QM | xxxxxx | Yes | No | $16343.50 | $20313.33 | xxxxxx | 8.007% | $6454.19 | $6454.19 | 8.000% | No | No | Employed |  |  |  |  |  | Non-Permanent Resident Alien |  |  |  | xxxxxx |  |  |  | $9435.75 | 1 | xxxxxx | $2229.00 |  |  |  |  |  | 47.579% | 47.579% | 47.579% | 09/28/2022 | 746 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $16343.50 | xxxxxx | 5.870% | $0.00 | 3.2 |  |  |  | No | No | 8.000% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $120017.60 | 11.000% | No | 8 |  |  |  |  | Mortgagor Focus |
| xxxxxx | 778643 | xxxxxx | Non QM | xxxxxx | Yes | No | $13377.50 | $16055.84 | xxxxxx | 8.018% | $2254.97 | $2254.97 | 7.500% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $10954.26 | 1 | xxxxxx | $600.48 | xxxxxx |  | $250.00 |  | Monthly | 37.254% | 37.254% | 37.254% | 09/20/2022 | 725 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  | Third Party Prepared (Unaudited) | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; P&L Statement - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $13377.50 | xxxxxx | 7.000% | $0.00 | 1 |  |  |  | No | No | 7.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 20.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $142357.16 | 33.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 780175 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1166.68 | $1166.68 | 8.625% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1026.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/21/2022 | 737 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.3 |  |  |  | No | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.15 | 0.87 |  |  |  |  |  |  |  | xxxxxx | $236400.48 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 778343 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1168.75 | $1168.75 | 8.500% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2594.04 | xxxxxx |  | $60.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/02/2022 | 695 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 |  |  |  |  | Yes | No | 8.500% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.17 | 0.86 |  |  |  |  |  |  |  | xxxxxx | $7851.49 |  | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779816 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1530.46 | $1530.46 | 9.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1175.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/13/2022 | 720 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | No | No | 9.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.02 | 0.98 |  |  |  |  |  |  |  | xxxxxx | $71756.64 | 31.000% | No |  |  |  |  |  | Property Focused |
| xxxxxx | 779440 | xxxxxx | Non QM | xxxxxx | Yes | No | $16524.00 | $18392.28 | xxxxxx | 9.161% | $5370.60 | $5370.60 | 8.875% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $85220.32 | 1 | xxxxxx | $3933.00 | xxxxxx |  | $50.00 |  | Monthly | 7.461% | 7.461% | 7.461% | 10/04/2022 | 687 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Expense Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 24.60000% \| Expense Ratio Source: CPA Letter \| # of Bank Statements Required: 12]; Third Party Verification - 2022 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-C - 2020<br> [Borrower]; 4506-C - 2019<br> [Borrower]; 1084 or income worksheet - Year Not Available | Bank Statements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $16524.00 | xxxxxx | 6.790% | $1000.00 | 1 |  |  |  | Yes | No | 8.875% | 0 |  | 0 | 0 | 3 | 0 |  | 12 | 0.00 | Yes |  |  |  |  |  |  |  |  |  | xxxxxx | $10000.00 | 1.000% | No |  |  |  |  |  | Mortgagor Focus |
| xxxxxx | 779882 | xxxxxx | Non QM | xxxxxx | Yes | No | $6550.00 | $8252.92 | xxxxxx | 8.828% | $3297.83 | $3297.83 | 8.625% | No | No | Employed |  |  |  |  |  | Permanent Resident Alien |  |  |  |  |  |  |  | $7890.36 | 1 | xxxxxx | $793.20 |  |  |  |  |  | 35.332% | 35.332% | 35.332% | 09/29/2022 | 797 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Wages]; Other - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; VVOE - 2022<br> [Borrower - xxxxxx \| Primary Income - Wages]; WVOE - 2022 |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx | $6550.00 | xxxxxx | 7.000% | $5000.00 | 2.3 |  |  |  | N/A | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $80934.61 | 15.000% | No | 33 |  |  |  | UTD | Mortgagor Focus |
| xxxxxx | 779281 | xxxxxx | N/A | xxxxxx | Yes | No | $6504.00 | $8843.01 | xxxxxx | 9.469% | $1744.42 | $1744.42 | 9.000% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $33576.78 | 1 | xxxxxx | $560.04 | xxxxxx | xxxxxx | $368.00 |  | Monthly | 22.616% | 22.616% | 22.616% | 10/03/2022 | 667 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  | [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; CPA Letter - 2022<br> [Borrower - xxxxxx \| Primary Income - Sole Proprietor]; 1099 - 2021 | [Borrower]; 4506-C - 2021<br> [Borrower]; 4506-T - 2021<br> [Borrower]; 4506-T - 2020<br> [Borrower]; 4506-C - 2020 | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus | $6504.00 | xxxxxx | 6.790% | $0.00 | 1 |  |  |  | Yes | No | 9.000% | 0 |  | 0 | 0 | 2 | 0 |  |  | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $5000.00 | 2.000% | No |  |  |  |  | UTD | Mortgagor Focus |
| xxxxxx | 779668 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1772.24 | $1772.24 | 8.250% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $987.96 |  |  |  |  |  | 0.000% | 0.000% | 0.000% | 09/02/2022 | 778 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | xxxxxx |  |  |  | $0.00 |  |  |  |  | N/A | No | 8.250% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.14 | 0.88 |  |  |  |  |  |  |  | xxxxxx | $446672.95 |  | No |  |  |  |  | UTD | Property Focused |
| xxxxxx | 780128 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $2476.53 | $2476.53 | 9.375% | No | No |  |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  |  | 1 | xxxxxx | $1465.68 | xxxxxx |  | $513.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/22/2022 | 790 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus |  |  |  | $0.00 | 2.8 |  |  |  | Yes | No | 9.375% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.65 | 1.53 |  |  |  |  |  |  |  | xxxxxx | $104253.35 | 26.000% | No |  |  |  |  | UTD | Property Focused |
| xxxxxx | 779438 | xxxxxx | Non QM | xxxxxx | Yes | No | $9660.00 | $10575.48 | xxxxxx | 9.111% | $1878.36 | $1878.36 | 8.625% | No | No | Self-Employed |  |  |  |  |  | xxxxxx |  |  |  |  |  |  |  | $2384.64 | 1 | xxxxxx | $918.00 |  |  |  |  |  | 47.437% | 47.437% | 47.437% | 09/29/2022 | 689 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | Yes | 12 | Business | 100.000% | 100.000% |  |  | [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Account Statements - Business - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Telephone Listing / Internet Search / Directory Assistance - 2022<br> [Borrower - xxxxxx \| Primary Income - Bank Statements \| % of Business Ownership: 100.00% \| Expense Ratio: 50.00000% \| Expense Ratio Source: Fixed \| # of Bank Statements Required: 12]; Third Party Verification - 2022 |  | Bank Statements | Chapter 7 |  | xxxxxx | 1 | 59.64 |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | Verus | $9660.00 | xxxxxx | 6.740% | $0.00 | 4.2 |  |  |  | No | No | 8.625% | 0 |  | 0 | 0 | 0 | 0 |  | 12 | 0.00 | No |  |  |  |  |  |  |  |  |  | xxxxxx | $50286.65 |  | No |  |  |  |  | UTD | Mortgagor Focus |
| xxxxxx | 779123 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $1881.18 | $2085.55 | 9.525% | No | No |  |  |  |  |  |  | Foreign National |  |  |  |  |  |  |  |  | 1 | xxxxxx | $2510.04 |  |  |  |  |  | 0.000% | 0.000% | 0.000% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | No | xxxxxx | xxxxxx |  |  |  | $0.00 | 1 |  |  |  | Yes | No | 9.525% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 1.01 | 0.99 |  |  |  |  |  |  |  | xxxxxx |  |  | No |  |  |  |  | UTD | Property Focused |
| xxxxxx | 780172 | xxxxxx | N/A | xxxxxx | Yes | No |  |  |  |  | $4070.38 | $4070.38 | 9.875% | No | No |  |  |  |  | 0 |  |  |  | xxxxxx |  |  |  |  |  |  | 1 | xxxxxx | $1650.96 | xxxxxx |  | $849.00 |  | Monthly | 0.000% | 0.000% | 0.000% | 09/16/2022 | 744 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Level 4-Stated/Verified as defined |  |  |  |  |  | No | No |  |  |  |  |  |  |  |  | Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | Yes | xxxxxx | Verus |  |  |  | $0.00 | 2.8 |  |  |  | Yes | No | 9.875% | 0 |  | 0 | 0 | 0 | 0 |  |  | 0.00 | No | 0.71 | 1.4 |  |  |  |  |  |  |  | xxxxxx | $105480.17 | 16.000% | No |  |  |  |  | UTD | Property Focused |

---

## Exhibit 99.8

**EXHIBIT 99.8**

**AMC Tax and title report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Client LN** | **SitusAMC ID** | **Seller LN** | **Servicer LN** | **Address** | **City** | **ST** | **Zip** | **Trade** | **Title Report Effective Date** | **Title Report Date** | **Tax Certificate Effective Date** | **Subject Lien Recorded** | **Number of Pages Recorded** | **Subject Mortgage Originator** | **Origination Balance** | **Origination Date** | **Recording Date** | **Mortgage Book** | **Mortgage Page** | **Mortgage Doc Number** | **County of Recording** | **State of Recording** | **Critical Defect** | **SMtg Open** | **Address Variation** | **Origination Vesting** | **Current Vesting** | **SMtg First Position Mortgage** | **Prior Lien / Judgment** | **Municipal Lien** | **Association Super Lien** | **Property Tax Lien** | **Property Tax Status** | **SMtg Lien Position (Mortgages)** | **Critical Exception Count** | **Prior Mortgage Exception Count** | **Prior Mortgage Exception Total** | **Prior Mortgage Exception Details** | **Prior Lien Exception Count** | **Prior Lien Exception Total** | **Prior Lien Exception Details** | **Municipal Lien Exception Count** | **Municipal Lien Exception Total** | **Municipal Lien Exception Details** | **Property Tax Lien Exception Count** | **Property Tax Lien Exception Total** | **Property Tax Lien Exception Details** | **Association Lien Exception Count** | **Association Lien Exception Total** | **Association Lien Exception Details** | **IRS Lien Exception Count** | **IRS Lien Exception Total** | **IRS Lien Exception Details** | **Deed Vesting Exception Categories** | **Property Tax Status Issue** | **DQ Property Tax Amount** | **Property Tax Status Details** | **Final Event Level** | **Title Exceptions** | **Title Comments** |
| 753372 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 35 | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 2 | Subordinate Liens/Judgments | Subordinate Liens/Judgments were identified totaling $0.00 |
| 753372 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 35 | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | Fail | Pass | Pass | Pass | Pass | Pass | Pass | Fail | Pass | Pass | Pass | 1 | 3 |  |  |  | 0 |  |  | 3 | xxxxxx | xxxxxx Others, xxxxxx \| Dept of Building, xxxxxx \| Dept of Building, xxxxxx, $xxxxxx | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 3 | Subordinate Liens/Judgments<br>ECB Violation(s)<br>ECB Violation(s)<br>ECB Violation(s) | Subordinate Liens/Judgments were identified totaling $xxxxxx<br>A ECB Violations were filed against the subject property totaling $xxxxxx<br>A ECB Violations were filed against the subject property totaling $xxxxxx<br>A ECB Violations were filed against the subject property totaling $xxxxxx |
| 753833 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 15 | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777256 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 13 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777258 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 14 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777259 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 10 | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777261 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 13 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777266 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 18 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777283 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 17 | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  | Tax Report Not Available |  |  | 1 |  |  |
| 777284 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 14 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777286 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 12 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |
| 777287 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | Yes | 12 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | Pass | 1 | 0 |  |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  |  |  |  |  | 1 |  |  |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Client LN** | **SitusAMC ID** | **Seller LN** | **Servicer LN** | **Address** | **City** | **ST** | **Zip** | **Trade** | **Origination Balance** | **Origination Date** | **Unique Exception ID** | **Exception Grade** | **Raw Exception Grade** | **Exception Category** | **Exception Subcategory** | **Exception Type** | **SOL Expired** | **SOL Expiration Date** | **Title Policy** | **Title Policy Insurer** | **Title Policy Effective Date** | **Title Policy Exception** | **Paid on HUD** | **CBR Status** | **Borrower Vested on Title Policy** | **Lien Amount** | **Accrual Rate** | **Lienholder** | **Recording Date** | **Additional Exception Information** |
| 753372 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 21301049 | 2 | 2 | Title Diligence | Subordinate Lien | Subordinate Liens/Judgments |  |  |  |  |  |  |  |  |  |  |  |  |  | Subordinate Liens/Judgments - Subordinate Liens/Judgments were identified totaling $0.00 |
| 753372 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 24954333 | 3 | 3 | Title Diligence | Municipal Lien | ECB Violation(s) |  |  |  |  |  |  |  |  |  | xxxxxx |  | xxxxxx | xxxxxx | ECB Violation(s) - A ECB Violations were filed against the subject property totaling $xxxxxx |
| 753372 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 24954342 | 3 | 3 | Title Diligence | Municipal Lien | ECB Violation(s) |  |  |  |  |  |  |  |  |  | xxxxxx |  | xxxxxx | xxxxxx | ECB Violation(s) - A ECB Violations were filed against the subject property totaling $xxxxxx |
| 753372 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 24954443 | 3 | 3 | Title Diligence | Municipal Lien | ECB Violation(s) |  |  |  |  |  |  |  |  |  | xxxxxx |  | xxxxxx | xxxxxx | ECB Violation(s) - A ECB Violations were filed against the subject property totaling xxxxxx |
| 753372 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 26921302 | 2 | 2 | Title Diligence | Subordinate Lien | Subordinate Liens/Judgments |  |  |  |  |  |  |  |  |  |  |  |  |  | Subordinate Liens/Judgments - Subordinate Liens/Judgments were identified totaling $xxxxxx |

---

## Exhibit 99.9

**EXHIBIT 99.9**

**clayton services llc ("Clayton") due diligence narrative report**

![](tm2233586d1_ex99-9img001.jpg)

![](tm2233586d1_ex99-9img002.jpg)

**December 22, 2022<br> Due Diligence Narrative Report**

![](tm2233586d1_ex99-9img001.jpg)

**Table of Contents**

---

| | |
|:---|:---|
| **Clayton Contact Information** | **2** |
| **Overview** | **2** |
| **Originators** | **2** |
| **Clayton's Third Party Review ("TPR") Scope of Work** | **2** |
| &nbsp;&nbsp;&nbsp;Sponsor Acquisition Criteria | 3 |
| &nbsp;&nbsp;&nbsp;Loan Grading | 3 |
| &nbsp;&nbsp;&nbsp;TPR Component Review Scope | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property Valuation Review | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regulatory Compliance Review | 5 |
| &nbsp;&nbsp;&nbsp;Data Integrity | 7 |
| &nbsp;&nbsp;&nbsp;Data Capture | 7 |
| **Data Compare Results** | **7** |
| **Clayton Due Diligence Results** | **8** |
| **Clayton Third Party Reports Delivered** | **11** |
| **Appendix A: Credit Review Scope** | **12** |
| **Appendix B: Origination Appraisal Assessment** | **15** |
| **Appendix C: Regulatory Compliance Review Scope** | **18** |

---

 ****

VERUS 2023-1 Due Diligence Narrative Report Page \| 1 December 22, 2022

![](tm2233586d1_ex99-9img001.jpg)

**Clayton Contact Information**

Client Service Management:

---

| | | |
|:---|:---|:---|
| ![*](tm2233586d1_ex99-9img001.gif) | **Stephany Hoffman** | Client Service Manager |
|  |  | Phone: (813) 371-0269/E-mail: <u>swright@clayton.com</u> |
| ![*](tm2233586d1_ex99-9img001.gif) | **Joe Ozment** | Director of Securitization |
|  |  | Phone: (813) 261-0733/E-mail: <u>jozment@clayton.com</u> |

---

**Overview**

Clayton Services LLC (Clayton") conducted an independent third-party pre-securitization due diligence review of residential loans selected for the Verus Securitization 2023-1. The loans referenced in this narrative report were reviewed from 04/2019 to 11/2022 at Clayton's centralized underwriting facilities in Tampa, FL. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton's review. The population of 86 loans were purchased on a Reliance Letter.

**Originators**

Origination channels for the loans in this review:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | **Loan Count** | **Percentage** |
| &nbsp;&nbsp;Broker | 82 | 95.35% |
| &nbsp;&nbsp;Retail | 4 | 4.65% |
| &nbsp;&nbsp;**Total** | **86** | **100.00%** |

---

**Clayton'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. This is referred to as a "Full Review."

VERUS 2023-1 Due Diligence Narrative Report Page \| 2 December 22, 2022

![](tm2233586d1_ex99-9img001.jpg)

Sampling

For all originators in this transaction, 100% of the loans received a Full Review as described below.

Review Type Loan Counts

---

| | | |
|:---|:---|:---|
| ***Review Type*** | &nbsp;&nbsp;***Loan Count***<br> ***Reviewed by Clayton***  | ***Scope Applied*** |
| **Full Review** | 86 | Clayton performed a Full Review based on the scope described below in the section titled "TPR Component Review Scope". |
| **Total Loan Population** | 86 |  |

---

Sponsor Acquisition Criteria

The loan was underwritten to origination guidelines. Clayton was supplied with all the guidelines in advance of our review.

Clayton was supplied with all of the changes to the guidelines with advance notice.

Loan Grading

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

Clayton's loan grading complied with rating agency grading definitions published by S&P Global Ratings ("S&P") and Kroll Bond Rating Agency ("KBRA")

TPR Component Review Scope

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

VERUS 2023-1 Due Diligence Narrative Report Page \| 3 December 22, 2022

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Credit Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Sponsor
Acquisition Criteria cited above;

▪ Re-calculated LTV, CLTV, income, liabilities, and debt-to-income ratios (DTI) and compared these against
the Sponsor Acquisition Criteria;

▪ Analyzed asset statements in order to determine whether funds to close and reserves were within Sponsor
Acquisition Criteria;

▪ Confirmed that credit scores (FICO) and credit histories were within Sponsor Acquisition Criteria;

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

▪ Examined Data Verify/Fraudgaurd/Interthinx or similar risk evaluation report, which was ordered by the
Seller or Clayton and received by Clayton for Nationwide Mortgage Licensing System and Registry ("NMLS") and occupancy status
alerts. Clayton researched alert information against loan documentation and assigned loan conditions accordingly.

Property Valuation Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original Appraisal Assessment

---

| |
|:---|
| Clayton reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported. |
| For more detail on the original appraisal review scope and desk review definitions, please refer to <u>Appendix B</u> and to the guidelines cited above. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Value Supported Analysis (86 loans)

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· AVM

· CU Score

· BPO

· Desk Review

· Drive By

· Full Appraisal

Additional valuation product was not required when CU score provided was below 2.5. In the event the CU score was equal to or greater than 2.5, additional valuation product was obtained to confirm value was supported. In some cases additional desk reviews were ordered on loans with an acceptable CU score based on guidance from the seller.

VERUS 2023-1 Due Diligence Narrative Report Page \| 4 December 22, 2022

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Regulatory Compliance Review

Clayton's Regulatory Compliance scope of review conducted on this transaction included the elements summarized below. (For more detail, please refer to <u>Appendix C</u> and to the guidelines cited above.)

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Assessed compliance with state specific consumer protection laws by testing late charge and prepayment
penalty provisions;

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

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

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

– TIL APR and Finance charge tolerances;

– Timeliness of ARM Disclosures (if applicable);

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

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

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

Reviewed ATR/QM Ability to Repay (a/k/a Minimum Standards for Transactions): for applications on or after 1/10/2014. Clayton confirmed the loan files contain documentation to evidence the lender considered and verified the borrower's ability to Repay. This included identifying whether QM loans met agency exemptions or were underwritten in accordance with Appendix Q. Non-QM loans were reviewed to ensure the lender documented that they considered and verified the eight (8) underwriting factors required for ATR compliance in accordance with either their guidelines or the Sponsor Acquisition Criteria;

○ The ATR/QM Rules allow the lender to exclude up to two discount points from the 3% points and fees evaluation depending on the loan's undiscounted interest rate in relation to the APOR index rate. The ATR/QM Rule does not set the required rate reduction per discount point.

Clayton evaluated the lender's exclusion of discount points from the 3% points and fees calculation for all loans in this transaction using a 0.2% rate reduction threshold per discount point.

– Prepayment Penalty restrictions.

TRID: on applicable loans, test compliance with the Integrated Mortgage Disclosure rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Real Estate Settlement Procedures Act (RESPA) laws and regulations testing included:

– GFE initial disclosure timing and content;

– Confirmed the file contains the final HUD1 Settlement Statement;

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

– Homeownership Counseling Notice;

– Affiliated Business Disclosure if applicable.

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

VERUS 2023-1 Due Diligence Narrative Report Page \| 5 December 22, 2022

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

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

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

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

State and Federal High Cost and Higher-Priced:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Cook County High Cost Ordinance

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Chicago High Cost Ordinance

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

Anti-predatory lending laws

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Virginia Lender and Broker Act after 6/1/2008

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Minnesota §58 on or after 8/1/2008

Prepayment Penalties and Late Charges in certain states

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sufficiency of coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Escrow of insurance payments

VERUS 2023-1 Due Diligence Narrative Report Page \| 6 December 22, 2022

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

Data Integrity

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

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

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

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

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

Data Capture

Clayton collected data fields required to create American Securitization Forum ("ASF") and Standard and Poor's LEVELS 7.4.3 data disclosure requirements. Both of these file formats are provided as part of the pre-securitization reporting package. Additionally, Clayton captured rating agency required data points relating to ATR/QM determination, which is provided in the reporting package.

**Data Compare Results**

Clayton provided VMC Asset Pooler, LLC with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the seller versus the data captured by Clayton during the loan review.

Summary of data compare results:

---

| | | |
|:---|:---|:---|
| **Field Name** | **# of Loan** | **Accuracy** |
| Borrower 1 First Time Home Buyer | 6 | 93.02% |
| Borrower 1 Self-Employment Flag | 6 | 93.02% |
| Cash Reserves | 44 | 48.84% |
| Credit Report Date | 9 | 89.53% |
| Debt to Income (Back) | 8 | 90.70% |
| Debt to Income (Front) | 1 | 98.84% |
| Disbursement Date | 16 | 81.40% |
| Documentation Type | 35 | 59.30% |
| First Pay Change Date | 1 | 98.84% |
| First Rate Change Date | 10 | 88.37% |
| Months Reserves | 62 | 27.91% |

---

VERUS 2023-1 Due Diligence Narrative Report Page \| 7 December 22, 2022

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---

| | | |
|:---|:---|:---|
| Original Appraised Date | 14 | 83.72% |
| Original Appraised Value | 2 | 98.08% |
| Periodic Rate Cap | 31 | 63.95% |
| Product Type | 30 | 65.12% |
| Property Type | 6 | 93.02% |
| Representative Score for Grading | 2 | 98.08% |
| Total Cash Out | 33 | 61.63% |

---

**Clayton Due Diligence Results**

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

**Initial and Final Overall Loan Grade Results (S&P)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 60 | 1 | 10 | 3 | **74** |
| **Final** | **B** |  | 4 | 5 | 3 | **12** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **60** | **5** | **15** | **6** | **86** |

---

**Initial and Final Overall Loan Grade Results (KBRA)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** | **Overall Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | **A** | 60 | 1 | 10 | 3 | **74** |
| **Final** | **B** |  | 4 | 5 | 3 | **12** |
| **Final** | **C** |  |  |  |  | **0** |
| **Final** | **D** |  |  |  |  | **0** |
| **Final** | **Total** | **60** | **5** | **15** | **6** | **86** |

---

\*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.

VERUS 2023-1 Due Diligence Narrative Report Page \| 8 December 22, 2022

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**Initial and Final Credit Component Grade Results (S&P)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 71 |  | 7 | 1 | **79** |
| **Final** | B |  | 2 | 3 | 2 | **7** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **71** | **2** | **10** | **3** | **86** |

---

**Initial and Final Credit Component Grade Results (KBRA)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** | **Credit Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 71 |  | 7 | 1 | **79** |
| **Final** | B |  | 2 | 3 | 2 | **7** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **71** | **2** | **10** | **3** | **86** |

---

**Initial and Final Property Valuation Grade Results (S&P)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 83 |  | 1 | 2 | **86** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **83** | **0** | **1** | **2** | **86** |

---

**Initial and Final Property Valuation Grade Results (KBRA)** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** | **Property Valuation Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 83 |  | 1 | 2 | **86** |
| **Final** | B |  |  |  |  | **0** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **83** | **0** | **1** | **2** | **86** |

---

VERUS 2023-1 Due Diligence Narrative Report Page \| 9 December 22, 2022

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**Initial and Final Regulatory Compliance Grade Results (S&P)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 57 | 2 | 6 | 1 | **66** |
| **Final** | B |  | 3 | 2 | 1 | **6** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **57** | **5** | **8** | **2** | **72** |

---

***\*compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review***

**Initial and Final Regulatory Compliance Grade Results (KBRA)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** | **Compliance Grade Migration** |
| | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** | **Initial** |
| **Final** | | **A** | **B** | **C** | **D** | **Total** |
| **Final** | A | 57 | 2 | 6 | 1 | **66** |
| **Final** | B |  | 3 | 2 | 1 | **6** |
| **Final** | C |  |  |  |  | **0** |
| **Final** | D |  |  |  |  | **0** |
| **Final** | **Total** | **57** | **5** | **8** | **2** | **72** |

---

***\*compliance results may not tie to total loan count based on business entity loans not being subject to a regulatory compliance review***

VERUS 2023-1 Due Diligence Narrative Report Page \| 10 December 22, 2022

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**Clayton Third Party Reports Delivered**

Clayton furnished the following reports on this transaction:

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

&nbsp;&nbsp;&nbsp;&nbsp;2. Conditions Report

&nbsp;&nbsp;&nbsp;&nbsp;3. Loan Level Tape Compare Upload

&nbsp;&nbsp;&nbsp;&nbsp;4. Valuations Summary Reports

&nbsp;&nbsp;&nbsp;&nbsp;5. Rating Agency Grades 2.0

&nbsp;&nbsp;&nbsp;&nbsp;6. Business Purpose Supplement

&nbsp;&nbsp;&nbsp;&nbsp;7. ASF Report

&nbsp;&nbsp;&nbsp;&nbsp;8. ASF Supplement

&nbsp;&nbsp;&nbsp;&nbsp;9. Attestation Forms

&nbsp;&nbsp;&nbsp;&nbsp;10. Non\QM ATR Upload

VERUS 2023-1 Due Diligence Narrative Report Page \| 11 December 22, 2022

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**Appendix A: Credit Review Scope**

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

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

○ DTI

○ LTV/TLTV/HLTV

○ Credit score

○ Income and employment

○ Assets and reserves

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

○ Borrower eligibility, including:

– Citizenship status <br> – Non-occupant co-borrower

○ Transaction eligibility, including:

---

| |
|:---|
| Maximum loan amount |
| Loan purpose |
| Occupancy |

---

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

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

○ Uniform Residential Loan Application reviewed to determine:

– Initial loan application was in the loan file and was signed by all borrowers <br> – Final loan application was in the loan file and was complete <br> – Information and debts disclosed on loan application aligned with related documentation in the loan file

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

---

| |
|:---|
| Income documentation |
| Verbal and/or written verifications of employments (VVOE, VOE) |
| CPA letter |
| Business licenses |
| Tax transcripts (IRS Form 4506-T) |
| Other documentation in loan file |

---

○ Income review included:

– Required income documentation for all borrowers was present and within required time period <br> – Documents did not appear to have been altered or inconsistent <br> – IRS Form 4506-T

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

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

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

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

VERUS 2023-1 Due Diligence Narrative Report Page \| 12 December 22, 2022

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

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

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

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

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

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

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

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

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

○ Asset review included:

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

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

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

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

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

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

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

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

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

○ Credit Report review included:

---

| |
|:---|
| Complete copy of report was in loan file |
| Report was dated within required timeframe |
| All borrowers were included in the report |
| Checked any fraud alerts against related loan file documentation |
| Verified all disclosed mortgage debt on credit report against the loan application (under the schedule of real estate owned) for accurate debt ratio calculation |
| Compared liabilities listed on the credit report against the loan application for accurate debt ratio calculation |
| Captured and utilized appropriate credit score for guideline review |

---

○ Title policy review included:

– Title interest – determined if

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

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

---

| |
|:---|
| Appropriate vestee(s) were listed on title policy |
| Amount of coverage was greater than or equal to the original principal amount of the mortgage |
| Applicable title endorsements were present |
| Checked for any encumbrances, encroachments and other title exceptions affecting the lien identified through the title search; verified that each issue was addressed in the transaction |
| Reviewed the chain of title and duration of ownership by seller or borrower (whichever was applicable) |
| Captured monthly tax payments in debt ratio calculation |

---

○ HUD1 (Settlement Statement) review included:

– Funds to close identified and analyzed against borrower's assets <br> – Seller contributions did not exceed maximum allowed <br> – Subject property, seller and borrower aligned with other loan documentation

VERUS 2023-1 Due Diligence Narrative Report Page \| 13 December 22, 2022

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– Disbursements and pay-offs included in debt ratio calculations <br> – Loan purpose confirmed

○ Hazard/Flood insurance review included:

– Verified presence of required hazard insurance and flood insurance (if required) <br> – Confirmed that any required insurance was for the:

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

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

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

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

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

---

| |
|:---|
| Confirmed that any required insurance minimum coverage amount and policy period |
| Reviewed for evidence that any required insurance policy premium was paid |
| Confirmed that the mortgagee clause listed the lender's name and "its successors and assigns" |
| Confirmed that the payment amount on any required insurance was included in the debt ratio calculation |

---

○ Mortgage Insurance review included:

---

| |
|:---|
| Determined if mortgage insurance is required |
| Captured mortgage insurance name, certificate # and percentage guarantee (when required) |

---

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

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

○ Borrower identity

– Social Security inconsistencies <br> – Borrower name variations

○ Occupancy

– Borrower address history <br> – Subject property ownership history

○ Employment

○ Licensing – reviewed NMLS data for:

– Mortgage lender/originator

– Loan officer

○ OFAC

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**Appendix B: Origination Appraisal Assessment**

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

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

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

---

| |
|:---|
| FNMA 1004/FHLMC 70 – Uniform Residential Appraisal Report. Used for 1-unit properties, units in planned unit developments (detached PUDs) and condominium projects that consist solely of detached dwelling (site condominium) |
| FNMA 1073/FHLMC 465 – Individual Condominium Report. Used to appraise a unit in a condominium project or a condominium unit in a PUD (attached PUD) |
| FNMA 1025/FHLMC 72 – Small Residential Income Property Appraisal Report. Used for all two-to-four unit residential income properties, including two-to-four unit properties in a PUD |
| FNMA 2090 – Individual Cooperative Appraisal Report. Used for individual cooperative units |
| FNMA 2000/FHLMC 1032 – One Unit Residential Appraisal Field Review |
| FNMA 2000a/FHLMC 1072 – Two to Four Unit Residential Appraisal Field Review |

---

○ Appraisal report was reasonably complete and included:

---

| |
|:---|
| Appraisal report form, certification, statement of limiting conditions and scope of work |
| Accurate identification of the subject property |
| Accurate identification of the subject loan transaction |
| Accurate identification of the property type, in both land and improvements |

---

- All required attachments including:

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

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

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

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

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

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

---

| |
|:---|
| Evidence that appraisal report was made "As Is" or provided satisfactory evidence of completion for all material conditions |
| Appraisal date met supplied Sponsor Acquisition Criteria |
| If applicable to Sponsor Acquisition Criteria requirements, a second full appraisal was furnished and met Sponsor Acquisition Criteria |

---

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

○ Title XI of FIRREA:

---

| |
|:---|
| If the appraisal was completed by a trainee or licensed appraiser unqualified to independently sign the report, an appropriately licensed appraiser co-signed as a supervisory appraiser and inspected the property |
| Determined that either the appraiser or supervisory appraiser was appropriately licensed by verifying the appraiser's license included in the appraisal. |
| Reviewed for the presence of any "red flags" related to the mortgaged property that may have posed a risk to the property or occupants |

---

○ USPAP

- Confirmed that the appraiser developed and communicated their analysis, opinion, and conclusion to intended users of their services in a manner that is meaningful and not misleading and that the appraisal is signed.

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

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

---

| |
|:---|
| Comps used were located reasonably close to the subject property and if not the reason was satisfactorily explained |
| Comps used were reasonably recent in transaction date and if not the reason was furnished |
| Comps used were reasonably similar to the subject property and if not an explanation was supplied |
| Appraised value of the subject was bracketed by the sales prices of the comps and if not the reason was furnished |
| Adjustments were reviewed and appeared reasonable utilizing the 15% net/25% gross guideline. |

---

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

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

---

| |
|:---|
| Appraisal was made on an "As Is" basis or provides satisfactory evidence of completion of all material conditions |
| Property usage was reviewed for zoning compliance |
| Property utilization was reviewed to determine it was "highest and best use" |
| Neighborhood values were reviewed to determine if declining |
| Market conditions were reviewed to determine indication of possible marketability issues: |

---

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

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

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

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

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

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

---

| |
|:---|
| Physical condition of the property was reviewed to determine that the property condition was average or better |
| Style of property was reviewed to determine if unique property |
| Any health and safety issues were noted and/or remediated |
| Locational and/or environmental concerns adequately addressed if present |

---

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

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○ 3 to 4 unit owner occupied properties

○ 2 to 4 unit second homes

○ Unwarrantable or limited review condominiums

○ Manufactured or mobile homes

○ Condotel units

○ Unique properties

○ Working farms, ranches or orchards

○ Mixed-use properties

○ Properties subject to existing oil or gas leases

○ Properties located in Hawaii Lava Zones 1 and 2

○ Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

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

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

F. Disclaimer

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

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

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

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

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

G. Desk Review definitions

○ Clear Capital "CDA" means a written retrospective analysis of an appraisal of residential real property relating to completeness, reasonableness, and relevance. The relevant appraisal shall be provided to Clear Capital by Customer. The CDA will offer an alternative value, if deemed appropriate, based on the analysis of the competitive market as of the effective date of the appraisal provided. The CDA will also provide an analysis of the appraisal provided, including supporting narrative and data to fully support the CDA value and outline deficiencies within the appraisal. The CDA will also contain a Risk Score and Risk Indicators based upon the findings of the analysis for the appraisal provided to Clear Capital by Customer.

○ ProTeck's Appraisal Risk Review (ARR) is an enhanced desk review of the original appraisal in the file completed by a licensed appraiser. The ARR validates subject and comparable data and characteristics, confirms the original appraiser's methodologies, credentials, and commentary to ensure compliance with regulatory requirements and industry accepted best practices, and flags all risk factors while also providing a final value reconciliation used to grade the loan.

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**Appendix C: Regulatory Compliance Review Scope**

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

○ TILA/RESPA Integrated Disclosure Rule: "The Initial TRID Scope"

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Pre-application forms cannot look similar to the LE

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The LE was delivered or placed in the mail within 3 business days of the broker or lender receiving an 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;· The loan does not consummate (Clayton looks to the later of the note date or notary date) until the later of seven business days after
the LE is delivered or placed in the mail and three business days after the CD (or Corrected CD when a new three-day waiting period is
triggered) is received.

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Zero and ten percent tolerance fees are only reset with a valid and timely change of circumstance.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Interest-only periods and final balloon payments are accurately completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The total of the principal and interest payment, mortgage insurance and escrow amounts add up correctly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· When applicable, that the AIR and AP tables are consistent with Clayton's calculations.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Amount Financed

· Finance Charge

· Total of Payments

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Total interest percentage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Technical 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;· Compliance with the TRID rounding rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compliance with specified formatting 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;· Compliance with date entry requirements (such as when a field, if not applicable, must be present and left blank).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Alphabetization of 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;· Title fees preceded by "Title –."

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Once a fee is disclosed it must remain substantially the same name across 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;· Consistency between the Costs at Closing and Calculating Cash to Close tables, for which there is a version for transactions with
a seller and an optional, but not required, version for transactions without a seller. They should be consistent within and across disclosures.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Escrow amounts disclosed in the Projected Payments section tie out to the escrow amounts detailed in the Loan Disclosures section.

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· That there is either a signature or a Loan Acceptance statement on the form.

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

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

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the product or a product feature changed which requires a new waiting period and whether that waiting period was provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether a prepayment penalty was added requiring a new waiting period and whether that waiting period was provided.

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Corrected CD's provided with a post-close refund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Post-close CD's to correct numerical errors based on events (such as recording) occurring within 30 days of 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;· Post-close CD's to correct non-numerical clerical errors required within 60 days of consummation.

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

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Provision and timing of Your Home Loan Toolkit (first lien, purchase-money 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;· Written List of Providers, when there are items in in the Services You Can Shop For category (can impact fee tolerances)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Affiliated Business Disclosure (can impact fee tolerances)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Whether the Liability after Foreclosure selection is correct for the property state.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the Aggregate Adjustment amount.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Presence and accuracy of the Seller's Transaction columns of the Summaries of Transactions section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accuracy of the Contact Information for the lender, broker and settlement agent. Clayton will look for discrepancies across forms,
but is not independently verifying the information.

**C.** **FACTA** - the Credit Score, Key Factors, and Notice to Home Loan Applicant disclosures

**D.** **HMDA** – Whether the loans is Rate Spread threshold reportable.

**<u>STATE, COUNTY and MUNICIPAL LAW</u>**

**A.** **Higher-Priced** 

Clayton tests whether a loan meets the thresholds for a higher-priced, rate spread, subprime or nonprime mortgage loan, and whether such loan meets regulatory requirements, in the following states:

---

| | | |
|:---|:---|:---|
| **Higher-Priced** | **Higher-Priced** | **Higher-Priced** |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;New York |
| &nbsp;&nbsp;Connecticut | &nbsp;&nbsp;Massachusetts (subprime ARMS to first time homebuyers) | &nbsp;&nbsp;North Carolina |
| &nbsp;&nbsp;Maine | &nbsp;&nbsp;Minnesota |  |

---

**B.** **State/Local High Cost** 

Clayton tests whether a loan meets the thresholds for a high cost or covered loan in the following states, counties and municipalities, and also tests for compliance with provisions in such laws that apply to all loans subject to high-cost testing:

---

| | | |
|:---|:---|:---|
| **State/Local High Cost** | **State/Local High Cost** | **State/Local High Cost** |
| &nbsp;&nbsp;Arkansas | &nbsp;&nbsp;Maine | &nbsp;&nbsp;Pennsylvania |
| &nbsp;&nbsp;California | &nbsp;&nbsp;Maryland | &nbsp;&nbsp;Rhode Island, including the Providence ordinance |
| &nbsp;&nbsp;Colorado | &nbsp;&nbsp;Massachusetts | &nbsp;&nbsp;South Carolina |

---

VERUS 2023-1 Due Diligence Narrative Report Page \| 21 December 22, 2022

![](tm2233586d1_ex99-9img001.jpg)

---

| | | |
|:---|:---|:---|
| **State/Local High Cost** | **State/Local High Cost** | **State/Local High Cost** |
| &nbsp;&nbsp;Connecticut | &nbsp;&nbsp;Nevada | &nbsp;&nbsp;Tennessee |
| &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;New Jersey | &nbsp;&nbsp;Texas |
| &nbsp;&nbsp;Florida | &nbsp;&nbsp;New Mexico | &nbsp;&nbsp;Utah |
| &nbsp;&nbsp;Georgia | &nbsp;&nbsp;New York | &nbsp;&nbsp; Vermont<br> (High Rate, High Point law) |
| &nbsp;&nbsp;Illinois, including the Cook County and Chicago ordinances | &nbsp;&nbsp;North Carolina | &nbsp;&nbsp;Wisconsin |
| &nbsp;&nbsp;Indiana | &nbsp;&nbsp; Ohio, including<br> Cleveland Heights ordinance |  |
| &nbsp;&nbsp;Kentucky | &nbsp;&nbsp;Oklahoma |  |

---

**C.** **Anti-Predatory** 

Several states have laws that do not create a separate class of high cost or higher-priced mortgage loans, but set APR or finance charge ceilings and may also set forth similar anti-predatory lending restrictions as found in high cost laws. Clayton tests for compliance with such laws in the following states:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Minnesota (Mortgage Originator and Service Licensing Act)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Puerto Rico (Office Regulation 5722)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Texas (Texas Finance Code)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· West Virginia (Residential Mortgage Lender, Broker and Servicer Act).

**D.** **Borrower's Interest** 

Clayton uses a module that reports to the client the factors that the client can weigh to determine whether or not the loan is in the borrower's interest, and also makes a mathematical determination as to whether or not there is at least one benefit. This module is only used in the following states, where the laws or releases by the regulators provide an indication of some standards that can be applied.

---

| | | |
|:---|:---|:---|
| **Borrower's Interest** | **Borrower's Interest** | **Borrower's Interest** |
| &nbsp;&nbsp;Maine | &nbsp;&nbsp;Ohio | &nbsp;&nbsp;South Carolina |
| &nbsp;&nbsp;Massachusetts | &nbsp;&nbsp;Rhode Island |  |

---

**E.** **Consumer Protection** 

Several states have laws that neither create a separate class of high cost or higher-priced mortgagee loan, nor impose a ceiling on the overall fees or APR, but nonetheless contain requirements and restrictions on mortgage loans that may impact the assignee or the lien. Clayton tests for compliance with such laws, including late charge and prepayment penalty provisions, in the following states and municipalities:

VERUS 2023-1 Due Diligence Narrative Report Page \| 22 December 22, 2022

![](tm2233586d1_ex99-9img001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Consumer Protection** | &nbsp;&nbsp;**Consumer Protection** |
| &nbsp;&nbsp;Alabama (the "Mini-code") | &nbsp;&nbsp;Nebraska (Mortgage Bankers Registration and Licensing Act and the Installment Loan Act) |
| &nbsp;&nbsp;Hawaii (Financial Services Loan Company Act) | &nbsp;&nbsp;Nevada (AB 440 |
| &nbsp;&nbsp;Idaho (Residential Mortgage Practices Act) | &nbsp;&nbsp;Ohio (Consumer Sales Practices Act; whether the loan is in Summit County) |
| &nbsp;&nbsp;Illinois (both versions of the Cook County Predatory Lending Database; Illinois Residential Mortgage Licensing Act) | &nbsp;&nbsp;Texas (Article XVI, Section 50(a)(6) of the Texas Constitution) |
| &nbsp;&nbsp;Iowa (Consumer Credit Code) | &nbsp;&nbsp;Utah (Consumer Credit Code) |
| &nbsp;&nbsp;Kansas (Consumer Credit Code) | &nbsp;&nbsp;Virginia (Mortgage Lender and Broker Act) |
| &nbsp;&nbsp;Kentucky (HB 552) | &nbsp;&nbsp;Washington (Consumer Loan Act and Responsible Mortgage Lending Act) |
| &nbsp;&nbsp;Maryland (DLLR Regulations, Commercial Law) | &nbsp;&nbsp;West Virginia (Consumer Credit Protection Act) |
| &nbsp;&nbsp;Massachusetts (Attorney General regulations) | &nbsp;&nbsp;Wyoming (Residential Mortgage Practices Act) |
| &nbsp;&nbsp;Michigan (Consumer Mortgage Protection Act) |  |

---

See attached Exhibit A - Consumer Protection Laws for additional details on the specific components of the aforementioned Consumer Protection laws that are evaluated as part of the Clayton Compliance Review Scope:

**F.** **Texas Equity** 

In addition to identifying whether Texas refinances are cash out transactions subject to the Texas Constitution Article 16 Section 50(a)(6) requirements, Clayton reviews the title report to confirm prior loans being refinanced are continuous purchase money and not (a)(6) loans. In the event a loan is determined to be a Texas Home Equity loan, the underwriter reviews the loan images to confirm the loan meets the Texas requirements including maximum LTV/CLTV, 3% fee cap, product restrictions and the required disclosures were provided to the borrower in accordance with required timelines.

**<u>GSE Testing</u>**

Clayton can review loans to determine whether they comply with Fannie Mae's and Freddie Mac's Points and Fees threshold tests. These fee limitations of 5% for all loans with application dates prior to 1/10/2014 were reduced to 3% on Primary and Second Homes for applications on or after 1/10/2014. If requested, loans can be reviewed to determine whether the loan is a residential mortgage transaction ineligible for delivery due to its APR or fees exceeding the HOEPA thresholds. Clayton offers Lender Letter and non-traditional mortgage testing for Fannie Mae. (Note: Fannie Mae requires a non-disclosure agreement between the client and Fannie Mae for Clayton to report these results.)

**<u>Disclaimer</u>**

Please be advised that Clayton has not determined whether the Loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances, including, but not limited to, licensing and general usury laws that set rate and/or fee limitations, unless listed above. Clayton's review is focused on issues that raise concerns for secondary market investors and other assignees, based on potential for assignee liability, an adverse impact on the lien, and regulatory, litigation and headline risk.

VERUS 2023-1 Due Diligence Narrative Report Page \| 23 December 22, 2022

![](tm2233586d1_ex99-9img001.jpg)

Clayton's review is not designed to fully test a lender's compliance with all applicable disclosure and licensing requirements. Furthermore, the findings reached by Clayton are dependent upon its receiving complete and accurate data regarding the Loans from loan originators and other third parties. Please be further advised that Clayton and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clayton do not constitute legal advice or opinions.© 2022 Clayton Services LLC. All rights reserved.

This material is confidential and may not be copied, used, or distributed without the written permission of Clayton Services LLC

VERUS 2023-1 Due Diligence Narrative Report Page \| 24 December 22, 2022

## Exhibit 99.10

**EXHIBIT 99.10**

**clayton conditions report**

---

| | |
|:---|:---|
| **Client Name:** | **Verus** |
| **Client Project Name:** | **Verus 2023-1** |
| **Start - End Dates:** | **4/2019 - 11/2022** |
| **Deal Loan Count:** | **86** |
| **Conditions Report** | **Conditions Report** |
| **Loans in Report:** | 86 |
| **Loans with Conditions:** | 38 |

---

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **Original Principal Balance** | **State** | **Initial Lender ATR/QM Status** | **Loan Level ATR/QM Status** | **KBRA Initial Securitization Compliance Loan Grade** | **KBRA Final Securitization Compliance Loan Grade** | **Initial S&P Compliance Loan Grade** | **Final S&P Compliance Loan Grade** | **Condition Category** | **ConditionSub Category** | **Condition Status** | **Condition Code** | **Condition Description** | **Condition Material Indicator** | **Initial Comments** | **Client/Seller Response Comments** | **Conclusion Comments** | **TRID Error Type** | **Cure Method** | **Compensating Factors** |
| 779553 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 59.18% LTV is below guideline 75%<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Mortgage paid off 5/22 reflects 0x30, 60, 90 past 12 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in same profession for 7 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets: $56,709.51 or 18.37 months PITI |
| 779553 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 59.18% LTV is below guideline 75%<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Mortgage paid off 5/22 reflects 0x30, 60, 90 past 12 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in same profession for 7 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets: $56,709.51 or 18.37 months PITI |
| 779478 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $132,175.37 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 757 exceed guidleines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 3 years 3 months |
| 779478 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $132,175.37 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 757 exceed guidleines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 3 years 3 months |
| 779130 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | Exception Satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $115,025.65 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 779 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 15 years |
| 779130 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. | This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | Exception Satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $115,025.65 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 779 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 15 years |
| 763774 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI < 15%<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for over 7 years<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in profession for over 13 years |
| 768249 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Fico 771<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Mortgage payment history is in good standing. No lates within the last 24 months.<br>CFCFS1750: High potential for increased earnings<br> - Clayton Comments: DSCR 3.41 |
| 768754 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 747 VS 680<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: 75% VS 80%<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: 5 YRS VS 2 YRS |
| 769249 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 761 exceeds guideline<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 18 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months |
| 769273 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 733 exceed guidelines<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified cash reserves $54,542.71 exceed guidelines<br>CFCFS2860: Good credit history<br> - Clayton Comments: Borrower has no derogatory on credit report |
| 769393 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Required Reserves: 6 months x $2,346.67= $14,080.02Available Reserves: $204,676.86<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qual score- 760; Program min- 680<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrowers have only made use of 1.56% of an available $21,000.00 open credit line |
| 770081 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $141,410.59 exceed guidelines<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: Borrower DTI is below guideline requirements<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in her profession for 15 years |
| 770836 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past due in 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been self employed since 2015 per SOS. |
| 771200 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower in been is profession for 8 years<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $24,402.70 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for 5 years |
| 771207 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qualifying fico is 757<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 consumer credit in past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 45.98 months piti reserves in file |
| 778886 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D | A | A D | A | A | Credit | Legal Documents | Satisfied D A | CRDLGL2420 | Missing HUD-1 (Final and Estimated) | No | Missing HUD-1. | 10.31.22- Provided final signed HUD-1 | 10.31.2022- Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $229,612.41 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 766 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for 5 years |
| 771212 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrower has 0% credit utilization in file<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 mortgage lates in past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qualifying fico is 699 |
| 771370 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Fico 744<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Owns multiple properties, 4 mortgaged and 0 x 30 for over 60 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower has $100K in reserves after closing |
| 771838 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantors has lived at current residence for 5 years.<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 695 exceeds 680 |
| 771960 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence for 15 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $62,653.88 or 52.65 months PITI<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 743 exceeds 680<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60 90 past 12 months |
| 771961 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Guarantor has lived at current residence for 15 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit Score 743 exceeds 680<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Guarantor has been in the same profession for 14 years |
| 778854 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | A | A C | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 682 is greater than 660 per guideline<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been self employed for 4 years |
| 772046 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 3.6 years<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 752 exceeds guideline minimum<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $311,520.71 or 117.06 months PITI |
| 772134 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Qualifying LTV 70.00% below program maximum 85.00%.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: $269,752.47 in total assets documented, all funds liquid. Funds required to close $176,067.73 ($18,000 EMD cleared prior to close). Cash reserves $93,684.74. No reserves required. Reserves surplus $93,684.74.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Representative credit score 771 above program requirement 680.<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrower has minimum use of consumer credit. Six tradelines with line usage ratio of 5.01%.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Mortgage history reports 5 mos. 0x30, 5 mos. 0x30, 3 mos. 0x30, 48 mos. 0x30, 1 mos. 0x30, and 70 mos. 0x30. |
| 772140 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit Score 721 exceeds 680 guideline<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0X30, 60, 90 PAST 22 months |
| 772226 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $109,852.06 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 789 exceed guidelines<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: Borrower DTI is below guideline requirements |
| 772532 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 756 FICO exceeds 680 required<br>CFCFS2860: Good credit history<br> - Clayton Comments: no derogatory history<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: no derogatory history |
| 772537 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 756 FICO exceeds the 680 required<br>CFCFS2860: Good credit history<br> - Clayton Comments: no derogatory history<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: no derogatory history |
| 772579 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 9 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $19,588.78 or 6.25 months PITI<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrower has been S/E for 2 years |
| 772909 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO score 776<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Zero lates in the last 5 years<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Cash back at closing $66433.44 |
| 773122 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $366,907.02 exceed guideline<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 766 exceed guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Borrower LTV meets guideline requirements |
| 773254 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qualifying fico is 691<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrower is using 19% of credit utilization<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 14.87 months piti reserves in file |
| 778854 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | A | A C | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 682 is greater than 660 per guideline<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been self employed for 4 years |
| 778854 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | A | A C | A | A | Credit | Assets | Satisfied C A | CRDAST3078 | Insufficient # of months cash reserves for PITI per guideline requirements | No | Assets verified $65,469.89 - closing funds $53,688.18 = $11,781.71. Per xxxxxx 8.19.22 = 6 months x $2,907.35 = $17,444.10Reserves short $5,662.39. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 682 is greater than 660 per guideline<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been self employed for 4 years |
| 778546 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | State Consumer Protection | Waived B | CMPSTCP2129 | MD Counseling Notice not in file | No | Provide xxxxxx and Counseling Disclosure notice.Home counseling disclosure did not contain required xxxxxx verbiage. | (No Data) | 10.11.2022 - Clayton final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Fico score 741, program minimum 600<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI 29.87% max program 50%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified 23.12 months of PITIA, $54,176.14 |
| 778546 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 10.6.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 10.6.22-Exception satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Fico score 741, program minimum 600<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI 29.87% max program 50%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified 23.12 months of PITIA, $54,176.14 |
| 778546 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. | 10.6.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 10.6.22-Exception satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Fico score 741, program minimum 600<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI 29.87% max program 50%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified 23.12 months of PITIA, $54,176.14 |
| 775132 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | (No Data) |
| 778525 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | Exception Satisfied | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current address for 7 years, 6 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $67,827.88 or 10.77 months PITI<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months |
| 778491 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Income/Employment | Satisfied C A | CRDINC888 | Income Amount is Unsupported by Documentation in File | No | Bank Income Calculator missing from file | 11.8.2022-Clients response: November 3rd 2022, 11:44:41 amUploaded Business Bank Statement Program Income Calculator | 11.8.2022-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $107,113.81 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 5 years |
| 778491 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Income/Employment | Satisfied C A | CRDINC889 | Income is Not Reasonable | No | Bank Income Calculator missing from file | 11.8.2022-Clients response: November 3rd 2022, 11:44:41 amUploaded Business Bank Statement Program Income Calculator | 11.8.2022-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $107,113.81 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 5 years |
| 778491 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Income/Employment | Satisfied D A | CRDINC2302 | Missing Required Income Documentation | No | Bank Income Calculator missing from file | 11.8.2022-Clients response:November 3rd 2022, 11:44:41 amUploaded Business Bank Statement Program Income Calculator | 11.8.2022-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $107,113.81 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 5 years |
| 778491 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Insurance | Waived B | CRDINSR5351 | Insurance Effective date is greater than the transaction date | No | HOI Dec Page in file shows an effective date of xxxxxx. Disbursement date per final CD is xxxxxx. | (No Data) | 11/8/2022 - Clayton final grade B. | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $107,113.81 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 5 years |
| 778491 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | N/A | N/A D B | N/A | N/A | Credit | Terms/Guidelines | Satisfied D A | CRDTER146 | Missing lender's loan approval/underwriting form | No | Bank Income Calculator missing from file | 11.8.2022-Clients response: November 3rd 2022, 11:44:41 amUploaded Business Bank Statement Program Income Calculator | 11.8.2022-Document received; exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $107,113.81 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 5 years |
| 778435 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 10.10.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 10.10.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Representative credit score 769 above program requirement 600.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrower 1 self-employed with 8 years 9 months at current job.<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrowers have minimum use of consumer credit. Credit usage 4.23%. |
| 778435 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. | 10.10.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 10.10.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Representative credit score 769 above program requirement 600.<br>CFCFS1734: Borrower has significant time at current job<br> - Clayton Comments: Borrower 1 self-employed with 8 years 9 months at current job.<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrowers have minimum use of consumer credit. Credit usage 4.23%. |
| 775441 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $379,763.39 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 762 exceed guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Borrower LTV meets guideline requirements |
| 778364 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3676 | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | $44.20 Ten Percent Tolerance Violation due to increase in Sub escrow fee from $0.00 to 62.50 on Final CD xxxxxx, without a valid Change in Circumstance specific to Amount of Fee and Fee name. Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping. | 10.10.22-Client Response- Provided PCCD dated xxxxxx | 10.10.2022 PCCD dated xxxxxx indicates Sub Escrow Fee moved from section B to Section C and would not be included in the Ten Percent tolerance; exception satisfied. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have lived at current residence for 5 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 765 exceeds guideline 700<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Credit usage 5.15%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0X30, 60, 90 past 12 months |
| 778364 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID4056 | TRID - CD: The Total Payment Amount on the Loan Calculation section of the Final Closing Disclosure is less than the Clayton Calculated Total Payment Amount | No | 10.10.2022 PCCD dated xxxxxx indicates total of payments xxxxxx which matches xxxxxx pay stream calculation; exception satisfied. | (No Data) | 10.10.2022 PCCD dated xxxxxx indicates total of payments xxxxxx which matches clayton pay stream calculation; exception satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have lived at current residence for 5 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 765 exceeds guideline 700<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Credit usage 5.15%<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0X30, 60, 90 past 12 months |
| 778190 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3750 | TRID - Error #10 discovered on Closing Disclosure | No | Final Closing Disclosure dated xxxxxx missing from file. | 9.29.2022- Provided xxxxxx CD | 9.29.2022-Clayton response- Provided xxxxxx CD satisfies exception | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $426,547.54 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession 40 Years<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 779 exceed guidelines |
| 778190 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3966 | TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected | No | Closing Disclosures: xxxxxx - Loan Disclosure - Section (Escrow Account) is missing the selection of You declined it and/or Your lender does not offer one. This is a Non-numeric Clerical Error Cure: LOX and Post-Consummation CD within 60 days of Consummation. | (No Data) | 9.29.2022- Sr Clayton U/W additional review; Final CD verifies executed disclosure regarding escrow account. . Exception is satisfied. | Non-Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $426,547.54 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession 40 Years<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 779 exceed guidelines |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D C | D | A D C | D | A | Compliance | Compliance Manual | Satisfied D A | CMPMAN2956 | Missing disclosure | No | Provide Final Closing Disclosure signed at closing. Additional conditions may apply after testing. | 10.6.2022- Provided final signed CD dated xxxxxx | 10.6.2022-Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 6 years 3 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 733 is greater than 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $103,303.24 or 47.36 months PITI |
| 776131 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Cash to borrower at closing $22,025.90. Required reserves: 6 months X $1,892.44 = $13,854.64. Excess reserves $8,171.26.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Credit history with 7 open tradelines with the longest seasoned 128 months exceeds the requirement of two open and active tradelines with at least one seasoned for 24 months.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: Qualifying DSCR at 1.3210 is above the required 1.0 per NONI guidelines. |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D C | D | A D C | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | 9.29.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.29.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 6 years 3 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 733 is greater than 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $103,303.24 or 47.36 months PITI |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D C | D | A D C | D | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | 9.29.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.29.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 6 years 3 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 733 is greater than 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $103,303.24 or 47.36 months PITI |
| 776480 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qualifying fico is 704<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 mortgage payment history in past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 31.60 months piti reserves |
| 776526 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1736: Significant time at current residence<br> - Clayton Comments: The borrower has twenty-one years in current residence.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Cash-out proceeds of $485,316.67 (Verified) / $4,847.32 = 100.12 in PITIA reserves (exceeds 6 month cash-out requirement).<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV: 30.25, theLender: 70% |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D C | D | A D C | D | A | Property Valuations | FEMA | Satisfied C A | PRVAFEMA4817 | Natural Disaster Area, Subseq inspect prior to Disaster (Individual & Public) | No | Please provide post disaster inspection | 10.18.2022-Provided post disaster inspection report | 10.18.2022-Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 6 years 3 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 733 is greater than 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $103,303.24 or 47.36 months PITI |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D C | D | A D C | D | A | Property Valuations | FEMA | Satisfied C A | PRVAFEMA858 | Natural Disaster Area, no subsequent inspection (Individual & Public) | No | Missing Post Disaster Inspection: Declaration date xxxxxx; Effective xxxxxx; xxxxxx; xxxxxx | 10.18.22-Provided Post disaster inspection dated xxxxxx | 10.18.2022-Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 6 years 3 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 733 is greater than 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $103,303.24 or 47.36 months PITI |
| 777891 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | Credit | Assets | Satisfied C A | CRDAST206 | Asset Amounts Are Unsupported by Documentation in File | No | Guidelines require evidence that use of business assets for closing/reserves will not negatively impact the business. Lender provided business assets for reserve requirement. Provide a CPA, EA or licensed tax preparer's letter stating that the use of business assets will not have a material adverse impact on the business' operations OR a completed cash flow analysis per guidelines. | 10.17.22- Provided CPA letter | 10.17.22-Clayton Response- Exception Satisifed | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 36.17% is below the maximum allowable 43%.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 72.12% is below the maximum allowable of 75%.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified assets of $226,338.96. Cash to borrower $1,404.46. Cash reserves = $226,338.96. Required reserves: (6 months X $3,123.50 = $18,741) + (2 months for other property owned x $22,455.72 = $44,911.44) = $63,652.44. Excess reserves $162,686.52. |
| 777641 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | 9.14.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions | 9.14.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 19.8 years living at departure residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 20.9 years in the xxxxxx.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 709 mid-score per CBR |
| 776651 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Verified cash-out proceeds of $123,780.78, exceeds 12 mos. requirement ($4722.55\*12=$56,670.60).<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: The borrowers have thirteen years in current residence.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Per credit report dated 07/21/2022, borrower does not have any major mortgage related occurrences during the past two years. |
| 777641 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | 9.14.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions | 9.14.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: 19.8 years living at departure residence.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: 20.9 years in the xxxxxx.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 709 mid-score per CBR |
| 776958 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 726 and minimum required is 660.<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Borrower has no late pays or derogatory credit with history of 10 years.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV is 75% and maximum allowed is 90%<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $71,310.22; required reserves $3244.46 x 6 = $19,466.76 |
| 776961 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $59,800.39 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 7 years<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 714 exceed guidelines |
| 777030 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $16,194.17 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 6 years<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 736 exceed guidelines |
| 777639 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | B | A C | B | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied B A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. As fees are at least shown this is not a material issue. This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A. | (No Data) | (No Data) | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $234,703.75; required reserves $12,010.51 x 12 = $144,126.12; plus 2 months PITIA for REO, $3134.51 x 2 = $6269.02.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession for 10 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 743 and minimum required is 600 |
| 777639 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | B | A C | B | A | Credit | Application | Satisfied C A | CRDAPP131 | Occupancy status not supported by file documentation | No | Guidelines do not allow borrower to have more than 1 primary home; occupancy for subject property and REO requires resolution as 1003 indicates borrower is retaining current primary home as a primary home and 1003/1008 show borrower is purchasing subject property as primary home. | 10.3.2022- Client responded- Please see uploaded LOE from borrower regarding primary residence. | 10.3.2022- Sr xxxxxx UW reviewed, LOX explaining subject is going to be her primary, and her current primary to be rented out. Exception is satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post closing reserves $234,703.75; required reserves $12,010.51 x 12 = $144,126.12; plus 2 months PITIA for REO, $3134.51 x 2 = $6269.02.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession for 10 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score is 743 and minimum required is 600 |
| 777638 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance of xxxxxx due to discount point fee increase on xxxxxx, at closing. Provide PCCD with cure, copy of cure check, LOE to Borrower and Evidence of delivery via method including tracking information within 60 days of discovery. | 10.10.22- Client Response- CoC provided xxxxxx witch matches amount of discount points on Final CD xxxxxx in the amount of xxxxxx which is hand signed | 10.3.2022- xxxxxx Review- The COC states a 5 day lock but does not state the date it expired to the extension date; please provide the COC issued to borrower with the CD10.5.2022- xxxxxxx Review-The COC was provided but the CD was not provided. Please provide the PCCD with LOE to borrower method of disclosure at one time10.6.2022- Provided documentation is insufficient to satisfy exception. Loan funded 3 days after lock expirations. Please provide mavent report and all applicable documentation to support the rate extension to disbursement date. 10.10.2022 - xxxxxx Response-; exception satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $271,411.14 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in profession 12 years<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 9 years |
| 777638 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Credit | Terms/Guidelines | Satisfied C A | CRDTER4575 | Guideline(s) Missing | No | Provide guideline for xxxxxx-xxxxxx xxxxxx | 10.13.22- Provided 8.18.22 guideline | 10.13.22- xxxxxx Review- Provided guideline satisfies exception | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $271,411.14 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in profession 12 years<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 9 years |
| 777513 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 9.12.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.12.22-Exception satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Verified assets of $233,776.37 - $110,504.63 (cash-to-close) = $123,271.74, reserves requirement of $17,659.92 ($2928.32\*6) has been met.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Per credit report dated 08/02/2022, borrower does not have any major mortgage related occurrences during the past two years.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 26.89, theLender Maximum: 50% |
| 777513 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. | 9.12.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.12.22-Exception satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Verified assets of $233,776.37 - $110,504.63 (cash-to-close) = $123,271.74, reserves requirement of $17,659.92 ($2928.32\*6) has been met.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Per credit report dated 08/02/2022, borrower does not have any major mortgage related occurrences during the past two years.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 26.89, theLender Maximum: 50% |
| 777513 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | xxxxxx Zero Percent Tolerance Violation due to increase in Loan Points from xxxxxx on Final CD xxxxxx, without a valid Change in Circumstance. Requires CIC, or corrected PCCD, copy of refund check, LOX and verification of shipping within 60 days of discovery. | 9.22.2022- Provided COC for increase in fees | 9.22.2022-xxxxxx Response- Sr U/W reviewed provided COC; exception now satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Verified assets of $233,776.37 - $110,504.63 (cash-to-close) = $123,271.74, reserves requirement of $17,659.92 ($2928.32\*6) has been met.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Per credit report dated 08/02/2022, borrower does not have any major mortgage related occurrences during the past two years.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 26.89, theLender Maximum: 50% |
| 777513 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | A | Credit | LTV/CLTV | Waived C B | CRDLTV3026 | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Exception on file approving 5% LTV increase (80%). | 9.22.222-Client response - Exception for LV provided | 9.22.2022-SR xxxxxx U/W memo- LTV exceeded by <5%. applicant has 42 months PITI exceeding required 6 months for purchase transaction, stable employment as self-employed, same business 100% for 10 years with CPA letter confirming use of business fund not having an adverse effect on business. Exception is deemed non-material, no further action needed09.27.2022 - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Assets: Verified assets of $233,776.37 - $110,504.63 (cash-to-close) = $123,271.74, reserves requirement of $17,659.92 ($2928.32\*6) has been met.<br>CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years<br> - Clayton Comments: Per credit report dated 08/02/2022, borrower does not have any major mortgage related occurrences during the past two years.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 26.89, theLender Maximum: 50% |
| 777237 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | D | B D A | D | B | Compliance | xxxxxx | Satisfied C B | CMPTXHE119 | Texas Equity - Affidavit of Fair Market Value not signed by lender | No | Fair Market Value affidavit is not executed by Lender. | 9.29.2022- Provided signed lender form for Fair Market Value Affidavit dated xxxxxx which is after note date of xxxxxx so grade is a B. | 9.29.2022-xxxxxx Response- Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for over 8 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO is 702<br>CFCFS2860: Good credit history<br> - Clayton Comments: All open accounts are current |
| 777510 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 mortgage history in past 24 months<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 consumer credit history in past 24 months<br>CFCFS5269: Minimal use of credit<br> - Clayton Comments: Borrower has 20% credit utilization in file<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Qualifying fico is 783 |
| 777237 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors D B | D | B D A | D | B | Compliance | xxxxxx | Satisfied D A | CMPTXHE114 | TX Equity - Missing Notice Concerning Extensions of Credit (12-Day) | No | Missing Notice of Extensions of Credit. | 9.292022- Provided extensions of credit disclosure, executed 7.15.2022 | 9.29.2022- - xxxxxx Response- Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for over 8 years.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO is 702<br>CFCFS2860: Good credit history<br> - Clayton Comments: All open accounts are current |
| 777205 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | A | A C B | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 9.6.2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.6.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 665 exceeds guideline 600 for NQHEM 7/19/2022<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $38,872.19 or 13.49 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for over 2 years |
| 777205 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | A | A C B | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. | 9.6.2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.6.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 665 exceeds guideline 600 for NQHEM 7/19/2022<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $38,872.19 or 13.49 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for over 2 years |
| 777205 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | A | A C B | A | A | Credit | Terms/Guidelines | Waived C B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Exception for LTV 75% with 10% reduction due to credit event (bankruptcy). S/E 6 years, FICO 664 | 9.12.2022-Lender provided an exception granting the LTV of 75% with 10% reduction from prior bankruptcy event | 9.12.2022- SR - xxxxxx U/W Borrower has stable income, using 50% expense factor, Fico 665 and reserves of 20 months PITI. LTV is 5% more than allowed. Compensating factors listed above are considered and exception is deemed non-material. 9.13.2022 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 665 exceeds guideline 600 for NQHEM 7/19/2022<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $38,872.19 or 13.49 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for over 2 years |
| 777101 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 9.20.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.20.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have lived at current residence for 12 years 2 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0X30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 754 exceeds guideline 700<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $2,238,677.46 or 81.91 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in same profession for 12 years 2 months |
| 777101 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. | 9.20.22-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 9.20.22-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have lived at current residence for 12 years 2 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0X30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 754 exceeds guideline 700<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $2,238,677.46 or 81.91 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in same profession for 12 years 2 months |
| 777101 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C B | CMPTRID3670 | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | $50.00 Tolerance Violation due to increase of the Appraisal-1 fees from $2500 to $2550 on Final CD xxxxxx. Provide Change in Circumstance or corrected PCCD, copy of refund check, LOX and verification of shipping method within 60 days of discovery. | 9.22.2022-Client Provided PCCD, copy of refund check, xxxxxx label and LOE | 9.22.2022--xxxxxx Response- Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrowers have lived at current residence for 12 years 2 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0X30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 754 exceeds guideline 700<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $2,238,677.46 or 81.91 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in same profession for 12 years 2 months |
| 777039 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt B | A | A B | A | A | Credit | Application | Waived B | CRDAPP5430 | xxxxxx Application Form is Outdated | No | Missing application | (No Data) | 10.11.2022 - - xxxxxx final grade B. | Not Applicable | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified assets of $79,548.61 (cash out proceeds).Required reserves: 6 months X $4,000.87= $24,005.22. Excess reserves $55,543.39.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score of 703 exceeds minimum required 700.<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: Borrower has a mortgage history of 33 months on primary with no late payments. |
| 776951 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | Credit | Terms/Guidelines | Satisfied C A | CRDTER4238 | Business entity does not meet guidelines | No | Missing Certificate of Good Standing per guideline for borrowing entity xxxxxx | 10.12.2022- Provided Certificate of Good Standing for xxxxxx 10.12.2022- Provided documentation is not acceptable. xxxxxx is not tied to xxxxxx. Please provide DBA information or SOS good standing for xxxxxx 10.18.2022- Provided SOS for xxxxxx | 10.18.2022-Provided documentation satisfies exception | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 711 exceeds guideline 700<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $428,732.77 or 108.06 months PITI |
| 776575 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 8.22.2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8.22.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 736 exceeds 680<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $41,252.83 or 8.15 months PITI |
| 776575 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. | 8.22.2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8.22.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 736 exceeds 680<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $41,252.83 or 8.15 months PITI |
| 776528 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 8.25.2022- This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8.25.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $92,754.44 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession 4 yrs 1 month<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 720 exceed guidelines |
| 776528 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. | 8.25.2022- This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8.25.2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $92,754.44 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession 4 yrs 1 month<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 720 exceed guidelines |
| 776419 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 8.19.2022-Exception Satisfied at data point | This exception is informational per - xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS5269: Minimal use of credit<br> - Clayton Comments: Credit line usage under 25%<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 664 is greater than minimum 620 per matrix<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $59,105.15 or 13.52 months PITI |
| 776419 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5293 | TRID Not all required seller-paid fees were disclosed on the CD | No | Seller fees listed on Seller CD but not Borrower final CD. | 8.19.2022 Exception Satisfied at data points | This exception is informational per - xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS5269: Minimal use of credit<br> - Clayton Comments: Credit line usage under 25%<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 664 is greater than minimum 620 per matrix<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $59,105.15 or 13.52 months PITI |
| 775845 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in Section H of Borrower Final CD. | 8/9/2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8/9/2022-Exception Satisfied. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Significant time at current residence<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Significant time in profession<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Verified cash reserves exceed guidelines |
| 778087 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 26.64 months piti reserves<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 730 qualifying fico<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: borrower is 0\*30 consumer credit history in past 24 months |
| 778186 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 792 exceeds 700<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $99,116.54 or 51.46 months PITI |
| 778189 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $226,338.96 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 662 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in current profession 6 years |
| 775804 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied B A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 8.11.2022-This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | 8.11.2022-Exception Satisfied with updated data points. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at currant residence for 22 years<br>CFCFS2860: Good credit history<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: borrower has been in profession for 22 yrs |
| 775804 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3618 | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | TRID please complete | 8/11/2022 - Client response - Uploaded COC xxxxxx for LE Lock and Product Change | 8/11/2022 - - xxxxxx Response - Exception cancelled, created in error, PQC missed cancelling it. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at currant residence for 22 years<br>CFCFS2860: Good credit history<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: borrower has been in profession for 22 yrs |
| 778345 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: PITIA 13 months reserves<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV 50.722% |
| 778347 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $37,817.35 exceed guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Borrower LTV 60% is below guidelines requirements<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 698 exceed guidelines |
| 775804 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID3822 | TRID - CD: One or more of the payments in the CD Projected Payments section (fixed payment) does not equal its component parts | No | Automatic trigger of exception. | 8.15.2022-Exception satisfied at data point- no further action required. | 8.15.2022-Exception Satisfied- no further action required | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at currant residence for 22 years<br>CFCFS2860: Good credit history<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: borrower has been in profession for 22 yrs |
| 775804 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied C A | CMPTRID5115 | TRID - Closing Disclosure: The Creditors Brokers or Contact persons NMLS or State ID is missing | No | Automatic trigger of exception | 8.15.2022- Exception satisfied at data point- no further action required | 8.15.2022-Exception Satisfied- no further action required | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at currant residence for 22 years<br>CFCFS2860: Good credit history<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months.<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: borrower has been in profession for 22 yrs |
| 778394 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS5269: Minimal use of credit<br> - Clayton Comments: 6% credit utilization in file<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 mortgage history in file<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 consumer credit history in file past 24 months |
| 775438 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D C | A | A D C | A | A | Credit | Terms/Guidelines | Satisfied C A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Modification of xxxxxx mortgage date xxxxxx less than year ago and is not completed. Per xxxxxx guideline modification to be completed for 36 months prior to loan application. 0x30 for 82 months with xxxxxx, 69.50 months reserves, credit score 791 | 8.22.2022- Client responded-Uploaded underwriter's rebuttal regarding Modification less than 36 months.8.22.2022- Sr. xxxxxx UW comments- there are no documents uploaded for this exception/loan. Please provided documentation to review8.24.2022- Client provided LOE regarding loan modification8.24.2022-xxxxxx Response- loan modification did not encounter any attributes per guideline that mandate the 36 month seasoning. The loan modification was for maturity date only. | 8.24.2022-Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 791 exceeds guideline 680<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 82 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $197,975.93 or 69.50 months PITI |
| 775438 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D C | A | A D C | A | A | Property Valuations | Property | Satisfied D A | PRVAPROP132 | Missing HOA Certificate/Questionnaire | No | Missing Condo Questionnaire/Cert | 8.22.2022- Client provided HOA questionnaire.8.22.2022- Clayton received documents, SR.xxxxxx UW has reviewed the questionnaire and it is sufficient to satisfy the exception. | 8.22.2022- Exception has been satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 791 exceeds guideline 680<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 82 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $197,975.93 or 69.50 months PITI |
| 775209 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | Federal Consumer Protection | Waived B | CMPFDCP847 | TILA - ARM Loan Program Disclosure after 3 days from application | No | ARM Disclosure on record signed and dated outside of initial 3 day application date. | (No Data) | 8.23.2022 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO: 754, NQHEM Plus Minimum: 720<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: The borrower has over five years in current profession.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 36.92%, theLender (NQHEM Plus): 43% |
| 775209 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | State Late Charges | Waived B | CMPSLC1127 | Late Charge percentage exceeds regulatory limits | No | Late fee 5% with min. due of $5.00 | (No Data) | 8.23.2022 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO: 754, NQHEM Plus Minimum: 720<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: The borrower has over five years in current profession.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 36.92%, theLender (NQHEM Plus): 43% |
| 775209 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | B A | B | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | 8.16.2022-Exception satisfied at data point. | This exception is informational perC-xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: FICO: 754, NQHEM Plus Minimum: 720<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: The borrower has over five years in current profession.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI: 36.92%, theLender (NQHEM Plus): 43% |
| 775203 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | Texas Home Equity | Satisfied C B | CMPTXHE100 | TX-Equity - LTV/CLTV greater than 80% | No | LTV 80.40% is greater than maximum 80% per xxxxxx (xxxxxx)for cash out refinance. Note $159,999.00 / AIV $199,000 = 80.40%. | 8/23/2022 - Client response - xxxxxx Uploaded Principal Reduction LOE signed by the borrower | 8/23/2022 - - xxxxxx Conclusion - Reviewed by - xxxxxx SR UW Exception satisfied. Received LOE from client that clerical error caused Appraised valued to be entered incorrectly that caused 80% LTV exception. Principal reduction brings the LTV to 80% | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 706 exceeds guideline 680<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 2 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $18,158.46 or 11.58 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for 13 years |
| 775203 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | Texas Home Equity | Satisfied C A | CMPTXHE119 | Texas Equity - Affidavit of Fair Market Value not signed by lender | No | Fair Market Value not executed by lender. | 8/18/2022 - Client response - Signed Fair Market Value uploaded xxxxxx | 8/23/2022 --xxxxxx conclusion - Reviewed by - xxxxxx SR UW, Exception satisfied. Received documents from client executed FMV signed xxxxxx. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 706 exceeds guideline 680<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 2 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $18,158.46 or 11.58 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for 13 years |
| 775203 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | C | B C A | C | B | Compliance | Texas Home Equity | Waived B | CMPTXHE321 | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Title Endorsement | (No Data) | 08.30.2022 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 706 exceeds guideline 680<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current residence for 2 years.<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $18,158.46 or 11.58 months PITI<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in the same profession for 13 years |
| 774997 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | B | A B | B | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied B A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in Section H of Borrower Final CD. | 8/4/2022 Exception satisfied at data point. | This exception is informational per-xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Post close assets $147,628.92 or 24.50 months PITI<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 629 is greater than 600<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current address for 19 years. |
| 774984 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | (No Data) | This exception is informational per - xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 689 greater than 680 |
| 774982 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | A | A B | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H of Borrower Final CD. | This exception is informational per xxxxxx Compliance department and TRID 2.0 revisions. | Exception satisfied. Final Grade A. | Numeric | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current address for 10 years 4 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 718 exceeds guideline 600 for NQHEM plus<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months |
| 778653 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $22,983.35 exceed guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Borrower LTV 68% is below guideline requirements<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 635 exceed guidelines |
| 778678 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score of 747 exceeds minimum required 700.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV of 65% is below the maximum allowable of 70%.<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: DTI of 35.91% is below the maximum allowable 43%. |
| 778683 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $202,294.23 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 765 exceed guidelines<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: Borrower LTV 15% is below guideline requirements |
| 778710 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | N/A | N/A | N/A | N/A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 mortgage history in past 24 months<br>CFCFS1742: Consumer credit history exceeds guidelines<br> - Clayton Comments: Borrower is 0\*30 consumer credit history in past 24 months<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: 73.88 months piti reserves |
| 778851 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $155,453.38 guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 747 exceed guidelines<br>CFCFS1744: DTI below guideline requirement<br> - Clayton Comments: Borrower DTI is below guideline requirements |
| 774982 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors B | A | A B | A | A | Credit | Credit/Mtg History | Waived B | CRDCRMH121 | Bankruptcy history does not meet guidelines | No | Credit report reflects Chapter 7 Bankruptcy filed xxxxxx and discharged xxxxxx. Bankruptcy has only been discharged for 42 months. Per Matrix seasoning requirement is 48 months. | (No Data) | 08.30.2022 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has lived at current address for 10 years 4 months.<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 718 exceeds guideline 600 for NQHEM plus<br>CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months |
| 774539 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A | Compliance | TILA/RESPA Integrated Disclosure | Satisfied A | CMPTRID5215 | TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed. | No | xxxxxx Commissions reflected on Seller CD but not in section H if Borrower Final CD. | (No Data) | This exception is informational per - xxxxxx Compliance department and TRID 2.0 revisions. | Numeric | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: 673 FICO exceeds the 660 required<br>CFCFS1740: Mortgage payment history exceeds guidelines<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months.<br>CFCFS2860: Good credit history<br> - Clayton Comments: No derogatory events (1x30 or greater) in the most recent 24 months. |
| 771965 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt C | N/A | N/A C | N/A | N/A | Credit | Terms/Guidelines | Satisfied C A | CRDTER3122 | Loan documents do not meet guideline requirements | No | Missing executed Lease Agreements for Unit 1 and Unit 3. Appraiser reflects all 3 units are Tenant Occupied. Lease for Unit 2 in file. | 8.10.2022- Client Response- Provided lease agreement for xxxxxx. 8.10.2022- xxxxxx Response- Provided lease agreement for 1st flood. Need lease for unit/floor 38.11.2022- Client Response- Provided lease agreement for xxxxxx8.11.2022- xxxxxx Response- Provide documentation satisfies exception | 8.11.2022-Exception Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 743 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 15 years<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $13,639.64 exceed guidelines |
| 771208 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C | C | A C | C | A | Compliance | Texas Home Equity | Satisfied C A | CMPTXHE119 | xxxxxx Equity - Affidavit of Fair Market Value not signed by lender | No | Fair Market Value not signed by lender. | 6.24.2022 Received Fair Market Value executed by Lender. | 6.24.2022 Satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $55,321.08 exceed guidelines<br>CFCFS2854: Significant time in profession<br> - Clayton Comments: Borrower has been in profession for 20 yrs<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence for 5 years |
| 778902 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS2860: Good credit history<br> - Clayton Comments: 0x30, 60, 90 past 24 months<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score 696 is greater than minimum 660 for Near Noni<br>CFCFS1739: Postive mortgage payment history<br> - Clayton Comments: 0x30, 60, 90 past 12 months |
| 778942 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | A | A | A | A |  |  |  |  |  |  |  |  |  |  |  | CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower verified cash reserves $70,967.53 exceed guidelines<br>CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Borrower credit score 727 exceed guidelines<br>CFCFS1736: Significant time at current residence<br> - Clayton Comments: Borrower has been at current residence 15 years 4 months |
| 754996 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | A | A D B | A | A | Credit | Application | Satisfied D A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Provide third party fraud report; OFAC Report in file is insufficient. | 05/05/2020 xxxxxx Report, dated xxxxxx, has been submitted and reviewed. | 05/05/2020 Exception satisfied. | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score exceeds guidelines: Per the matrix, the minimum credit score required was 660. The qualifying credit score for the borrowers was 820.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV below guideline requirements: Per the matrix, the max LTV was 80.00%. The loan closed with an LTV of 60.00. |
| 754996 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | A | A D B | A | A | Credit | Terms/Guidelines | Waived C B | CRDTER3122 | Loan documents do not meet guideline requirements | No | Guidelines require escrow account for taxes and insurance. 5/1/2020-Upon further review by xxxxxx xxxxx xxxxxx the issue is deemed to be non-material. 60% LTV, 820 FICO, refinance with investor that is accustomed to non-escrowed loan. | (No Data) | 10.15.2021 - - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score exceeds guidelines: Per the matrix, the minimum credit score required was 660. The qualifying credit score for the borrowers was 820.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV below guideline requirements: Per the matrix, the max LTV was 80.00%. The loan closed with an LTV of 60.00. |
| 754996 | xxxxxx | xxxxxx | (No Data) | ATR/QM: Exempt D B | A | A D B | A | A | Property Valuations | Appraisal | Satisfied D A | PRVAAPPR3116 | Missing updated valuation | No | Missing secondary valuation to support original valuation. | 5/4/2020-Lender provided desk review supporting original valuation | 5/4/2020-Exception satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Credit score exceeds guidelines: Per the matrix, the minimum credit score required was 660. The qualifying credit score for the borrowers was 820.<br>CFCFS1737: LTV below guideline requirements<br> - Clayton Comments: LTV below guideline requirements: Per the matrix, the max LTV was 80.00%. The loan closed with an LTV of 60.00. |
| 724887 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | B | B C A | B | B | Compliance | State Rate Spread | Waived B | CMPSRS2051 | xxxxxx Higher-Priced Loan | No | Test APR is8.081%, Benchmark rate is4.800% a variance of 3.281%. Maximum variance allowed is 1.500%. | 5/31/19 - Client accepted non-material compliance exception. | 5/31/19 --xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Minimum Credit Score is 540; Borrower's Credit score is 583<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower has $11,577.78 or 6.95 months cash reserves. |
| 724887 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | B | B C A | B | B | Credit | Application | Satisfied C A | CRDAPP4625 | The orig file does not contain a third party fraud report | No | Missing third party fraud report | 04/26/2019 Lender's response: Please see FraudGuard, file xxxxxx. | 04/26/2019 Exception satisfied. | Not Applicable | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Minimum Credit Score is 540; Borrower's Credit score is 583<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower has $11,577.78 or 6.95 months cash reserves. |
| 724887 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors C B | B | B C A | B | B | Credit | DTI | Waived B | CRDDTI187 | Debt Ratio > 50% | No | Lender approved loan with a DTI of 52.84%. | 04/26/2019 Lender's response: Please see Loan Exception Form, file xxxxxx 6/5/19 - Client accepted non-material credit exception. | 6/5/2019 - xxxxxx final grade B. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines<br> - Clayton Comments: Minimum Credit Score is 540; Borrower's Credit score is 583<br>CFCFS1731: Verified cash reserves exceed guidelines<br> - Clayton Comments: Borrower has $11,577.78 or 6.95 months cash reserves. |

---

## Exhibit 99.11

**EXHIBIT 99.11**

**clayton loan level tape compare upload**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Client Name:** | Verus | Verus | Verus |  |
| **Client Project Name:** | Verus 2023-1 | Verus 2023-1 | Verus 2023-1 |  |
| **Start - End Dates:** | 4/2019 - 11/2022 | 4/2019 - 11/2022 | 4/2019 - 11/2022 |  |
| **Deal Loan Count:** | 86 | 86 | 86 |  |
| **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** | **Loan Level Tape Compare Upload** |  |  |
| **Loan Number** | **Borrower Last Name** | **Field Name** | **Tape Data** | **Reviewer Data** |
| 768249 | (No Data) | Cash Reserves | 90011.22 | 41535.99 |
| 768249 | (No Data) | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 768249 | (No Data) | First Rate Change Date | xxxxxx | xxxxxx |
| 768249 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 768754 | xxxxxx | Cash Reserves | 148314.39 | 84279.91 |
| 768754 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 768754 | xxxxxx | Months Reserves | 48.00 | 28.03 |
| 768754 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 768754 | xxxxxx | Product Type | 7/1 ARM | 7/6 ARM |
| 769249 | xxxxxx | Cash Reserves | 129311.95 | 190356.23 |
| 769249 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 769249 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 769249 | xxxxxx | Months Reserves | 48.00 | 21.48 |
| 769249 | xxxxxx | Original Appraisal Date | 02/17/2022 | 02/20/2022 |
| 769249 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 769249 | xxxxxx | Product Type | 7/1 ARM | 7/6 ARM |
| 769273 | xxxxxx | Cash Reserves | 91120.51 | 54542.71 |
| 769273 | xxxxxx | Debt to Income Ratio (Back) | 12.0730 | 17.3762 |
| 769273 | xxxxxx | Months Reserves | 15.00 | 27.99 |
| 769393 | xxxxxx | Cash Reserves | 297849.59 | 204676.86 |
| 769393 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 769393 | xxxxxx | Months Reserves | 83.00 | 82.84 |
| 769393 | xxxxxx | Product Type | 7/1 ARM | 7/6 ARM |
| 770081 | xxxxxx | Cash Reserves | 198493.71 | 141410.59 |
| 770081 | xxxxxx | Credit Report Date | 02/24/2022 | 04/25/2022 |
| 770081 | xxxxxx | Months Reserves | 16.00 | 28.95 |
| 770081 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 770836 | (No Data) | Credit Report Date | 06/03/2022 | 06/27/2022 |
| 770836 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771200 | xxxxxx | Cash Reserves | 1497.23 | 24402.70 |
| 771200 | xxxxxx | Property Type | Detached PUD | Attached PUD |
| 771200 | xxxxxx | Total Cash Out | (24266.68) | 67465.47 |
| 771207 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 771207 | xxxxxx | Months Reserves | 16322.00 | 45.98 |
| 771207 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 771207 | xxxxxx | Product Type | 7/1 ARM | 7/6 ARM |
| 771207 | xxxxxx | Total Cash Out | (181302.68) | 181302.68 |
| 771208 | xxxxxx | Cash Reserves | 480.74 | 55321.08 |
| 771208 | xxxxxx | Months Reserves | 3.00 | 34.38 |
| 771208 | xxxxxx | Product Type | 7/6 ARM | 7/1 ARM |
| 771212 | (No Data) | Borrower 1 Self Employed Flag | Yes | No |
| 771212 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771212 | (No Data) | Original Appraisal Date | 05/13/2022 | 04/05/2022 |
| 771212 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 771212 | (No Data) | Product Type | 7/1 ARM | 7/6 ARM |
| 771212 | (No Data) | Total Cash Out | (13134.88) | 13134.88 |
| 771370 | xxxxxx | Cash Reserves | 232592.85 | 107536.91 |
| 771370 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771370 | xxxxxx | First Rate Change Date | 06/01/2032 | 06/01/2029 |
| 771370 | xxxxxx | Months Reserves | 8.00 | 28.40 |
| 771370 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 771370 | xxxxxx | Product Type | 7/1 I/O ARM | 30 yr Fixed - 10 yr IO |
| 771838 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771838 | (No Data) | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 771838 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 771838 | (No Data) | Product Type | 7/1 I/O ARM | 7/6 ARM |
| 771838 | (No Data) | Total Cash Out | (4929.42) | 4929.42 |
| 771960 | (No Data) | Credit Report Date | 05/18/2022 | 06/30/2022 |
| 771960 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771960 | (No Data) | Original Appraisal Date | 06/15/2022 | 05/16/2022 |
| 771960 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 771960 | (No Data) | Product Type | 7/1 ARM | 7/6 ARM |
| 771960 | (No Data) | Total Cash Out | (13305.06) | 13265.60 |
| 771961 | (No Data) | Credit Report Date | 05/18/2022 | 06/30/2022 |
| 771961 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771961 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 771961 | (No Data) | Product Type | 7/1 ARM | 7/6 ARM |
| 771961 | (No Data) | Total Cash Out | (7529.00) | 7529.00 |
| 771965 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 771965 | (No Data) | Months Reserves | 6.00 | 8.99 |
| 771965 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 771965 | (No Data) | Product Type | 7/1 ARM | 7/6 ARM |
| 771965 | (No Data) | Total Cash Out | (13639.64) | 13639.64 |
| 772046 | xxxxxx | Cash Reserves | 190000.00 | 311520.71 |
| 772046 | xxxxxx | Months Reserves | 6.00 | 117.06 |
| 772134 | xxxxxx | Cash Reserves | 251750.00 | 93684.74 |
| 772134 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 772134 | xxxxxx | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 772134 | xxxxxx | Months Reserves | 71.00 | 26.38 |
| 772134 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 772134 | xxxxxx | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 772140 | xxxxxx | Cash Reserves | 122761.86 | 6837.62 |
| 772140 | xxxxxx | Months Reserves | 17.00 | 1.40 |
| 772226 | xxxxxx | Months Reserves | 13.00 | 26.81 |
| 772532 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 772532 | (No Data) | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 772532 | (No Data) | Months Reserves | 6.00 | 18.93 |
| 772532 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 772532 | (No Data) | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 772532 | (No Data) | Property Type | Detached PUD | Attached PUD |
| 772532 | (No Data) | Total Cash Out | (93862.75) | 93862.75 |
| 772537 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 772537 | (No Data) | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 772537 | (No Data) | Months Reserves | 6.00 | 18.72 |
| 772537 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 772537 | (No Data) | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 772537 | (No Data) | Property Type | Detached PUD | Attached PUD |
| 772537 | (No Data) | Total Cash Out | (93479.71) | 93479.71 |
| 772579 | xxxxxx | Cash Reserves | 70740.13 | 19588.78 |
| 772579 | xxxxxx | Credit Report Date | 06/14/2022 | 05/23/2022 |
| 772579 | xxxxxx | Debt to Income Ratio (Back) | 48.0640 | 44.3816 |
| 772909 | xxxxxx | Borrower 1 Self Employed Flag | No | Yes |
| 772909 | xxxxxx | Credit Report Date | 05/10/2022 | 06/10/2022 |
| 772909 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 772909 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 772909 | xxxxxx | Months Reserves | 56.00 | 14.67 |
| 772909 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 772909 | xxxxxx | Product Type | 7/1 ARM | 7/6 ARM |
| 772909 | xxxxxx | Total Cash Out | (66433.44) | 66433.44 |
| 773122 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 773122 | (No Data) | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 773122 | (No Data) | Original Appraisal Date | 03/07/2022 | 03/04/2022 |
| 773122 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 773122 | (No Data) | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 773122 | (No Data) | Total Cash Out | (142150.14) | 142150.14 |
| 773254 | xxxxxx | Borrower 1 Self Employed Flag | No | Yes |
| 773254 | xxxxxx | Cash Reserves | 352154.12 | 156126.48 |
| 773254 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 773254 | xxxxxx | First Rate Change Date | 07/01/2032 | 07/01/2029 |
| 773254 | xxxxxx | Months Reserves | 15.00 | 21.87 |
| 773254 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 773254 | xxxxxx | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 774539 | xxxxxx | Cash Reserves | 278692.35 | 110094.56 |
| 774539 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 774539 | xxxxxx | Months Reserves | 102.00 | 40.77 |
| 774539 | xxxxxx | Original Appraisal Date | 07/08/2022 | 07/06/2022 |
| 774982 | xxxxxx | Cash Reserves | 62380.18 | 160291.54 |
| 774982 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 774982 | xxxxxx | Months Reserves | '-5.00 | 22.82 |
| 774984 | xxxxxx | Cash Reserves | 3595.40 | 17393.56 |
| 774984 | xxxxxx | Debt to Income Ratio (Back) | 49.5590 | 45.9234 |
| 774984 | xxxxxx | Months Reserves | 6.00 | 2.43 |
| 774984 | xxxxxx | Original Appraisal Date | 07/07/2022 | 01/19/2022 |
| 774984 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 774997 | xxxxxx | Borrower 1 First Time Home Buyer | Yes | No |
| 774997 | xxxxxx | Cash Reserves | 1570.39 | 147628.92 |
| 774997 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 774997 | xxxxxx | Months Reserves | 21.00 | 24.50 |
| 775132 | xxxxxx | Cash Reserves | 343648.77 | 149454.68 |
| 775132 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 775132 | xxxxxx | Months Reserves | 47.00 | 25.26 |
| 775203 | xxxxxx | Months Reserves | 6.00 | 11.58 |
| 775203 | xxxxxx | Original Appraised Value | xxxxxx | xxxxxx |
| 775203 | xxxxxx | Total Cash Out | (12463.18) | 12126.40 |
| 775209 | xxxxxx | Borrower 1 First Time Home Buyer | No | Yes |
| 775209 | xxxxxx | Cash Reserves | 98567.23 | 46146.17 |
| 775209 | xxxxxx | Months Reserves | 13.00 | 13.01 |
| 775209 | xxxxxx | Original Appraisal Date | 08/01/2022 | 07/19/2022 |
| 775209 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 775438 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 775438 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 775438 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 775438 | xxxxxx | Product Type | 10/1 I/O ARM | 10/6 IO ARM |
| 775441 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 775441 | (No Data) | Months Reserves | 6.00 | 83.83 |
| 775441 | (No Data) | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 775441 | (No Data) | Total Cash Out | (379763.39) | 379763.39 |
| 775804 | xxxxxx | Cash Reserves | 135073.51 | 44037.58 |
| 775804 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 775845 | xxxxxx | Cash Reserves | 280758.70 | 103263.26 |
| 775845 | xxxxxx | Months Reserves | 32.00 | 23.39 |
| 776131 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 776131 | (No Data) | Months Reserves | 6.00 | 11.64 |
| 776131 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 776131 | (No Data) | Product Type | 10/1 I/O ARM | 10/6 IO ARM |
| 776131 | (No Data) | Total Cash Out | (22025.90) | 22025.90 |
| 776419 | xxxxxx | Cash Reserves | 160856.56 | 59105.15 |
| 776419 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 776419 | xxxxxx | Months Reserves | 13.00 | 13.52 |
| 776419 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 776480 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 776480 | (No Data) | Total Cash Out | (101442.14) | 101442.14 |
| 776526 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 776526 | xxxxxx | First Rate Change Date | 09/01/2032 | 09/01/2029 |
| 776526 | xxxxxx | Months Reserves | 103.00 | 100.12 |
| 776526 | xxxxxx | Original Appraisal Date | 08/02/2022 | 08/16/2022 |
| 776526 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 776526 | xxxxxx | Product Type | 7/1 I/O ARM | 7/6 IO ARM |
| 776526 | xxxxxx | Total Cash Out | (485316.67) | 485316.67 |
| 776528 | xxxxxx | Cash Reserves | 54026.09 | 92754.44 |
| 776528 | xxxxxx | Months Reserves | 8.00 | 25.19 |
| 776575 | xxxxxx | Cash Reserves | 208345.35 | 41252.83 |
| 776575 | xxxxxx | Months Reserves | 6.00 | 8.15 |
| 776575 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 776651 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 776651 | xxxxxx | Months Reserves | 12.00 | 26.21 |
| 776651 | xxxxxx | Total Cash Out | (124210.34) | 123780.78 |
| 776951 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 776951 | (No Data) | Months Reserves | 102.00 | 108.06 |
| 776951 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 776951 | (No Data) | Product Type | 30 yr Fixed - 10 yr IO | 10/6 ARM |
| 776951 | (No Data) | Total Cash Out | (428732.77) | 428732.77 |
| 776958 | xxxxxx | Cash Reserves | 225753.00 | 71310.22 |
| 776958 | xxxxxx | Months Reserves | 22.00 | 21.98 |
| 777030 | xxxxxx | Cash Reserves | 100518.31 | 16194.17 |
| 777030 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 777030 | xxxxxx | Months Reserves | 8.00 | 7.86 |
| 777030 | xxxxxx | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 777039 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 777039 | xxxxxx | Months Reserves | 6.00 | 19.88 |
| 777039 | xxxxxx | Original Appraisal Date | 09/22/2022 | 05/19/2022 |
| 777039 | xxxxxx | Periodic Rate Cap | 2.000 | 1.000 |
| 777039 | xxxxxx | Product Type | 10/1 I/O ARM | 10/6 IO ARM |
| 777039 | xxxxxx | Total Cash Out | (79548.61) | 79548.61 |
| 777101 | xxxxxx | Borrower 1 First Time Home Buyer | Yes | No |
| 777101 | xxxxxx | Cash Reserves | 2164055.86 | 2238677.46 |
| 777101 | xxxxxx | Months Reserves | 30.00 | 81.91 |
| 777101 | xxxxxx | Original Appraisal Date | 09/01/2022 | 08/24/2022 |
| 777101 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 777205 | xxxxxx | Cash Reserves | 123714.74 | 38872.19 |
| 777205 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 777205 | xxxxxx | Months Reserves | 20.00 | 13.49 |
| 777237 | xxxxxx | Months Reserves | 17.00 | 18.50 |
| 777237 | xxxxxx | Total Cash Out | (27293.28) | 27642.15 |
| 777510 | xxxxxx | Cash Reserves | 282047.85 | 199072.24 |
| 777510 | xxxxxx | Credit Report Date | 07/29/2022 | 09/08/2022 |
| 777510 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 777510 | xxxxxx | Months Reserves | 17.00 | 35.24 |
| 777510 | xxxxxx | Original Appraisal Date | 08/10/2000 | 08/10/2022 |
| 777510 | xxxxxx | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 777638 | xxxxxx | Months Reserves | 6.00 | 72.43 |
| 777638 | xxxxxx | Total Cash Out | (270271.70) | 270271.70 |
| 777639 | xxxxxx | Cash Reserves | 318899.74 | 234703.75 |
| 777639 | xxxxxx | Credit Report Date | 08/29/2022 | 09/08/2022 |
| 777639 | xxxxxx | Debt to Income Ratio (Back) | 35.9190 | 43.4428 |
| 777639 | xxxxxx | Months Reserves | 27.00 | 19.54 |
| 777639 | xxxxxx | Original Appraisal Date | 09/01/2022 | 09/02/2022 |
| 777641 | xxxxxx | Borrower 1 First Time Home Buyer | Yes | No |
| 777641 | xxxxxx | Cash Reserves | 72100.09 | 17046.96 |
| 777641 | xxxxxx | Months Reserves | 11.00 | 6.01 |
| 777891 | (No Data) | Borrower 1 Self Employed Flag | Yes | No |
| 777891 | (No Data) | Months Reserves | 72.00 | 72.46 |
| 777891 | (No Data) | Total Cash Out | (1404.46) | 1404.46 |
| 777892 | xxxxxx | Cash Reserves | 136238.35 | 103303.24 |
| 777892 | xxxxxx | Months Reserves | 28.00 | 47.36 |
| 777892 | xxxxxx | Original Appraised Value | xxxxxx | xxxxxx |
| 778087 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778087 | (No Data) | Months Reserves | '-12.00 | 26.64 |
| 778087 | (No Data) | Total Cash Out | (82172.51) | 82172.51 |
| 778186 | (No Data) | Cash Reserves | 46222.97 | 99116.54 |
| 778186 | (No Data) | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 778186 | (No Data) | Months Reserves | 6.00 | 51.46 |
| 778186 | (No Data) | Total Cash Out | (53079.85) | 52893.57 |
| 778189 | (No Data) | Borrower 1 Self Employed Flag | Yes | No |
| 778189 | (No Data) | Debt to Income Ratio (Back) | 38.5880 | 34.4114 |
| 778189 | (No Data) | Months Reserves | 90.00 | 91.18 |
| 778190 | xxxxxx | Cash Reserves | 594850.35 | 426547.54 |
| 778190 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 778190 | xxxxxx | Months Reserves | 184.00 | 154.92 |
| 778190 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 778345 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 778345 | xxxxxx | Total Cash Out | (2.89) | 2.89 |
| 778347 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778347 | (No Data) | Months Reserves | 74.00 | 25.66 |
| 778347 | (No Data) | Periodic Rate Cap | 2.000 | 1.000 |
| 778347 | (No Data) | Product Type | 10/1 I/O ARM | 10/6 IO ARM |
| 778347 | (No Data) | Property Type | Low Rise Condo (1-4) | Mid Rise Condo (5-8) |
| 778347 | (No Data) | Total Cash Out | (37880.35) | 37817.35 |
| 778364 | xxxxxx | Cash Reserves | 206222.99 | 86608.13 |
| 778364 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 778364 | xxxxxx | Months Reserves | 14.00 | 10.84 |
| 778394 | xxxxxx | Cash Reserves | 318174.87 | 37936.54 |
| 778394 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 778394 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778394 | xxxxxx | Months Reserves | 71.00 | 8.44 |
| 778394 | xxxxxx | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 778435 | xxxxxx | Debt to Income Ratio (Back) | 45.5530 | 49.3809 |
| 778435 | xxxxxx | Product Type | 30 Yr Fixed Interest Only | 30 yr Fixed - 10 yr IO |
| 778491 | (No Data) | Borrower 1 Self Employed Flag | Yes | No |
| 778491 | (No Data) | Total Cash Out | (92113.59) | 92113.59 |
| 778546 | xxxxxx | Cash Reserves | 134766.42 | 54176.74 |
| 778546 | xxxxxx | Months Reserves | 23.00 | 23.12 |
| 778546 | xxxxxx | Representative Credit Score for Grading | 751 | 741 |
| 778653 | xxxxxx | Borrower 1 First Time Home Buyer | Yes | No |
| 778653 | xxxxxx | Cash Reserves | 205098.81 | 22983.35 |
| 778653 | xxxxxx | Months Reserves | 7.00 | 8.10 |
| 778678 | xxxxxx | Original Appraisal Date | 09/28/2022 | 04/14/2022 |
| 778678 | xxxxxx | Total Cash Out | (723878.56) | 723878.56 |
| 778683 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778683 | xxxxxx | Months Reserves | 6.00 | 71.15 |
| 778683 | xxxxxx | Total Cash Out | (202294.23) | 202294.23 |
| 778710 | (No Data) | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778710 | (No Data) | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 778710 | (No Data) | Total Cash Out | (109471.35) | 109471.35 |
| 778851 | xxxxxx | Cash Reserves | 104268.65 | 155453.38 |
| 778851 | xxxxxx | Months Reserves | 10.00 | 16.16 |
| 778851 | xxxxxx | Total Cash Out | (1665.08) | 1665.08 |
| 778854 | xxxxxx | Cash Reserves | 62469.00 | 11781.71 |
| 778854 | xxxxxx | Credit Report Date | 08/31/2022 | 09/19/2022 |
| 778854 | xxxxxx | Months Reserves | 3.00 | 4.05 |
| 778886 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 778886 | xxxxxx | Documentation Type | Full Doc | Alt Doc/Bank Statements |
| 778886 | xxxxxx | Months Reserves | 6.00 | 23.21 |
| 778886 | xxxxxx | Property Type | Low Rise Condo (1-4) | Mid Rise Condo (5-8) |
| 778886 | xxxxxx | Total Cash Out | (252451.48) | 250687.98 |
| 778902 | xxxxxx | Documentation Type | No Doc | Alt Doc/Bank Statements |
| 778902 | xxxxxx | Months Reserves | 6.00 | 2.37 |
| 778902 | xxxxxx | Product Type | 30 Yr Fixed | 30 Yr Fixed Interest Only |
| 778902 | xxxxxx | Total Cash Out | (6248.63) | 6248.63 |
| 778942 | xxxxxx | Cash Reserves | 89917.27 | 70967.53 |
| 778942 | xxxxxx | Debt to Income Ratio (Back) | 48.0160 | 42.7776 |
| 778942 | xxxxxx | Months Reserves | 26.00 | 29.97 |
| 779130 | xxxxxx | Disbursement Date | xxxxxx | xxxxxx |
| 779130 | xxxxxx | First Rate Change Date | 11/01/2032 | 11/01/2029 |
| 779130 | xxxxxx | Original Appraisal Date | 10/01/2022 | 09/20/2022 |
| 779130 | xxxxxx | Periodic Rate Cap | 5.000 | 1.000 |
| 779478 | xxxxxx | Cash Reserves | 76354.64 | 132175.37 |
| 779478 | xxxxxx | Months Reserves | 14.00 | 20.86 |
| 779553 | xxxxxx | Borrower 1 First Time Home Buyer | Yes | No |
| 779553 | xxxxxx | Cash Reserves | 260156.11 | 56709.51 |
| 779553 | xxxxxx | Months Reserves | 15.00 | 18.37 |
| 724887 | xxxxxx | Debt to Income Ratio (Back) | 52.8444 | 49.4997 |
| 724887 | xxxxxx | Debt to Income Ratio (Front) | 52.8444 | 48.0574 |
| 763774 | xxxxxx | Property Type | Detached PUD | Attached PUD |
| 763774 | xxxxxx | Representative Credit Score for Grading | 721 | 730 |
| 754996 | (No Data) | First Payment Date | xxxxxx | xxxxxx |
|©2022 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©2022 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©2022 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©2022 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |©2022 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. |

---

## Exhibit 99.12

**EXHIBIT 99.12**

**clayton non atr qm upload**

---

| | |
|:---|:---|
| **Client Name:** | **Verus** |
| **Client Project Name:** | **Verus 2023-1** |
| **Start - End Dates:** | **4/2019 - 11/2022** |
| **Deal Loan Count:** | **86** |
| **ATR QM Upload** | **ATR QM Upload** |
| *Loans in Report:* | *86* |

---

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| 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 |
| **Loan Number** | **Original Principal Balance** | **State** | **Loan Level ATR/QM Status** | **Lender Provided ATR/QM Worksheet** | **Initial Lender ATR/QM Status** | **Application Date** | **Borrowers Qualified Through a Non-Resident Alien Program** | **Occupancy** | **Property Type** | **Number of Units** | **Loan Type** | **Exempt Loan Product Type** | **Exempt Loan Housing Agency** | **Community Housing Development** | **Credit Under Economic Stabilization Act Of 2008** | **Refinance Of Non-Standard Mortgage** | **Higher Priced Covered Transaction** | **State Prepay Exceptions** | **Loan Purpose** | **Loan Term Exceeds 30 Years** | **Interest Only Feature** | **Negative Amortization** | **Balloon Payment** | **Prepay Penalty Flag** | **Prepayment Penalty Type** | **Prohibited Prepayment Penalty** | **Exceeds Points And Fees** | **Exceeds DTI Limit** | **Lien Position** | **APR** | **QM Calculated DTI Adherence** | **QM Lenders DTI Adherence** | **QM Fee Adherence - Total Charges %** | **QM Fee Adherence - Lenders Fee %** | **Fannie Mae Eligible** | **Freddie Mac Eligible** | **VA Guaranty Eligible** | **FHA Insured Eligible** | **USDA Guarantee Eligible** | **Rural Housing Service Insured Eligible** | **QM - Expected Income Or Assets For DTI** | **QM - Current Employment Status For DTI** | **QM - Monthly Payment On Subject Loan For DTI** | **QM - Monthly Payment On Additional Loan For DTI** | **QM - Monthly Payment Mortgage Related Obligations** | **QM - Current Debt Obligations Alimony and Child Support for DTI** | **QM - Monthly DTI Ratio Or Residual Income** | **ATR - Guidelines Provided to Document Approach** | **ATR - Current And Expected Income And Assets** | **ATR - Current Employment Status** | **ATR - Mortgage Payment Obligation** | **ATR - Mortgage Payment on Simultaneous Transaction** | **ATR - Payment For Mortgage Related Obligations** | **ATR - Debt Obligations Including Alimony and Child Support** | **ATR - Monthly DTI Ratio or Residual Income** | **ATR - Consumer Credit History** | **ATR Lenders - DTI (Back)** | **ATR Calculated DTI (Back)** | **QM Lender Value DTI (Back)** | **QM Calculated DTI (Back)** | **Initial DTI (Back)** | **DTI Qualifying (Back)** | **Residual Income Analysis in File** | **Residual Income Guidelines** | **Did Loan Meet Guidelines** | **Residual Income Amount** | **Short Sale** | **Short Sale Date** | **Deed In Lieu** | **Deed In Lieu Date** | **QRM Flag** | **Borrower 2 Guarantor Flag** | **Borrower 3 Guarantor Flag** | **Borrower 4 Guarantor Flag** | **Borrower 1 Paystub Flag** | **Borrower 1 Paystub Number of Months** | **Borrower 2 Paystub Flag** | **Borrower 2 Paystub Number of Months** | **Borrower 3 Paystub Flag** | **Borrower 3 Paystub Number of Months** | **Borrower 4 Paystub Flag** | **Borrower 4 Paystub Number of Months** | **Borrower 1 W2 Flag** | **Borrower 1 W2 Number of Months** | **Borrower 2 W2 Flag** | **Borrower 2 W2 Number of Months** | **Borrower 3 W2 Flag** | **Borrower 3 W2 Number of Months** | **Borrower 4 W2 Flag** | **Borrower 4 W2 Number of Months** | **Borrower 1 Personal Tax Return Flag** | **Borrower 1 Personal Tax Return Number of Months** | **Borrower 2 Personal Tax Return Flag** | **Borrower 2 Personal Tax Return Number of Months** | **Borrower 3 Personal Tax Return Flag** | **Borrower 3 Personal Tax Return Number of Months** | **Borrower 4 Personal Tax Return Flag** | **Borrower 4 Personal Tax Return Number of Months** | **Borrower 1 Business Tax Return Flag** | **Borrower 1 Business Tax Return Number of Months** | **Borrower 2 Business Tax Return Flag** | **Borrower 2 Business Tax Return Number of Months** | **Borrower 3 Business Tax Return Flag** | **Borrower 3 Business Tax Return Number of Months** | **Borrower 4 Business Tax Return Flag** | **Borrower 4 Business Tax Return Number of Months** | **Borrower 1 Verbal VOE Flag** | **Borrower 1 Verbal VOE Number of Months** | **Borrower 2 Verbal VOE Flag** | **Borrower 2 Verbal VOE Number of Months** | **Borrower 3 Verbal VOE Flag** | **Borrower 3 Verbal VOE Number of Months** | **Borrower 4 Verbal VOE Flag** | **Borrower 4 Verbal VOE Number of Months** | **Borrower 1 Written VOE Flag** | **Borrower 1 Written VOE Number of Months** | **Borrower 2 Written VOE Flag** | **Borrower 2 Written VOE Number of Months** | **Borrower 3 Written VOE Flag** | **Borrower 3 Written VOE Number of Months** | **Borrower 4 Written VOE Flag** | **Borrower 4 Written VOE Number of Months** | **Borrower 1 P&L Flag** | **Borrower 1 P&L Number of Months** | **Borrower 2 P&L Flag** | **Borrower 2 P&L Number of Months** | **Borrower 3 P&L Flag** | **Borrower 3 P&L Number of Months** | **Borrower 4 P&L Flag** | **Borrower 4 P&L Number of Months** | **Borrower 1 Lease Agreement Flag** | **Borrower 1 Lease Agreement Number of Months** | **Borrower 2 Lease Agreement Flag** | **Borrower 2 Lease Agreement Number of Months** | **Borrower 3 Lease Agreement Flag** | **Borrower 3 Lease Agreement Number of Months** | **Borrower 4 Lease Agreement Flag** | **Borrower 4 Lease Agreement Number of Months** | **Equity Income Flag** | **Equity Income Amount** | **Equity Income Number of Months** | **DSCR with Rent Schedule Flag** | **DSCR with Rent Schedule Income Amount** | **DSCR with Lease Agreement Flag** | **DSCR with Lease Agreement Income Amount** | **DSCR %** | **Borrower 1 CPA Letter with Income Flag** | **Borrower 1 CPA Letter with Income Number of Months** | **Borrower 1 CPA Letter without Income Flag** | **Borrower 1 CPA Letter without Income Number of Months** | **Borrower 2 CPA Letter with Income Flag** | **Borrower 2 CPA Letter with Income Number of Months** | **Borrower 2 CPA Letter without Income Flag** | **Borrower 2 CPA Letter without Income Number of Months** | **Borrower 3 CPA Letter with Income Flag** | **Borrower 3 CPA Letter with Income Number of Months** | **Borrower 3 CPA Letter without Income Flag** | **Borrower 3 CPA Letter without Income Number of Months** | **Borrower 4 CPA Letter with Income Flag** | **Borrower 4 CPA Letter with Income Number of Months** | **Borrower 4 CPA Letter without Income Flag** | **Borrower 4 CPA Letter without Income Number of Months** | **Borrower 1 Personal Bank Statements Flag** | **Borrower 1 Personal Bank Statements Number of Months** | **Borrower 2 Personal Bank Statements Flag** | **Borrower 2 Personal Bank Statements Number of Months** | **Borrower 3 Personal Bank Statements Flag** | **Borrower 3 Personal Bank Statements Number of Months** | **Borrower 4 Personal Bank Statements Flag** | **Borrower 4 Personal Bank Statements Number of Months** | **Borrower 1 Business Bank Statements Flag** | **Borrower 1 Business Bank Statements Number of Months** | **Borrower 2 Business Bank Statements Flag** | **Borrower 2 Business Bank Statements Number of Months** | **Borrower 3 Business Bank Statements Flag** | **Borrower 3 Business Bank Statements Number of Months** | **Borrower 4 Business Bank Statements Flag** | **Borrower 4 Business Bank Statements Number of Months** | **Borrower 1 Award Letter Flag** | **Borrower 1 Award Letter Number of Months** | **Borrower 2 Award Letter Flag** | **Borrower 2 Award Letter Number of Months** | **Borrower 3 Award Letter Flag** | **Borrower 3 Award Letter Number of Months** | **Borrower 4 Award Letter Flag** | **Borrower 4 Award Letter Number of Months** | **Borrower 1 Offer Letter Flag** | **Borrower 1 Offer Letter Number of Months** | **Borrower 2 Offer Letter Flag** | **Borrower 2 Offer Letter Number of Months** | **Borrower 3 Offer Letter Flag** | **Borrower 3 Offer Letter Number of Months** | **Borrower 4 Offer Letter Flag** | **Borrower 4 Offer Letter Number of Months** | **Borrower 1 IRS Transcripts - Tax Returns Flag** | **Borrower 1 IRS Transcripts - Tax Returns Number of Months** | **Borrower 1 IRS Transcripts - W2s Flag** | **Borrower 1 IRS Transcripts - W2s Number of Months** | **Borrower 2 IRS Transcripts - Tax Returns Flag** | **Borrower 2 IRS Transcripts - Tax Returns Number of Months** | **Borrower 2 IRS Transcripts - W2s Flag** | **Borrower 2 IRS Transcripts - W2s Number of Months** | **Borrower 3 IRS Transcripts - Tax Returns Flag** | **Borrower 3 IRS Transcripts - Tax Returns Number of Months** | **Borrower 3 IRS Transcripts - W2s Flag** | **Borrower 3 IRS Transcripts - W2s Number of Months** | **Borrower 4 IRS Transcripts - Tax Returns Flag** | **Borrower 4 IRS Transcripts - Tax Returns Number of Months** | **Borrower 4 IRS Transcripts - W2s Flag** | **Borrower 4 IRS Transcripts - W2s Number of Months** | **Borrower 1 Income Doc Type Summary** | **Borrower 2 Income Doc Type Summary** | **Borrower 3 Income Doc Type Summary** | **Borrower 4 Income Doc Type Summary** |
| 724887 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.0808 | No | No | 1.768 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 52.84 | 53.31 | 52.84 | 56.47 | 49.5 | 53.31 | Yes | Yes | Yes | 1750.68 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Paystub - 1 months;<br> Verbal VOE with Income - 1 months;<br> W2 - 24 months;<br> Written VOE - 1 months; | (No Data) | (No Data) | (No Data) |
| 754996 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 3% of amt prepd | (No Data) | No | Yes | 1 | 4.7500 | No | No | 3 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1671.76 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1801.01 | 1.64 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) | (No Data) |
| 763774 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Not Provided | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Attached PUD | 1 | Conventional | No | No | No | No | (No Data) | No | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 4.2122 | Yes | Yes | 2.361 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 12.18 | 12.18 | 12.18 | 12.18 | 12.18 | 12.18 | No | No | (No Data) | 30320.9 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 768249 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2048.77 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 7000.00 | No | (No Data) | 3.42 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 768754 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3006.3 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2000.00 | No | (No Data) | 0.67 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 769249 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -8863.55 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 4800.00 | No | (No Data) | 0.54 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 769273 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.7500 | Yes | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 17.38 | 0 | 17.38 | 17.38 | 17.38 | (No Data) | (No Data) | (No Data) | 8262.38 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 769393 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.7500 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2470.71 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 1800.00 | No | (No Data) | 0.73 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 770081 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.0293 | Yes | Yes | 4.03 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 33.88 | 33.65 | 33.88 | 33.65 | 33.65 | 33.65 | No | No | (No Data) | 11058.71 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter without Income - 1 months;<br> Verbal VOE with Income - 1 months;<br> W2 - 24 months; | (No Data) | (No Data) | (No Data) |
| 770836 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | Yes | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3414.84 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2850.00 | No | (No Data) | 0.83 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 771200 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Attached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.3244 | Yes | Yes | 4.11 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 36.7 | 36.49 | 36.7 | 36.49 | 36.49 | 36.49 | No | No | (No Data) | 3919.96 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Personal Bank Statements - 24 months; | (No Data) | (No Data) | (No Data) |
| 771207 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 4 Family | 4 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3943.07 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3625.00 | No | (No Data) | 0.92 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 771208 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 7.8251 | No | No | 4.004 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 46.44 | 46.71 | 46.44 | 46.71 | 46.71 | 46.71 | No | No | (No Data) | 2953.78 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Paystub - 1 months;<br> W2 - 24 months; | (No Data) | (No Data) | (No Data) |
| 771212 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.7501 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -7856.01 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 4200.00 | No | (No Data) | 0.53 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 771370 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3786.88 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2800.00 | No | (No Data) | 0.74 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 771838 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1866.73 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1600.00 | 0.86 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) | (No Data) |
| 771960 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.7400 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1189.87 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 1200.00 | No | (No Data) | 1.01 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 771961 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 10.9899 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1019.42 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1100.00 | 1.08 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) |
| 771965 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 3 Family | 3 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.2400 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1517.34 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2150.00 | No | (No Data) | 1.42 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 772046 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 7.6664 | Yes | Yes | 4.092 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 13.8 | 13.65 | 13.8 | 13.65 | 13.65 | 13.65 | No | No | (No Data) | 18031.31 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 2 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 2 months;<br> CPA Letter without Income - 24 months;<br> IRS Transcripts – W2(s) - 12 months; | (No Data) | (No Data) | (No Data) |
| 772134 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6251 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3550.68 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2850.00 | No | (No Data) | 0.80 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 772140 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.2780 | No | No | 2.545 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 46.7 | 46.7 | 46.7 | 46.7 | 46.7 | 46.7 | No | No | (No Data) | 6695.84 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter without Income - 24 months;<br> Personal Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 772226 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.7392 | Yes | Yes | 1.842 | 0.000 | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 26.59 | 27.55 | 26.59 | 27.55 | 27.55 | 27.55 | No | No | (No Data) | 10917.48 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 772532 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Attached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.8750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4958.66 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3950.00 | No | (No Data) | 0.80 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 772537 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Attached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 6.8750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4994.02 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3950.00 | No | (No Data) | 0.79 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 772579 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 9.7562 | No | No | 3.157 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 48.06 | 44.38 | 48.06 | 44.38 | 44.38 | 44.38 | No | No | (No Data) | 4624.89 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 772909 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4529.04 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3200.00 | No | (No Data) | 0.71 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 773122 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.3750 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3734.29 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2800.00 | No | (No Data) | 0.75 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 773254 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.6250 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -7137.43 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 4500.00 | No | (No Data) | 0.63 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 774539 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.8456 | Yes | Yes | 0 | 0.000 | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 40.96 | 40.23 | 40.96 | 40.23 | 40.23 | 40.23 | No | No | (No Data) | 6598.58 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 24 months; | Business Bank Statements - 24 months; | (No Data) | (No Data) |
| 774982 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 10.4648 | Yes | Yes | 2.187 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | No | No | (No Data) | 146730.12 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 3 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 3 months;<br> CPA Letter without Income - 24 months;<br> P & L - 12 months; | (No Data) | (No Data) | (No Data) |
| 774984 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.6370 | No | No | 1.887 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 49.55 | 45.92 | 49.55 | 45.92 | 45.92 | 45.92 | No | No | (No Data) | 11035.09 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 36 | Yes | 36 | No | (No Data) | No | (No Data) | Yes | 24 | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | Yes | 36 | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 24 months;<br> IRS Transcripts – W2(s) - 36 months;<br> Personal Tax Return - 24 months;<br> W2 - 36 months;<br> Written VOE - 24 months; | Business Tax Return - 12 months;<br> IRS Transcripts – Tax Return(s) - 36 months;<br> Personal Tax Return - 36 months;<br> W2 - 36 months; | (No Data) | (No Data) |
| 774997 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 9.2298 | Yes | Yes | 2.843 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 41.91 | 40.02 | 41.91 | 40.02 | 40.02 | 40.02 | No | No | (No Data) | 10172.25 | No | (No Data) | No | (No Data) | No | No | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 24 | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 31 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | IRS Transcripts – W2(s) - 36 months;<br> Paystub - 1 months;<br> W2 - 24 months;<br> Written VOE - 31 months; | (No Data) | IRS Transcripts – W2(s) - 24 months;<br> Paystub - 1 months;<br> W2 - 24 months; | (No Data) |
| 775132 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | No | No | No | Yes | 6 mos interest on amt prepd in 12 mos that is >20% of OPB | (No Data) | Yes | Yes | 1 | 8.0001 | Yes | No | 3.2 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 33.2 | 0 | 33.2 | 33.2 | 33.2 | (No Data) | (No Data) | (No Data) | 13258.04 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months;<br> Personal Bank Statements - 24 months; | (No Data) | (No Data) | (No Data) |
| 775203 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.3701 | Yes | Yes | 2.045 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 30.59 | 30.34 | 30.59 | 30.34 | 30.34 | 30.34 | No | No | (No Data) | 7268.94 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 775209 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.8729 | Yes | Yes | 0.919 | Not Applicable | No | No | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 37.75 | 36.92 | 37.75 | 36.92 | 36.92 | 37.76 | No | No | (No Data) | 8432.26 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 1 | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 26 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter with Income - 1 months;<br> CPA Letter without Income - 1 months;<br> P & L - 24 months;<br> Personal Bank Statements - 26 months;<br> Verbal VOE with Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 775438 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2848.77 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3000.00 | No | (No Data) | 1.05 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 775441 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.8650 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4530.37 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3600.00 | No | (No Data) | 0.79 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 775804 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 9.6962 | Yes | Yes | 2.034 | 0.000 | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 34.51 | 32.27 | 34.51 | 32.27 | 32.27 | 32.27 | No | No | (No Data) | 22141 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | Business Bank Statements - 12 months; | (No Data) | (No Data) |
| 775845 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 9.7641 | No | No | 3.329 | 3.329 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 46.75 | 46.76 | 46.75 | 46.76 | 46.76 | 46.76 | Yes | Yes | Yes | 7472.61 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 776131 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1892.44 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 2500.00 | 1.32 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) |
| 776419 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Low Rise Condo (1-4) | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.9916 | No | No | 1.522 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 43.39 | 44.1 | 43.39 | 44.1 | 44.1 | 44.1 | No | No | (No Data) | 12124.95 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 24 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 776480 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.7501 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3210.27 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3500.00 | No | (No Data) | 1.09 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 776526 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4847.33 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 4850.00 | No | (No Data) | 1.00 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 776528 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.2092 | No | No | 2.853 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 48.26 | 48.27 | 48.26 | 48.27 | 48.27 | 48.27 | No | No | (No Data) | 4814.95 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 776575 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.7180 | Yes | Yes | 1.888 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 9.92 | 9.92 | 9.92 | 9.92 | 9.92 | 9.92 | No | No | (No Data) | 78088.65 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 24 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 776651 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.8845 | No | No | 2.472 | Not Applicable | No | No | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 49.56 | 49.66 | 49.56 | 49.66 | 49.66 | 49.66 | No | No | (No Data) | 6046.27 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months;<br> Personal Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 776951 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3967.72 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 3500.00 | 0.88 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) |
| 776958 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 7.4017 | Yes | Yes | 3.229 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 29.67 | 29.68 | 29.67 | 29.68 | 29.68 | 29.68 | No | No | (No Data) | 10285.5 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 24 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 776961 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.8289 | Yes | Yes | 0.752 | 0.000 | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 18.87 | 18.88 | 18.87 | 18.88 | 18.88 | 18.88 | No | No | (No Data) | 24407.16 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 777030 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2061.16 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2000.00 | No | (No Data) | 0.97 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 777039 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4000.87 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 3015.00 | 0.75 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) | (No Data) |
| 777101 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | Yes | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 7.0766 | Yes | Yes | 3.654 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 17.99 | 20.04 | 17.99 | 16.56 | 16.56 | 16.56 | No | No | (No Data) | 178848.78 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 777205 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 9.1896 | Yes | Yes | 1.195 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 39.43 | 39.42 | 39.43 | 39.42 | 39.42 | 39.42 | No | No | (No Data) | 5846.43 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) | (No Data) |
| 777237 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.6865 | No | No | 1.361 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 44.46 | 44.48 | 44.46 | 44.48 | 44.48 | 44.48 | No | No | (No Data) | 5783.76 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter with Income - 12 months; | (No Data) | (No Data) | (No Data) |
| 777510 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Detached PUD | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.9901 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -5648.88 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 5700.00 | No | (No Data) | 1.01 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 777513 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.1956 | Yes | Yes | 4.347 | Not Applicable | No | No | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 26.77 | 26.89 | 26.77 | 26.89 | 26.89 | 26.89 | No | No | (No Data) | 23297.42 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months;<br> Verbal VOE with Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 777638 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Cashout Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.5110 | Yes | Yes | 2.467 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 15.79 | 14.25 | 15.79 | 14.25 | 14.25 | 14.25 | No | No | (No Data) | 38897.68 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 777639 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.1053 | No | Yes | 1.924 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 35.92 | 43.44 | 35.92 | 43.44 | 43.44 | 43.44 | No | No | (No Data) | 23441.6 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 26 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 26 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 777641 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.5711 | Yes | Yes | 2.848 | 2.848 | (No Data) | (No Data) | No | No | No | No | No | Yes | Yes | (No Data) | Yes | Yes | Yes | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 41.16 | 41.17 | 41.17 | 41.17 | 41.17 | 41.17 | No | No | (No Data) | 7030.96 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 777891 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | Yes | No | No | Yes | 6 mos interest if amt prepd in 12 mos that is >20% of OPB | (No Data) | Yes | Yes | 1 | 8.5000 | Yes | No | 4.25 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 36.17 | 0 | 36.17 | 36.17 | 36.17 | (No Data) | (No Data) | (No Data) | 46537.78 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 36 months; | (No Data) | (No Data) |
| 777892 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.1655 | Yes | Yes | 4.095 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 25.46 | 26.33 | 25.46 | 26.33 | 26.33 | 26.33 | No | No | (No Data) | 13844.72 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 96 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 96 months; | (No Data) | (No Data) | (No Data) |
| 778087 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 2 Family | 2 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.9901 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -3084.64 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 3600.00 | No | (No Data) | 1.17 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 778186 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.1250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1925.99 | No | (No Data) | No | (No Data) | No | Yes | Yes | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 2300.00 | No | (No Data) | 1.19 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) |
| 778189 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | Yes | No | No | Yes | 6 mos interest if amt prepd in 12 mos that is >20% of OPB | (No Data) | Yes | Yes | 1 | 8.5000 | Yes | No | 4.25 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 34.41 | 0 | 34.41 | 34.41 | 34.63 | (No Data) | (No Data) | (No Data) | 53479.15 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) |
| 778190 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 7.7328 | No | No | 2.157 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 51.07 | 50.11 | 51.07 | 50.11 | 50.11 | 50.11 | No | No | (No Data) | 4141.71 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 1 | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | 1099 - 24 months;<br> Award Letter - 1 months;<br> CPA Letter without Income - 1 months; | Award Letter - 24 months;<br> W2 - 12 months; | (No Data) | (No Data) |
| 778345 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Rate and Term Refi | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.0000 | No | No | 0 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 48.5 | 0 | 48.5 | 48.5 | 48.5 | (No Data) | (No Data) | (No Data) | 5577.15 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months; | (No Data) | (No Data) | (No Data) |
| 778347 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Mid Rise Condo (5-8) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 9.4900 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1473.65 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 1250.00 | No | (No Data) | 0.85 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 778364 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.2336 | No | No | 2.673 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 44.53 | 44.54 | 44.54 | 44.54 | 44.54 | 44.54 | No | No | (No Data) | 9983.61 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 24 months; | (No Data) | (No Data) |
| 778394 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 3 Family | 3 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Purchase | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.6250 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -4495.26 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 5800.00 | No | (No Data) | 1.29 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 778435 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Low Rise Condo (1-4) | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | Yes | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 8.2257 | No | No | 1.979 | Unavailable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 45.55 | 55.83 | 45.55 | 49.38 | 49.38 | 49.38 | Yes | Yes | Yes | 8362.07 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | Yes | 27 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 27 months;<br> CPA Letter without Income - 1 months; | CPA Letter without Income - 1 months;<br> Personal Bank Statements - 12 months; | (No Data) | (No Data) |
| 778491 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | No | No | No | Yes | 6 mos interest if amt prepd in 12 mos that is >20% of OPB | (No Data) | Yes | Yes | 1 | 9.1250 | Yes | No | 4.563 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 41.31 | 0 | 41.31 | 41.31 | 41.31 | (No Data) | (No Data) | (No Data) | 22107.94 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 12 months; | Business Bank Statements - 12 months;<br> CPA Letter without Income - 12 months; | (No Data) | (No Data) |
| 778525 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 8.2934 | Yes | Yes | 2.613 | Not Applicable | (No Data) | (No Data) | No | No | No | No | No | No | No | (No Data) | No | No | No | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 42.5 | 42.5 | 42.5 | 42.5 | 42.5 | 42.5 | No | No | (No Data) | 12852.02 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | W2 - 12 months;<br> Written VOE - 24 months; | (No Data) | (No Data) | (No Data) |
| 778546 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 8.1784 | Yes | Yes | 3.87 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 29.87 | 29.87 | 29.87 | 29.87 | 29.87 | 29.87 | No | No | (No Data) | 8595.48 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 3 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 3 months;<br> CPA Letter without Income - 12 months; | (No Data) | (No Data) | (No Data) |
| 778653 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | No | Yes | 1 | 9.4244 | No | No | 2.512 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 44.25 | 44.71 | 44.25 | 44.71 | 44.71 | 44.71 | No | No | (No Data) | 3648.83 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 11 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 3 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 3 months;<br> CPA Letter without Income - 1 months;<br> P & L - 11 months; | (No Data) | (No Data) | (No Data) |
| 778678 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 12 mos interest on amt prepd that is >20% of OPB | (No Data) | Yes | Yes | 1 | 7.8751 | Yes | No | 6.3 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 35.91 | 0 | 35.91 | 35.91 | 35.91 | (No Data) | (No Data) | (No Data) | 38133.17 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | Yes | 1 | Yes | 1 | No | (No Data) | No | (No Data) | Yes | 36 | Yes | 36 | No | (No Data) | No | (No Data) | Yes | 24 | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 32 | Yes | 32 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 36 | Yes | 36 | Yes | 36 | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | IRS Transcripts – Tax Return(s) - 36 months;<br> IRS Transcripts – W2(s) - 36 months;<br> Lease Agreement - 12 months;<br> Paystub - 1 months;<br> Personal Tax Return - 24 months;<br> W2 - 36 months;<br> Written VOE - 32 months; | IRS Transcripts – Tax Return(s) - 36 months;<br> IRS Transcripts – W2(s) - 36 months;<br> Lease Agreement - 12 months;<br> Paystub - 1 months;<br> Personal Tax Return - 24 months;<br> W2 - 36 months;<br> Written VOE - 32 months; | (No Data) | (No Data) |
| 778683 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | 4 Family | 4 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 7.7501 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2843.32 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 4415.00 | No | (No Data) | 1.55 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 778710 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | SFR | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 10.5000 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -1481.65 | No | (No Data) | No | (No Data) | No | Yes | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 750.00 | No | (No Data) | 0.51 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) |
| 778851 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Second Home | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Rate and Term Refi | No | No | No | No | No | (No Data) | (No Data) | No | No | 1 | 7.8973 | Yes | Yes | 1.949 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 13.02 | 13.02 | 13.02 | 13.02 | 13.02 | 13.02 | No | No | (No Data) | 161096.07 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 778854 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | No | 1 | 10.6854 | Yes | Yes | 3.58 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 17.93 | 17.93 | 17.93 | 17.93 | 17.93 | 17.93 | No | No | (No Data) | 17407.57 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 36 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 36 months; | (No Data) | (No Data) | (No Data) |
| 778886 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Mid Rise Condo (5-8) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | No | (No Data) | Cashout Refi | No | No | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.3650 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -9894.24 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 8500.00 | No | (No Data) | 0.86 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/rent schedule - 0 months; | (No Data) | (No Data) | (No Data) |
| 778902 | xxxxxx | xxxxxx | ATR/QM: Exempt | (No Data) | (No Data) | xxxxxx | (No Data) | Investor | Low Rise Condo (1-4) | 1 | Conventional | No | No | (No Data) | (No Data) | (No Data) | Yes | (No Data) | Cashout Refi | No | Yes | No | No | Yes | 5% of amt prepd | (No Data) | Yes | Yes | 1 | 8.7500 | No | No | 5 | (No Data) | (No Data) | (No Data) | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | 0 | 0 | 0 | 0 | 0 | 0 | (No Data) | (No Data) | (No Data) | -2638.84 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 2000.00 | 0.76 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | DSCR - w/lease agreement - 0 months; | (No Data) | (No Data) | (No Data) |
| 778942 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 8.8286 | Yes | No | 4.554 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 48.01 | 42.78 | 48.01 | 42.78 | 42.78 | 42.78 | No | No | (No Data) | 4096.07 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) |
| 779130 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | SFR | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | Yes | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 8.9354 | Yes | No | 3.897 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 43.35 | 45.98 | 43.35 | 40.4 | 40.4 | 42.52 | No | No | (No Data) | 12235.22 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 24 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 24 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) | (No Data) |
| 779478 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 9.3424 | No | No | 3.956 | 0.000 | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 49.04 | 47.24 | 49.04 | 47.24 | 47.24 | 47.24 | No | No | (No Data) | 11646.95 | No | (No Data) | No | (No Data) | No | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | Yes | 1 | No | (No Data) | Yes | 1 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 12 | Yes | 12 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | Business Bank Statements - 12 months;<br> CPA Letter without Income - 1 months; | (No Data) | (No Data) |
| 779553 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Present | Non-QM: Lender documented all ATR UW factors | xxxxxx | (No Data) | Primary | Detached PUD | 1 | Conventional | No | No | No | No | (No Data) | Yes | No | Purchase | No | No | No | No | No | (No Data) | (No Data) | Yes | Yes | 1 | 9.4189 | No | No | 4.331 | Not Applicable | (No Data) | (No Data) | No | No | No | No | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | (No Data) | Yes | Documented | Documented | Documented | Not Applicable | Documented | Documented | Documented | Documented | 49.03 | 49.03 | 49.03 | 49.03 | 49.03 | 49.03 | Yes | Yes | Yes | 4865.35 | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | Yes | 9 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | (No Data) | No | (No Data) | No | (No Data) | (No Data) | Yes | 24 | Yes | 84 | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | No | (No Data) | CPA Letter with Income - 24 months;<br> CPA Letter without Income - 84 months;<br> P & L - 9 months; | (No Data) | (No Data) | (No Data) |

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## Exhibit 99.13

**EXHIBIT 99.13**

**clayton rating agency grades report**

---

| | |
|:---|:---|
| **Client Name:** | **Verus** |
| **Client Project Name:** | **Verus 2023-1** |
| **Start - End Dates:** | **4/2019 - 11/2022** |
| **Deal Loan Count:** | **86** |
| **Conditions Report** | **Conditions Report** |
| ***Loans in Report:*** | *86* |
| ***Loans with Conditions:*** | *38* |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan Number** | **TRID Indicator** | **Lender Application Date** | **Broker Application Date** | **KBRA Initial Securitization Loan Compliance Grade** | **KBRA Final Securitization Loan Compliance Grade** | **Initial S&P Loan Compliance Grade** | **Final S&P Loan Compliance Grade** |
| 724887 | Yes | xxxxxx | xxxxxx C B A | B | B C A | B | B |
| 754996 | Yes | xxxxxx | xxxxxx D B A | A | A D B | A | A |
| 763774 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 768249 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 768754 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 769249 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 769273 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 769393 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 770081 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 770836 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771200 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771207 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771208 | Yes | xxxxxx | xxxxxx C A | C | A C | C | A |
| 771212 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771370 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771838 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 771960 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 771961 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 771965 | Yes | xxxxxx | xxxxxx C A | N/A | N/A C | N/A | N/A |
| 772046 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772134 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772140 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772226 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772532 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772537 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772579 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 772909 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 773122 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 773254 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 774539 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 774982 | Yes | xxxxxx | xxxxxx B A | A | A B | A | A |
| 774984 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 774997 | Yes | xxxxxx | xxxxxx B A | B | A B | B | A |
| 775132 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 775203 | Yes | xxxxxx | xxxxxx C B A | C | B C A | C | B |
| 775209 | Yes | xxxxxx | xxxxxx B A | B | B A | B | B |
| 775438 | Yes | xxxxxx | xxxxxx D A C | A | A D C | A | A |
| 775441 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 775804 | Yes | xxxxxx | xxxxxx C A | C | A C | C | A |
| 775845 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776131 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 776419 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776480 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 776526 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776528 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776575 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776651 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776951 | Yes | xxxxxx | xxxxxx C A | N/A | N/A C | N/A | N/A |
| 776958 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 776961 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 777030 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 777039 | Yes | xxxxxx | xxxxxx B A | A | A B | A | A |
| 777101 | Yes | xxxxxx | xxxxxx C B A | C | B C A | C | B |
| 777205 | Yes | xxxxxx | xxxxxx C B A | A | A C B | A | A |
| 777237 | Yes | xxxxxx | xxxxxx D B A | D | B D A | D | B |
| 777510 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 777513 | Yes | xxxxxx | xxxxxx C B A | C | A C B | C | A |
| 777638 | Yes | xxxxxx | xxxxxx C A | C | A C | C | A |
| 777639 | Yes | xxxxxx | xxxxxx C A | B | A C | B | A |
| 777641 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 777891 | Yes | xxxxxx | xxxxxx C A | N/A | N/A C | N/A | N/A |
| 777892 | Yes | xxxxxx | xxxxxx D A C | D | A D C | D | A |
| 778087 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 778186 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 778189 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 778190 | Yes | xxxxxx | xxxxxx C A | C | A C | C | A |
| 778345 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778347 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 778364 | Yes | xxxxxx | xxxxxx C A | C | A C | C | A |
| 778394 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778435 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778491 | Yes | xxxxxx | xxxxxx D B A | N/A | N/A D B | N/A | N/A |
| 778525 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778546 | Yes | xxxxxx | xxxxxx B A | B | B A | B | B |
| 778653 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778678 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778683 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778710 | Yes | xxxxxx | xxxxxx A | N/A | N/A | N/A | N/A |
| 778851 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778854 | Yes | xxxxxx | xxxxxx C A | A | A C | A | A |
| 778886 | Yes | xxxxxx | xxxxxx D A | A | A D | A | A |
| 778902 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 778942 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 779130 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 779478 | Yes | xxxxxx | xxxxxx A | A | A | A | A |
| 779553 | Yes | xxxxxx | xxxxxx A | A | A | A | A |

---

## Exhibit 99.14

**EXHIBIT 99.14**

**clayton valuations summary**

---

| | |
|:---|:---|
| **Client Name:** | Verus |
| **Client Project Name:** | Verus 2023-1 |
| **Start - End Dates:** | 4/2019 - 11/2022 |
| **Deal Loan Count:** | 86 |
| **Valuations Summary** |  |
| *Loans in Report:* | *86* |

---

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Origination Values** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **Desk Review** | **AUS Infomation** |
| **Loan Number** | **Original Balance** | **Sales Price** | **Value For LTV** | **Appraised Date** | **Appraised Value** | **Appraisal Form** | **AVM Vendor Name** | **Confidence Score** | **Review Date** | **Review Value** | **Variance Amount** | **Variance (%)** | **Review Type** | **Valuation Source** | **Report Date** | **Value** | **Variance Amount** | **Variance (%)** | **CU Score** |
| 724887 | xxxxxx | xxxxxx | xxxxxx | 03/22/2019 | xxxxxx | 1004 SFR (Mar 05) |  |  | 03/28/2019 | xxxxxx | xxxxxx | -5.43% | AVM | Clear Capital | 06/04/2019 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 754996 | xxxxxx | $0.00 | xxxxxx | 02/25/2020 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/01/2020 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 763774 | xxxxxx | $0.00 | xxxxxx | 11/25/2021 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 768249 | xxxxxx | xxxxxx | xxxxxx | 01/25/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.3 |
| 768754 | xxxxxx | xxxxxx | xxxxxx | 03/04/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 2.4 |
| 769249 | xxxxxx | xxxxxx | xxxxxx | 02/20/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 03/30/2022 | xxxxxx | $0.00 | 0.00% | 3.6 |
| 769273 | xxxxxx | xxxxxx | xxxxxx | 03/23/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 04/11/2022 | xxxxxx | $0.00 | 0.00% | 2.6 |
| 769393 | xxxxxx | xxxxxx | xxxxxx | 03/14/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 03/28/2022 | xxxxxx | $0.00 | 0.00% | 4.3 |
| 770081 | xxxxxx | xxxxxx | xxxxxx | 03/24/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 04/08/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 770836 | xxxxxx | $0.00 | xxxxxx | 02/22/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/06/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 771200 | xxxxxx | $0.00 | xxxxxx | 04/14/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/08/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 771207 | xxxxxx | $0.00 | xxxxxx | 03/15/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/06/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 771208 | xxxxxx | $0.00 | xxxxxx | 05/11/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/27/2022 | xxxxxx | $0.00 | 0.00% | 2.6 |
| 771212 | xxxxxx | $0.00 | xxxxxx | 04/05/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 05/27/2022 | xxxxxx | $0.00 | 0.00% | 1.6 |
| 771370 | xxxxxx | xxxxxx | xxxxxx | 05/08/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 771838 | xxxxxx | $0.00 | xxxxxx | 05/10/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 771960 | xxxxxx | $0.00 | xxxxxx | 05/16/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 771961 | xxxxxx | $0.00 | xxxxxx | 05/16/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.1 |
| 771965 | xxxxxx | $0.00 | xxxxxx | 05/16/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/14/2022 | xxxxxx | xxxxxx | -9.33% | (No Data) |
| 772046 | xxxxxx | $0.00 | xxxxxx | 05/24/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 772134 | xxxxxx | xxxxxx | xxxxxx | 05/14/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/08/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 772140 | xxxxxx | xxxxxx | xxxxxx | 05/10/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/16/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 772226 | xxxxxx | xxxxxx | xxxxxx | 05/23/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/09/2022 | xxxxxx | $0.00 | 0.00% | 1.4 |
| 772532 | xxxxxx | $0.00 | xxxxxx | 05/23/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/05/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 772537 | xxxxxx | $0.00 | xxxxxx | 05/23/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/05/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 772579 | xxxxxx | xxxxxx | xxxxxx | 06/02/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/16/2022 | xxxxxx | $0.00 | 0.00% | 2.6 |
| 772909 | xxxxxx | $0.00 | xxxxxx | 05/29/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/01/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 773122 | xxxxxx | $0.00 | xxxxxx | 03/04/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/10/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 773254 | xxxxxx | xxxxxx | xxxxxx | 06/02/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/16/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 774539 | xxxxxx | xxxxxx | xxxxxx | 07/06/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/13/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 774982 | xxxxxx | xxxxxx | xxxxxx | 07/20/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 774984 | xxxxxx | xxxxxx | xxxxxx | 01/19/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 774997 | xxxxxx | xxxxxx | xxxxxx | 06/18/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 775132 | xxxxxx | xxxxxx | xxxxxx | 07/06/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 775203 | xxxxxx | $0.00 | xxxxxx | 03/21/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 775209 | xxxxxx | xxxxxx | xxxxxx | 07/19/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/28/2022 | xxxxxx | $0.00 | 0.00% | 2.6 |
| 775438 | xxxxxx | xxxxxx | xxxxxx | 07/14/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 2 |
| 775441 | xxxxxx | $0.00 | xxxxxx | 06/09/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 06/27/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 775804 | xxxxxx | xxxxxx | xxxxxx | 07/05/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 07/27/2022 | xxxxxx | $0.00 | 0.00% | 1.3 |
| 775845 | xxxxxx | xxxxxx | xxxxxx | 07/19/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 2.2 |
| 776131 | xxxxxx | $0.00 | xxxxxx | 07/12/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/15/2022 | xxxxxx | xxxxxx | 6.55% | (No Data) |
| 776419 | xxxxxx | xxxxxx | xxxxxx | 07/23/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 776480 | xxxxxx | $0.00 | xxxxxx | 08/04/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.5 |
| 776526 | xxxxxx | $0.00 | xxxxxx | 08/16/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 2.1 |
| 776528 | xxxxxx | xxxxxx | xxxxxx | 07/28/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 776575 | xxxxxx | xxxxxx | xxxxxx | 08/02/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 776651 | xxxxxx | $0.00 | xxxxxx | 08/01/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.4 |
| 776951 | xxxxxx | $0.00 | xxxxxx | 06/09/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 08/17/2022 | xxxxxx | $0.00 | 0.00% | 2.8 |
| 776958 | xxxxxx | xxxxxx | xxxxxx | 08/06/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 08/25/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 776961 | xxxxxx | xxxxxx | xxxxxx | 08/05/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/07/2022 | xxxxxx | $0.00 | 0.00% | 1.9 |
| 777030 | xxxxxx | xxxxxx | xxxxxx | 08/31/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/27/2022 | xxxxxx | $0.00 | 0.00% | 1.5 |
| 777039 | xxxxxx | $0.00 | xxxxxx | 05/19/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 08/18/2022 | xxxxxx | $0.00 | 0.00% | 4.2 |
| 777101 | xxxxxx | xxxxxx | xxxxxx | 08/24/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  | 08/24/2022 | xxxxxx | xxxxxx | 16.67% | Full Appraisal |  |  | $0.00 | $0.00 | 0.00% | (No Data) |
| 777205 | xxxxxx | xxxxxx | xxxxxx | 08/08/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 777237 | xxxxxx | $0.00 | xxxxxx | 07/27/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.4 |
| 777510 | xxxxxx | xxxxxx | xxxxxx | 08/10/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.3 |
| 777513 | xxxxxx | xxxxxx | xxxxxx | 08/12/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/12/2022 | xxxxxx | xxxxxx | -3.41% | 3.6 |
| 777638 | xxxxxx | $0.00 | xxxxxx | 08/22/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 777639 | xxxxxx | xxxxxx | xxxxxx | 09/02/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/09/2022 | xxxxxx | $0.00 | 0.00% | 3.8 |
| 777641 | xxxxxx | xxxxxx | xxxxxx | 07/30/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 08/25/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 777891 | xxxxxx | $0.00 | xxxxxx | 08/29/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/14/2022 | xxxxxx | $0.00 | 0.00% | 4.2 |
| 777892 | xxxxxx | xxxxxx | xxxxxx | 08/05/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/16/2022 | xxxxxx | $0.00 | 0.00% | 3.4 |
| 778087 | xxxxxx | $0.00 | xxxxxx | 08/10/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/02/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 778186 | xxxxxx | $0.00 | xxxxxx | 08/29/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/12/2022 | xxxxxx | $0.00 | 0.00% | 3.9 |
| 778189 | xxxxxx | $0.00 | xxxxxx | 08/29/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/26/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 778190 | xxxxxx | xxxxxx | xxxxxx | 08/01/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/13/2022 | xxxxxx | $0.00 | 0.00% | 1.6 |
| 778345 | xxxxxx | $0.00 | xxxxxx | 09/08/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 778347 | xxxxxx | $0.00 | xxxxxx | 08/19/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/09/2022 | xxxxxx | $0.00 | 0.00% | 2.5 |
| 778364 | xxxxxx | xxxxxx | xxxxxx | 08/30/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/19/2022 | xxxxxx | $0.00 | 0.00% | 1.1 |
| 778394 | xxxxxx | xxxxxx | xxxxxx | 09/03/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/23/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 778435 | xxxxxx | xxxxxx | xxxxxx | 09/02/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 778491 | xxxxxx | $0.00 | xxxxxx | 09/21/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 10/11/2022 | xxxxxx | $0.00 | 0.00% | 4.1 |
| 778525 | xxxxxx | xxxxxx | xxxxxx | 09/20/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.8 |
| 778546 | xxxxxx | xxxxxx | xxxxxx | 08/30/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 778653 | xxxxxx | xxxxxx | xxxxxx | 09/09/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 778678 | xxxxxx | $0.00 | xxxxxx | 04/14/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/26/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 778683 | xxxxxx | $0.00 | xxxxxx | 04/11/2022 | xxxxxx | 1025 Multi-Fam (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 10/17/2022 | xxxxxx | $0.00 | 0.00% | (No Data) |
| 778710 | xxxxxx | $0.00 | xxxxxx | 09/14/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 10/05/2022 | xxxxxx | $0.00 | 0.00% | 1.1 |
| 778851 | xxxxxx | $0.00 | xxxxxx | 09/10/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/22/2022 | xxxxxx | $0.00 | 0.00% | 4.6 |
| 778854 | xxxxxx | xxxxxx | xxxxxx | 08/16/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/20/2022 | xxxxxx | $0.00 | 0.00% | 1.4 |
| 778886 | xxxxxx | $0.00 | xxxxxx | 09/20/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 10/03/2022 | xxxxxx | $0.00 | 0.00% | 1.2 |
| 778902 | xxxxxx | $0.00 | xxxxxx | 09/02/2022 | xxxxxx | 1073 Condo (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 778942 | xxxxxx | xxxxxx | xxxxxx | 09/16/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/29/2022 | xxxxxx | $0.00 | 0.00% | 1 |
| 779130 | xxxxxx | xxxxxx | xxxxxx | 09/20/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1 |
| 779478 | xxxxxx | xxxxxx | xxxxxx | 08/29/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  | Clear Capital | 09/13/2022 | xxxxxx | $0.00 | 0.00% | 2.2 |
| 779553 | xxxxxx | xxxxxx | xxxxxx | 09/19/2022 | xxxxxx | 1004 SFR (Mar 05) |  |  |  | $0.00 | $0.00 | 0.00% |  |  |  | $0.00 | $0.00 | 0.00% | 1.5 |

---

## Exhibit 99.15

**EXHIBIT 99.15**

**clarifii llc ("Clarifii") executive summary**

![](tm2233586d1_ex99-15img02.jpg)

**EXECUTIVE SUMMARY**

**Verus 2023-1**

**By Clarifii LLC on December 28, 2022**

Verus 2023-1 Due Diligence Narrative Report – PagE \| 1

![](tm2233586d1_ex99-15img02.jpg)

 **CLARIFII CONTACT INFORMATION** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Christine Aug** | &nbsp;&nbsp;**Jason Luttenberger** |
| &nbsp;&nbsp; Vice President of Due Diligence | &nbsp;&nbsp; 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 of 49 loans originated by a correspondent lender and acquired by VMC Asset Pooler, LLC or its affiliates (the "Client") for the Verus 2023-1 transaction. The loans referenced in this narrative report were reviewed between 08/2022 to 12/2022 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** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Pool** |
| &nbsp;&nbsp;Wholesale | &nbsp;&nbsp;31 | &nbsp;&nbsp;63.27% |
| &nbsp;&nbsp;Correspondent Bulk | &nbsp;&nbsp;15 | &nbsp;&nbsp;30.61% |
| &nbsp;&nbsp;Correspondent Flow with Delegated UW | &nbsp;&nbsp;3 | &nbsp;&nbsp;6.12% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** |

---

The Review consisted of a population of 49 Loans, with an aggregate principal balance of $32,080,654.00.

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

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

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

**LOAN SAMPLING**

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

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

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![](tm2233586d1_ex99-15img02.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Identity of NRSRO** | &nbsp;&nbsp;**Title and Date of Criteria** |
| &nbsp;&nbsp;S&P Global Ratings | &nbsp;&nbsp;Methodology And Assumptions for Rating U.S. RMBS Issued 2009 and Later, February 22, 2018 |
| &nbsp;&nbsp;Kroll Bond Rating Agency, LLC | &nbsp;&nbsp;U.S. RMBS Rating Methodology, February 2, 2021 |

---

**DATA INTEGRITY**

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

---

| |
|:---|
| &nbsp;&nbsp;**Data Comparison Fields** |
| &nbsp;&nbsp;Amortization Term |
| &nbsp;&nbsp;Application Date |
| &nbsp;&nbsp;ARM Initial Interest Rate |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period |
| &nbsp;&nbsp;ARM Initial Interest Rate Cap |
| &nbsp;&nbsp;ARM Lifetime Interest Rate Cap Maximum |
| &nbsp;&nbsp;ARM Lifetime Interest Rate Minimum |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Cap |
| &nbsp;&nbsp;B1 Citizen |
| &nbsp;&nbsp;B1 First Name |
| &nbsp;&nbsp;B1 Last Name |
| &nbsp;&nbsp;B1 Self Employment Flag |
| &nbsp;&nbsp;B1 SSN |
| &nbsp;&nbsp;B2 Citizen |
| &nbsp;&nbsp;B2 First Name |
| &nbsp;&nbsp;B2 Last Name |
| &nbsp;&nbsp;B2 SSN |
| &nbsp;&nbsp;Base CLTV |
| &nbsp;&nbsp;Base LTV |
| &nbsp;&nbsp;Blanket Mortgage Flag |
| &nbsp;&nbsp;Cash Out Include Debt Paid at Close |
| &nbsp;&nbsp;Closing Settlement Date |
| &nbsp;&nbsp;Calculated DSCR |
| &nbsp;&nbsp;Escrow Flag |
| &nbsp;&nbsp;First Payment Date |
| &nbsp;&nbsp;Guarantor 1 FTHB |
| &nbsp;&nbsp;Index |
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment |
| &nbsp;&nbsp;Interest Only Flag |

---

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---

| |
|:---|
| &nbsp;&nbsp;Interest Only Term |
| &nbsp;&nbsp;Interest Rate |
| &nbsp;&nbsp;Lien Position |
| &nbsp;&nbsp;Loan Amount |
| &nbsp;&nbsp;Loan Program |
| &nbsp;&nbsp;Loan Purpose |
| &nbsp;&nbsp;Loan Type |
| &nbsp;&nbsp;Margin |
| &nbsp;&nbsp;Maturity Date |
| &nbsp;&nbsp;MIN No |
| &nbsp;&nbsp;Mortgage Origination Channel |
| &nbsp;&nbsp;Note Date |
| &nbsp;&nbsp;Note Type |
| &nbsp;&nbsp;Number of Units |
| &nbsp;&nbsp;Occupancy |
| &nbsp;&nbsp;Prepayment Penalty |
| &nbsp;&nbsp;Prepayment Penalty Calculation |
| &nbsp;&nbsp;Prepayment Penalty Total Term |
| &nbsp;&nbsp;Primary Appraised Property Value |
| &nbsp;&nbsp;Property Address |
| &nbsp;&nbsp;Property Attachment Type |
| &nbsp;&nbsp;Property City |
| &nbsp;&nbsp;Property State |
| &nbsp;&nbsp;Property Type |
| &nbsp;&nbsp;Property Zip Code |
| &nbsp;&nbsp;QM Qualifying Housing Debt Income Ratio |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Qualifying Amortization Term |
| &nbsp;&nbsp;Qualifying CLTV |
| &nbsp;&nbsp;Qualifying FICO |
| &nbsp;&nbsp;Qualifying LTV |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio |
| &nbsp;&nbsp;Refinance Type |
| &nbsp;&nbsp;Reviewed Total Housing Expense PITIA |
| &nbsp;&nbsp;Sales Price |
| &nbsp;&nbsp;Term |
| &nbsp;&nbsp;Underwriting Guideline Product Name |
| &nbsp;&nbsp;Valuation Date |
| &nbsp;&nbsp;Verified Doc Type |

---

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**CREDIT UNDERWRITING**

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

&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

- 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

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![](tm2233586d1_ex99-15img02.jpg)

&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

&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

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![](tm2233586d1_ex99-15img02.jpg)

&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

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**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** 

&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)

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&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)

- 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.

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![](tm2233586d1_ex99-15img02.jpg)

**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).

**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)

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![](tm2233586d1_ex99-15img02.jpg)

- 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.

- 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 183(C).

- 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; 24-1.1(E)(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.

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![](tm2233586d1_ex99-15img02.jpg)

- 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.

- 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.

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![](tm2233586d1_ex99-15img02.jpg)

&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

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**QUALIFIED MORTGAGE (QM)**

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

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

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

**ABILITY TO REPAY (ATR)**

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

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

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

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

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

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![](tm2233586d1_ex99-15img02.jpg)

**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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)**<br> 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.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Uniform Standards of Professional Appraisal Practice (USPAP)**<br> Clarifii confirmed the appraiser's certification is present and executed within the original appraisal.<br>

**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 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 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.

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![](tm2233586d1_ex99-15img02.jpg)

**VALUATION RESULTS SUMMARY**

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

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files -<br> No Hit** | &nbsp;&nbsp;**# of Files > -10% Variance to <br> OA or Confidence < 80%** | &nbsp;&nbsp;**Number of Files within -10%<br> of OA** |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 |

---

**DUE DILIGENCE GRADING CRITERIA** 

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

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

**Final Event Grade**

---

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

---

**Credit Event Grade**

---

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

---

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![](tm2233586d1_ex99-15img02.jpg)

**Valuation Event Grade**

---

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

---

**Compliance Event Grade** 

---

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

---

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![](tm2233586d1_ex99-15img02.jpg)

**CLARIFII DUE DILIGENCE RESULTS**

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

**Final Overall Loan Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** | &nbsp;&nbsp;**Overall Review Results** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.08% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;47 | &nbsp;&nbsp;95.92% |
| &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;**49** | &nbsp;&nbsp;**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.

**Final Credit Component Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.08% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;47 | &nbsp;&nbsp;95.92% |
| &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;**49** | &nbsp;&nbsp;**100.00%** |

---

**Final Property Valuation Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;46 | &nbsp;&nbsp;93.88% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;6.12% |
| &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;**49** | &nbsp;&nbsp;**100.00%** |

---

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**Final Regulatory Compliance Grade Results**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;32 | &nbsp;&nbsp;65.31% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;17 | &nbsp;&nbsp;34.69% |
| &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;**49** | &nbsp;&nbsp;**100.00%** |

---

**ADDITIONAL LOAN SUMMARY DETAILS**

**Amortization Type**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;37 | &nbsp;&nbsp;75.51% | &nbsp;&nbsp;$24453189.00 | &nbsp;&nbsp;75.51% |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;12 | &nbsp;&nbsp;24.49% | &nbsp;&nbsp;$7627465 | &nbsp;&nbsp;24.49% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$32080654.00** | &nbsp;&nbsp;**100.00%** |

---

**Occupancy**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;8 | &nbsp;&nbsp;16.33% | &nbsp;&nbsp;$2546750.00 | &nbsp;&nbsp;16.33% |
| &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;40 | &nbsp;&nbsp;81.63% | &nbsp;&nbsp;$29008904.00 | &nbsp;&nbsp;81.63% |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;1 | &nbsp;&nbsp;2.04% | &nbsp;&nbsp;$525000.00 | &nbsp;&nbsp;2.04% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$32080654.00** | &nbsp;&nbsp;**100.0%** |

---

**Loan Purpose**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;Refinance | &nbsp;&nbsp;12 | &nbsp;&nbsp;24.49% | &nbsp;&nbsp;$7217500.00 | &nbsp;&nbsp;24.49% |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;37 | &nbsp;&nbsp;75.51% | &nbsp;&nbsp;$24863154.00 | &nbsp;&nbsp;75.51% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$32080654.00** | &nbsp;&nbsp;**100.0%** |

---

**Lien Position**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &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;49 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$32080654.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$32080654.00** | &nbsp;&nbsp;**100.0%** |

---

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![](tm2233586d1_ex99-15img02.jpg)

**Original Term**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of Balance** |
| &nbsp;&nbsp;480 | &nbsp;&nbsp;2 | &nbsp;&nbsp;4.08% | &nbsp;&nbsp;$1355600.00 | &nbsp;&nbsp;4.08% |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;47 | &nbsp;&nbsp;95.92% | &nbsp;&nbsp;$30725054.00 | &nbsp;&nbsp;95.92% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**49** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$32080654.00** | &nbsp;&nbsp;**100.0%** |

---

**DATA COMPARE RESULTS**

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

**Summary of Data Compare Results**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Comparison Fields** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**Accuracy %** |
| &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;7 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;ARM Initial Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;4 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Initial Fixed Rate Period | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Initial Interest Rate Cap | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;ARM Lifetime Interest Rate Cap Maximum | &nbsp;&nbsp;2 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;ARM Lifetime Interest Rate Minimum | &nbsp;&nbsp;2 | &nbsp;&nbsp;11 | &nbsp;&nbsp;81.82% |
| &nbsp;&nbsp;ARM Subsequent Interest Rate Cap | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B1 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B1 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B1 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B1 Self Employment Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B1 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;32 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B2 Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B2 First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B2 Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;B2 SSN | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Base CLTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Base LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Blanket Mortgage Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash Out Include Debt Paid at Close | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Closing Settlement Date | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Calculated DSCR | &nbsp;&nbsp;2 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Escrow Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;48 | &nbsp;&nbsp;95.83% |
| &nbsp;&nbsp;Guarantor 1 FTHB | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Index | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

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![](tm2233586d1_ex99-15img02.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Initial Monthly P&I Or IO Payment | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 | &nbsp;&nbsp;97.56% |
| &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;0 | &nbsp;&nbsp;14 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Only Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;0 | &nbsp;&nbsp;48 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;47 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;3 | &nbsp;&nbsp;13 | &nbsp;&nbsp;76.92% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;38 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;MIN No | &nbsp;&nbsp;2 | &nbsp;&nbsp;3 | &nbsp;&nbsp;33.33% |
| &nbsp;&nbsp;Mortgage Origination Channel | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;3 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Number of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;47 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;46 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty | &nbsp;&nbsp;0 | &nbsp;&nbsp;5 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Prepayment Penalty Calculation | &nbsp;&nbsp;1 | &nbsp;&nbsp;3 | &nbsp;&nbsp;66.67% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;41 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Primary Appraised Property Value | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;0 | &nbsp;&nbsp;49 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Attachment Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;1 | &nbsp;&nbsp;45 | &nbsp;&nbsp;97.78% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;46 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;10 | &nbsp;&nbsp;41 | &nbsp;&nbsp;75.61% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;0 | &nbsp;&nbsp;45 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Qualifying Housing Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;QM Qualifying Total Debt Income Ratio | &nbsp;&nbsp;1 | &nbsp;&nbsp;5 | &nbsp;&nbsp;80.00% |
| &nbsp;&nbsp;Qualifying Amortization Term | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 | &nbsp;&nbsp;96.30% |
| &nbsp;&nbsp;Qualifying CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 | &nbsp;&nbsp;97.56% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;48 | &nbsp;&nbsp;95.83% |
| &nbsp;&nbsp;Qualifying LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 | &nbsp;&nbsp;97.56% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio | &nbsp;&nbsp;0 | &nbsp;&nbsp;36 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Refinance Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;8 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Reviewed Total Housing Expense PITIA | &nbsp;&nbsp;1 | &nbsp;&nbsp;4 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;4 | &nbsp;&nbsp;37 | &nbsp;&nbsp;89.19% |
| &nbsp;&nbsp;Seller Loan ID | &nbsp;&nbsp;0 | &nbsp;&nbsp;27 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;42 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Underwriting Guideline Product Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Valuation Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;13 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Verified Doc Type | &nbsp;&nbsp;2 | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |

---

Verus 2023-1 Due Diligence Narrative Report – PagE \| 21

![](tm2233586d1_ex99-15img02.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 Upload

&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. Waived Findings Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Valuations Report

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Rating Agency ATR/QM 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.*© 2022 Clarifii LLC. All rights reserved.

Verus 2023-1 Due Diligence Narrative Report – PagE \| 22

## Exhibit 99.16

**EXHIBIT 99.16**

**clarifii rating agency grades detail report**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 14:53 | 2022-10-03 13:55 | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-xxxxxx<br> Resolved-Lender has provided clarification. - Due Diligence Vendor-xxxxxx<br> Counter--xxxxxx xxxxxx Inc (xxxxxx) formed xxxxxx which has a xxxxxx status and anxxxxxx date xxxxxx per the xxxxxx Secretary of State - Due Diligence Vendor-xxxxxx<br> Ready for Review-The business being used to source income is from xxxxxx xxxxx., which is filed on January 10, 2017, per Articles of Incorporation. <br> Borrower has another business called xxxxxx xxxxxx xxxxxx xxxxxx which we are not using any income from this business. - Seller-xxxxxx <br> Open-ATR: The Lender did not document all ATR Factors - xxxxxx Secretary of State company indicate "xxxxxx xxxxxx xxxxxx. " company xxxxxx since 3/2021. Borrower explanation letter indicate "xxxxxx xxxxxx xxxxxx xxxxxx (started on 3/2022) . However, does not meet guidelines as the business being used to source income must be in existence for a minimum of two (2) years. - Due Diligence Vendor-xxxxxx | Ready for Review-The business being used to source income is from xxxxxx xxxxxx xxxxxx which is filed on January 10, 2017, per Articles of Incorporation. <br> Borrower has another business called xxxxxx xxxxxx xxxxxx xxxxxx which we are not using any income from this business. - Seller-xxxxxx | Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-xxxxxx<br> Resolved-Lender has provided clarification. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 14:53 | 2022-10-03 13:55 | Resolved | 1 - Information A | Credit | QM-ATR | Discrepancy between Originator QM Status and Final QM Status | Resolved- - Due Diligence Vendor-xxxxxx <br> Rescinded- - Due Diligence Vendor-xxxxxx<br> Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-xxxxxx<br> Rescinded-The Originator QM Status of 'Non-QM: Lender documented all ATR UW factors' is not the same as the Final QM Status of 'ATR Risk: Non-QM Lender did not document all ATR UW Factors'. - Due Diligence Vendor-xxxxxx |  | Resolved- - Due Diligence Vendor-xxxxxx<br> Resolved-The Originator QM Status and Final QM Status are the same. - Due Diligence Vendor-xxxxxx<br> Rescinded-The Originator QM Status of 'Non-QM: Lender documented all ATR UW factors' is not the same as the Final QM Status of 'ATR Risk: Non-QM Lender did not document all ATR UW Factors'. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 12:36 | 2022-09-12 12:45 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing letter of explanation | Resolved--Received LOE and credit report supports no late pays, current and due for 08/01/22 payment - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. See attached additional explanation from borrower. - Seller-xxxxxx<br> Ready for Review-Payments are auto pay from the business bank statements (xxxxxx xxxxxxx and xxxxxx xxxxxx that are in the file. - Seller-xxxxxx<br> Counter--Rec'd LOE stating on auto pay; payment histories reflecting loans are current with no late payments has not been provided. - Due Diligence Vendorxxxxxx<br> Ready for Review-Document Uploaded. Per client, he's setup with autopay and not aware of the past due amounts. Pls. see attached LOE. His credit report does not indicate any late payments, thus the past due amounts on the mortgage statements were an error. - Seller-xxxxxx<br> Counter-Lender resonded: All payments on the xxxxxx property have been paid in full. this account is currently on autopay. I will obtain payment history from the lender. We have never been late. Had it been late, it would reflect in the credit report. They issue the statement before the payment is debited from the account on the 15th of each month. All payment are reflects in the bank account in your possession already (xxxxxx). I will forward written payment history from the bank for the last 12 months. - Due Diligence Vendor-xxxxxx<br> Open-- REO xxxxxx, mortgage statement dated 7/1/2022 reflect past due amount $9001.58 and deferred principal $9388.18 . Provide explanation for past due amount and current account status. <br> - REO xxxxxx, mortgage statement dated 4/14/2022 reflect past due payment $1786.73 and unpaid late charges $671.41. Provide explanation for past due payments and current account status. <br> Credit report dated xxxxxx reflect both mortgages paid currently and no late payments.<br> - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. See attached additional explanation from borrower. - Seller-xxxxxx<br> Ready for Review-Payments are auto pay from the business bank statements (xxxxxx #xxxxxx and xxxxxx #xxxxxx) that are in the file. - Seller-xxxxxx<br> Ready for Review-Document Uploaded. Per client, he's setup with autopay and not aware of the past due amounts. Pls. see attached LOE. His credit report does not indicate any late payments, thus the past due amounts on the mortgage statements were an error. - Seller-xxxxxx | Resolved--Received LOE and credit report supports no late pays, current and due for 08/01/22 payment - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  | xxxxxx_xxxxxx_xxxxxx xxxxxx.pdf<br> xxxxxx_xxxxxx_xxxxxx xxxxxx..pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 12:25 | 2022-08-29 22:00 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx <br> Counter--Matrix dated 07/18/22 xxxxxx, Primary Purchase, 720+ score, Loan amount $xxxxxx - $xxxxxx = 70% LTV Max. Matrix dated 04/25/22 allows to 75% LTV - Due Diligence Vendor-xxxxxx<br> Ready for Review-Max allowed LTV/CLTV is 75% per Matrix/GL dated 7/18/2022 for xxxxxx xxxxxx - Alt Doc Credit Score 720+, Loan Amount xxxxxx-xxxxxx Purchase LTV.<br>Borrower's FICO: 737; Loan amount: xxxxxx- Seller-xxxxxx<br> Open-Audited LTV of 75% exceeds Guideline LTV of 70% - Rate lock xxxxxx. Max allowed LTV /CLTV 70%. - Due Diligence Vendorxxxxxx | Ready for Review-Max allowed LTV/CLTV is 75% per Matrix/GL dated 7/18/2022 for xxxxxx xxxxxx- Alt Doc Credit Score 720+, Loan Amount 3,000,001 - $4,000,000 Purchase LTV.<br>Borrower's FICO: 737; Loan amount: 3,375,000 - Seller-xxxxxx | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 13:09 | 2022-08-29 20:42 | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Being that borrower has 48 months in reserves and a 737 Fico, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Counter-Lender states the following: 1. xxxxxx xxxxxx xxxxxx is the predecessor of xxxxxx xxxxxx xxxxxx xxxxxx. xxxxxx xxxxxx xxxxxx. was formed in 2017. I forwarded the organization documents. xxxxxx xxxxxx xxxxxx xxxxxx. continues the exact same operation and the exact same properties that it manages (3 properties were added in August 2022). xxxxxx xxxxxx xxxxxx xxxxxx. simply expands the services that had been previously rendered. There has not been any break in operation. Both entities are duly licensed by xxxxxx Department of Real Estate. I will inquire with the CPA concerning the status. I assume it is a minor matter. In any event the new entity is the operational entity. 2. All payments on the xxxxxx property have been paid in full. this account is currently on autopay. I will obtain payment history from the lender. We have never been late. Had it been late, it would reflect in the credit report. They issue the statement before the payment is debited from the account on the 15th of each month. All payment are reflects in the bank account in your possession already (xxxxxx). I will forward written payment history from the bank for the last 12 months. Audit understands that xxxxxx xxxxxx xxxxxx became inactive on 8/21/21 and the 2 new businesses did not start up until 3/22 and 6/22, therefore, there is still a 6 month GAP in employment. - Due Diligence Vendor- xxxxxx<br> Open-Income and Employment Do Not Meet Guidelines - Qualifying income $9398.94 based on 12 month business bank statement (xxxxxx account xx1999), for the period 8/2021 till 7/2022 for xxxxxx xxxxxx xxxxxx. Bank statement reflect account holder DBA xxxxxx xxxxxx xxxxx and xxxxxxx xxxxxx xxxxxx xxxxxx. xxxxxx Secretary of State company indicate " xxxxxx xxxxxx xxxxxx. " company suspended since 8/2021. Borrower explanation letter indicate " xxxxxx xxxxxx xxxxxx xxxxxx xxxxxx (started on xxxxxx) includes subsidiaries " xxxxxx xxxxxx xxxxxx" . Deposit to xxxxxx account reflect income from the subsidiaries companies. However, does not meet guidelines as the business being used to source income must be in existence for a minimum of two (2) years. xxxxxx xxxxxx xxxxxx xxxxxx business start date is xxxxxx.Audit income calculated of xxxxxx xxxxxx ,LLP $59388.53+ xxxxxx xxxxxx xxxxxx $9398.94.However if sufficient documentation not provided, income will be removed and additional finding may apply. DTI will exceed max allowed 50% for the loan program. - Due Diligence Vendor- xxxxxx |  | Waived-Being that borrower has 48 months in reserves and a 737 Fico, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 13:07 | 2022-08-29 14:45 | Resolved | 1 - Information C A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved--Received complete final 1003 for B1 and B2 - Due Diligence Vendor- xxxxxx<br> Ready for Review-Document Uploaded. - Seller- xxxxxx<br> Open-Borrower 2 information is missing from final application. - Due Diligence Vendor- xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved--Received complete final 1003 for B1 and B2 - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  | xxxxxx_xxxxxx_xxxxxx xxxxxx.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-26 12:00 | 2022-08-26 19:09 | Waived | 2 - Non-Material B | Credit | Title | Property Title Issue | Waived-Property Title Issue - Title and Purchase agreement reflect Seller/ Current title holder xxxxxx. Provide complete title or Trust documentation for Seller - supporting Arms length transaction. Grant deed reflect Transfer of title from Trust to Borrowers. Therefore considered non-material. - Investor waiver applied to non-material finding - Due Diligence Vendor- xxxxxx |  | Waived-Property Title Issue - Title and Purchase agreement reflect Seller/ Current title holder xxxxxx xxxxxx. Provide complete title or Trust documentation for Seller - supporting Arms length transaction. Grant deed reflect Transfer of title from Trust to Borrowers. Therefore considered non-material. - Investor waiver applied to non-material finding - Due Diligence Vendor-08/26/2022 | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 775103 | xxxxxx D B A | Closed | xxxxxx | 2022-08-25 17:58 | 2022-08-26 19:08 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of xxxxxx is prior to Note Date of xxxxxx-Investor waiver applied to non-material finding - Due Diligence Vendor- xxxxxx |  | Waived-Purchase Contract Expiration Date of 07-31-2022 is prior to Note Date of xxxxxx-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves 48 exceed minimum required 12. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 775411 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 15:42 | 2022-09-20 14:29 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Received documentation to support payments made timely - Due Diligence Vendor- xxxxxx<br> Ready for Review-Document Uploaded. - Seller- xxxxxx<br> Open-Housing History Does Not Meet Guideline Requirements - Primary residence xxxxxx xxxxxx xxxxxx. Mortgage statement and credit report reflect last payment 5/2022 and next due 6/2022. Provide proof of June and July payment to support 0X30X12<br> - Credit report reflect last payment 6/2022 for Subject property. Provide proof of July payment to support 0X30X12 . - Due Diligence Vendor- xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Housing History Meets Guideline Requirements - Received documentation to support payments made timely - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 758 is at least 20 points above minimum for program 660.<br>Months Reserves exceed minimum required - Months Reserves 86 exceed minimum required 3. |  | xxxxxx_xxxxxx_xxxxxx.pdf<br> xxxxxx_xxxxxx_xxxxxx xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 775411 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 14:58 | 2022-09-13 12:48 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved--Per addendum to guidelines, lease is not required - Due Diligence Vendor- xxxxxx<br> Ready for Review-Reviewed with xxxxxx. Advised the addendum to guidelines executed 1.22 supersede the current guidelines. Based on guidelines whether month to month or annual, a lease is not required unless the current Matrix overrides it. - Seller- xxxxxx<br> Open-Subject loan cash out refinance. Guidelines require an executed lease with no less than 3 months remaining at time of close is required for all units in the subject. Per Appraisal, Month-to-month lease, per guide require a signed extension letter). - Due Diligence Vendor- xxxxxx | Ready for Review-Reviewed with xxxxxx xxxxxx. Advised the addendum to xxxxxx 1.22 supersede the current guidelines. Based on guidelines whether month to month or annual, a lease is not required unless the current Matrix overrides it. - Seller-xxxxxx | Resolved--Per addendum to guidelines, lease is not required - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 758 is at least 20 points above minimum for program 660.<br>Months Reserves exceed minimum required - Months Reserves 86 exceed minimum required 3. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 775411 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 15:31 | 2022-09-08 01:20 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - DSCR, therefore considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor- xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - DSCR, therefore considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 758 is at least 20 points above minimum for program 660.<br>Months Reserves exceed minimum required - Months Reserves 86 exceed minimum required 3. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 775411 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 15:27 | 2022-09-08 01:17 | Waived | 2 - Non-Material B | Compliance | Missing Doc | The Final 1003 is Incomplete | Waived-The Final 1003 is Incomplete - Per guide require final 1003 to reflect purpose of the cash-out . DSCR, therefore, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-The Final 1003 is Incomplete - Per guide require final 1003 to reflect purpose of the cash-out . DSCR, therefore, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 758 is at least 20 points above minimum for program 660.<br>Months Reserves exceed minimum required - Months Reserves 86 exceed minimum required 3. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776654 | xxxxxx D B A | Closed | xxxxxx | 2022-09-12 13:34 | 2022-09-19 14:38 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-xxxxxx <br> Open-Borrower 2 3rd Party VOE Prior to Close Missing - VVOE within 10 days of closing not provided for B2. - Due Diligence Vendor-xxxxxx |  | Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - Calculated LTV is 6.58% below max allowed<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 41 points above min required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 776654 | xxxxxx D B A | Closed | xxxxxx | 2022-09-12 13:34 | 2022-09-12 17:02 | Waived | 2 - Non-Material C B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived- B2 does not have 2 years in current industry or a pre-closing VVOE. DOes have 16 months, therefore, considered non material. Borrowers must have two years consistent employment with the same employer or in the same industry. Borrower was in sales and is now an xxxxxx xxxxxx. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx<br> Open-Income and Employment Do Not Meet Guidelines - B2 does not have 2 years in current industry or a pre-closing VVOE. Borrowers must have two years consistent employment with the same employer or in the same industry. Borrower was in sales and is now an xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx |  | Waived- B2 does not have 2 years in current industry or a pre-closing VVOE. DOes have 16 months, therefore, considered non material. Borrowers must have two years consistent employment with the same employer or in the same industry. Borrower was in sales and is now an xxxxxx xxxxxx. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - Calculated LTV is 6.58% below max allowed<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 41 points above min required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776654 | xxxxxx D B A | Closed | xxxxxx | 2022-08-19 20:57 | 2022-08-29 19:27 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived--Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx<br> Open--Deemed non-material. Borrower has on time mortgage payment history since 2006 and strong credit profile. - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 Gap Credit Report is Missing - soft-pull not found in file for either borrower- 49% DTI, considered material - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - Calculated LTV is 6.58% below max allowed<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 41 points above min required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-23 19:27 | 2022-08-29 18:12 | Resolved | 1 - Information C A | Compliance | TRID | Service provider list not provided within 3 days of application | Resolved-Client provided SPL dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-Missing Service Provider list, unable to test tolerance fees. Statute of Limitations - Three Years - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided SPL dated 3/5/2022. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-19 18:54 | 2022-08-23 18:46 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - Not run on all parties, only borrower, seller and Loan officer. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - Not run on all parties, only borrower, seller and Loan officer. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-19 18:54 | 2022-08-23 18:45 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Not run on all parties, only borrower, seller and Loan officer. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Not run on all parties, only borrower, seller and Loan officer. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-19 14:45 | 2022-08-23 18:39 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing -32% DTI, therefore, considered non material - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing -32% DTI, therefore, considered non material - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-19 15:06 | 2022-08-23 18:35 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Waived-Asset Record 1 Does Not Meet G/L Requirements - xxxxxx #4024 requires 2 months verified, in file dated 3/9/2022, missing 2/3/2022. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset Record 1 Does Not Meet G/L Requirements - xxxxxx #4024 requires 2 months verified, in file dated 3/9/2022, missing 2/3/2022. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-19 13:43 | 2022-08-23 18:08 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 04-01-2022 is after the Note Date of xxxxxx-Escrow disbursement date per CD was xxxxxx-therefore, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 04-01-2022 is after the Note Date of xxxxxx-Escrow disbursement date per CD was xxxxxx-therefore, considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776663 | xxxxxx B A | Closed | xxxxxx | 2022-08-18 19:53 | 2022-08-18 23:26 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 742 is 22 points higher than required 720.<br>Qualifying DTI below maximum allowed - - DTI 35.07% is 14.92% less than maximum 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-29 17:24 | 2022-09-09 18:09 | Resolved | 1 - Information C A | Compliance | TRID | TRID Initial Closing Disclosure Date and Funding Date Validation Test | Resolved-PCCD provided by client. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. Final CD disbursement date xxxxxx. CD signature date xxxxxx is after funding date. - Due Diligence Vendor-xxxxxx |  | Resolved-PCCD provided by client. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-09 17:56 | 2022-09-09 18:08 | Resolved | 1 - Information A | Compliance | TRID | TRID Post-Consummation Reason for Redisclosure Validation Test | Resolved-Client provided PCCD xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests. - Due Diligence Vendor0xxxxxx |  | Resolved-Client provided PCCD 6/7/2022. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-30 21:21 | 2022-09-09 18:03 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved--Received LOE for inquiries - Due Diligence Vendor-xxxxxx<br> Open--Provide explanation and documentation to support if following recent inquiries on credit report resulted in new debt : xxxxxx - xxxxxx xxxxxx and xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx |  | Resolved--Received LOE for inquiries - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-30 15:05 | 2022-09-09 17:44 | Resolved | 1 - Information C A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Satisfactory Chain of Title has been provided - Due Diligence Vendor-xxxxxx<br> Open-Unsatisfactory Chain of Title provided - Provide complete 24 month chain of title and details on the easement for xxxxxx. - Due Diligence Vendor-xxxxxx |  | Resolved-Satisfactory Chain of Title has been provided - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-30 21:19 | 2022-09-06 18:11 | Waived | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived--Investor waiver: The request for an exception to xxxxxxeligibility criteria is granted. Compensating Factor 1 - DTI <= 40% which is below requirement in guidelines / Compensating Factor 2 - Credit Score 30+ points > minimum required / Compensating Factor 3 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br> - Due Diligence Vendor-xxxxxx<br> Open-Asset Qualification Does Not Meet Guideline Requirements - Verified gift funds $260,000. Per CD funds to close $233,643 and earnest money $28500 wired by Donor to title company. However require 4 months of reserves. Provide two months bank statement to support sufficient funds to cover the required reserves. Otherwise Borrower will be short funds to reserves. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - DTI <= 40% which is below requirement in guidelines / Compensating Factor 2 - Credit Score 30+ points > minimum required / Compensating Factor 3 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-30 19:44 | 2022-08-31 20:13 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 05-02-2022 is after the Note Date of xxxxxx - Notary date is xxxxxx, Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 05-02-2022 is after the Note Date of xxxxxx - Notary date is xxxxxx, Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-30 20:11 | 2022-08-31 20:12 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Borrower has a DTI of 39.22%, max allowable is 49.99% and mid score of 737. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Borrower has a DTI of 39.22%, max allowable is 49.99% and mid score of 737. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776684 | xxxxxx D B C A | Closed | xxxxxx | 2022-08-29 16:51 | 2022-08-29 18:17 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 39% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - Qualifying FICO score 737 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:59 | 2022-09-19 15:19 | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved--Received required asset documentation - Due Diligence Vendorxxxxxx <br> Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-xxxxxx<br> Open-Asset Qualification Does Not Meet Guideline Requirements - No evidence of the source or receipt of the gift funds by the borrower or title company. Short cash to close by $108447.87 without verification received by escrow agent. No wire receipt in file and not listed on final CD. - Due Diligence Vendor-xxxxxx |  | Resolved--Received required asset documentation - Due Diligence Vendor-xxxxxx<br> Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:19 | 2022-09-19 15:10 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-xxxxxx<br> Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - No lender bank statement income calculation provided. - Due Diligence Vendor-xxxxxx |  | Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:38 | 2022-09-07 16:15 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - No evidence of a soft pull located in the file. <br> - Down grade to non-material due to;<br> - DTI 18.36% w/ max 49.99%<br> - FICO 735 w/ min 660<br> - LTV 75% w/ max 80%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - No evidence of a soft pull located in the file. <br> - Down grade to non-material due to;<br> - DTI 18.36% w/ max 49.99%<br> - FICO 735 w/ min 660<br> - LTV 75% w/ max 80%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:59 | 2022-09-07 16:06 | Waived | 2 - Non-Material B | Credit | Assets | Asset 2 Less Than 2 Months Verified | Waived-Asset 2 Less Than 2 Months Verified - File contains only 1 month bank statement for account xxxxxx. Two months are required per guides.<br> - File contains only 1 month bank statement for account #3990. Two months are required per guides.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 2 Less Than 2 Months Verified - File contains only 1 month bank statement for account #0060. Two months are required per guides.<br> - File contains only 1 month bank statement for account #3990. Two months are required per guides.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:40 | 2022-09-07 16:01 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776693 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 12:57 | 2022-09-07 15:35 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 05-05-2022 is after the Note Date of xxxxxx-Hazard policy effective 05/05/2022, Disbursement date xxxxxx<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 05-05-2022 is after the Note Date of xxxxxx - Hazard policy effective 05/05/2022, Disbursement date xxxxxx. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - DTI 18.36% is 31.63% lower than maximum 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO score of 735 exceeds guideline minimum of 660.<br>LTV is less than guideline maximum - - LTV 75% is 5% less than maximum 80%<br>Ontime mortgage history exceeds guideline requirement - The borrower's VOR shows no delinquencies in over 5 years. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776710 | xxxxxx D B A | Closed | xxxxxx | 2022-09-07 13:10 | 2022-09-15 17:27 | Resolved | 1 - Information D A | Property | Missing Doc | HOA Questionnaire Document is Missing | Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Missing HOA Questionnaire and evidence Condominium meets agency eligibility and project requirements (xxxxxx) - Due Diligence Vendor-xxxxxx |  | Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 790 FICO exceeds guideline required 720<br>Months Reserves exceed minimum required - Reserves totaling 8.13 months exceeds guideline required 6 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776710 | xxxxxx D B A | Closed | xxxxxx | 2022-09-01 19:48 | 2022-09-07 13:54 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - File contains only 1 month bank statement for account xxxxxx. Two months are required per guides.<br> - File contains only 1 month bank statement for account xxxxxx. Two months are required per guides.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - File contains only 1 month bank statement for account #9912. Two months are required per guides.<br> - File contains only 1 month bank statement for account #9306. Two months are required per guides.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 790 FICO exceeds guideline required 720<br>Months Reserves exceed minimum required - Reserves totaling 8.13 months exceeds guideline required 6 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776710 | xxxxxx D B A | Closed | xxxxxx | 2022-09-01 19:06 | 2022-09-07 13:50 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 790 FICO exceeds guideline required 720<br>Months Reserves exceed minimum required - Reserves totaling 8.13 months exceeds guideline required 6 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776710 | xxxxxx D B A | Closed | xxxxxx | 2022-09-01 19:05 | 2022-09-07 13:49 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - missing evidence of a soft pull. <br> - Downgrade to non-material due to;<br> - DTI 41.74% w/ max 49.99%<br> - FICO 790 w/ min 720<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - missing evidence of a soft pull. <br> - Downgrade to non-material due to;<br> - DTI 41.74% w/ max 49.99%<br> - FICO 790 w/ min 720<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 790 FICO exceeds guideline required 720<br>Months Reserves exceed minimum required - Reserves totaling 8.13 months exceeds guideline required 6 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776710 | xxxxxx D B A | Closed | xxxxxx | 2022-08-30 11:50 | 2022-08-30 12:30 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 790 FICO exceeds guideline required 720<br>Months Reserves exceed minimum required - Reserves totaling 8.13 months exceeds guideline required 6 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776716 | xxxxxx B A | Closed | xxxxxx | 2022-09-02 19:58 | 2022-09-08 13:37 | Waived | 2 - Non-Material B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Income and Employment Do Not Meet Guidelines - missing HOA info for xxxxxx Street REO. Rental offset used to qualify, need LOE no HOA or HOA info for monthly dues payment. <br> - Downgraded to non-material du to;<br> - DTI 39.47% w/ max 49.99%<br> - FICO 793 w/ min 700<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Income and Employment Do Not Meet Guidelines - missing HOA info for xxxxxx xxxxxx REO. Rental offset used to qualify, need LOE no HOA or HOA info for monthly dues payment. <br> - Downgraded to non-material du to;<br> - DTI 39.47% w/ max 49.99%<br> - FICO 793 w/ min 700<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 42.26% is below the guideline maximum of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Fico of 793 exceeds the guideline minimum of 700 |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776716 | xxxxxx B A | Closed | xxxxxx | 2022-09-02 18:48 | 2022-09-08 13:22 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - no soft pull located in the file<br> - Downgrade to non-material due to;<br> - DTI 39.47% w/ max 49.99%<br> - FICO 793 w/ min 700<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - no soft pull located in the file<br> - Downgrade to non-material due to;<br> - DTI 39.47% w/ max 49.99%<br> - FICO 793 w/ min 700<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 42.26% is below the guideline maximum of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Fico of 793 exceeds the guideline minimum of 700 |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776716 | xxxxxx B A | Closed | xxxxxx | 2022-09-02 18:50 | 2022-09-08 13:14 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 42.26% is below the guideline maximum of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Fico of 793 exceeds the guideline minimum of 700 |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776716 | xxxxxx B A | Closed | xxxxxx | 2022-09-02 17:55 | 2022-09-08 12:05 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 05-25-2022 is after the Note Date of xxxxxx - no evidence of hazard insurance in place as of the CD date, CD shows premium to xxxxxx for $1004 with disbursement date xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 05-25-2022 is after the Note Date of xxxxxx - no evidence of hazard insurance in place as of the CD date, CD shows premium to State Farm for $1004 with disbursement date xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 42.26% is below the guideline maximum of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Fico of 793 exceeds the guideline minimum of 700 |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776716 | xxxxxx B A | Closed | xxxxxx | 2022-08-29 16:47 | 2022-08-29 18:40 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 42.26% is below the guideline maximum of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Fico of 793 exceeds the guideline minimum of 700 |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776717 | xxxxxx D B A | Closed | xxxxxx | 2022-09-06 12:47 | 2022-09-30 17:22 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved--Deed for xxxxxx xxxxxx xxxxxx reflect borrower is not on loan or responsible for payment. - Due Diligence Vendor-xxxxxx<br> Counter--Received same documentation. Provide a 12 month mortgage history for primary residence xxxxxx xxxxxx xxxxxx reflecting no more than 1x30x12 with xxxxxx. This can be in the form of a VOM or Credit report supplement. Finding remains - Due Diligence Vendor-xxxxxx<br> Counter--Received same mortgage statement already in file. Client rebuttal: HOA for xxxxxx xxxxxx xxxxxx is not needed since the type of the property is SFR (RESPONSE) Being an SFR is not an indication of no HOA.<br> -- 1 - Missing housing payment history for the borrower's primary residence xxxxxx xxxxxx xxxxxxr, mortgage with xxxxxx#3411. Additionally evidence of the HOA status was not provided. 12 months mortgage payment history showing payments through the 4/1/2022 due for 5/1/2022 payment is needed. Additionally a letter verifying the status of the HOA on the primary residence is required. 2 - Missing payoff statement for Subject existing mortgage xxxxxxInc. - Due Diligence Vendor - xxxxxx<br> Open-Housing History Does Not Meet Guideline Requirements 1 - Missing housing payment history for the borrower's primary residence xxxxxx xxxxxx xxxxx, mortgage with xxxxxx xxxxxx. Additionally evidence of the HOA status was not provided. 12 months mortgage payment history showing payments through the 4/1/2022 due for 5/1/2022 payment is needed. Additionally a letter verifying the status of the HOA on the primary residence is required. <br> 2 - Missing payoff statement for Subject existing mortgage xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx |  | Resolved--Deed for xxxxxx xxxxxx xxxxxx reflect borrower is not on loan or responsible for payment. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 751 exceeds the program minimum of 720<br>Qualifying DTI below maximum allowed - DTI of 27% is less than the program maximum of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Refinance | No Cash Out - Lender Initiated | N/A | N/A | xxxxxx |
| 776717 | xxxxxx D B A | Closed | xxxxxx | 2022-09-06 14:03 | 2022-09-15 18:35 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Received management approval letter - Due Diligence Vendor-xxxxxx<br> Open-Third Party Fraud Report Partially Provided - the fraud score is 883. Fraud scores exceeding require management review and approval by the Underwriting Manager in order to proceed with the loan. The approval was not located in the file.<br> - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Received management approval letter - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 751 exceeds the program minimum of 720<br>Qualifying DTI below maximum allowed - DTI of 27% is less than the program maximum of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Refinance | No Cash Out - Lender Initiated | N/A | N/A | xxxxxx |
| 776717 | xxxxxx D B A | Closed | xxxxxx | 2022-09-06 12:47 | 2022-09-08 15:38 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - missing soft pull, downgrade to non-material due to:<br> - DTI 27.64% w/ max 49.99%<br> - FICO 751 w/ min 720<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - missing soft pull, downgrade to non-material due to:<br> - DTI 27.64% w/ max 49.99%<br> - FICO 751 w/ min 720<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 751 exceeds the program minimum of 720<br>Qualifying DTI below maximum allowed - DTI of 27% is less than the program maximum of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776717 | xxxxxx D B A | Closed | xxxxxx | 2022-09-06 12:49 | 2022-09-08 15:09 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 751 exceeds the program minimum of 720<br>Qualifying DTI below maximum allowed - DTI of 27% is less than the program maximum of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-09-08 18:23 | 2022-09-19 15:58 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-xxxxxx<br> Open-Housing History Does Not Meet Guideline Requirements - Missing 12 month housing pay history for xxxxxx xxxxxx xxxxxx mortgage originated xxxxxx. - Due Diligence Vendor-xxxxxx |  | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-09-08 17:04 | 2022-09-19 15:50 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $xxxxxx is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-xxxxxx<br> Open-Title Coverage Amount of $0 is Less than Total Amount of Subject Lien(s) of $xxxxxx. - Title coverage amount not provided on preliminary report in file. - Due Diligence Vendor-xxxxxx |  | Resolved-Title Coverage Amount of $912000 is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-09-08 17:34 | 2022-09-08 22:33 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 06-25-2022 is prior to Note Date of xxxxxx - contract extension not provided; COE 30 days from acceptance on xxxxxx. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 06-25-2022 is prior to Note Date of xxxxxx-contract extension not provided; COE 30 days from acceptance on 05/26/2022. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-09-08 18:23 | 2022-09-08 22:33 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft-pull credit report for both borrowers. Finding is non-material due to 40.17% DTI and LTV of 60% which is below max of 75%. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft-pull credit report for both borrowers. Finding is non-material due to 40.17% DTI and LTV of 60% which is below max of 75%. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-09-08 22:25 | 2022-09-08 22:32 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Guidelines require all individuals and companies be checked through OFAC/LDP/GSA. Borrower and Seller have been checked and cleared, therefore finding is non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Guidelines require all individuals and companies be checked through OFAC/LDP/GSA. Borrower and Seller have been checked and cleared, therefore finding is non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776736 | xxxxxx C B A | Closed | xxxxxx | 2022-08-31 16:46 | 2022-08-31 18:13 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - Calculated LTV is 15% below max allowed.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 24 points above minimum required.<br>Months Reserves exceed minimum required - -23 months additional reserves verified. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776737 | xxxxxx D B | Closed | xxxxxx | 2022-08-30 14:37 | 2022-09-15 20:47 | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Service Provider List | Resolved-Client provided SPL dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-Missing Service Provider List, tolerance fees are unable to be tested due to the missing document. Statute of Limitations - three year.<br> - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided SPL dated 6/1/2022. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 110 points above minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | xxxxxx |
| 776737 | xxxxxx D B | Closed | xxxxxx | 2022-09-08 20:36 | 2022-09-13 01:33 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived--Investor waiver applied to non-material finding<br> - Deemed non-material as FICO is 810, minimal credit usage and $5878 residual income. - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding<br> - Deemed non-material as FICO is 810, minimal credit usage and $5878 residual income. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 110 points above minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776737 | xxxxxx D B | Closed | xxxxxx | 2022-09-08 19:55 | 2022-09-09 14:57 | Waived | 2 - Non-Material B | Property | Property Issue | FEMA declared disaster after the Note Date and Appraisal date | Waived--xxxxxx xxxxxx xxxxxx (xxxxxx xxxxxxxxxxxx) Incident Period:xxxxxx and continuing-xxxxxxx Management Assistance Declaration declared on xxxxxx-Public assistance for xxxxxx County - continuing disaster. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived--xxxxxx xxxxxx xxxxxx (xxxxxx xxxxxx xxxxxx) Incident Period: xxxxxx xxxxxx, xxxxxx and continuing-xxxxxx xxxxxx xxxxxx xxxxxx Declaration declared on xxxxxx xxxxxx, xxxxxx, 2022-Public assistance for xxxxxxe County - continuing disaster. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 110 points above minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776737 | xxxxxx D B | Closed | xxxxxx | 2022-09-08 20:45 | 2022-09-09 14:55 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Only one month stmt provided --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Only one month stmt provided --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 110 points above minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776737 | xxxxxx D B | Closed | xxxxxx | 2022-08-30 14:28 | 2022-08-30 19:57 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 110 points above minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 19:50 | 2022-09-22 13:17 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 10 points > minimum required / Compensating Factor 2 - DSCR > 1.3 - Due Diligence Vendor-xxxxxx<br> Open--12-month ownership requirement not met. Borrower acquired property in xxxxxx. Loan closed inxxxxxx. - Due Diligence Vendor-xxxxxx |  | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 10 points > minimum required / Compensating Factor 2 - DSCR > 1.3 - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 20:39 | 2022-09-15 19:49 | Resolved | 1 - Information C A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Rec'd executed Rent-free letter dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-Housing History Does Not Meet Guideline Requirements - Missing verification of rent for required 0x30x12 history. - Due Diligence Vendor-xxxxxx |  | Resolved-Housing History Meets Guideline Requirements - Rec'd executed Rent-free letter dated 09/05/22. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | N/A | N/A | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 19:48 | 2022-08-31 22:28 | Waived | 2 - Non-Material D B | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Waived--Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx<br> Open-The Business Purpose Affidavit Disclosure is Missing Documentation supports loan being an investment property, not for personal use. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 20:25 | 2022-08-31 14:48 | Resolved | 1 - Information B A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Upon further review, worksheet is in file - Due Diligence Vendor-xxxxxx<br> Waived-Income and Employment Do Not Meet Guidelines - Missing lender's DSCR worksheet required per guidelines.I nvestor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Resolved-Upon further review, worksheet is in file - Due Diligence Vendor-xxxxxx<br> Waived-Income and Employment Do Not Meet Guidelines - Missing lender's DSCR worksheet required per guidelines.I nvestor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | N/A | N/A | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 20:39 | 2022-08-30 19:02 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing DSCR loan-rate term. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing DSCR loan-rate term. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776767 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 19:59 | 2022-08-30 18:32 | Waived | 2 - Non-Material B | Compliance | Missing Doc | The Final 1003 is Incomplete | Waived-The Final 1003 is Incomplete - Application is missing a two-year employment history required per guidelines. Start date of xxxxxx disclosed and note date xxxxxx. Considered non material as 1003 does show 11 months. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-The Final 1003 is Incomplete - Application is missing a two-year employment history required per guidelines. Start date of 07/30/2020 disclosed and note date xxxxxx. Considered non material as 1003 does show 11 months. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 64.86% FICO is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 805 FICO is less than 680 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 15:07 | 2022-09-22 20:52 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 WVOE Missing | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Counter--File contains 2 years W2's, YTD and end of year 2020 and 2021 Paystubs from employer to support income used to qualify. Deemed non-material. - Due Diligence Vendor-xxxxxx<br> Counter--Rec'd VOE that reflects borrower most recent start date on xxxxxx with length of service 7 months; WVOE or Employer letter required to confirm two years of continuance employment. - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 WVOE Missing - Missing written VOE required by guidelines for overtime and bonus income. However, file included pay stubs for xxxxxx and xxxxxx. Written VOE required to show 2 years of continuous employment with xxxxxx. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 16:27 | 2022-09-22 20:51 | Resolved | 1 - Information C A | Credit | QM-ATR | ATR: The Lender did not document all ATR Factors | Resolved--The Lender documented all ATR Factors or Not Applicable - File contains 2 years W2's, YTD and end of year 2020 and 2021 Paystubs from employer to support income used to qualify. - Due Diligence Vendor-xxxxxx<br> Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-xxxxxx<br> Open-ATR: The Lender did not document all ATR Factors - Missing written VOE confirming two years of income and gap letter if required. Verbal VOE in file for xxxxxx notes 7 months for current length of service with most recent hire date of xxxxxxand 1st hire date of xxxxxx. 1003 shows 9 years. Additional findings may apply if two years of continuous service not verified.<br> - Missing copy of xxxxxx modification agreement noted on lender approval. Agreement in file dated xxxxxx. Additional findings may apply regarding number of delinquencies prior to and during the xxxxxx modification period. - Due Diligence Vendor-xxxxxx |  | Resolved--The Lender documented all ATR Factors or Not Applicable - File contains 2 years W2's, YTD and end of year 2020 and 2021 Paystubs from employer to support income used to qualify. - Due Diligence Vendor-09/22/2022 <br> Resolved-ATR: The Lender documented all ATR Factors or Not Applicable - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-09-21 15:45 | 2022-09-22 17:51 | Waived | 2 - Non-Material A B | Credit | Assets | Asset 2 Less Than 2 Months Verified | Waived--Missing 2 months statements for 401K as required by guidelines. Statement provided reflects beginning/ending balance and was used for reserves. - Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Open-Asset 2 Less Than 2 Months Verified - Due Diligence Vendor-xxxxxx |  | Waived--Missing 2 months statements for 401K as required by guidelines. Statement provided reflects beginning/ending balance and was used for reserves. - Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-30 19:50 | 2022-09-21 15:50 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved--Received 401k statement - Due Diligence Vendorxxxxxx<br> Resolved-Audited Reserves of 10.51 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-xxxxxx<br> Counter--401K Statement not provided; Finding to remain. - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of 0.57 month(s) are less than Guideline Required Reserves of 3 month(s) - Missing sufficient asserts to support 2 months reserves. Cash out cannot be used for reserves if borrower does not have 2 months reserves using own funds. - Due Diligence Vendor-xxxxxx |  | Resolved--Received 401k statement - Due Diligence Vendor-xxxxxx<br> Resolved-Audited Reserves of 10.51 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 16:28 | 2022-09-20 02:35 | Waived | 2 - Non-Material C B | Credit | Eligibility | Borrower does not meet residual income requirement | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines / Compensating Factor 2 - 0x30 for 24 months on subject mortgage<br> - Due Diligence Vendor-xxxxxx<br> Counter--Residual income calculation: $5907.82 - $2,909.45 (total expenses) = $2998.37; Finding remains. - Due Diligence Vendor-xxxxxx<br> Open--Deemed material as borrower is short required reserves and missing WVOE supporting 2 years Bonus/Commission income and continuance. - Due Diligence Vendor-xxxxxx<br> Open-$2,998.37 residual income does not meet $3,000 required when > xxxxxx in household. - Due Diligence Vendor-xxxxxx |  | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines / Compensating Factor 2 - 0x30 for 24 months on subject mortgage<br> - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 14:09 | 2022-09-19 17:44 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved--Received 2022 tax details and reflects taxes due 10/2022 and 05/2023 - Due Diligence Vendor-xxxxxx<br> Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx<br> Counter--Rec'd CD issued xxxxxx that reflects payoff of taxes, however, loan closed xxxxxx and the Final CD does not reflect the payoff. - Due Diligence Vendor-xxxxxx<br> Open-Property Title Issue - Although final title issued, tax bill notes a $xxxxxx balance due on xxxxxx that was not paid on CD. - Due Diligence Vendor-xxxxxx |  | Resolved--Received 2022 tax details and reflects taxes due 10/2022 and 05/2023 - Due Diligence Vendor-xxxxxx<br> Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 16:08 | 2022-09-15 21:58 | Resolved | 1 - Information C A | Credit | Eligibility | Legal document incorrect or has issues | Resolved--Mod dated xxxxxx reflects mod payments began on xxxxxx - Due Diligence Vendor-xxxxxx<br> Open--Missing copy of xxxxxx modification agreement noted on lender approval. Agreement in file dated xxxxxx. Additional findings may apply regarding number of delinquencies prior to and during the xxxxxx modification period. - Due Diligence Vendor-xxxxxx |  | Resolved--Mod dated 08/11/20 reflects mod payments began on 05/01/20 - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| 776778 | xxxxxx C B A | Closed | xxxxxx | 2022-08-29 15:07 | 2022-08-30 22:01 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Executed 4506-T/4506-C is Missing | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx <br> Open-Borrower 1 Executed 4506-T/4506-C is Missing - Missing executed 4506-C. Document in file is for W2s only. However, 2020/2021 1040 transcripts provided. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - Months Reserves exceed minimum required - Reserves of 10.51 months exceed the required 3 months.  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776806 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 17:21 | 2022-09-21 19:28 | Waived | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 10 points > minimum required / Compensating Factor 2 - Reserves exceed requirement by 2 months or more<br> - Due Diligence Vendor-xxxxxx<br> Counter--Documentation provided is for subject property xxxxxx xxxxxx xxxxxx . Finding is for evidence of xxxxxx mortgage payment with xxxxxx xxxxxx on Primary Residence xxxxxx xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx<br> Counter--Received payoff and pay history for subject property. Missing evidence xxxxxx payment made for primary mortgage to xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-Housing History Does Not Meet Guideline Requirements - for Primary Mortgage to xxxxxx xxxxxx, missing 4/1 . Guides requires 0 x 30 x 12 - Due Diligence Vendor-xxxxxx |  | Waived-The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 10 points > minimum required / Compensating Factor 2 - Reserves exceed requirement by 2 months or more<br> - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 41.25 months reserves are 33.25 months greater than required 8 month. <br> -(no cash out was used in reserves)<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 741 is 61 points higher than required 680<br>LTV is less than guideline maximum - - LTV 42% is 33% less than maximum 75% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776806 | xxxxxx D B A | Closed | xxxxxx | 2022-08-24 17:21 | 2022-08-26 21:50 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 41.25 months reserves are 33.25 months greater than required 8 month. <br> -(no cash out was used in reserves)<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 741 is 61 points higher than required 680<br>LTV is less than guideline maximum - - LTV 42% is 33% less than maximum 75% |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | xxxxxx |
| 776970 | xxxxxx A |  | xxxxxx |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |  |
| 777254 | xxxxxx B A | Closed | xxxxxx | 2022-09-27 17:58 | 2022-09-27 21:06 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 09-09-2022 is prior to Note Date ofxxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 09-09-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI is 22% with guidelines permitting 50%<br>Months Reserves exceed minimum required - 8.91 months reserves exceeds the required 3 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 667454 |
| 777336 | xxxxxx B A | Closed | xxxxxx | 2022-10-28 21:12 | 2022-10-28 23:03 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 09-05-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 09-05-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 66.73 months reserves exceed 2 months required.<br>LTV is less than guideline maximum - 50.56% LTV is less than 75% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 736 FICO exceeds 660 minimum required. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | Investor Post-Close | No | 714746 |
| 777583 | xxxxxx D A C | Closed | xxxxxx | 2022-09-12 20:40 | 2022-09-14 14:36 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Lender provided fraud report. - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Seller-xxxxxx <br> Open-Missing Third Party Fraud Report - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Lender provided fraud report. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Months Reserves 18 exceed minimum required 2. |  | xxxxxx_xxxxxx_xxxxxx xxxxxx..pdf<br> xxxxxx_xxxxxx_xxxxxx xxxxxx.Full fraud report.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | 647739 |
| 777583 | xxxxxx D A C | Closed | xxxxxx | 2022-09-12 14:29 | 2022-09-14 14:15 | Resolved | 1 - Information C A | Compliance | Closing | Loan Originator NMLS Status is Not Active | Resolved-Upon further review, license is not required for a xxxxxx mtg - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Seller-xxxxxx<br> Open-Loan Originator NMLS Status is Not Active Not active for xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Upon further review, license is not required for a xxxxxx mtg - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Months Reserves 18 exceed minimum required 2. |  | xxxxxx_xxxxxx_xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | 645768 |
| 777583 | xxxxxx D A C | Closed | xxxxxx | 2022-09-12 14:29 | 2022-09-14 14:14 | Resolved | 1 - Information C A | Compliance | Closing | Loan Origination Company NMLS Status is Not Active | Resolved-Upon further review, license is not required for a xxxxxx mtg. - Due Diligence Vendor- xxxxxx<br> Ready for Review-Document Uploaded. - xxxxxx<br> Open-Loan Origination Company NMLS Status is Not Active Not active for xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Upon further review, license is not required for a xxxxxx mtg. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Months Reserves 18 exceed minimum required 2. |  | XXXXXX License.pdf<br> XXXXXX License.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Home Improvement/Reno | N/A | N/A | 645767 |
| 777946 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-14 15:09 | 2022-09-26 21:55 | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Resolved--Received list of 10 counseling options - Due Diligence Vendor-xxxxxx<br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) - Due Diligence Vendor-xxxxxx<br> Open-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) Homeownership Counseling Disclosure Is Partially Provided, missing 10 counseling options.<br> Statute of limitation - three years. - Due Diligence Vendor-xxxxxx |  | Resolved--Received list of 10 counseling options - Due Diligence Vendor-xxxxxx<br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 37%, maximum allowed DTI 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO 753, guideline minimum 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 651097 |
| 777946 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-14 20:45 | 2022-09-20 02:42 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 30+ points > minimum required / Compensating Factor 2 - DTI <= 40% which is below requirement in guidelines / Compensating Factor 3 - Residual income more than 1.5x the amount required by guidelines - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) - Borrower has no reserves. Guide requires six months reserves on the subject property. Considered material since all funds for the loan were 100% gifts and not the borrowers - Due Diligence Vendor-xxxxxx |  | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 30+ points > minimum required / Compensating Factor 2 - DTI <= 40% which is below requirement in guidelines / Compensating Factor 3 - Residual income more than 1.5x the amount required by guidelines - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 37%, maximum allowed DTI 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO 753, guideline minimum 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 652018 |
| 777946 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-14 20:30 | 2022-09-15 14:50 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present.<br> - Considered non-material. Investor waiver applied to non-material finding<br>- Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present.<br> - Considered non-material. Investor waiver applied to non-material finding<br>- Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 37%, maximum allowed DTI 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO 753, guideline minimum 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 652000 |
| 777946 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-14 19:51 | 2022-09-15 14:46 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 05-30-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 05-30-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 37%, maximum allowed DTI 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO 753, guideline minimum 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 651946 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 17:25 | 2022-09-30 16:26 | Waived | 2 - Non-Material C B | Credit | Assets | Asset 5 Less Than 2 Months Verified | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 30+ points > minimum required / Compensating Factor 2 - Residual income more than 1.5x the amount required by guidelines<br> - Due Diligence Vendor-xxxxxx<br> Open-Asset 5 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx xxxxxx. Two months required to support source of large transfers to xxxxxx xxxxxx and only the 04/27/2022 statement provided. Two transfers made on 05/25 for $29,000 and $20,000. Considered material due to large deposits - Due Diligence Vendor-xxxxxx |  | Waived--Investor Waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - Credit Score 30+ points > minimum required / Compensating Factor 2 - Residual income more than 1.5x the amount required by guidelines<br> - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653299 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 17:16 | 2022-09-19 14:17 | Waived | 2 - Non-Material B | Credit | Assets | Asset 3 Less Than 2 Months Verified | Waived-Asset 3 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx #xxxxxx. Two months required and 04/29/2020 statement and summary through 05/25/2022 provided. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 3 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx #xxxxxx. Two months required and 04/29/2020 statement and summary through 05/25/2022 provided. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653261 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 15:58 | 2022-09-19 14:15 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report 45% DTI, 787 fico. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report 45% DTI, 787 fico. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653044 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 17:16 | 2022-09-19 14:10 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx xxxxxx/xxxxxx. Two months required and only the 03/04/2022 statement provided. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx xxxxxx/xxxxxx. Two months required and only the 03/04/2022 statement provided. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653257 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 16:00 | 2022-09-19 14:09 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, mortgage broker and loan officer. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, mortgage broker and loan officer. Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653052 |
| 777948 | xxxxxx C B A | Closed | xxxxxx | 2022-09-15 16:56 | 2022-09-19 13:35 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 05-24-2022 is after the Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 05-24-2022 is after the Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 13.11 months reserves exceed 6 months required.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 653192 |
| 777954 | xxxxxx B A | Closed | xxxxxx | 2022-09-13 22:17 | 2022-09-14 19:33 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Waived-Asset 1 Less Than 2 Months Verified -1 month of statements in file. 2 required. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Waived-Asset 1 Less Than 2 Months Verified -1 month of statements in file. 2 required. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI is 28% below max allowed<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 83 points above minimum required.<br>Months Reserves exceed minimum required - - verified additional 6 months reserves |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650437 |
| 777954 | xxxxxx B A | Closed | xxxxxx | 2022-09-13 22:09 | 2022-09-14 17:12 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties . Report does contain borrower/seller and broker. Considered non material - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties . Report does contain borrower/seller and broker. Considered non material - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI is 28% below max allowed<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 83 points above minimum required.<br>Months Reserves exceed minimum required - - verified additional 6 months reserves |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650429 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 18:46 | 2022-09-30 15:09 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Open--CD provided that reflects refund to spouse for $37,500. File remains short 2.03 months reserves. Deemed non-material. - Due Diligence Vendor-xxxxxx<br> Open--NEW - Insufficient funds for post close reserves. Borrower spouse gave 2 gifts in the amount of $37,500 per final CD of which only one has a gift letter. Missing gift letter from spouse for additional gift of $37,500 - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of 3.97 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) - Missing verification of additional $37,500 deposit as reflected on Final CD; Borrower is short $10,288.90 in funds to close and additional 6 months reserves required ($41,074.74). With additional $37.5 deposit verified; Borrower is still short $27,211.10 in reserves - gift funds not sufficient to meet closing and reserve requirement and no other assets provided or reflected on Final 1003. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 657169 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-27 01:41 | 2022-09-30 15:08 | Resolved | 1 - Information A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved--CD provided which reflects refund to spouse of $37,500. - Due Diligence Vendor-xxxxxx<br> Open--NEW - Borrower spouse gave 2 gifts in the amount of $37,500 per final CD of which only one has a gift letter. Missing gift letter from spouse for additional gift of $37,500 - Due Diligence Vendor-xxxxxx<br> Open-Asset Record 1 Does Not Meet G/L Requirements - Due Diligence Vendor-xxxxxx |  | Resolved--CD provided which reflects refund to spouse of $37,500. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 666426 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 18:36 | 2022-09-30 15:06 | Resolved | 1 - Information C A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Total Qualified Assets Post-Close are greater than $0. - Due Diligence Vendor-xxxxxx<br> Open-Total Qualified Assets Post-Close amount is '$-10288.9'. Assets are Insufficient. - Missing verification of additional $37,500 deposit as reflected on Final CD; Borrower is short $10,288.90 in funds to close and additional 6 months reserves required ($41,074.74). With additional $37.5 deposit verified; Borrower is still short $27,211.10 in reserves - gift funds not sufficient to meet closing and reserve requirement and no other assets provided or reflected on Final 1003. - Due Diligence Vendor-xxxxxx |  | Resolved-Total Qualified Assets Post-Close are greater than $0. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 657140 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 18:15 | 2022-09-27 01:48 | 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-xxxxxx<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE within 10 days of Closing not found in file. Considered material as WQVOE from May is only income used - Due Diligence Vendor-xxxxxx |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 657078 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 21:53 | 2022-09-27 01:46 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Received management approval letter - Due Diligence Vendor-xxxxxx<br> Open-Third Party Fraud Report Partially Provided - Missing evidence of management review and approval for 802 score. Any score >= 800 require management approval to proceed with the loan. - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Received management approval letter - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 657630 |
| 777961 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 18:24 | 2022-09-19 21:53 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties. OFAC, HUD, LDP, FHFA SCP provided only for borrower, seller, mortgage broker and loan officer.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties. OFAC, HUD, LDP, FHFA SCP provided only for borrower, seller, mortgage broker and loan officer.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO is 99 points above minimum required.<br>LTV is less than guideline maximum - - LTV is 5% below max allowed |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 657094 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-Client provided initial LE dated xxxxxx - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Rescinded-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. Addressed in xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Rescinded-This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations. Addressed in xxxxxx - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654193 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $9,624.75.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Missing initial LE dated xxxxxx. Cannot test fees.<br> Statute of limitation - three years. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654194 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information A | Compliance | Disclosure | Consummation or Reimbursement Date Validation Test | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Rescinded-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. Addressed in xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Rescinded-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. Addressed in xxxxxx- Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654195 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. Missing LE dated within 3 business days of application date of xxxxxx.<br> Statute of Limitation - three years. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654196 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Client provided initial LE dated xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,870.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). Missing initial LE dated 5/6/22. Cannot test fees.<br> Statute of limitation - three years. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654197 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-16 02:54 | 2022-09-27 11:59 | Resolved | 1 - Information A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx <br> Rescinded-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: (12 CFR §1026.19(e)(1)(vi))The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). Due to all fees being not shoppable, SPL not required. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Rescinded-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: (12 CFR §1026.19(e)(1)(vi))The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). Due to all fees being not shoppable, SPL not required. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 654199 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-19 17:31 | 2022-09-27 01:55 | 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-xxxxxx<br> Open--considered material since WVOE was only income in file - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Missing VVOE within 10 days of closing from xxxxxx xxxxxx. - Due Diligence Vendor-xxxxxx |  | Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 656899 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-19 18:27 | 2022-09-20 14:01 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of 4.93 month(s) are less than Guideline Required Reserves of 6 month(s) - Borrower short 1.07 is non-material; High FICO and Low DTI. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Audited Reserves of 4.93 month(s) are less than Guideline Required Reserves of 6 month(s) - Borrower short 1.07 is non-material; High FICO and Low DTI. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 657101 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-19 17:43 | 2022-09-19 20:15 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower name, LO and company are present.<br> - Considered non-material; Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower name, LO and company are present.<br> - Considered non-material; Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656978 |
| 777962 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-19 17:42 | 2022-09-19 20:14 | Waived | 2 - Non-Material B | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Waived-The Tradelines for the borrower(s) do not meet the guideline requirements. - Guidelines require three tradelines with minimum 12 months history. Borrower only has two tradelines total on credit report.<br> - Borrower has an additional 12+ month VOR; 2 FICO scores, High qualifying FICO and DTI more than 5% below max - considered non-material. Investor waiver applied to non-material finding.<br> - Due Diligence Vendor-xxxxxx |  | Waived-The Tradelines for the borrower(s) do not meet the guideline requirements. - Guidelines require three tradelines with minimum 12 months history. Borrower only has two tradelines total on credit report.<br> - Borrower has an additional 12+ month VOR; 2 FICO scores, High qualifying FICO and DTI more than 5% below max - considered non-material. Investor waiver applied to non-material finding.<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Guideline max 49.99%, borrower DTI 32.72%<br>Qualifying FICO score is at least 20 points above minimum for program - - Guideline minimum 7000, borrower FICO 760. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656971 |
| 777965 | xxxxxx B A | Closed | xxxxxx | 2022-09-19 15:38 | 2022-09-20 13:28 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx checking/savings xxxxxx. Two months required and only the xxxxxx statement provided.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx checking/savings #0180. Two months required and only the 06/07/2022 statement provided.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 40.7% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 794 FICO exceeds 720 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656537 |
| 777965 | xxxxxx B A | Closed | xxxxxx | 2022-09-19 14:30 | 2022-09-20 13:28 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, mortgage broker and loan officer.<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, mortgage broker and loan officer.<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 40.7% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 794 FICO exceeds 720 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656273 |
| 777965 | xxxxxx B A | Closed | xxxxxx | 2022-09-19 14:17 | 2022-09-20 13:27 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report dated xxxxxx or subsequent to xxxxxx note date.<br> - Considered non-material due to loan disbursement date xxxxxx<br> - DTI 40.70% <br> - FICO 794 <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report dated 06/03/2022 or subsequent to xxxxxx note date.<br> - Considered non-material due to loan disbursement date xxxxxx<br> - DTI 40.70% <br> - FICO 794 <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 40.7% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 794 FICO exceeds 720 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656248 |
| 777965 | xxxxxx B A | Closed | xxxxxx | 2022-09-19 15:30 | 2022-09-20 13:12 | Waived | 2 - Non-Material B | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Waived-HO-6 Insurance Policy Effective Date of 06-21-2022 is after the Note Date of xxxxxx - Considered non-material due to Master condo policy is wall-in 100% guarantied replacement cost. HO6 policy is not required.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-HO-6 Insurance Policy Effective Date of 06-21-2022 is after the Note Date o fxxxxxx - Considered non-material due to Master condo policy is wall-in 100% guarantied replacement cost. HO6 policy is not required.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 40.7% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 794 FICO exceeds 720 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656522 |
| 777965 | xxxxxx B A | Closed | xxxxxx | 2022-09-16 16:52 | 2022-09-16 16:52 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 40.7% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 794 FICO exceeds 720 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 654808 |
| 777971 | xxxxxx B A | Closed | xxxxxx | 2022-09-12 21:16 | 2022-09-14 17:21 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing Considered non-material due to;<br> - FICO 787 w/ min 700<br> - DTI 38.28% w/ max 49.99%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing Considered non-material due to;<br> - FICO 787 w/ min 700<br> - DTI 38.28% w/ max 49.99%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI 38% below max DTI of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Borrower FICO 787, minimum required 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 647873 |
| 777971 | xxxxxx B A | Closed | xxxxxx | 2022-09-13 13:05 | 2022-09-14 17:16 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Only 30 day history provided for xxxxxx # xxxxxx and #xxxxxx. Guideline requires 60 days.<br> - Considered non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Only 30 day history provided for xxxxxx # 9414 and #9049. Guideline requires 60 days.<br> - Considered non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI 38% below max DTI of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Borrower FICO 787, minimum required 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 648664 |
| 777971 | xxxxxx B A | Closed | xxxxxx | 2022-09-14 17:13 | 2022-09-14 17:13 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> - Considered non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. <br> - Considered non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI 38% below max DTI of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Borrower FICO 787, minimum required 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 651472 |
| 777971 | xxxxxx B A | Closed | xxxxxx | 2022-09-12 20:49 | 2022-09-14 17:06 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 05-25-2022 is after the Note Date of xxxxxx Closing date xxxxxx however disbursement date on final CD is xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 05-25-2022 is after the Note Date of xxxxxx Closing date xxxxxx however disbursement date on final CD is xxxxxx<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI 38% below max DTI of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Borrower FICO 787, minimum required 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 647762 |
| 777971 | xxxxxx B A | Closed | xxxxxx | 2022-09-12 13:05 | 2022-09-12 16:31 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI 38% below max DTI of 49.99%<br>Qualifying FICO score is at least 20 points above minimum for program - Borrower FICO 787, minimum required 700. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 645355 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-13 20:59 | 2022-09-27 09:57 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Appraisal reflects transaction as ARMS length - Due Diligence Vendor-xxxxxx<br> Open-Property Title Issue - Provide LLC documentation for Seller - Current title holder xxxxxx xxxxxx xxxxxx. needed to support Arms length transaction. - Due Diligence Vendor-xxxxxx |  | Resolved-Property Title Issue Resolved - Appraisal reflects transaction as ARMS length - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 650348 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-13 21:59 | 2022-09-27 09:54 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived--Received verbal VOE dated 06/07/2022 which is after Note date of xxxxxx but prior to Disbursement date of xxxxxx. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Per guideline require VVOE completed 10 days prior to the note date. VOE in file dated 4/21/2022 and Note date xxxxxx. WVOE is only income, therefore, considered material - Due Diligence Vendor-xxxxxx |  | Waived--Received verbal VOE dated 06/07/2022 which is after Note date of 0xxxxxxbut prior to Disbursement date ofxxxxxx. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650423 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-14 13:22 | 2022-09-14 18:04 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - OFAC/ GSA/LDP checked for Borrower and Loan officer. But guideline require if any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - OFAC/ GSA/LDP checked for Borrower and Loan officer. But guideline require if any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650847 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-14 13:22 | 2022-09-14 18:04 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared -- OFAC/ GSA/LDP checked for Borrower and Loan officer. But guideline require if any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared -- OFAC/ GSA/LDP checked for Borrower and Loan officer. But guideline require if any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650848 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-13 21:27 | 2022-09-14 17:58 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 06-08-2022 is after the Note Date of xxxxxx - Subject property located in xxxxxx. HOI effective date 6/8/2022 after the Note Date of xxxxxx but prior to disbursement date 6/8/2022.-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 06-08-2022 is after the Note Date of xxxxxx - Subject property located in xxxxxx. HOI effective date 6/8/2022 after the Note Date of xxxxxxbut prior to disbursement date xxxxxx.-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650392 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-13 21:18 | 2022-09-14 17:57 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 05-02-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 05-02-2022 is prior to Note Date of xxxxxx - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 650381 |
| 777975 | xxxxxx D B A | Closed | xxxxxx | 2022-09-13 11:14 | 2022-09-13 13:25 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - - LTV 65.67% is less than guideline maximum 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 810 is at least 20 points above minimum for program 680. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 648532 |
| 778002 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 17:05 | 2022-09-29 19:14 | Resolved | 1 - Information D A | Property | Missing Doc | HOA Questionnaire Document is Missing | Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx<br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Missing HOA Questionnaire. Unable to determine if project is warrantable and if there is any outstanding litigation. Additional findings may apply. - Due Diligence Vendor-xxxxxx |  | Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.97% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 656821 |
| 778002 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 16:07 | 2022-09-20 13:41 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report pulled 09/08/2022, or after xxxxxx Note date. No new debt acquired. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report pulled 09/08/2022, or after xxxxxx Note date. No new debt acquired. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.97% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656638 |
| 778002 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 16:09 | 2022-09-20 13:40 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, seller, mortgage broker and loan officer. - Finding is deemed non-material. --Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, seller, mortgage broker and loan officer. - Finding is deemed non-material. --Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.97% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656639 |
| 778002 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 16:32 | 2022-09-20 13:39 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx xxxxxx. Two months required and file includes 06/22/2022 statement and transaction history through 07/01/2022.<br> - Mid FICO is 787, DTI is 41.97% and LTV 70%. - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx #9579. Two months required and file includes 06/22/2022 statement and transaction history through 07/01/2022.<br> - Mid FICO is 787, DTI is 41.97% and LTV 70%. - Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.97% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 656698 |
| 778002 | xxxxxx D B A | Closed | xxxxxx | 2022-09-19 12:20 | 2022-09-19 13:06 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.97% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 787 FICO exceeds 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 655947 |
| 778474 | xxxxxx D B A | Closed | xxxxxx | 2022-09-28 17:11 | 2022-09-30 11:38 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved--Received LOE - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. Pls. see attached LOE. - Seller-xxxxxx<br> Ready for Review-Pls. disregard the comment below as I was looking at xxxxxx (which has a very similar loan number, only last digit is diff). LOE has been requested for inquiry dated 6/2/2022 fr xxxxxx. - Sellerxxxxxx<br> Ready for Review-There isn't credit inquiry dated 6/2/22 listed on the credit report dated 09/12/2022 (see page 525 on the file upload) nor on credit refresh dated 9/22/22 (see pg xxxxxx) and consumer explanation letter (w/c can be found on page xxxxxx). - Seller-xxxxxx <br> Open--Missing LOE for credit inquiry 6/2/22 from xxxxxx. Form provided left this inquiry blank and did not address. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Pls. see attached LOE. - Seller-xxxxxx<br> Ready for Review-Pls. disregard the comment below as I was looking at xxxxxx (which has a very similar loan number, only last digit is diff). LOE has been requested for inquiry dated 6/2/2022 fr Credco. - Seller-xxxxxx<br> Ready for Review-There isn't credit inquiry dated 6/2/22 listed on the credit report dated 09/12/2022 (see page 525 on the file upload) nor on credit refresh dated 9/22/22 (see pg 516) and consumer explanation letter (w/c can be found on page 535). - Seller-xxxxxx | Resolved--Received LOE - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 692 exceeds minimum required FICO of 600.<br>Months Reserves exceed minimum required - -25 months reserves exceeds minimum required amount of 3 months. |  | xxxxxx_xxxxxx - CREDIT.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 668890 |
| 778474 | xxxxxx D B A | Closed | xxxxxx | 2022-09-28 16:58 | 2022-09-28 18:55 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Waived-Audited DTI of 51.72% exceeds Guideline DTI of 50% - Exception in file approved by Investor to allow DTI of 51.72% which exceeds max DTI of 50%. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Audited DTI of 51.72% exceeds Guideline DTI of 50% - Exception in file approved by Investor to allow DTI of 51.72% which exceeds max DTI of 50%. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 692 exceeds minimum required FICO of 600.<br>Months Reserves exceed minimum required - -25 months reserves exceeds minimum required amount of 3 months. | 1. THE BORROWER HAS 25 MONTHS IN RESERVES $77,598.32<br> 2. BORROWER HAS MINIMAL DEBT. (filed BK)<br> 3. NOT USING SPOUSES INCOME TO QUALIFY<br> 4. LOW LTV AT 40% |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 668860 |
| 778503 | xxxxxx D B A | Closed | xxxxxx | 2022-11-02 13:22 | 2022-11-03 13:49 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan does not conform to program guidelines | Waived--Received evidence of Exception approval from Investor. Finding is waived - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. SEE ATTACHED APPROVED UW EXCEPTION - Seller-xxxxxx<br> Open-Guidelines require properties previously listed must be seasoned at least six months from listing contract expiration date to loan application date. Primary appraisal identifies subject had active listing on xxxxxx that was placed on hold after 53 days on market. Exception request in file but Investor approval missing. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. SEE ATTACHED APPROVED UW EXCEPTION - Seller-xxxxxx | Waived--Received evidence of Exception approval from Investor. Finding is waived - Due Diligence Vendor-xxxxxx | On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 47 months for 1st and 0x30 for 45 months for HELOC.<br>Qualifying DTI below maximum allowed - 38.94% DTI is less than 50% maximum.<br>Months Reserves exceed minimum required - 57.86 months reserves and 6 months required.<br>LTV is less than guideline maximum - 61.43% LTV is less than 80% maximum. | -Residual income $45,447.96. Audit residual income $37,183.86.<br> - DTI 25.88/32.55%. Audit ratios 31.99%/38.74%.<br> - Mortgage history of 0x30 for 57 months. Audit confirmed 0x30 for 47 months for 1st and 0x30 for 45 months for HELOC. | xxxxxx_xxxxxxEXCEPTION - APPROVED.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 719723 |
| 778503 | xxxxxx D B A | Closed | xxxxxx | 2022-11-02 11:03 | 2022-11-03 13:43 | Resolved | 1 - Information D A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved--Received corrected 1003 showing borrower as a US Citizen - Due Diligence Vendor-xxxxxx<br> Resolved-Borrower Citizenship Documentation Provided or Not Required - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. Pls. find attached corrected Final 1003 showing client as US citizen. - Seller-xxxxxx<br> Open-Borrower Citizenship Documentation Is Missing Missing copy of front/back of green card or other acceptable evidence of permanent residency. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Pls. find attached corrected Final 1003 showing client as US citizen. - Seller-xxxxxx | Resolved--Received corrected 1003 showing borrower as a US Citizen - Due Diligence Vendor-xxxxxx<br> Resolved-Borrower Citizenship Documentation Provided or Not Required - Due Diligence Vendor-xxxxxx | On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 47 months for 1st and 0x30 for 45 months for HELOC.<br>Qualifying DTI below maximum allowed - 38.94% DTI is less than 50% maximum.<br>Months Reserves exceed minimum required - 57.86 months reserves and 6 months required.<br>LTV is less than guideline maximum - 61.43% LTV is less than 80% maximum. |  | xxxxxx_xxxxxx_FINAL 1003.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 719546 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-26 18:57 | 2022-10-12 14:51 | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) - Due Diligence Vendor-xxxxxx<br> Open-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) Homeownership Counseling Disclosure is partially provided, contains 4 providers rather than the required 10.<br> Statute of Limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 665820 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-30 12:42 | 2022-10-04 20:54 | Resolved | 1 - Information C A | Property | Data | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-A desk review was received which supports the value - Due Diligence Vendor-xxxxxx<br> Open--Missing Third Party Appraisal Review from 1 of the 3 vendors below:<br> 1. CDA report from Clear Capital<br> 2. ARR from xxxxxx<br> 3. ARA from xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved-A desk review was received which supports the value - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 672149 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 21:45 | 2022-10-04 20:53 | Resolved | 1 - Information A | Property | Appraisal | The appraiser was not licensed (Primary Value) | Resolved- - Due Diligence Vendor-xxxxxx<br> Rescinded-Primary Value appraiser's license was effective prior to the Valuation Date and expired after the Valuation Date Or Primary Valuation Is Not Selected Or Appraiser License Dates Are Not Provided - Due Diligence Vendor-xxxxxx<br> Open-Primary Value appraiser's license was not effective prior to the Valuation Date or expired prior to the Valuation Date - Appraiser license in file and appraiser registry shows active date of 7/14/22, appraisal completed on 5/19/22. - Due Diligence Vendor-xxxxxx |  | Resolved- - Due Diligence Vendor-xxxxxx<br> Rescinded-Primary Value appraiser's license was effective prior to the Valuation Date and expired after the Valuation Date Or Primary Valuation Is Not Selected Or Appraiser License Dates Are Not Provided - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 669657 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-29 14:43 | 2022-09-30 13:17 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - One month statement required for xxxxxx acct xxxxxx. Guideline requires two months be provided.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - One month statement required for xxxxxx acct #xxxxxx. Guideline requires two months be provided.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670247 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-29 14:34 | 2022-09-30 12:57 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-09/29/2022<br>| Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670230 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-29 14:11 | 2022-09-30 12:55 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE dated 7/20/22, close date xxxxxx. VVOE done prior to Final CD disbursement datexxxxxx, non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE dated 7/20/22, close date xxxxxx. VVOE done prior to Final CD disbursement date xxxxxx, non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670170 |
| 778716 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-29 13:52 | 2022-09-30 12:49 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 07-19-2022 is after the Note Date of xxxxxx - final CD disbursement date xxxxxx, non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor0xxxxxx |  | Waived-Hazard Insurance Effective Date of 07-19-2022 is after the Note Date ofxxxxxx - final CD disbursement date xxxxxx, non-material<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Borrower FICO of 812 exceeds minimum required of 660.<br>Qualifying DTI below maximum allowed - - Borrower DTI of 41% less than maximum allowed of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670123 |
| 778725 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 14:43 | 2022-10-11 14:05 | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved--Post Close CD provided which reflects loan did not fund until xxxxxx - Due Diligence Vendor-xxxxxx <br> Open-Hazard Insurance Effective Date of 07-01-2022 is after the Note Date of xxxxxx Loan disbursed on xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved--Post Close CD provided which reflects loan did not fund until xxxxxx Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 796 FICO is less than 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 670246 |
| 778725 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 13:18 | 2022-09-30 16:43 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report. Considered non material . DTI 47%. 05 in credit line usage. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report. Considered non material . DTI 47%. 05 in credit line usage. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 796 FICO is less than 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670054 |
| 778725 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 14:54 | 2022-09-30 16:35 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx #5796. Two required per guidelines. File included 05/31/0202 statement and history through 06/08/2022. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx #xxxxxx. Two required per guidelines. File included 05/31/0202 statement and history through 06/08/2022. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 796 FICO is less than 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670264 |
| 778725 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 13:23 | 2022-09-30 16:27 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, sellers, lender and loan officer. Investor waiver applied to non-material finding<br>- Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - Missing OFAC check for all interested parties. OFAC provided only for borrower, sellers, lender and loan officer. Investor waiver applied to non-material finding<br>- Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 796 FICO is less than 700 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 670076 |
| 778741 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 20:41 | 2022-10-19 20:16 | Waived | 2 - Non-Material C B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Deemed non material. Lender provided CD once again showing same disbursement date. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Open-Hazard Insurance Effective Date of 07-07-2022 is after the Note Date of xxxxxx- Per CD, Disbursement date is xxxxxx - Due Diligence Vendor-xxxxxx |  | Waived-Deemed non material. Lender provided CD once again showing same disbursement date. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score is 120 points above minimum required.<br>LTV is less than guideline maximum - - Calculated LTV is 5% below guideline max. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 671460 |
| 778741 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 21:01 | 2022-10-03 20:10 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE for both borrowers dated 6 days post closing and guidelines require a VVOE within 10 days prior to the Note date. Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE for both borrowers dated 6 days post closing and guidelines require a VVOE within 10 days prior to the Note date. Investor waiver applied to non-material finding. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score is 120 points above minimum required.<br>LTV is less than guideline maximum - - Calculated LTV is 5% below guideline max. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 671516 |
| 778741 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 21:45 | 2022-10-03 19:49 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of 5.05 month(s) are less than Guideline Required Reserves of 6 month(s) - Borrowers short 0.95 months reserves (6 months required for LTV > 70%); all assets in file are from gift funds. No other asset documentation provided or stated on 1003. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Audited Reserves of 5.05 month(s) are less than Guideline Required Reserves of 6 month(s) - Borrowers short 0.95 months reserves (6 months required for LTV > 70%); all assets in file are from gift funds. No other asset documentation provided or stated on 1003. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score is 120 points above minimum required.<br>LTV is less than guideline maximum - - Calculated LTV is 5% below guideline max. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 671626 |
| 778741 | xxxxxx C B A | Closed | xxxxxx | 2022-09-29 21:21 | 2022-10-03 19:45 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties. OFAC, HUD, LDP, FHFA SCP provided only for borrower, seller, mortgage broker and loan officer. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - Missing OFAC and Exclusionary Lists check for all interested parties. OFAC, HUD, LDP, FHFA SCP provided only for borrower, seller, mortgage broker and loan officer. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score is 120 points above minimum required.<br>LTV is less than guideline maximum - - Calculated LTV is 5% below guideline max. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 671564 |
| 778753 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 13:19 | 2022-10-17 21:03 | Resolved | 1 - Information C A | Credit | Borrower | Potential Occupancy/Current Address Issues identified in the file | Resolved-Upon further review, the credit report reflect all consumer debts associated with address as well as HOI as mailing address. - Due Diligence Vendor-xxxxxx<br> Open-Appraisal notes owner occupied but photos give the appearance of someone moving in or moving out. No furniture in bedrooms, Boxes in living room/dining room, kitchen has many cupboard item on counters and there is a white realtor sign post against the chimney. Clarification required. Additional findings may apply. - Due Diligence Vendor-xxxxxx |  | Resolved-Upon further review, the credit report reflect all consumer debts associated with address as well as HOI as mailing address. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 716 FICO exceeds 680 minimum required.<br>Months Reserves exceed minimum required - 28.33 months reserves exceeds 4 months required.<br>On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 23 months for subject property. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 683009 |
| 778753 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-30 13:03 | 2022-10-17 17:13 | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Resolved-Client provided HOC with complete list of counselors. - Due Diligence Vendor-xxxxxx<br> Open-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is xxxxxx and Occupancy is Primary Residence) Homeownership Counseling Disclosure in file contains 7 counseling agencies, must contain 10.<br> Statute of Limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided HOC with complete list of counselors. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 716 FICO exceeds 680 minimum required.<br>Months Reserves exceed minimum required - 28.33 months reserves exceeds 4 months required.<br>On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 23 months for subject property. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 672183 |
| 778753 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-04 18:22 | 2022-10-07 13:20 | Waived | 2 - Non-Material B | Property | Property Issue | FEMA declared disaster after the Note Date and Appraisal date | Waived-Public assistance available for xxxxxx xxxxxx xxxxxx xxxxxx (xxxxxx xxxxxx xxxxxx).<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Public assistance available for xxxxxx xxxxxx xxxxxx xxxxxx (xxxxxx xxxxxxxxxxxx).<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 716 FICO exceeds 680 minimum required.<br>Months Reserves exceed minimum required - 28.33 months reserves exceeds 4 months required.<br>On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 23 months for subject property. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 677100 |
| 778753 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-04 16:50 | 2022-10-07 12:16 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 716 FICO exceeds 680 minimum required.<br>Months Reserves exceed minimum required - 28.33 months reserves exceeds 4 months required.<br>On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 23 months for subject property. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 676810 |
| 778753 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-04 16:49 | 2022-10-07 12:15 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report was pulled 08/01/2022, or after xxxxxx note date.<br> Considered non-material due to;<br> Soft pull prior to disbursement date ofxxxxxx with no changes<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report was pulled 08/01/2022, or after xxxxxx note date.<br> Considered non-material due to;<br> Soft pull prior to disbursement date of xxxxxx with no changes<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 716 FICO exceeds 680 minimum required.<br>Months Reserves exceed minimum required - 28.33 months reserves exceeds 4 months required.<br>On time mortgage history exceeds guideline requirement - Mortgage payment history of 0x30 for 23 months for subject property. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 676807 |
| 778758 | xxxxxx B A | Closed | xxxxxx | 2022-10-09 19:29 | 2022-10-09 19:29 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of 3.49 month(s) are less than Guideline Required Reserves of 4 month(s) Considered non-material due to Reserves short by less than 1 month;<br> - DTI 42%<br> - FICO 779<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Audited Reserves of 3.49 month(s) are less than Guideline Required Reserves of 4 month(s) Considered non-material due to Reserves short by less than 1 month;<br> - DTI 42%<br> - FICO 779<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 42.95% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 779 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685173 |
| 778758 | xxxxxx B A | Closed | xxxxxx | 2022-10-06 14:04 | 2022-10-09 19:25 | Waived | 2 - Non-Material B | Credit | Assets | Asset 3 Less Than 2 Months Verified | Waived-Asset 3 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx xxxxxx, xxxxxx xxxxxx and xxxxxx xxxxxx. Two months required and 07/08 statement provided for xxxxxx xxxxxx, 07/14 statement provided for xxxxxx xxxxxx and 07/18 statement provided for xxxxxx xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 3 Less Than 2 Months Verified - Missing additional month's bank statement for xxxxxx #xxxxxx, xxxxxx #xxxxxx and xxxxxx #xxxxxx/xxxxxx. Two months required and 07/08 statement provided for xxxxxx #xxxxxx, 07/14 statement provided for xxxxxx #xxxxxx and 07/18 statement provided for xxxxxx #xxxxxx/xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 42.95% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 779 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680145 |
| 778758 | xxxxxx B A | Closed | xxxxxx | 2022-10-06 13:24 | 2022-10-09 19:24 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material, Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material, Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 42.95% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 779 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680035 |
| 778758 | xxxxxx B A | Closed | xxxxxx | 2022-10-06 14:37 | 2022-10-09 19:20 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 07-21-2022 is after the Note Date ofxxxxxxConsidered non-material due to final CD disbursement datexxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 07-21-2022 is after the Note Date of xxxxxx Considered non-material due to final CD disbursement date xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 42.95% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 779 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680264 |
| 778760 | xxxxxx D B C A | Closed | xxxxxx | 2022-09-30 16:51 | 2022-10-19 13:33 | Resolved | 1 - Information C A | Compliance | ComplianceEase | Initial Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Client provided LE xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the initial loan estimate delivery date test (prior to consummation) The initial loan estimate delivery date is xxxxxx which less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction xxxxxx. Statute of Limitations - one year. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided LE xxxxxx. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 31.75 months reserves and 4 months required.<br>LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 746 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 672981 |
| 778760 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-06 15:14 | 2022-10-19 12:52 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-xxxxxx<br> Open-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report. DTI 46% - Due Diligence Vendor-xxxxxx |  | Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 31.75 months reserves and 4 months required.<br>LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 746 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 680451 |
| 778760 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-06 15:56 | 2022-10-19 12:45 | Waived | 2 - Non-Material C B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived--Received Post-close CD with a disbursement date of xxxxxx. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx<br> Open-Hazard Insurance Effective Date of 07-19-2022 is after the Note Date of xxxxxx - Material due to Hazard Insurance Effective Date of 07-19-2022 is after Final CD disbursement date of xxxxxx. - Due Diligence Vendor-xxxxxx |  | Waived--Received Post-close CD with a disbursement date of xxxxxx. Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 31.75 months reserves and 4 months required.<br>LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 746 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680595 |
| 778760 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-06 15:33 | 2022-10-09 20:09 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx xxxxxx xxxxxx. Two months required and only the 06/16/2022 statement in file.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx #5865. Two months required and only the 06/16/2022 statement in file.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 31.75 months reserves and 4 months required.<br>LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 746 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680516 |
| 778760 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-06 15:16 | 2022-10-09 20:08 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material Borrower and Seller are present. <br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - 31.75 months reserves and 4 months required.<br>LTV is less than guideline maximum - 70% LTV is less than 80% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 746 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 680457 |
| 778769 | xxxxxx B A | Closed | xxxxxx | 2022-10-05 15:00 | 2022-10-10 11:26 | Waived | 2 - Non-Material B | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Waived--missing verification of the HOA status for the xxxxxx REO property.<br> - Considered non-material due to DTI of 7% - Due Diligence Vendor-xxxxxx |  | Waived--missing verification of the HOA status for the xxxxxx REO property.<br> - Considered non-material due to DTI of 7% - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 7% is less than the program guideline of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 678443 |
| 778769 | xxxxxx B A | Closed | xxxxxx | 2022-10-05 14:19 | 2022-10-10 10:44 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - File contains only 1 month bank statement for xxxxxx account xxxxxx. Two months are required per guides.<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - File contains only 1 month bank statement for xxxxxx account #xxxxxx. Two months are required per guides.<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 7% is less than the program guideline of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 678341 |
| 778769 | xxxxxx B A | Closed | xxxxxx | 2022-10-05 14:11 | 2022-10-10 10:42 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower and Seller are present. <br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 7% is less than the program guideline of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 678319 |
| 778769 | xxxxxx B A | Closed | xxxxxx | 2022-10-05 12:42 | 2022-10-10 10:22 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 07-21-2022 is after the Note Date of xxxxxx - Considered non-material due to final CD disbursement date xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 07-21-2022 is after the Note Date of xxxxxx - Considered non-material due to final CD disbursement date xxxxxx .<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - DTI of 7% is less than the program guideline of 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 678109 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-10 17:19 | 2022-10-31 14:48 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx<br> Counter-Received report, however, missing the report listing the Seller - Due Diligence Vendor-xxxxxx<br> Counter--Received Alert Summary. File is missing the complete Fraud report - Due Diligence Vendor-xxxxxx<br> Open-Missing Third Party Fraud Report - Fraud Report not provided. - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 685920 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-10 20:16 | 2022-10-31 14:48 | Resolved | 1 - Information C A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved--OFAC/Exclusionary list checked for all parties - Due Diligence Vendor-xxxxxx<br> Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-xxxxxx<br> Open-OFAC Check Not Completed and/or Cleared - Missing OFAC/GSA/LDP for borrower/seller, and any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. - Due Diligence Vendor-xxxxxx |  | Resolved--OFAC/Exclusionary list checked for all parties - Due Diligence Vendor-xxxxxx<br> Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 686448 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-21 13:26 | 2022-10-31 14:48 | Resolved | 1 - Information A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-1xxxxxx<br> Open-All Interested Parties Not Checked with Exclusionary Lists - All Interested parties to the transaction not checked with exclusionary lists; report checked only for Borrower, LO Company and LO. - Due Diligence Vendor-xxxxxx |  | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 702406 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:55 | 2022-10-21 13:58 | Resolved | 1 - Information A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Client provided SSPL xxxxxx - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx <br> Counter-Initial application date - xxxxxx. Client provided Service Provider list 7/20/2022. This is not within the 3 day timing requirement.<br> Statute of Limitations - Three years - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: (12 CFR §1026.19(e)(1)(vi))The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: (12 CFR §1026.19(e)(1)(vi))The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). Written List of Service Providers, xxxxxx, is not within 3 days of initial 1003 date of 7/14/2022. Statute of Limitations - Three years<br> - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided SSPL 7/20/2022 - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679295 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:55 | 2022-10-21 13:56 | Resolved | 1 - Information C A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Client provided initial LE 7/15/2022 - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Counter-Initial application date - xxxxxx. Client provided initial LE 7/20/2022. This is not within the 3 day timing requirement.<br> Statute of Limitations - Three years - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. - Due Diligence Vendor-xxxxxx<br> Open- This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A))The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. Missing initial LE dated within 3 days of application date of xxxxxx. Statue of limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE xxxxxx - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679293 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:55 | 2022-10-21 13:56 | Resolved | 1 - Information C A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Client provided initial LE xxxxxx- Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx <br> Counter-Unable to test, missing LE within 3 days of application date of xxxxxx<br> Statute of Limitations,. Three years - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,498.18) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). - Due Diligence Vendor-xxxxxx<br> Open- This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,498.18) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). Unable to test, missing initial LE dated within 3 days of application date of xxxxxx. Statute of limitations - Three years - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided initial LE xxxxxx - Due Diligence Vendor-xxxxxx<br> Resolved-Resolved - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679294 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:55 | 2022-10-21 13:50 | Resolved | 1 - Information C A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Resolved - Due Diligence Vendor-xxxxxx<br> Counter-Unable to test, missing LE within 3 days of application date of xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $10,399.53.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-xxxxxx<br> Open- This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $10,399.53.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Unable to test, missing initial LE dated within 3 days of application date of xxxxxx. Statute of Limitations - Three years - Due Diligence Vendor-xxxxxx |  | Resolved-Resolved - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679290 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:55 | 2022-10-17 19:45 | Resolved | 1 - Information C A | Compliance | TRID | TRID Initial Closing Disclosure Date and Funding Date Validation Test | Resolved-Client provided Final CD: xxxxxx and PCCDxxxxxxwith disbursement date of xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields. Final CD disbursement date,xxxxxx, is prior to closing date and notary date of xxxxxx. Statute of Limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided Final CD: xxxxxx and PCCD xxxxxx with disbursement date of xxxxxx. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679291 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:36 | 2022-10-17 19:18 | Resolved | 1 - Information C A | Compliance | Disclosure | ARM Disclosure Not Provided Within 3 Days of Application Date | Resolved-ARM Disclosure Provided Within 3 Days of Application Date or Not Applicable (Occupancy is Primary Residence and Note Type is ARM) - Due Diligence Vendor-xxxxxx<br> Open--ARM Disclosure Provided 8/25/2022 is not Within 3 Days of Application Date ofxxxxxx. Statute of Limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved-ARM Disclosure Provided Within 3 Days of Application Date or Not Applicable (Occupancy is Primary Residence and Note Type is ARM) - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 679214 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-10 16:42 | 2022-10-17 19:11 | Resolved | 1 - Information C A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of $xxxxxx is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-xxxxxx<br> Open-Title Coverage Amount of $0 is Less than Total Amount of Subject Lien(s) of $xxxxxx. - Title coverage amount not provided. - Due Diligence Vendor-xxxxxx |  | Resolved-Title Coverage Amount of $579878 is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 685817 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 19:36 | 2022-10-10 20:19 | Waived | 2 - Non-Material B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). The Home Loan Toolkit, 7/20/2022 was not provided within 3 days of the Application Date of xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). The Home Loan Toolkit, 7/20/2022 was not provided within 3 days of the Application Date of xxxxxx<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 679215 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-10 17:27 | 2022-10-10 20:18 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Only one month statement provided for checking xxxxxx and guidelines require two months.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Only one month statement provided for checking #7826 and guidelines require two months.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685955 |
| 778778 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-10 17:18 | 2022-10-10 20:15 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Soft-pull credit report from prior to closing not provided. Considered non-material due to DTI 43% with max of 49.99%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Soft-pull credit report from prior to closing not provided. Considered non-material due to DTI 43% with max of 49.99%<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO 793 is 93 points above minim required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685919 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 15:51 | 2022-11-08 16:32 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved--Received Fraud report - Due Diligence Vendor-xxxxxx<br> Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Buyer-xxxxxx<br> Open-Missing Third Party Fraud Report - Missing OFAC/GSA/LDP for Borrower, Seller and any of the companies or individuals involved in the origination, underwriting, or servicing of the mortgage transaction. - Due Diligence Vendor-xxxxxx |  | Resolved--Received Fraud report - Due Diligence Vendor-xxxxxx<br> Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  | xxxxxx REVIEWED LOAN SAFE, GSA, OFAC (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 683543 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-27 18:01 | 2022-11-08 16:32 | Resolved | 1 - Information A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-xxxxxx<br> Counter--Received Exclusionary search for Seller. Missing Exclusionary search for Lender on Note. Finding remains - Due Diligence Vendor-xxxxxx<br> Open-All Interested Parties Not Checked with Exclusionary Lists - Due Diligence Vendor-xxxxxx |  | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 711956 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-27 18:01 | 2022-11-08 16:32 | Resolved | 1 - Information A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-xxxxxx<br> Counter--Received OFAC for Seller. Missing OFAC search for Lender on Note. Finding remains - Due Diligence Vendor-xxxxxx<br> Open--NEW - Missing OFAC search for Seller and Lender as required per guidelines - Due Diligence Vendor-xxxxxx<br> Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-xxxxxx |  | Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 711957 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 15:26 | 2022-10-27 17:52 | Waived | 2 - Non-Material D B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived--Received verbal VOE dated 10/14/22, 2+ months post-close. - Finding is deemed non-material. --Investor waiver applied to non-material Findings - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Buyer-xxxxxx<br> Open-Borrower 1 3rd Party VOE Prior to Close Missing - Per guideline require VVOE for self employed 120 days prior to the note date.<br> - Guideline require Business phone number must be verifiable via Google Search, 411.com or internet.<br> - 1003 and P&L reflect Business name xxxxxx xxxxxx xxxxxx. However CPA letter indicate Borrower own 50% of xxxxxx xxxxxx xxxxxx . Per guideline, the existence of businesses that are the source of self-employment income must be verified via a phone listing (telephone book, directory assistance or internet) or third party (licensing bureau, regulatory agency, CPA, etc.). <br> - Due Diligence Vendor-xxxxxx |  | Waived--Received verbal VOE dated 10/14/22, 2+ months post-close. - Finding is deemed non-material. --Investor waiver applied to non-material Findings - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  | xxxxxx VVOE (1).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 683440 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-05 17:22 | 2022-10-17 19:08 | Resolved | 1 - Information C A | Compliance | Disclosure | ARM Disclosure Not Provided Within 3 Days of Application Date | Resolved--Received initial ARM disclosure dated 7/18/2022. - Due Diligence Vendor-xxxxxx<br> Resolved-ARM Disclosure Provided Within 3 Days of Application Date or Not Applicable (Occupancy is Primary Residence and Note Type is ARM) - Due Diligence Vendor-xxxxxx<br> Open--ARM Disclosure in file dated 8/8/2022 does not meet requirement to be disclosed within 3 days of application date of xxxxxx. Statue of Limitations - One year - Due Diligence Vendor-xxxxxx |  | Resolved--Received initial ARM disclosure dated 7/18/2022. - Due Diligence Vendor-xxxxxx<br> Resolved-ARM Disclosure Provided Within 3 Days of Application Date or Not Applicable (Occupancy is Primary Residence and Note Type is ARM) - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 678848 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 15:55 | 2022-10-10 00:39 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Guideline require 2 months bank statements. File contain xxxxxx account one month /June Bank Statement and July statement till 7/21/2022.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Guideline require 2 months bank statements. File contain xxxxxx account one month /June Bank Statement and July statement till 7/21/2022.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 683560 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 15:32 | 2022-10-10 00:37 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft credit pull, considered non-material due to;<br> - DTI 35%<br> - FICO 778<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft credit pull, considered non-material due to;<br> - DTI 35%<br> - FICO 778<br> Investor waiver applied to non-material finding<br> - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 683464 |
| 778782 | xxxxxx D B C A | Closed | xxxxxx | 2022-10-07 14:22 | 2022-10-10 00:29 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 08-05-2022 is after the Note Date of xxxxxx - Considered non-material due to final CD reflect disbursement date xxxxxx.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 08-05-2022 is after the Note Date of xxxxxx - Considered non-material due to final CD reflect disbursement date xxxxxx<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - - Qualifying DTI 34% below maximum allowed 49.99%.<br>Qualifying FICO score is at least 20 points above minimum for program - - Qualifying FICO score 778 is at least 20 points above minimum for program 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 683217 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-10 12:28 | 2022-10-19 13:59 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx <br> Open-Property Title Issue - Vesting on title commitment does not match Deed of Trust and includes an additional third party. Missing the Deed of Gift identified in item 5 of the commitment. - Due Diligence Vendor-xxxxxx |  | Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 685248 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-10 12:53 | 2022-10-11 17:11 | Waived | 2 - Non-Material B | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-OFAC Check Not Completed and/or Cleared - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Borrower and Seller are present. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 685259 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-07 19:48 | 2022-10-11 17:10 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report is dated 09/21/2022 or afterxxxxxx note date. DTI is 31.83%.-Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report is dated 09/21/2022 or after xxxxxx note date. DTI is 31.83%.-Finding is deemed non-material. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 684529 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-10 12:58 | 2022-10-11 17:09 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx xxxxxx. Two months required and only the 07/31/2022 statement provided.-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - Missing additional month's statement for xxxxxx #2135. Two months required and only the 07/31/2022 statement provided.-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 685268 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-10 13:04 | 2022-10-11 17:09 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Audited Reserves of 3.74 month(s) are less than Guideline Required Reserves of 4 month(s) - Finding deemed non material with FICO 722, 41.83% DTI and 66.67% LTV. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Audited Reserves of 3.74 month(s) are less than Guideline Required Reserves of 4 month(s) - Finding deemed non material with FICO 722, 41.83% DTI and 66.67% LTV. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 685282 |
| 778793 | xxxxxx C B A | Closed | xxxxxx | 2022-10-06 10:53 | 2022-10-06 13:25 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 66.67% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 41.83% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 722 FICO exceeds 660 minimum required. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 679839 |
| 778800 | xxxxxx D B A | Closed | xxxxxx | 2022-10-10 15:41 | 2022-10-18 21:48 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived--Investor waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines / Compensating Factor 2 - Credit Score 20 points > minimum required<br> - Due Diligence Vendor-xxxxxx<br> Counter--Client Response: see attached gift letter of 10K. Required reserve is $102548.7 ($12124.14+closing funds $102548.7) and total asset is $104442.89 (gift $10000+$94442.89)<br> -(AUDIT RESPONSE): Rec'd 10K gift letter - missing evidence of transfer at closing; Also, still short of reserve requirement. Required reserves $16,078.14 + Closing funds $91,124.40 + EMD (verified) $22,500 = $129,702.54; actual verified is $126,942.89. Finding to remain. - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of 1.24 month(s) are less than Guideline Required Reserves of 6 month(s) - Borrower short 4.76 months reserves. - Due Diligence Vendor-xxxxxx |  | Waived--Investor waiver: The request for an exception to xxxxxx eligibility criteria is granted. Compensating Factor 1 - LTV/CLTV 5% or more below the maximum allowed under applicable guidelines / Compensating Factor 2 - Credit Score 20 points > minimum required<br> - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - -75% LTV lower than max allowed of 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO of 774 exceed minimum required of 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685646 |
| 778800 | xxxxxx D B A | Closed | xxxxxx | 2022-10-10 15:06 | 2022-10-17 18:05 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Rec'd Mgmt approval. - Due Diligence Vendor-xxxxxx<br> Open-Third Party Fraud Report Partially Provided - Missing management approval to allow >= 800 or 807 xxxxxx Fraud report score. - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Rec'd Mgmt approval. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - -75% LTV lower than max allowed of 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO of 774 exceed minimum required of 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 685555 |
| 778800 | xxxxxx D B A | Closed | xxxxxx | 2022-10-10 15:09 | 2022-10-17 18:05 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - Rec'd verification not a match for Sam.gov - Due Diligence Vendor-xxxxxx<br> Open-Fraud Report Shows Uncleared Alerts - Sam.gov possible match for borrower xxxxxx xxxxxx. Need evidence name is not a match. - Due Diligence Vendor-xxxxxx |  | Resolved-All Fraud Report Alerts have been cleared or None Exist - Rec'd verification not a match for Sam.gov - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - -75% LTV lower than max allowed of 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO of 774 exceed minimum required of 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 685557 |
| 778800 | xxxxxx D B A | Closed | xxxxxx | 2022-10-10 15:05 | 2022-10-11 15:36 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - -75% LTV lower than max allowed of 80%.<br>Qualifying FICO score is at least 20 points above minimum for program - - FICO of 774 exceed minimum required of 660. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685554 |
| 778801 | xxxxxx B A | Closed | xxxxxx | 2022-10-10 17:46 | 2022-10-11 14:08 | Waived | 2 - Non-Material B | Credit | Assets | Asset 1 Less Than 2 Months Verified | Waived-Asset 1 Less Than 2 Months Verified - xxxxxx xxxxxx/xxxxxx/xxxxxx only one month statement provided. Guideline requires two months.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 1 Less Than 2 Months Verified - xxxxxx #xxxxxx/xxxxxx/xxxxxx only one month statement provided. Guideline requires two months.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 817 exceeds required minimum of 760.<br>LTV is less than guideline maximum - -75% LTV lower than 80% allowed.<br>Qualifying DTI below maximum allowed - - DTI 24% below max allowed 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 686002 |
| 778801 | xxxxxx B A | Closed | xxxxxx | 2022-10-10 17:35 | 2022-10-11 14:01 | Waived | 2 - Non-Material B | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-All Interested Parties Not Checked with Exclusionary Lists - All 3rd parties were not checked with Exclusionary/OFAC Lists, However, Considered non-material due to Borrower name, LO and company are present.<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 817 exceeds required minimum of 760.<br>LTV is less than guideline maximum - -75% LTV lower than 80% allowed.<br>Qualifying DTI below maximum allowed - - DTI 24% below max allowed 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 685977 |
| 778801 | xxxxxx B A | Closed | xxxxxx | 2022-10-03 12:11 | 2022-10-03 15:26 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 817 exceeds required minimum of 760.<br>LTV is less than guideline maximum - -75% LTV lower than 80% allowed.<br>Qualifying DTI below maximum allowed - - DTI 24% below max allowed 49.99%. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 674375 |
| 778834 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 20:14 | 2022-11-29 19:34 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Signed Loan Agreement or Term Sheet | Resolved-The Loan Agreement/Term Sheet Doc is Present or Not Applicable. - Document is not required per guidelines - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. If these are not the documents you are requesting please provide further detail. - Seller-xxxxxx<br> Open-The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet Doc is 'Missing'. The Subject Loan is a Business Purpose Loan but the Loan Agreement/Term Sheet or limited liability certificate Doc is 'Missing'.- - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. If these are not the documents you are requesting please provide further detail. - Seller-xxxxxx | Resolved-The Loan Agreement/Term Sheet Doc is Present or Not Applicable. - Document is not required per guidelines - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 728 is 68 points higher than required 660 |  | xxxxxx.pdf<br> xxxxxx purpose xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 669445 |
| 778834 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 14:47 | 2022-10-03 20:34 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved--Correction Instrument provided for correcting mortgage. - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Seller-xxxxxx<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Borrower name per signature page on note and DOT does not match borrower name on page 1 of mortgage, manually amended. Per LLC Docs, Note and signature of DOT should be xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved--Correction Instrument provided for correcting mortgage. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 728 is 68 points higher than required 660 |  | xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 668521 |
| 778834 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 23:11 | 2022-09-30 12:10 | Resolved | 1 - Information C A | Property | Data | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved--Received CDA - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Seller-xxxxxx<br> Open-Desk review must be provided to support the appraisal - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved--Received CDA - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 728 is 68 points higher than required 660 |  | xxxxxxREVIEW(7).pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 669754 |
| 778834 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 21:06 | 2022-09-28 23:14 | Waived | 2 - Non-Material B | Credit | Assets | Asset 3 Less Than 2 Months Verified | Waived-Asset 3 Less Than 2 Months Verified considered non material. 728 Fico . Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Asset 3 Less Than 2 Months Verified considered non material. 728 Fico . Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 728 is 68 points higher than required 660 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | Investor Post-Close | No | 669611 |
| 778834 | xxxxxx D B A C | Closed | xxxxxx | 2022-09-28 20:48 | 2022-09-28 20:48 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 04-13-2022 is prior to Note Date of xxxxxx Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 04-13-2022 is prior to Note Date of xxxxxx Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 728 is 68 points higher than required 660 |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | Investor Post-Close | No | 669561 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 17:32 | 2022-11-08 16:26 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 24.32 month(s) are greater than or equal to Guideline Required Reserves of 12 month(s) - Received supporting documentation - Due Diligence Vendor-xxxxxx<br> Counter--Received updated statement for Acct xxxxxx however, this statement shows a large deposit of $180,000, transfer from xxxxxx with no supporting documentation. Provide documentation to show this account belongs to borrower - Due Diligence Vendor-xxxxxx<br> Counter--Client response: loan amount >1,000,000, R/T Refinance, LTV 90 and our LTV is 60 %, as per our Guidelines for LTV< 85%, requires 6 months PITI.<br> -(AUDIT RESPONSE) 12 months reserves is required for Escrow Waiver. Finding remains - Due Diligence Vendor-xxxxxx<br> Open-Audited Reserves of 8.19 month(s) are less than Guideline Required Reserves of 12 month(s) -12 months reserves required to waive escrow. - Due Diligence Vendor-xxxxxx |  | Resolved-Audited Reserves of 24.32 month(s) are greater than or equal to Guideline Required Reserves of 12 month(s) - Received supporting documentation - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 703271 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 10:33 | 2022-11-01 14:07 | Resolved | 1 - Information D A | Compliance | Missing Doc | ARM Disclosure is Missing | Resolved--Received initial ARM disclosure - Due Diligence Vendor-xxxxxx<br> Resolved-ARM Disclosure is Present or Not Applicable - Due Diligence Vendor-xxxxxx<br> Counter--Rec'd multiple copies of borrower initialed CHARM booklet and DocMagic that does not reflect ARM disclosure as a provided doc; still missing copy of ARM disclosure and proof of delivery to borrower. - Due Diligence Vendor-xxxxxx <br> Counter--Received 100 pages of documents which does not include the ARM disclosure or evidence ARM disclosure provided to borrower(s) - Due Diligence Vendor-xxxxxx<br> Open-ARM Disclosure is Missing - Statute of Limitations - one year - Due Diligence Vendor-xxxxxx |  | Resolved--Received initial ARM disclosure - Due Diligence Vendor-xxxxxx <br> Resolved-ARM Disclosure is Present or Not Applicable - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702223 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 10:33 | 2022-11-01 14:06 | Resolved | 1 - Information D A | Compliance | Missing Doc | CHARM Booklet is Missing | Resolved-CHARM Booklet is Present or Not Applicable - Due Diligence Vendor-xxxxxx<br> Resolved--Rec'd copy of CHARM Booklet initialed and dated by Borrower on 09/19. - Due Diligence Vendor-xxxxxx<br> Counter--Received 100 pages of documents which does not include the Charm booklet or evidence Charm booklet provided to borrower(s) - Due Diligence Vendor-xxxxxx<br> Open-CHARM Booklet is Missing - Statute of Limitations - one year - Due Diligence Vendor-xxxxxx |  | Resolved-CHARM Booklet is Present or Not Applicable - Due Diligence Vendor-xxxxxx <br> Resolved--Rec'd copy of CHARM Booklet initialed and dated by Borrower on 09/19. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702224 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 10:33 | 2022-11-01 14:06 | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Client provided HOC with complete list of 10 counseling agencies dated xxxxxx - Due Diligence Vendor-xxxxxx<br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-xxxxxx<br> Open-Homeownership Counseling Disclosure Is Missing - Statute of Limitations - one year.<br> - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided HOC with complete list of 10 counseling agencies dated 9/19/2022 - Due Diligence Vendor-xxxxxx <br> Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702225 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 16:41 | 2022-10-31 14:56 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved--Received LOE for specified accounts and a credit refresh to support no new accounts opened - Due Diligence Vendor-xxxxxx<br> Counter--Client response: Please see attached.<br> -(AUDIT RESPONSE) There is no documentation attached to review. Finding remains - Due Diligence Vendor-xxxxxx<br> Counter--Received LOE however it does not address the 2 accounts specifically stated in the original Finding. Missing LOX for inquiries by xxxxxx xxxxxx xxxxxx and xxxxxx xxxxxx xxxxxx xxxxxx on 09/12/2022 - Due Diligence Vendor-xxxxxx<br> Counter--Received copy of the 09/27/2022 gap report reviewed with file. Missing LOX for inquiries by xxxxxx xxxxxx xxxxxx and xxxxxx xxxxxx xxxxxx xxxxxx on 09/12/2022. There was not a Gap credit report pulled within 10 days of closing in order to verify. - Due Diligence Vendor-xxxxxx<br> Open-Missing LOX for inquiries by xxxxxx xxxxxx xxxxxx and xxxxxx xxxxxx xxxxxx xxxxxx on 09/12/2022. There was not a Gap credit report pulled within 10 days of closing in order to verify. - Due Diligence Vendor-xxxxxx |  | Resolved--Received LOE for specified accounts and a credit refresh to support no new accounts opened - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 703130 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 16:01 | 2022-10-27 20:13 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved--Received Final Title Policy which shows vesting Borrower as individual - Due Diligence Vendor-xxxxxx<br> Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx<br> Counter--Missing executed Operating Agreement, and missing Certificate of Good standing issues by the Secretary of State - Due Diligence Vendor-xxxxxx<br> Counter--Received evidence of EIN #, unexecuted Operating Agreement reviewed with origination file, Articles of incorporation and fictitious name statement. Also received title updates for Item #7, eliminating Item #10 and correcting property address. Deed of Trust vested in borrower but title commitment shows vesting in name of xxxxxx xxxxxx & xxxxxx. - Operating agreement provided for xxxxxx xxxxxx & xxxxxx is unexecuted. Required by #9 on preliminary title. - Missing certificate of good standing issued by Secretary of State as required per #9 on preliminary title. - Due Diligence Vendor-xxxxxx<br> Open-Property Title Issue - Deed of Trust vested in borrower but title commitment shows vesting in name of xxxxxx xxxxxx & xxxxxx.<br> - Operating agreement provided for xxxxxx xxxxxx & xxxxxx is unexecuted. Required by #9 on preliminary title.<br> - Missing certificate of good standing issued by Secretary of State as required per #9 on preliminary title. - Due Diligence Vendor-xxxxxx |  | Resolved--Received Final Title Policy which shows vesting Borrower as individual - Due Diligence Vendor-xxxxxx<br> Resolved-Property Title Issue Resolved - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702948 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-24 16:46 | 2022-10-25 17:42 | Resolved | 1 - Information A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Client provided COC dated xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-NEW<br> Discount points increased from $8,325.00 on the initial CD: xxxxxx to $14,170.50 on the final CD: xxxxxx. Please provide a valid change of circumstance for the $5,845.50 increase or evidence of refund in the amount $5,845.50 no later than 60 calendar days after consummation date of xxxxxx.<br> Statute of Limitations - Three years<br>- Due Diligence Vendor-xxxxxx<br> Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $5,845.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided COC dated xxxxxx. - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 705181 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 10:59 | 2022-10-24 16:51 | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing Service Provider List | Resolved-Client provided LE and SPL dated xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-Missing Service Provider List, tolerance fees are unable to be tested due to the missing document. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided LE and SPL dated xxxxxx - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. | - Statute of Limitations - three years. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702240 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 11:05 | 2022-10-24 16:51 | Resolved | 1 - Information D A | Compliance | Missing Doc | TRID: Missing Loan Estimate | Resolved-Client provided LE and SPL dated xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-- Statute of Limitations - one year. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided LE and SPL dated xxxxxx - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702242 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 12:39 | 2022-10-24 16:47 | Resolved | 1 - Information C A | Compliance | TRID | TRID Disclosure Delivery and Receipt Date Validation Test | Resolved-Client provided LE xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date. Missing initial LE within 3 days of application date of xxxxxx for CD comparison. - Due Diligence Vendor-xxxxxx |  | Resolved-Client provided LE xxxxxx - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702309 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 10:28 | 2022-10-24 16:01 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Missing | Resolved--Received final signed 1003. - Due Diligence Vendor-xxxxxx<br> Resolved-The Final 1003 is Present - Due Diligence Vendor-xxxxxx<br> Open-The Final 1003 is Missing - Missing final signed 1003. Statute of Limitations - one year. - Due Diligence Vendor-xxxxxx |  | Resolved--Received final signed 1003. - Due Diligence Vendor-xxxxxx<br> Resolved-The Final 1003 is Present - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | N/A | N/A | 702220 |
| 779475 | xxxxxx D B A | Closed | xxxxxx | 2022-10-21 17:10 | 2022-10-21 21:47 | Waived | 2 - Non-Material B | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Waived-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap credit report dated 09/27/2022. Deemed non material due to 23% DTI and 723 fico - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Gap credit report dated 09/27/2022. Deemed non material due to 23% DTI and 723 fico - Due Diligence Vendor-xxxxxx | LTV is less than guideline maximum - 60% LTV is less than 80% maximum.<br>Qualifying DTI below maximum allowed - 26.41% DTI is less than 50% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | No Cash Out - Lender Initiated | Investor Post-Close | No | 703225 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 13:14 | 2022-10-31 15:31 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Received required documentation - Due Diligence Vendor-xxxxxx<br> Open-Third Party Fraud Report Partially Provided - Real Estate Agents not included on the Fraud report. However, Borrower and Seller are present. <br> - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Received required documentation - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 695494 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 13:12 | 2022-10-17 18:40 | Waived | 2 - Non-Material B | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Waived-The Tradelines for the borrower(s) do not meet the guideline requirements. - Missing minimum of 3 open/closed trade lines with a minimum of 12 months history. Borrower only has two trade lines with a minimum of 12 months history. Considered non material as borrower has 3 fico scores 742 and higher and 2 tradelines with 11 months reporting. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-The Tradelines for the borrower(s) do not meet the guideline requirements. - Missing minimum of 3 open/closed trade lines with a minimum of 12 months history. Borrower only has two trade lines with a minimum of 12 months history. Considered non material as borrower has 3 fico scores 742 and higher and 2 tradelines with 11 months reporting. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 695492 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 13:12 | 2022-10-17 18:38 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report. DTI 38%. 5 additional months of reserves. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Missing - Missing soft pull credit report. DTI 38%. 5 additional months of reserves. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 695493 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 16:42 | 2022-10-17 18:37 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 09-09-2022 is after the Note Date of xxxxxx - Disbursement dated xxxxxx. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 09-09-2022 is after the Note Date of xxxxxx - Disbursement dated xxxxxx. Considered non material. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 696002 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 17:09 | 2022-10-17 18:36 | Waived | 2 - Non-Material B | Property | Property Issue | FEMA declared disaster after the Note Date and Appraisal date | Waived--xxxxxx xxxxxx in xxxxxx county on xxxxxx. Appraised date 8/20/22 and note date xxxxxx. Public assistance. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived--FEMA disaster declared in xxxxxx county on xxxxxx. Appraised date 8/20/22 and note date xxxxxx Public assistance. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 696060 |
| 779610 | xxxxxx D B A | Closed | xxxxxx | 2022-10-17 16:48 | 2022-10-17 18:24 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE dated 9/2/22, closing date xxxxxx. Guide requires VVOE dated within 10 days prior to closing. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 3rd Party VOE Prior to Close Missing - VVOE dated 9/2/22, closing date xxxxxx. Guide requires VVOE dated within 10 days prior to closing. Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - - FICO 766 exceeds required 680.<br>LTV is less than guideline maximum - - LTV 70% less than max allowed of 80%.<br>Months Reserves exceed minimum required - -9.44 months reserves exceeds required 4 months. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 696016 |
| 779613 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 16:44 | 2022-11-03 12:48 | Resolved | 1 - Information A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved--Received complete Fraud report - Due Diligence Vendor-xxxxxx <br> Rescinded-All Fraud Report Alerts have been cleared or None Exist Fraud cert in file. - Due Diligence Vendor-xxxxxx |  | Resolved--Received complete Fraud report - Due Diligence Vendor-xxxxxx<br> Rescinded-All Fraud Report Alerts have been cleared or None Exist Fraud cert in file. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 42.39% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 782 FICO exceeds 660 minimum required.<br>LTV is less than guideline maximum - 75% LTV is less than 80% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 691996 |
| 779613 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 16:44 | 2022-11-03 12:48 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-xxxxxx <br> Counter--Received updated Fraud report however, Lender, xxxxxx xxxxxx , not included on the Fraud report. - Due Diligence Vendor-xxxxxx <br> Open-Third Party Fraud Report Partially Provided - Lender and underwriting not included on the Fraud report. - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 42.39% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 782 FICO exceeds 660 minimum required.<br>LTV is less than guideline maximum - 75% LTV is less than 80% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 691997 |
| 779613 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 17:31 | 2022-10-24 15:06 | Resolved | 1 - Information D A | Property | Missing Doc | HOA Questionnaire Document is Missing | Resolved--Received HOA questionnaire. - Due Diligence Vendor-xxxxxx <br> Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx <br> Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. - Missing HOA questionnaire. Unable to determine eligibility including if any outstanding litigation. - Due Diligence Vendor-xxxxxx |  | Resolved--Received HOA questionnaire. - Due Diligence Vendor-xxxxxx<br> Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 42.39% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 782 FICO exceeds 660 minimum required.<br>LTV is less than guideline maximum - 75% LTV is less than 80% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 692087 |
| 779613 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 16:34 | 2022-10-17 13:27 | Waived | 2 - Non-Material B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report pulled 09/04/2022 or after xxxxxx note date. - Finding is deemed non-material as disbursement date is xxxxxx . --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Borrower 1 Gap Credit Report is Partially Present. - Soft pull credit report pulled 09/04/2022 or after xxxxxxote date. - Finding is deemed non-material as disbursement date is xxxxxx. --Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 42.39% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 782 FICO exceeds 660 minimum required.<br>LTV is less than guideline maximum - 75% LTV is less than 80% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 691981 |
| 779613 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 10:33 | 2022-10-13 12:33 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Required Affiliated Business Disclosure Missing Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying DTI below maximum allowed - 42.39% DTI is less than 49.99% maximum.<br>Qualifying FICO score is at least 20 points above minimum for program - 782 FICO exceeds 660 minimum required.<br>LTV is less than guideline maximum - 75% LTV is less than 80% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 691381 |
| 779615 | xxxxxx D B A | Closed | xxxxxx | 2022-10-14 16:57 | 2022-10-24 14:51 | Resolved | 1 - Information C A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report Alerts have been cleared or None Exist - - Rec'd xxxxxx alerts summary indicating alert was reviewed and cleared; Business is not a match to Borrower business. - Due Diligence Vendor-xxxxxx <br> Open-Fraud Report Shows Uncleared Alerts - Missing evidence lender cleared for "High alert for borrower associated with a company that has an SIC code for a xxxxxx registered business." - Due Diligence Vendor-xxxxxx |  | Resolved-All Fraud Report Alerts have been cleared or None Exist - - Rec'd Loansafe alerts summary indicating alert was reviewed and cleared; Business is not a match to Borrower business. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 743 FICO exceeds 700 minimum required.<br>Qualifying DTI below maximum allowed - 33.17% DTI is less than 49.99% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 693666 |
| 779615 | xxxxxx D B A | Closed | xxxxxx | 2022-10-14 16:57 | 2022-10-24 14:50 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present-Rec'd confirmation of searches for all parties on transaction. - Due Diligence Vendor - xxxxxx <br> Open-Third Party Fraud Report Partially Provided - Lender, Real Estate Agents and Underwriting not included on the Fraud report.<br> - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present-Rec'd confirmation of searches for all parties on transaction. - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 743 FICO exceeds 700 minimum required.<br>Qualifying DTI below maximum allowed - 33.17% DTI is less than 49.99% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 693667 |
| 779615 | xxxxxx D B A | Closed | xxxxxx | 2022-10-14 18:28 | 2022-10-17 15:01 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 09-15-2022 is after the Note Date of xxxxxx Considered non-material due to final CD disbursement date xxxxxx .<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 09-15-2022 is after the Note Date of xxxxxx Considered non-material due to final CD disbursement date xxxxxx<br> Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 743 FICO exceeds 700 minimum required.<br>Qualifying DTI below maximum allowed - 33.17% DTI is less than 49.99% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 693952 |
| 779615 | xxxxxx D B A | Closed | xxxxxx | 2022-10-12 20:32 | 2022-10-13 18:06 | Waived | 2 - Non-Material B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - 743 FICO exceeds 700 minimum required.<br>Qualifying DTI below maximum allowed - 33.17% DTI is less than 49.99% maximum. |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 690937 |
| 779623 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 18:01 | 2022-10-31 16:34 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud Report is fully present - Received required documentation - Due Diligence Vendor-xxxxxx <br> Open-Third Party Fraud Report Partially Provided - Loan Officers and Real Estate Agents not included on the Fraud report - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is fully present - Received required documentation - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 747 exceeds guideline minimum of 700.<br>Qualifying DTI below maximum allowed - DTI 40.75 is less the guideline maximum of 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A | 692156 |
| 779623 | xxxxxx D B A | Closed | xxxxxx | 2022-10-13 17:41 | 2022-10-14 20:15 | Waived | 2 - Non-Material B | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Waived-Hazard Insurance Effective Date of 09-22-2022 is after the Note Date of xxxxxx - Loan disbursed on xxxxxx , therefore, considered non material . Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Hazard Insurance Effective Date of 09-22-2022 is after the Note Date of xxxxxx - Loan disbursed on xxxxxx therefore, considered non material . Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | Qualifying FICO score is at least 20 points above minimum for program - FICO score of 747 exceeds guideline minimum of 700.<br>Qualifying DTI below maximum allowed - DTI 40.75 is less the guideline maximum of 49.99% |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Investor Post-Close | No | 692111 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 15:18 | 2022-12-07 18:20 | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Partially Provided | Resolved--Complete Flood Cert for subject address provided. - Due Diligence Vendorxxxxxx <br> Counter--Rec'd duplicate copy of Flood Cert labeled as Test Address - not valid for loan purposes; Finding to remain; see comments section of Cert provided. - Due Diligence Vendor-xxxxxx <br> Open-Flood Certificate is Partially Provided - All information appears to be for the subject property address, however, Flood Cert states "\* Test Address - Determination is not valid for loan purposes" - Due Diligence Vendor-xxxxxx |  | Resolved--Complete Flood Cert for subject address provided. - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 739556 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 16:23 | 2022-11-23 17:17 | Resolved | 1 - Information D A | Credit | Missing Doc | Required forms/disclosures missing | Resolved-Rec'd EIN, Articles of Organization, Operating Agmt and Cert of Good Standing in trailing docs. - Due Diligence Vendor-xxxxxx <br> Open-Missing for xxxxxx xxxxxx xxxxxx ;<br> - Entity Articles of Organization or Partnership<br> - Certificate of Good Standing or equivalent<br> - Certificate of Authorization for the person executing all documents on behalf of the Entity.<br>- Due Diligence Vendor-xxxxxx |  | Resolved-Rec'd EIN, Articles of Organization, Operating Agmt and Cert of Good Standing in trailing docs. - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 739687 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 14:13 | 2022-11-23 17:16 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Rec'd EIN Notice for xxxxxx xxxxxx xxxxxx in trailing docs. - Due Diligence Vendor-xxxxxx <br> Open-For xxxxxx xxxxxx xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved-Rec'd EIN Notice for xxxxxx xxxxxx xxxxxx in trailing docs. - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 739443 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 15:48 | 2022-11-23 17:14 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx<br> Open-Missing Third Party Fraud Report for borrower - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 739608 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 16:57 | 2022-11-17 22:44 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved--State filing for DBA provided for xxxxxxwith registered DBA of xxxxxx - Due Diligence Vendor-xxxxxx<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. - Lender xxxxxx on DOT/MTG does not match Note lender xxxxxx - Due Diligence Vendor-xxxxxx |  | Resolved--State filing for DBA provided for xxxxxx with registered DBA of xxxxxx. - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | 739746 |
| 1000055597 | xxxxxx D B A | Closed | xxxxxx | 2022-11-17 14:59 | 2022-11-17 14:59 | Waived | 2 - Non-Material B | Credit | Eligibility | Purchase Contract Expiration Date is prior to Note Date | Waived-Purchase Contract Expiration Date of 10-11-2022 is prior to Note Date of xxxxxx Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx |  | Waived-Purchase Contract Expiration Date of 10-11-2022 is prior to Note Date ofxxxxxx Investor waiver applied to non-material finding - Due Diligence Vendor-xxxxxx | DSCR % greater than 1.20 - - DSCR % 1.26<br>Qualifying FICO score is at least 20 points above minimum for program - - Mid FICO 782 is 102 points higher than required 680. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | Investor Post-Close | No | 739514 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 18:46 | 2022-11-23 17:27 | Resolved | 1 - Information C A | Property | Data | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved--Rec'd xxxxxx CDA in trailing docs. - Due Diligence Vendor-xxxxxx<br> Open--Missing UCDP with a risk score of 2.5 or less. If greater, a CDA (desk review) is required. - Due Diligence Vendor-xxxxxx |  | Resolved--Rec'd Clear Capital CDA in trailing docs. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | 740008 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 17:11 | 2022-11-23 17:25 | Resolved | 1 - Information D A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx<br> Open-Missing Third Party Fraud Report - All borrowers must be included in the fraud analysis performed by an automated fraud and data check vendor solution - Due Diligence Vendor-xxxxxx |  | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | 739776 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 15:59 | 2022-11-23 17:23 | Resolved | 1 - Information C A | Credit | Title | Property Title Issue | Resolved-Property Title Issue Resolved - Rec'd proof that Judgments were cleared and updated title provided. - Due Diligence Vendor-xxxxxx<br> Open-Property Title Issue - 2 Title commitments Technical Corrections date 4/2/2018, 1st Schedule B, Part reflects #11 #12 (A) and (B) reflects 2 judgements. 2nd Schedule B, Part reflects #12 Judgements and other liens: as A. None found of record. Provide explanation or evidence judgements were paid and satisfied prior to closing as neither appear on Final CD - Due Diligence Vendor-xxxxxx |  | Resolved-Property Title Issue Resolved - Rec'd proof that Judgments were cleared and updated title provided. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | 739631 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 21:52 | 2022-11-21 17:12 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved--Not required on DSCR. - Due Diligence Vendor-xxxxxx<br> Open--Employment section of the loan application (i.e., xxxxxx Form 1003)<br> to be completed. - Due Diligence Vendor-xxxxxx |  | Resolved--Not required on DSCR. - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | 740365 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 17:34 | 2022-11-17 23:36 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived--Waiver applied to non-material finding - Audited LTV of 70.89% exceeds Guideline LTV of 70% - Max LTV is 70%, subject LTV is 70.89%. File contains 2 appraisal done by the same appraiser and on the same day, one for $xxxxxx and one for $xxxxxx lower of the 2 used for value and LTV. Finding is deemed non-material - Due Diligence Vendor-xxxxxx |  | Waived--Waiver applied to non-material finding - Audited LTV of 70.89% exceeds Guideline LTV of 70% - Max LTV is 70%, subject LTV is 70.89%. File contains 2 appraisal done by the same appraiser and on the same day, one for $xxxxxx and one for $xxxxxx lower of the 2 used for value and LTV. Finding is deemed non-material - Due Diligence Vendorxxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 739834 |
| 1000055627 | xxxxxx D B A C | Closed | xxxxxx | 2022-11-17 17:46 | 2022-11-17 22:45 | Resolved | 1 - Information C A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved--State filing for DBA provided for xxxxxx with registered DBA of xxxxxx. - Due Diligence Vendor-xxxxxx<br> Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. - Lender on Mortgage "xxxxxx" does not match Lender on Note "xxxxxx" - Due Diligence Vendor-xxxxxx |  | Resolved--State filing for DBA provided for xxxxxx with registered DBA of xxxxxx - Due Diligence Vendor-xxxxxx | Months Reserves exceed minimum required - - Verified 22 months reserves exceed required 2 by 20 months. |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | 739868 |

---

## Exhibit 99.17

**EXHIBIT 99.17**

**clarifii rating agency grades summary report**

---

| | | |
|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Original Loan Amount** |
| 775103 | xxxxxx | xxxxxx D A B |
| 775411 | xxxxxx | xxxxxx D B A |
| 776654 | xxxxxx | xxxxxx D A B |
| 776663 | xxxxxx | xxxxxx B A |
| 776684 | xxxxxx | xxxxxx D C A B |
| 776693 | xxxxxx | xxxxxx D A B |
| 776710 | xxxxxx | xxxxxx B D A |
| 776716 | xxxxxx | xxxxxx B A |
| 776717 | xxxxxx | xxxxxx D A B |
| 776736 | xxxxxx | xxxxxx C B A |
| 776737 | xxxxxx | xxxxxx D B |
| 776767 | xxxxxx | xxxxxx D B A |
| 776778 | xxxxxx | xxxxxx C A B |
| 776806 | xxxxxx | xxxxxx D A B |
| 776970 | xxxxxx | xxxxxx A |
| 777254 | xxxxxx | xxxxxx B A |
| 777336 | xxxxxx | xxxxxx B A |
| 777583 | xxxxxx | xxxxxx D C A |
| 777946 | xxxxxx | xxxxxx C D A B |
| 777948 | xxxxxx | xxxxxx C A B |
| 777954 | xxxxxx | xxxxxx B A |
| 777961 | xxxxxx | xxxxxx D A B |
| 777962 | xxxxxx | xxxxxx D C A B |
| 777965 | xxxxxx | xxxxxx B A |
| 777971 | xxxxxx | xxxxxx B A |
| 777975 | xxxxxx | xxxxxx D B A |
| 778002 | xxxxxx | xxxxxx B D A |
| 778474 | xxxxxx | xxxxxx D A B |
| 778503 | xxxxxx | xxxxxx D A B |
| 778716 | xxxxxx | xxxxxx B D C A |
| 778725 | xxxxxx | xxxxxx C A B |
| 778741 | xxxxxx | xxxxxx C A B |
| 778753 | xxxxxx | xxxxxx C D B A |
| 778758 | xxxxxx | xxxxxx B A |
| 778760 | xxxxxx | xxxxxx D C A B |
| 778769 | xxxxxx | xxxxxx B A |
| 778778 | xxxxxx | xxxxxx D C A B |
| 778782 | xxxxxx | xxxxxx D C A B |
| 778793 | xxxxxx | xxxxxx C B A |
| 778800 | xxxxxx | xxxxxx D A B |
| 778801 | xxxxxx | xxxxxx B A |
| 778834 | xxxxxx | xxxxxx D A C B |
| 779475 | xxxxxx | xxxxxx D A B |
| 779610 | xxxxxx | xxxxxx D A B |
| 779613 | xxxxxx | xxxxxx D B A |
| 779615 | xxxxxx | xxxxxx D B A |
| 779623 | xxxxxx | xxxxxx D A B |
| 1000055597 | xxxxxx | xxxxxx D A B |
| 1000055627 | xxxxxx | xxxxxx D A C B |

---

## Exhibit 99.18

**EXHIBIT 99.18**

**clarifii data compare report**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| 775411 | xxxxxx | xxxxxx | MIN No | deedOfTrustPage | xxxxxx | xxxxxx | Tape MIN xxxxxx does not match Deed of Trust. |
| 775411 | xxxxxx | xxxxxx | Application Date | complianceDetailPage | xxxxxx | xxxxxx | Per 1003 Borrower signature date xxxxxx. Loan officer signature date xxxxxx. |
| 775411 | xxxxxx | xxxxxx | Closing/Settlement Date | finalCdDetailPage | xxxxxx | xxxxxx | Per CD settlement date xxxxx |
| 775411 | xxxxxx | xxxxxx | Cash out Include Debt Paid at Close | finalCdDetailPage | 132837.73 | 135000.00 | Per CD cash to borrower $117837.73+ paid off judgement xxxxxx. |
| 776684 | xxxxxx | xxxxxx | Sales Price | propertyValuationPage | xxxxxx | xxxxxx | Per purchase agreement and CD Sales price $xxxxxx Appraised value $xxxxxx |
| 776710 | xxxxxx | xxxxxx | Sales Price | propertyValuationPage | xxxxxx | xxxxxx | Purchase contract addendum #2 sets purchase price at xxxxxx. Appraisal Value at $xxxxxx |
| 776717 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Subject is located in a PUD, verified with the Appraisal and Title |
| 776717 | xxxxxx | xxxxxx | Refinance Type | the1003Page | No Cash Out - Lender Initiated | Limited Cash Out - >2% of Loan Amount or $2000 | No cash out per settlement statement |
| 776767 | xxxxxx | xxxxxx | Refinance Type | the1003Page | No Cash Out - Lender Initiated | Limited Cash Out - >2% of Loan Amount or $2000 | No cash out per settlement statement |
| 776778 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | PUD Rider and HOA included. |
| 776970 | xxxxxx | xxxxxx | Verified Doc Type | employmentIncomePage | 24 Month Bank Statement | 24 Mo. Personal Bank Statements | 24 Months Business Bank Statements in file used to qualify |
| 777336 | xxxxxx | xxxxxx | First Payment Date | notePage | xxxxxx | xxxxxx | Per note. |
| 777336 | xxxxxx | xxxxxx | Margin | notePage | 6.5 | 2.000 | Per ARM Rider. |
| 777336 | xxxxxx | xxxxxx | ARM Lifetime Interest Rate Cap Maximum | notePage | 5 | 7.00 | Per ARM Rider. |
| 777336 | xxxxxx | xxxxxx | Qualifying Amortization Term | notePage | 0 | 360 | Per note. IO over 30 yrs |
| 777336 | xxxxxx | xxxxxx | Qualifying FICO | creditLiabilitiesPage | 736 | 735 | Per xxxxxx credit report in file. |
| 777583 | xxxxxx | xxxxxx | Initial Monthly P&I Or IO Payment | notePage | 7888.3 | 7218.75 | Per note in file, initial monthly payment is $7,888.30. |
| 777583 | xxxxxx | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 1.27 | 1.38 | Lender DSCR based on current rent $12500. Lease in file support rent $11500. DSCR 1.27. |
| 777946 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Tape data shows property at SFR. Actual property type is PUD per appraisal. |
| 777948 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | PUD per title. |
| 777961 | xxxxxx | xxxxxx | Sales Price | propertyValuationPage | xxxxxx | xxxxxx | Audit Data is Sales price. Tape Data is Appraised value |
| 777961 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | Single Family Attached | Townhouse | per 1004 Appraisal subject is an attached SFR. |
| 777962 | xxxxxx | xxxxxx | Margin | notePage | 4 | 4.500 | Per executed note in file, margin is 4% |
| 777962 | xxxxxx | xxxxxx | ARM Lifetime Interest Rate Minimum | notePage | 4 | 5.9990 | Per executed note in file, Lifetime Interest Rate Minimum is 4% |
| 778002 | xxxxxx | xxxxxx | ARM Lifetime Interest Rate Minimum | notePage | 4 | 6.6250 | Per executed note in file, Lifetime Interest Rate Minimum is 4% |
| 778474 | xxxxxx | xxxxxx | Qualifying FICO | creditLiabilitiesPage | 692 | 0 | Per credit report mid fico is 692. |
| 778474 | xxxxxx | xxxxxx | Verified Doc Type | employmentIncomePage | 1YR Full Doc | 12 Month Bank Statement | Per documents in file, loan was underwritten to full doc |
| 778503 | xxxxxx | xxxxxx | QM Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.94 | 32.67 | Audit value based on income of $60,899.48. |
| 778503 | xxxxxx | xxxxxx | Reviewed Total Housing Expense PITIA | diligenceFinalLookPage | 15999.6 | $15963.10 | Audit taxes taken from tax cert provided by title. |
| 778725 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Per DOT and appraisal, property is PUD. |
| 778769 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Per appraisal and Title subject is located in a PUD. |
| 778769 | xxxxxx | xxxxxx | Sales Price | propertyValuationPage | xxxxxx | xxxxxx | Audit Data verified with sale contract and 1004. Tape data is the appraised value. |
| 778793 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Subject is a PUD |
| 778800 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Per appraisal and title property is a PUD. |
| 778801 | xxxxxx | xxxxxx | Property Type | propertyValuationPage | PUD | Single Family Detached | Per title and appraisal, property is a detached PUD. |
| 778834 | xxxxxx | xxxxxx | First Payment Date | notePage | xxxxxx | xxxxxx | Per note in file first payment date is xxxxxx |
| 778834 | xxxxxx | xxxxxx | Loan Type | the1003Page | DSCR | Conventional | Per approval loan is DSCR |
| 778834 | xxxxxx | xxxxxx | MIN No | deedOfTrustPage | xxxxxx | xxxxxx | Tape Data xxxxxx does not match Audit Data |
| 778834 | xxxxxx | xxxxxx | Application Date | complianceDetailPage | xxxxxx | xxxxxx | Per initial 1003 in file application date is xxxxxx |
| 779475 | xxxxxx | xxxxxx | Property City | notePage | xxxxxx | xxxxxx | xxxxxx is City in xxxxxx Area per MTg and Note |
| 779475 | xxxxxx | xxxxxx | Margin | notePage | 6.5 | 2.000 | Audit value per note and ARM Rider. |
| 779475 | xxxxxx | xxxxxx | ARM Lifetime Interest Rate Cap Maximum | notePage | 5 | 7.00 | Per note in file, initial rate 7.625, lifetime cap maximum 12.625 for a cap rate of 5. |
| 1000055597 | xxxxxx | xxxxxx | Prepayment Penalty Calculation | notePage | 5% | 5%, 4%, 3%, 2%, 1% | Audit Data confirmed per pre payment addendum in file |
| 1000055627 | xxxxxx | xxxxxx | Qualifying LTV | diligenceFinalLookPage | 70.89 | 70.00 | Audit Data is based on lower of 2 appraisal amount $xxxxxx. Tape Data is based on higher of 2 appraisals $xxxxxx |
| 1000055627 | xxxxxx | xxxxxx | Qualifying CLTV | diligenceFinalLookPage | 70.89 | 70.00 | Audit Data is based on lower of 2 appraisal amount $xxxxxx. Tape Data is based on higher of 2 appraisals $xxxxxx |
| 1000055627 | xxxxxx | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 0.87 | 0.90 | Lease/1025 Rent $2550/$2925.36 PITI = 0.87 DSCR |

---

## Exhibit 99.19

**EXHIBIT 99.19**

**clarifii atr qm report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller 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?** |
| 775103 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | Yes | No | No | No | true | No | No | No | No | No | 39908.75 | 8.025 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 39373.6 | Yes | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| 775411 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | 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 |  |  |  |  | xxxxxx |  | Yes | Present |
| 776654 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No | FALSE | No | No | No | No | No | 9535 | 4.445 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2777.64 | N/A | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| 776663 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | FALSE | No | No | No | No | No | 9150 | 5.782 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776684 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 11096 | 5.201 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 0 | Yes | Employed |  | xxxxxx |  | No | N/A |
| 776693 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | FALSE | No | No | No | No | No | 9780.94 | 5.078 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776710 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 7175 | 6.28 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776716 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 13890 | 6.193 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776717 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 2045 | 6.421 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776736 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | FALSE | No | No | No | No | No | 12695 | 6.13 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 30150.61 | N/A | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| 776737 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No | FALSE | No | No | No | No | No | 12800 | 5.955 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 5878.8 | N/A | Employed |  | xxxxxx |  | No | N/A |
| 776767 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | No |  | No | No | FALSE | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | xxxxxx |  | Yes | Missing |
| 776778 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | Yes | Yes | No | No | FALSE | No | No | No | No | Yes | 11061.63 | 7.244 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 2988.37 | No | Employed |  | xxxxxx |  | No | N/A |
| 776806 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | No |  | No | No | FALSE | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | xxxxxx |  | Yes | Missing |
| 776970 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | true | No | No | No | No | No | 1940 | 6.419 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 28918.37 | Yes | Employed |  | xxxxxx |  | No | N/A |
| 777254 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No |  | No | No | No | No | Yes | 7035 | 9.713 | Yes | Yes | N/A | Yes | Yes | N/A | N/A | Yes | Yes | Yes | 6822.33 | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777336 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | No |  | No | No | true | Yes | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | xxxxxx |  | Yes | Present |
| 777583 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | 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 |  |  |  |  | xxxxxx |  | Yes | Present |
| 777946 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | Yes | No | No |  | No | No | No | No | Yes | 8501.99 | 6.308 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777948 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No |  | No | No | No | No | No | 14400 | 6.211 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777954 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | FALSE | No | No | No | No | No | 5670 | 6.24 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A | 0 | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777961 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No |  | No | No | No | No | No | 11190 | 6.141 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777962 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | Yes | No | No |  | No | No | No | No | No | 8340 | 6.32 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777965 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 9245 | 6.21 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777971 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | FALSE | No | No | No | No | No | 12321 | 6.234 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 777975 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 11832 | 5.818 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | Yes | 0 | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778002 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 6965 | 5.473 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778474 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | Yes | Yes | No | No |  | No | No | No | No | No | 1940 | 10.599 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3730.21 | Yes | Retired |  | xxxxxx |  | No | N/A |
| 778503 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | true | No | No | No | No | No | 44940 | 8.592 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 37183.86 | Yes | Employed |  | xxxxxx |  | No | N/A |
| 778716 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 7468.6 | 6.238 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778725 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No |  | No | No | No | No | No | 12295 | 7.059 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778741 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | Yes | No | No |  | No | No | No | No | No | 10640 | 6.964 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| 778753 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | Yes | No | No |  | No | No | No | No | No | 13800 | 7.761 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778758 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 8577.5 | 5.839 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778760 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No |  | No | No | No | No | No | 9150 | 6.798 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778769 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 1295 | 6.924 | Yes | Yes | N/A | Yes | Yes | N/A | Yes | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778778 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 7988.78 | 6.273 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778782 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 12265 | 6.051 | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778793 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No |  | No | No | No | No | No | 7050 | 8.066 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778800 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 6433.18 | 6.097 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778801 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | Yes | No | No |  | No | No | No | No | No | 6920 | 7.328 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 778834 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation |  | 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 |  |  |  |  | xxxxxx | xxxxxx | Yes | Present |
| 779475 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | No | No | No |  | No | No | No | No | No | 20965.5 | 8.46 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 60847.21 | Yes | Employed |  | xxxxxx |  | No | N/A |
| 779610 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No |  | No | No | No | No | No | 2390 | 7.838 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 779613 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 5091.88 | 5.912 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 779615 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No |  | No | No | No | No | No | 16575 | 6.038 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 779623 | xxxxxx | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No |  | No | No | No | No | No | 2390 | 8.341 | Yes | Yes | N/A | Yes | Yes | N/A | Yes | Yes | Yes | Yes |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| 1000055597 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | 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 |  |  |  |  | xxxxxx |  | Yes | Present |
| 1000055627 | xxxxxx | xxxxxx | ATR/QM: Exempt | ATR/QM: Exempt | 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 |  |  |  |  | xxxxxx | xxxxxx | Yes | Present |

---

## Exhibit 99.20

**EXHIBIT 99.20**

**clarifii valuation report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Investor Loan ID** | **Borrower Name** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Primary Appraised Value** | **Value for LTV** | **Primary Appraisal Date** | **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 Vendor** | **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** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Total Adjusted Prior Purchase Price** |
| 775103 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-24-2022 | xxxxxx | 0 | .000 | 07-25-2022 | 1004 URAR |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 08-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 775411 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 07-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 07-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 776654 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 02-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 02-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 | Not Eligible |  |  |
| 776663 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 03-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 03-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | Eligible |  |  |
| 776684 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate Risk | 04-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 |  |  |  |
| 776693 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 04-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Eligible |  |  |
| 776710 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 05-16-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |  |
| 776716 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 05-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| 776717 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 05-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 05-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.3 | xxxxxx |
| 776736 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 06-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| 776737 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 06-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | Not Eligible |  |  |
| 776767 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 04-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Red Bell Real Estate, LLC | Excellent | 04-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | Not Eligible |  |  |
| 776778 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 04-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Red Bell | Excellent | 04-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| 776806 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 04-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | Eligible |  |  |
| 776970 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 08-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 777254 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 09-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 777336 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-02-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low | 09-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 777583 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 08-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate Risk | 08-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 777946 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 04-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 777948 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 04-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 | Not Eligible |  |  |
| 777954 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 05-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| 777961 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 05-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.9 |  |
| 777962 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear capital | Low risk | 05-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 |  |
| 777965 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 05-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 777971 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate Risk | 05-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 | Eligible |  |  |
| 777975 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 06-01-222 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |  |  |
| 778002 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 07-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| 778474 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low Risk | 09-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 778503 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 09-23-2022 | xxxxxx | xxxxxx | .143 | 09-20-2022 | 1004 URAR |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate | 10-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 778716 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -.027 | ProTeck | Reasonable | 10-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.5 |  |
| 778725 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-16-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 06-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.5 | Eligible |  |  |
| 778741 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 06-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778753 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 07-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |  |
| 778758 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-08-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 07-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778760 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-08-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 07-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778769 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 07-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 | Not Eligible |  |  |
| 778778 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 07-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778782 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 07-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778793 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 08-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 08-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.3 |  |
| 778800 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate risk | 08-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 778801 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate risk | 08-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 |  |
| 778834 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 03-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate risk | 04-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 779475 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | $0.00 | xxxxxx | xxxxxx | 09-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Moderate | 09-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3 |  |
| 779610 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Low Risk | 09-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 779613 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 08-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| 779615 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 08-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.1 |  |
| 779623 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 09-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | ClearCapital | Low | 09-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | Eligible |  |  |
| 1000055597 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 09-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0 | .000 | Clear Capital | Moderate | 10-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| 1000055627 |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 09-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | .013 | Clear Capital | Low | 10-31-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.21

**EXHIBIT 99.21**

**recovco mortgage management, llc ("Recovco") executive summary**

![](tm2233586d1_ex99-21img006.jpg)

---

| |
|:---|
| **Verus 2023-01** |
| **Page 1 of **18** |

---

**EXECUTIVE NARRATIVE:**

This Executive Summary summarizes the independent third-party due diligence review (the "Review") conducted on 1 residential business purpose mortgage loan by Recovco Mortgage Management, LLC ("Recovco") on behalf of its client, VMC Asset Pooler, LLC ("Client") who obtained loans via reliance letter.

Recovco's reports, which are to be made available to the recipient by the Client, include the loan-level results of Recovco's independent, third-party due diligence review conducted for the Client.

Recovco performed certain due diligence services described below on the residential mortgage loans selected for this transaction. The review was conducted on behalf of Client, on a bulk basis during the months of August through November 2021 via file images provided by the Client for the review.

The table below identifies the origination channel for the loans represented in the subject sample's final results for 1 loan:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Origination Channel** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**Percentage of Final Sample** |
| &nbsp;&nbsp;**Retail** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Broker** | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;**Correspondent Bulk** | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;1 | &nbsp;&nbsp;100.00% |

---

**DESCRIPTION OF SERVICES:** 

Recovco was instructed to perform a credit, regulatory compliance, data validation, and valuation review (the "Review Population") in accordance with each of the S&P Global Ratings and Kroll Bond Rating Agency, LLC (collectively, the "NRSRO(s)") review standards in place as of the review date.

**LOAN SAMPLING:** 

Recovco's sample selection criteria was consistent with the criteria set forth by the NRSRO(s). Recovco does not know the size of the overall securitization population and other third-party review firms that may have been engaged. As such, Recovco cannot state the overall sample size.

Recovco reviewed 100% of the loans submitted. No sampling was required.

***The table below summarizes the review populations by category, contained in the review results from Recovco:***

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Review** | &nbsp;&nbsp;**Reviewed Total** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;Full File Review Population | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |

---

---

| |
|:---|
| **Verus 2023-01** |
| **Page 2 of **18** |

---

**DATA INTEGRITY:**

Where available, Recovco compared the data fields below on the tape provided by the Client to the data found in the actual file as captured by Recovco. This information may not have been available for all mortgage loans. This comparison included the following data fields:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Last Name | &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;1<sup>st</sup> Rate Chg Date | &nbsp;&nbsp;Balloon Flag |
| &nbsp;&nbsp;First Name | &nbsp;&nbsp;Sale Price | &nbsp;&nbsp;Prepay Months | &nbsp;&nbsp;Next Rate Chg Date |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;LTV | &nbsp;&nbsp;PP Terms | &nbsp;&nbsp;First Pmt Chg Date |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;CLTV | &nbsp;&nbsp;DTI | &nbsp;&nbsp;Next Pmt Chg Date |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Property Units | &nbsp;&nbsp;Rounding Code |
| &nbsp;&nbsp;State | &nbsp;&nbsp;Loan Amount | &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Lookback Period |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Rate Index | &nbsp;&nbsp;Initial Rate Cap |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;Amortization Term | &nbsp;&nbsp;Periodic Rate Cap |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;Neg Am Flag | &nbsp;&nbsp;Life Rate Cap |
| &nbsp;&nbsp;Orig Credit Score | &nbsp;&nbsp;Interest Only Flag | &nbsp;&nbsp;IO Term | &nbsp;&nbsp;Life Rate Floor |
| &nbsp;&nbsp;Self Employed Flag |  |  | &nbsp;&nbsp;Margin |

---

**CREDIT UNDERWRITING:**

Recovco performed post-closing independent third-party due diligence review of the loan package to determine whether such package meets the credit and property underwriting criteria in the guidelines provided by Client.

To complete these activities, Recovco completed a review utilizing the following review scope:

Recovco will review 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 Recovco and/or as directed by Client. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the mortgage loan file will also be performed.

**Credit Application**: For the Credit Application, Recovco will verify that the application was substantially filled out.

**Credit Report**: Recovco's review will include: the presence of a credit report for each borrower and that such borrower's credit profile & representative credit score adhered to guidelines. Recovco will (i) capture the total monthly consumer debt payments for use in relevant calculations, (ii) note the Real Estate Owned and fraud alerts, and (iii) gather data for the ASF tape submission including (a) the FICO (as available), (b) the longest trade line, (c) the maximum trade line, (d) the number of trade lines, and (e) the credit usage ratio.

**Asset Review**: Recovco will review the asset documentation provided in the loan files to the guideline requirements. Utilizing this documentation, Recovco will complete a review of the reserve calculation.

---

| |
|:---|
| **Verus 2023-01** |
| **Page 3 of **18** |

---

**Hazard/Flood Insurance/Taxes:** Recovco will review the insurance present on the mortgage loan. During this review, as applicable per guidelines, Recovco will (i) review the hazard insurance for the minimum required amount of coverage in the guidelines, (ii) the mortgage clause listed the lender's name and "its successors and assigns,", (iii) the premium amount on both the hazard and flood insurance matched what was used in the debt-to-income ("DTI") or DSCR calculations, (iv) review the tax certificate to compare monthly escrows used to calculate DTI or DSCR matched, (v) the flood certification was for the correct borrower, property, lender and mortgage loan number, and (vi) complete other property specific items including (a) for condominium properties, the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, the flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

**Property Management Experience**: Recovco will review the property management questionnaire or other documentation to support the experience necessary if required per guidelines.

**Business Entity Documents**: Recovco will review the Business Entity documentation provided as outlined and required per guidelines, which could include Articles of Incorporation, Articles of Organization, Operating Agreement, By-Laws, Certificate of Good Standing, Members Consent, or other documentation required by guidelines

**Rent and/or Lease**: Recovco will review the lease or other acceptable documentation to support the rental amount as outline in the guidelines.

**Guarantor**: Recovco will review the guarantor as outlined in the guidelines

**Occupancy Review:** Recovco will review 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.

**Fraud Review:** Recovco will review 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, Recovco will condition the mortgage loan for the missing fraud report product.

**Closing Document Review:** Recovco will review the closing documents are present, Borrower(s) names, Subject Property Address, Legal Description, Signed by Borrowers

**Business Purpose Affidavit**: Recovco will review for the present of affidavit confirming the property will be for commercial/investment purpose, including any cash out and they the subject property or any proceeds will not be for personal use.

---

| |
|:---|
| **Verus 2023-01** |
| **Page 4 of **18** |

---

**REGULATORY COMPLIANCE REVIEW:**

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

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

**Regulatory Compliance Analysis:** Recovco will test each Mortgage Loan to verify that it closed in compliance with the applicable federal, state and local anti-predatory lending statutes in effect at the time of origination of the Mortgage Loan and that the Mortgage Loan meets (i) the Truth in Lending Act ("<u>TILA</u>"), as amended by HOEPA, 15 U.S.C. §1601 et seq., as implemented by Regulation Z, 12 C.F.R. Part 1026; (ii) the Real Estate Settlement Procedures Act ("<u>RESPA</u>"), 12 U.S.C. §2603, as implemented by Regulation X, 12 C.F.R. Part 1024; (iii) the disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations (as applicable); and (iv) the disclosure requirements and prohibitions of the applicable state and local laws and ordinances that were enacted to combat predatory lending.

**1.**  **<u>The following section is applicable to Mortgage Loans with an application date on or after October 3, 2015</u>:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Documentation. Review of the following documents for regulatory compliance:

&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. Initial and final application (1003)

&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. Note, including all addendums

&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. Copy of note for any junior liens (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;iv. Mortgage / Deed of Trust, including all riders

&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. Initial and Re-disclosed Loan Estimates ("LE")

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

&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. Notice of Right to Cancel (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;viii. Rate Lock date information;

---

| |
|:---|
| **Verus 2023-01** |
| **Page 5 of **18** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High Cost/Higher-Priced Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review of federal, state & local high cost, higher-priced and/or anti-predatory laws and regulations, including those set forth on <u>Schedule 1</u>. 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 must be reported.

&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. Missing initial application / rate lock confirmation – If missing initial application, missing initial
application date or missing rate lock confirmation results in inability to determine application date or rate set date for purposes of
high cost / higher-priced mortgage loan testing, vendor will test based on: (1) a 6-month window prior to closing date for missing
application date; and (2) all dates between application and closing for missing rate set date. Other evidence in file (e.g., date
of initial disclosures, rate lock expiration on GFE) may be relied upon to estimate application or rate set date but will be determined
on a case by case basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. TILA/Regulation Z. Review to determine compliance with the requirements of TILA/Regulation Z including,
but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A review and comparison of LEs and CDs with a report outlining any TILA violations, including a re-calculation
of disclosed finance charge, principal and interest calculations, proper completion of the Projected Payments table, recalculation of
disclosed APR and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within
the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Loan Estimate ("LE"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Confirm the presence of the current LE in effect at the time of origination;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 LE was provided to the borrower(s) within three (3) business days of the date the lender
(or broker if applicable) received an "application" and at least 7 business days prior to consummation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify LE was provided to the borrower(s) within three (3) business days of: (a) the date
the rate was locked; and (b) the date an expired rate lock was re-locked (if applicable). Evidence of rate lock (e.g., rate lock
agreement, screen shot) is necessary to confirm rate lock date. A revised LE is not required to be disclosed if the rate has been extended
with no other changes to the previously disclosed interest-rate dependent charges or terms provided the borrower has not entered into
a new rate lock agreement with the 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;D. Verify the final LE was provided at least 4 business days prior to consummation and that no LE was provided
to the borrower after a CD 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;&nbsp;&nbsp;&nbsp;&nbsp;E. Verify all sections of the LE were accurately completed and that information was reflected in the appropriate
location;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Determine whether a valid and properly documented reason (changed circumstance affecting settlement charges,
changed circumstance affecting eligibility, revision requested by the consumer, interest rate has been locked, LE has expired, delayed
settlement date on construction loan) accompanies a revised LE containing any increase in fee(s) (subject to the good faith provisions
in 12 CFR § 1026(e)(3)), and verify if an LE was provided within 3 business days of the lender's (or broker's) receipt
of information sufficient to establish that a reason for a revision applies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Any increase in (1) a fee that is subject to zero tolerance or (2) fees that cause the aggregate
amount of charges as defined in 12 CFR § 1026.19(e)(3)(ii) to increase by more than 10% that are disclosed on a LE but not accompanied
by one of the six specified reasons should be disregarded for purposes of tolerance testing, including any reset of

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tolerances. For that fee, the amount on the previously properly-disclosed LE should be used for testing of the zero and 10% tolerance categories. All other fees that have changed and are disclosed in compliance with TILA should be included in the tolerance testing, including changes to interest-rate related charges that change while the interest rate is floating and/or change upon re-disclosure within three (3) business days of rate lock or re-lock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Increases in fees as defined in 12 CFR § 1026(e)(3)(iii) are permissible provided there is no
evidence that the lender (or broker, if applicable) did not disclose the increase based on the best information reasonably available at
the time (e.g. failure to disclose a homeowner's insurance premium when homeowner's insurance is required; prepaid interest
amounts that are not consistent with the date the loan will close or with changes to loan 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Documentation that simply restates the change (e.g., fee increased) with no further explanation is not
sufficient.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. A difference between the disclosed Total Interest Percentage (TIP) and the calculated TIP (either under-
or over-disclosed) should be conditioned. If the difference in calculation is due to the rounding of the loan payment to whole cents as
permitted by 12 CFR § 1026.17(c)(3), this should be noted in the condition.

&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. Closing Disclosure ("CD"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Confirm the current applicable CD 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;&nbsp;&nbsp;&nbsp;&nbsp;B. Verify all sections of the CD were accurately completed and that information was reflected in the appropriate
location;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Verify that the borrower, or each consumer with the right to rescind the transaction (if applicable),
was provided with a copy of the CD within 3 business days of 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;D. If the initial CD has been provided in lieu of a revised LE because there were fewer than four business
days between the time the revised LE was required to be delivered and consummation, the CD may be used to reset fee tolerances provided
the loan did in fact close within that timeframe and valid changed circumstances are documented to support fee increases as discussed
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;&nbsp;&nbsp;&nbsp;&nbsp;1. Any increase in (1) a fee that is subject to zero tolerance or (2) fees that cause the aggregate
amount of charges as defined in 12 CFR § 1026.19(e)(3)(ii) to increase by more than 10% is limited to one of the six reasons
specified in the rule (changed circumstance affecting settlement charges, changed circumstance affecting eligibility, revision requested
by the consumer, interest rate has been locked, LE has expired, delayed settlement date on construction 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Any of these increased fees that are disclosed on the CD but not accompanied by one of the six specified
reasons should be disregarded for purposes of tolerance testing, including any reset of tolerances. For that fee, the amount on
the previously properly-disclosed LE should be used for testing of the zero and 10% tolerance categories. All other fees that have changed
and are disclosed in compliance with TILA should be included in the tolerance testing, including changes to interest-rate related charges
that change while the interest rate is floating and/or change upon re-disclosure within three (3) business days of rate lock or re-lock).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Documentation that simply restates the change (e.g. fee increased, etc.) with no further explanation
is not sufficient.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Increases in fees as defined in 12 CFR § 1026.(e)(3)(iii) that are disclosed on the initial
CD or any re-disclosed CD are permissible provided there is no evidence that the lender did not disclose the increase based on the best
information reasonably available at the time (e.g. failure to disclose a homeowner's insurance premium when homeowner's insurance
is required; prepaid interest amounts that are not consistent with the date the loan will close or with changes to loan terms).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 fees that are paid at closing by someone other than the borrower (e.g.. seller or other third party)
should be treated as borrower-paid for purposes of the tolerance calculations in 12 CFR § 1026.19(e)(3)(i) – (iii). For
example, if a $500 appraisal fee (for which the borrower could not shop) that was disclosed on the LE as paid in full or in part by the
seller increases to $750 on the CD, the $250 increase must be considered, and a tolerance refund of $250 will be due to the borrower unless
the increase had been re-disclosed subject to a valid changed circumstance. Fees paid by the lender should be reviewed for compliance
with 12 CFR § 1026.19(e)(3)(i) (i.e. an increased lender credit to cover an increased fee does not constitute a zero tolerance
violation, but a decreased lender credit that was not re-disclosed subject to a valid changed circumstance is a violation and will require
a refund).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. A difference between the disclosed Total Interest Percentage (TIP) and the calculated TIP (either under-
or over-disclosed) should be conditioned. If the difference in calculation is due to the rounding of the loan payment to whole cents as
permitted by 12 CFR § 1026.17(c)(3), this should be noted in the condition.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. For loans originated prior to October 10, 2017, any difference between the disclosed Total of Payments
(TOP) and the calculated TOP (either under- or over-disclosed) should be conditioned. Effective for loans originated on/after October 10,
2017, the applicable tolerances in 12 CFR § 1026.23(g)(1)(ii) and § 1026.23(h)(2)(ii) (i.e., $35 tolerance for under-disclosure
of TOP for loans subject to rescission) apply. Recovco will note if a tolerance has been exceeded and, if so, the amount necessary to
cure the tolerance violation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 to confirm if any changes occurred before consummation that required a new 3-business day waiting
period and, if so, if revised disclosures were provided and the required waiting period was met;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. If the APR decreases by greater than 1/8 of one percentage point, (or 1/4 of one percentage point for
an irregular transaction), confirm the disclosed APR resulted from the disclosed finance charge (i.e., the finance charge also decreased).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Review any CDs provided to the borrower post-consummation to confirm revised disclosures and refunds were
provided as required and within the required timeframes.

&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. Written Estimate of Terms or Costs – confirm that any term/cost estimate provided to the borrower
meets the content requirements of TILA and is not provided after the borrower has been, or is required to be, provided the LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. A Written Estimate of Terms or Costs may be provided within the 3-business day period after the lender's
receipt of a loan application as long as the Written Estimate is provided before the borrower receives the LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. Written List of Settlement Service Providers:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. If the borrower was permitted to shop for any settlement services as evidenced by the LE, confirm the
Written List of Settlement Service Providers is in the Mortgage Loan File and meets the content requirements of TILA, including providing
the name of at least one provider for each service for which the borrower was permitted to shop; 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;1. If the borrower was permitted to shop for a settlement service as evidenced on the LE and the List of
Settlement Service Providers was not provided or did not list a provider for that service, the cost of the service must be included in
the ten percent tolerance category unless the settlement service provider was the creditor or an affiliate of the creditor, in which case
the cost of the service is considered an increase subject to the zero tolerance category. Recovco will note if the tolerance has been
exceeded and, if so, the amount necessary to cure the tolerance violation. Recovco will also note a

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violation for failing to provide at least one settlement service provider for a service for which the borrower was entitled to shop.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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 the List of Settlement Service Providers was provided to the borrower(s) at the time of the
LE disclosing the applicable service(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;vi. Special Information Booklet ("Your Home Loan Toolkit"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Confirm the presence of the Special Information Booklet ("Your Home Loan Toolkit") in the
Mortgage Loan File or that the Mortgage Loan File contains sufficient evidence that the disclosure was provided to the borrower (*e.g.,* cover letter reflecting the Booklet as an enclosure) on purchase and construction (construction to permanent loans) Mortgage Loans; 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;B. Confirm the Special Information Booklet ("Your Home Loan Toolkit") was provided within three
(3) business days of the date the lender (or broker if applicable) received an "application."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. 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;&nbsp;&nbsp;&nbsp;&nbsp;A. 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. Recovco will note in the condition whether or not there was a new advance that is subject
to rescission per TILA/Regulation Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. Where the loan file contains evidence of a loan modification (other than a modification pursuant to
 the Home Affordable Modification Program (HAMP), review file to determine if the loan was a true modification that would not require
 new TILA disclosures. If not a true modification, must be treated as a refinancing for purposes of new TILA disclosures.
 Review notes / mortgages / mod agreements & determine if existing note / mortgage have been satisfied and replaced. If so,
 qualifies as refinancing unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. Reduction in APR with corresponding change in payment schedule (shortening of maturity, reduction in payment
amount or number of payments). However, if maturity is lengthened or if payment amount or # of payments is increased beyond that
remaining on existing transaction, new disclosures are required; OR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Change in payment schedule or collateral requirements as a result of default/ delinquency. However, if
rate is increased or additional credit is advanced beyond amounts already accrued plus insurance premiums, or a fixed rate loan is being
modified into an adjustable rate loan, new disclosures required.

&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. A review to ensure the Mortgage Loan meets the applicable Ability-to-Repay ("ATR") requirements
as set forth in regulations promulgated by the Consumer Financial Protection Bureau as found at 12 CFR § 1026.43. For purposes of
such review, where loans were originated by a broker, consider the loan application date to be the date the loan file was received by
the original creditor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. RESPA/Regulation X: Review 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 Counseling Organizations).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Equal Credit Opportunity Act/Regulation B: Confirm 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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Fair Credit Reporting Act/Regulation V: Confirm compliance with the current FCRA/Regulation V requirements
regarding risk-based pricing notice, credit score disclosure and Notice to Home Loan Applicant, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Mandatory Arbitration – Recovco will report mandatory arbitration provisions present in the loan
file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Single Premium Credit Insurance – Recovco will report 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;i. Recovco will test for state prepayment and late charge restrictions. If a prepayment penalty that exceeds
the state permitted penalty has expired, this must be reported.

**2.**  **<u>The following section is applicable to Mortgage Loans with an application date prior to October 3, 2015</u>:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Documentation. Review of the following documents for regulatory compliance:

&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. Initial and final application (1003)

&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. Note, including all addendums

&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. Copy of note for any junior liens (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;iv. Mortgage / Deed of Trust, including all riders

&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. Final HUD-1 Settlement Statement ("HUD-1"). If the final HUD-1 is missing, Recovco will review
for compliance using the estimated HUD-1 if available in the file. Recovco will report if the final HUD-1 is missing and note in the condition
that (a) testing was performed using an estimated HUD-1 or (b) there was no estimated or final HUD-1 in the file available for
testing.

&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. Initial, Final and Re-disclosed Truth in Lending Disclosures ("TIL")

&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. Notice of Right to Cancel (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;viii. Initial and Re-disclosed Good Faith Estimates ("GFE")

&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. Rate Lock date information;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. High Cost/Higher-Priced Loans

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Review of federal, state & local high cost, higher-priced and/or anti-predatory laws and regulations,
including those set forth on <u>Schedule 1</u>. 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 must be reported.

&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. Missing initial application / rate lock confirmation – If missing initial application, missing initial
application date or missing rate lock confirmation results in inability to determine application date or rate set date for purposes of
high cost / higher-priced mortgage loan testing, vendor will test based on: (1) a 6-month window prior to closing date for missing
application date; and (2) all dates between application and closing for missing rate set date. Other evidence in file (e.g., date
of initial disclosures, rate lock expiration on GFE) may be relied upon to estimate application or rate set date but will be determined
on a case by case basis.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. TILA/Regulation Z. Review to determine compliance with the applicable requirements of TILA/Regulation
Z including, but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. A review and comparison of the initial and final TIL, and any re-disclosed TIL(s), with a report outlining
any TILA violations, including a re-calculation of disclosed finance charge, proper execution by all required parties, principal and interest
calculations, proper completion of the interest rate and payment summary, recalculation of disclosed APR, and a review to determine disclosure
differences were within the allowed tolerances and disclosures were provided within the required timeframes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. 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. 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. Recovco will note in the condition whether or not there was a new advance that is subject
to rescission per TILA/Regulation Z.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Where the loan file contains evidence of a loan modification (other than a modification pursuant to the
Home Affordable Modification Program (HAMP), review file to determine if the loan was a true modification that would not require new TILA
disclosures. If not a true modification, must be treated as a refinancing for purposes of new TILA disclosures. Review
notes / mortgages / mod agreements & determine if existing note / mortgage have been satisfied and replaced. If so, qualifies
as refinancing unless:

&nbsp;&nbsp;&nbsp;&nbsp;&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. Reduction in APR with corresponding change in payment schedule (shortening of maturity, reduction in payment
amount or number of payments). However, if maturity is lengthened or if payment amount or # of payments
is increased beyond that remaining on existing transaction, new disclosures are required; OR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Change in payment schedule or collateral requirements as a result of default/ delinquency. However, if
rate is increased or additional credit is advanced beyond amounts already accrued plus insurance premiums, or a fixed rate loan is being
modified into an adjustable rate loan, new disclosures required.

&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. For Mortgage Loans with an application date on or after January 10, 2014, a review to ensure the
Mortgage Loan meets the applicable Ability-to-Repay (ATR) and Qualified Mortgage (QM) qualifications as set forth in regulations promulgated
by the Consumer Financial Protection Bureau as found at 12 CFR 1026.43. For purposes of such review, where loans were originated by a
broker, consider the loan application date to be the date the loan file was received by the original creditor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. RESPA/Regulation X: Review to ensure compliance with the applicable requirements of RESPA/Regulation X
including, but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Good Faith Estimate (" <u>GFE</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;A. Confirm the presence of the current GFE form in effect at the time of origination. Verify GFE was provided
to the borrower(s) within three (3) business days of the date the lender (or broker if applicable) received an "application,"
which is to be defined by the 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;B. RESPA 2010: Determine whether a valid and properly documented change in circumstance accompanies any re-disclosed
GFE containing the following:

---

| |
|:---|
| **Verus 2023-01** |
| **Page 11 of **18** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. any change(s) to loan terms, including any increase in rate after the rate has been locked and/or
change to loan program; 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;2. Any increase in fee(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;ii. Final HUD-1: Confirm compliance with the RESPA requirements in effect as of origination of the Mortgage
Loan including, but not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&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. Current applicable HUD-1 form 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. Escrow deposit on the HUD-1 matches the initial escrow statement amount; 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. Verify all sections of the HUD-1 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. GFE and Final HUD-1 Comparison (RESPA 2010): Confirm compliance with the RESPA requirements in effect
as of origination of the Mortgage Loan including, but not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&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 changes disclosed on the latest GFE provided to the borrower to ensure that they were within the
allowed tolerances as set forth in the RESPA 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;&nbsp;&nbsp;&nbsp;&nbsp;B. Confirm Mortgage Loan terms and fees disclosed on the third page of the HUD-1 accurately reflected
how they were disclosed on the GFE and how the Mortgage Loan closed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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. A change in loan amount from the latest GFE to the HUD-1 is acceptable and should not be conditioned.
Any other changes to loan terms must be noted.

&nbsp;&nbsp;&nbsp;&nbsp;&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. Review any attempt to cure a RESPA violation to ensure that the proper reimbursement was made and/or a
new HUD-1 was provided and that it was done within the required thirty (30) day window.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Additional RESPA/Regulation X Disclosures and Requirements: Confirm compliance with RESPA/Regulation X
documentation and timing requirements in effect at origination of the Mortgage Loan for other RESPA disclosures (Servicing Disclosure
Statement; Special Information Booklet; Affiliated Business Arrangement Disclosure; Initial Escrow Disclosure Statement).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Equal Credit Opportunity Act/Regulation B: Confirm 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Fair Credit Reporting Act/Regulation V: Confirm compliance with the FCRA/Regulation V requirements regarding
risk-based pricing notice, credit score disclosure and Notice to Home Loan Applicant, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. Mandatory Arbitration – Recovco will test for mandatory arbitration provisions in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Single Premium Credit Insurance – Recovco will test for purchase loans with 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;j. Recovco will test for state prepayment and late charge restrictions. If a prepayment penalty that exceeds
the state permitted penalty has expired, this must be reported.

---

| |
|:---|
| **Verus 2023-01** |
| **Page 12 of **18** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;k. Georgia and New Jersey - Vendor will report the following 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. Mortgage loans subject to the Georgia Fair Lending Act and originated between October 1, 2002 and
March 6, 2003.

&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. Cash-out refinance mortgage loans originated between November 27, 2003 and July 5, 2004 that
meet the definition of a "covered home loan" pursuant to the New Jersey Homeownership Security Act.

Business Purpose Loan submitted pursuant to this Exhibit and designed by Client as a Business Purpose Loan will be automatically deemed and reported as "Exempt" and Recovco will not perform any ATR/QM Testing and Compliance TRID Testing.

**<u>Qualified Mortgage</u>**

With respect to QM (Safe Harbor and Higher-priced) designated loans, Recovco reviews the loan to the origination guidelines 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, Recovco 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.

For each QM designated loan that satisfied the applicable requirements enumerated above, Recovco 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.)

Loans submitted for this review were exempt for QM, as they were business purpose loans to business entities.

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

Recovco reviews the loan to determine whether, based on available information in the loan file and using the creditors underwriting guidelines as a guide for ATR, 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

---

| |
|:---|
| **Verus 2023-01** |
| **Page 13 of **18** |

---

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: Temporary Exception for loans designated as QM – agency eligible, Recovco will not review for compliance with the requirements of Appendix Q or General Ability to Repay. For Agency approved loans after 07/01/2021, the Temporary Patch expires and these loans will be reviewed based on the new General QM Rule

Recovco 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"). Recovco 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. Recovco's review is based on information contained in the loan file at the time it is provided to Recovco to review, and only reflects information as of that point in time.

Note: Client expressly acknowledges and agrees that Recovco will not make a determination as to whether the borrower has the ability to repay. Rather, Recovco will confirm whether the loan file contains documentation that the lender performed an ability to repay evaluation in accordance with the lender's defined underwriting practices. In addition, Client acknowledges the ATR/QM Rule, in setting forth its eight (8) factors, does not purport to provide comprehensive underwriting standard.

**<u>Debt Service Ratios "DSCR"</u>**

Recovco calculates the debt -service coverage ratio to ensure it meets minimum guidelines standards.

**VALUATION REVIEW:**

Recovco's review includes a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property.

Recovco's reviews elements: the appropriate GSE form, materially complete, the address matched the mortgage note, in conformity with the guideline requirements for the property type in question, completed by an appraiser that was actively licensed to perform the valuation, 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, made and signed prior to the final approval of the mortgage loan application, completed and dated within the guideline restrictions, the current use of the property is legal or legal non-conforming (grandfathered), Photos present for Subject property and comparables, the appraisal report does not include any apparent environmental problems, 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.

FIRREA Title XI – Check for the presence of the appraiser's license and review for the presence of any red flags that may pose a risk to the property or occupants

USPAP – Review the appraiser's certification is present and executed within the original appraisal.

---

| |
|:---|
| **Verus 2023-01** |
| **Page 14 of **18** |

---

**<u>Valuation Waterfall</u>**

Loan originated with a full Appraisal will review to the following:

&nbsp;&nbsp;&nbsp;&nbsp;· CU Score = < 2.5, no additional valuation required

· CU Score greater than 2.5 or not applicable then a third-party product such as an AVM, desk review or like product to support Appraisal
value within a 10% tolerance

---

| | |
|:---|:---|
| ο | If value is supported within 10% tolerance, nothing further is needed |
| ο | If value is not supported within 10% tolerance, additional valuations products may be used to support the value |

---

&nbsp;&nbsp;&nbsp;&nbsp;· Recovco did not have independent access to any of the valuation products provided by the Client or Lenders.

· Please refer to the Valuation Summary Report for additional details per loan.

**LOAN GRADING CRITERIA:**

Upon completion of the loan file review, Recovco assigned grading which considered factors based on the guidelines provided by the Client and the review criteria, product, and NRSRO requirements. The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the following:

![](tm2233586d1_ex99-21img007.jpg)

---

| |
|:---|
| **Verus 2023-01** |
| **Page 15 of **18** |

---

![](tm2233586d1_ex99-21img008.jpg)

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| |
|:---|
| **Verus 2023-01** |
| **Page 16 of **18** |

---

**FINDINGS SUMMARY:**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**REGULATORY COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**REGULATORY COMPLIANCE REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**VALUATION REVIEW RESULTS** | &nbsp;&nbsp;**VALUATION REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Count** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;B | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 |

---

---

| |
|:---|
| **Verus 2023-01** |
| **Page 17 of **18** |

---

**DATA INTEGRITY REVIEW RESULTS SUMMARY TABLE:**

Recovco provided Client with a copy of the Data Compare Report which shows the differences between the data received by the seller versus the data captured by Recovco.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Name** | &nbsp;&nbsp;**Loan<br> Count** |
| &nbsp;&nbsp;Original CLTV Ratio Percent | &nbsp;&nbsp;1 |
| &nbsp;&nbsp;Original Standard LTV (OLTV) | &nbsp;&nbsp;1 |

---

---

| |
|:---|
| **Verus 2023-01** |
| **Page 18 of **18** |

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## Exhibit 99.22

**EXHIBIT 99.22**

**recovco exception level**

**Exception Level**

**Run Date - 11/29/2022**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Recovco Loan ID** | **Loan # 1** | **Loan # 2** | **Exception Category** | **Exception Sub-Category** | **Exception Status** | **Exception Grade** | **Loan Exception ID** | **Exception** | **Exception Detail** | **Exception Information** | **Compensating Factors** | **Seller Comments** | **Reviewer Comments** | **Exception Remediation** |
| xxxxxx | xxxxxx | 761035 | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |

---

## Exhibit 99.23

**EXHIBIT 99.23**

**recovco rating agency grading**

**Rating Agency Grading**

**Run Date - 11/29/2022**

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Recovco Loan ID** | **Loan #1** | **Loan #2** | **Original Loan Amount** |
| xxxxxx | xxxxxx | 761035 | xxxxxx A |

---

## Exhibit 99.24

**EXHIBIT 99.24**

**recovco data comparison**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Data Comparison** | **Data Comparison** | **Data Comparison** | **Data Comparison** |  |  |  |  |  |  |  |
| **Run Date - 11/29/2022** | **Run Date - 11/29/2022** | **Run Date - 11/29/2022** | **Run Date - 11/29/2022** |  |  |  |  |  |  |  |
| **Recovco Loan ID** | **Loan #1** | **Loan #2** | **Field** | **Loan Value** | **Tape Value** | **Variance** | **Variance %** | **Comment** | **Tape Source** | **Tape Type** |
| xxxxxx | xxxxxx | 761035 | Original CLTV Ratio Percent | 64.999% | 65.000% | -0.001% | -0.00% | info updated per loan file review | Initial |  |
| xxxxxx | xxxxxx | 761035 | Original Standard LTV (OLTV) | 64.999% | 65.000% | -0.001% | -0.00% | info updated per loan file review | Initial |  |

---

## Exhibit 99.25

**EXHIBIT 99.25**

**recovco qm-atr qm report**

**S&P QM-ATR**

**Run Date - 11/29/2022**

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Recovco Loan ID** | **Loan #1** | **Loan #2** | **Pool** | **Borrower Last Name** | **Borrower First Name** | **Coborrower Last Name** | **Coborrower First Name** | **Property Address** | **Property City** | **State** | **Zip Code** | **TILA Status** | **QM Status** | **Application Date** | **GSE Eligible** | **Points and Fees (Reg Z)** | **Rate Lock Date** | **APR** | **Employment Indicator (Borrower)** | **Employment Indicator (Coborrower)** | **Citizenship Status (Borrower)** | **Citizenship Status (Coborrower)** | **Residual Income** |
| xxxxxx | xxxxxx | 761035 | xxxxxx | xxxxxx | Not applicable | Not applicable | Not applicable | xxxxxx | xxxxxx | xxxxxx | xxxxxx | Not Covered/Exempt | Not Covered/Exempt | xxxxxx | No | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable | Not Applicable |

---

## Exhibit 99.26

**EXHIBIT 99.26**

**recovco valuation report**

**Valuation Report**

**Run Date - 11/29/2022**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **ORIGINATION DATA** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** | **POST-ORIGINATION VALUES** |
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL 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** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL VALUES** | **APPRAISAL 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** | **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** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** | **RECONCILIATION VALUES** |
| **Recovco Loan ID** | **Loan #1** | **Loan #2** | **Pool** | **Collateral Underwriter Risk Score** | **Freddie Mac LCA Score** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Final Value Used by Lender** | **Appraised Value** | **Appraisal Form Type** | **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** | **Form Type** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Form Type** | **Company** | **Appraisal Date** | **Appraised Value** | **Appraisal Form Type** | **Appraisal Date** | **Second Appraisal Value** | **Variance Amount** | **Variance Percent** | **Appraised Value** | **Variance Amount** | **Variance Percent** | **Company** | **Confidence 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** | **Form Type** |
| xxxxxx | xxxxxx | 761035 | xxxxxx |  |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 1073 Condominiums | 09/28/2021 |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $0.00 | 0.000% | ProTeck | Reasonable | 09/28/2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $0.00 | 0.000% | Desk Review [9] | ProTeck | 10/05/2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.27

**EXHIBIT 99.27**

**selene diligence llc ("Selene") due diligence review narrative**

![](tm2233586d1_ex99-27img001.jpg)

**Selene Diligence LLC ("Selene") Due<br> Diligence Review Narrative ("Report")**

Selene's Report, which is to be made available to the recipients by the Client, includes the loan level results of Selene's independent, third-party due diligence review conducted on behalf of the Client. The scope of review for these loans is as follows:

**DESCRIPTION OF SERVICES:**

&nbsp;&nbsp;&nbsp;&nbsp;**(1) Type of assets that were reviewed.**

Selene Diligence LLC performed certain due diligence services described below on residential mortgage loans originated by numerous entities and obtained by VMC Asset Pooler, LLC ("Client"). The review was conducted between September 2021 and September 2022 via files imaged and provided for review (the "Review").

&nbsp;&nbsp;&nbsp;&nbsp;**(2) Sample size of the assets reviewed.**

This Review consisted of 100% of the loan population.

**FINAL SECURITIZATION POPULATION**

Selene was instructed to perform a review on a population totaling 17 Non-QM and 40 ATR exempt loans for a total of 57 loans the "Final Securitization Population".

*<u>Credit Reviews (57):</u>*

During the Review, Selene performed a credit review on 57 mortgage loans in the Final Securitization Population.

*<u>Compliance Review (57)</u>*

During the Review, Selene performed a compliance review on 57 mortgage loans in the Final Securitization Population.

*<u>Valuation Reviews (57):</u>*

During the Review, Selene performed a property valuation review on 57 mortgage loans in the Final Securitization Population.

*<u>Data Integrity Review (57):</u>*

During the Review, Selene performed a Data Integrity Review on 57 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 57 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;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Compliance Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Valuation Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Data Integrity Population | &nbsp;&nbsp;57 | &nbsp;&nbsp;100% |

---

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

The Review was conducted with sample size criteria that has been communicated by the Client to Selene to be consistent with the criteria for the nationally recognized statistical ratings organizations identified in Item 3 of the ABS Due Diligence-15E.s, S&P Global Ratings ("S&P") and Kroll Bond Rating Agency, LLC ("Kroll" together with S&P, the "NRSRO(s)").

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

Where available, Selene compared the data fields on the bid tape provided by the Client to the data found in the actual loan file as captured by Selene. This information may not have been available for all mortgage loans.

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

Selene assessed the underwriting guidelines and compared the documentation in the loan file against the stated guidelines for adherence.

**<u>GUIDELINES</u>**

XXXX Non-QM Investor Eligibility Guidelines, XXXX Mortgage Guidelines, and XXXX Funding Non-Agency Advantage Underwriting Guidelines (collectively 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 **16**

**<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).

**CREDIT REVIEW**

Selene's credit scope of review conducted on this transaction included the following elements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Assessed
 whether the characteristics of the mortgage loans and the borrowers conformed to the Guidelines
 cited above;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Re-calculated
 LTV, CLTV, income, liabilities and compared these against the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Analyzed
 asset statements to determine whether funds to close and reserves were within the Guidelines;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Confirmed
 that credit scores (FICO) and credit histories were within the Guidelines.

**COMPLIANCE REVIEW**

Selene's compliance scope determined whether the mortgage loans comply with the Federal Truth in Lending Act, the Federal Real Estate Settlement Procedures Act, Sections 1098 and 1100A of Dodd Frank, Sections 1411 and 1412 of the Wall Street Reform and Consumer Protection Act, and the Equal Credit Opportunity Act.

**PROPERTY VALUATION REVIEW**

Selene's Property Valuation scope of review conducted on this transaction included the following elements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Original Appraisal Assessment** 

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· **Value Supported Analysis** 

Selene applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third-party valuation product provided by the Client.

Page **3** of **16**

**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 57 mortgage loans, (ii) a Compliance Review on 57 mortgage loans (iii) a Valuation Review on 57 mortgage loans, and (iv) a Data Integrity Review on 57 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 57 mortgage loans; 48 mortgage loans had a rating grade of A, 9 mortgage loans had a rating grade of B, 0 mortgage loans had a rating grade of C, and 0 mortgage loans had a rating grade of D.

***Grades per loan (57 overall loans):***

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **INITIAL RA GRADES - OVERALL** | **INITIAL RA GRADES - OVERALL** | | **FINAL RA GRADES -<br> OVERALL** | **FINAL RA GRADES -<br> OVERALL** |
| **NRSRO<br> Grade** | **Kroll** | **S&P** | **%** | **Kroll** | **S&P** | **%** |
| A | 21 | 21 | 36.84% A | 48 | 48 | 84.21% |
| B | 0 | 0 | 0% B | 9 | 9 | 15.79% |
| C | 18 | 18 | 31.58% C | 0 | 0 | 0% |
| D | 18 | 18 | 31.58% D | 0 | 0 | 0% |

---

Page **4** of **16**

***Final Grades per loan broken out by compliance, credit and property:***

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **FINAL RA GRADES -<br> COMPLIANCE** | **FINAL RA GRADES -<br> COMPLIANCE** | **FINAL RA GRADES - CREDIT** | **FINAL RA GRADES - CREDIT** | **FINAL RA GRADES - CREDIT** |
| **NRSRO<br> Grade** | **Kroll** | **S&P** | **%** | **Kroll** | **S&P** | **%** |
| A | 57 | 57 | 100% A | 48 | 48 | 84.21% |
| B | 0 | 0 | 0% B | 9 | 9 | 15.79% |
| C | 0 | 0 | 0% C | 0 | 0 | 0% |
| D | 0 | 0 | 0% D | 0 | 0 | 0% |

---

---

| | | | |
|:---|:---|:---|:---|
| | | **FINAL RA GRADES -<br> PROPERTY** | **FINAL RA GRADES -<br> PROPERTY** |
| **NRSRO<br> Grade** | **Kroll** | **S&P** | **%** |
| A | 57 | 57 | 100% |
| B | 0 | 0 | 0% |
| C | 0 | 0 | 0% |
| D | 0 | 0 | 0% |

---

**<u>REVIEW RESULTS SUMMARY (EXCEPTION LISTING)</u>**

Review of the Final Grading Summary (redacted) provides the exceptions in detail and the migration from the initial rating agency grade to the final rating agency grade, based on mitigation/resolution from the client.

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

Please be further advised that Selene does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by Selene do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Selene. Information contained in any Selene report related to the applicable statute of limitations for certain 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

Page **5** of **16**

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
 Diligence Narrative Report

2. ASF
 Report

3. Grading
 Summary

4. Exception
 Detail

5. Tape
 Discrepancies

6. Valuations
 Report

7. Supplemental
 Data

8. Third
 Party (TPR) Attestation Form

9. Attestation
 Form 15E

10. ATR-QM Data Report

Page **6** of **16**

**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 **16**

**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 **16**

&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.

**Debt-Service Coverage Ratios "DSCR"**

Calculate the debt-service coverage ratio to ensure it meets minimum guideline standards

**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 **16**

**APPENDIX B – COMPLIANCE REVIEW SCOPE**

Selene reviewed 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> 

Page **10** of **16**

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;&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;

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

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> 

Page **11** of **16**

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;&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;

Page **12** of **16**

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.

&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 **16**

<u>General Ability to Repay</u>

Selene reviewed 50 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 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 **16**

**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.

Page **15** of **16**

&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 **16** of **16**

## Exhibit 99.28

**EXHIBIT 99.28**

**selene standard findings report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller** | **Loan ID** | **Seller Loan ID** | **Verus 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?** |
| xxxxxx | xxxxxx | N/A | 758352 | Closed | 2021-10-04 22:05 | 2021-10-05 14:08 | Resolved | 1 - Information C A | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Resolved-Client provided previous term hazard insurance. Finding resolved. - Due Diligence Vendor-xxxxxx <br> Resolved-HO-6 Insurance Policy Effective Date of 09-15-2020 is prior to or equal to the Note Date of xxxxxx Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. Previous term hazard insurance. - Seller-xxxxxx <br> Open-HO-6 Insurance Policy Effective Date of 09-15-2021 is after the Note Date of xxxxxx \*\*\*HO-6 Insurance Policy Effective Date of 09-15-2021 (xxxxxx) is after the Note Date (xxxxxx) of xxxxxx. Final Settlement statement (xxxxxx) line 901 reflects interest started xxxxxx. Provide updated HO-6 Policy with effective date of 9/13/21.\*\*\* - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Previous term hazard insurance. - Seller-xxxxxx | Resolved-Client provided previous term hazard insurance. Finding resolved. - Due Diligence Vendor-xxxxxx <br> Resolved-HO-6 Insurance Policy Effective Date of 09-15-2020 is prior to or equal to the Note Date of xxxxxx Or HO-6 Insurance Policy Effective Date Is Not Provided - Due Diligence Vendor-xxxxxx | xxxxxx - CONDITION.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 108087 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 758394 | Closed | 2021-10-15 17:34 | 2021-10-21 12:34 | Resolved | 1 - Information C A | Credit | Doc Issue | HUD-1 Closing Statement missing or unsigned | Resolved-Lender provided a Final Settlement Statement. Finding resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Missing Final Hud 1 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Lender provided a Final Settlement Statement. Finding resolved - Due Diligence Vendor-xxxxxx | xxxxxx FINAL HUD.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 116595 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 758394 | Closed | 2021-10-15 17:34 | 2021-10-21 12:31 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Gap Credit Report | Resolved-Lender provided explanation, Gap Credit not required on DSCR loans, See Page 33 of the 09/20/2021 Guidelines - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Gap Credit Report is Missing Gap report is missing. Latest report is from 8/23. Page. 77. Close date was on xxxxxx Need gap report within 10 days of the close date. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Lender provided explanation, Gap Credit not required on DSCR loans, See Page 33 of the 09/20/2021 Guidelines - Due Diligence Vendor-xxxxxx | xxxxxx REBUTTAL.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 115975 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 765068 | Closed | 2022-03-29 20:16 | 2022-03-29 21:35 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx<br>Open-Final HUD-1 Document is Missing Missing Final HUD/Settlement Statement. File contains Estimated Closing Statement only. Please provide a stamped/certified Final HUD/Settlement Statement from the Title Company with correct event dates. - Due Diligence Vendor-xxxxxx <br>Open-Final HUD-1 Document is Missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx |  | FINAL HUD-1 SIGNED (72).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 274647 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 765068 | Closed | 2022-03-29 20:37 | 2022-03-29 21:34 | Resolved | 1 - Information D A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open- - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx |  | Counseling list.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 274649 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 767650 | Closed | 2022-03-17 21:50 | 2022-03-18 16:47 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Final HUD-1 Settlement Statement received and fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Final HUD-1 Document is Missing Missing Final HUD/Settlement Statement. File contains Estimated Closing Statement only. Please provide a stamped/certified Final HUD/Settlement Statement from the Title Company with correct event dates. - Due Diligence Vendor-xxxxxx <br>Open-Final HUD-1 Document is Missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Final HUD-1 Settlement Statement received and fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx | FINAL HUD-1 SIGNED (55).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 277153 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 767650 | Closed | 2022-03-17 21:51 | 2022-03-18 12:31 | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Missing Flood Certificate - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Flood Certificate is fully present - Due Diligence Vendor-xxxxxx | FLOOD CERTIFICATION (1).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 275446 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766187 | Closed | 2022-04-11 19:39 | 2022-04-11 20:26 | Resolved | 1 - Information C A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-RESPA pre 2010 fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide Final Hud-1 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-RESPA pre 2010 fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx | ClosingStatementBuyer_xxxxxx_17-11.pdf | N/A | N/A | xxxxxx | Investment | Refinance | No Cash Out - Borrower Initiated | 360470 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-03-17 17:32 | 2022-05-12 13:40 | Waived | 2 - Non-Material B | Credit | Credit | Missing underwriting exception form | Waived-Lender exception for 5% LTV exception to 80% LTV - Due Diligence Vendor-xxxxxx <br>Waived- - Due Diligence Vendor-xxxxxx <br>Resolved-Lender exception for 5% LTV exception to 80% LTV - Due Diligence Vendor-xxxxxx |  | Waived-Lender exception for 5% LTV exception to 80% LTV - Due Diligence Vendor-xxxxxx <br>Resolved-Lender exception for 5% LTV exception to 80% LTV - Due Diligence Vendor-xxxxxx |  | Borrowers primary is a xxxxxx and borrower has experience collecting rent. Good post closing reserves. Excellent credit, 0x30, 740 credit score. | Borrowers primary is a xxxxxx and borrower has experience collecting rent. Good post closing reserves. Excellent credit, 0x30, 740 credit score. | xxxxxx | Investment | Purchase | NA | 354308 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-05-05 21:52 | 2022-05-06 12:46 | Resolved | 1 - Information C A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Client provided fraud plus document with all parties listed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Seller xxxxxx needs to be screened thru OFAC - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Client provided fraud plus document with all parties listed - Due Diligence Vendor-xxxxxx | xxxxxx Report.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 354166 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-04-29 21:39 | 2022-05-02 17:31 | Resolved | 1 - Information C A | Compliance | Missing Doc | The Note is Incomplete | Resolved-Per the Client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected - Due Diligence Vendor-xxxxxx <br>Ready for Review-This is a Sponsored account , therfore xxxxxx NMLS should be reflected - Seller-xxxxxx <br>Open-NMLS numbers for initial loan originator and initial loan organization cannot be the same as the lenders NML number. Need corrected note. - Due Diligence Vendor-xxxxxx | Ready for Review-This is a Sponsored account , therfore xxxxxx NMLS should be reflected - Seller-xxxxxx | Resolved-Per the Client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 354019 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-04-29 21:39 | 2022-05-02 17:31 | Resolved | 1 - Information C A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Per the Client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected - Due Diligence Vendor-xxxxxx<br>Ready for Review-This is a Sponsored account , therfore xxxxxx NMLS should be reflected - Seller-xxxxxx <br>Open-NMLS numbers for initial loan originator and initial loan organization cannot be the same as the lenders NML number. Need corrected deed. - Due Diligence Vendor-xxxxxx | Ready for Review-This is a Sponsored account , therfore xxxxxx NMLS should be reflected - Seller-xxxxxx | Resolved-Per the Client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 354037 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-04-29 21:41 | 2022-05-02 17:30 | Resolved | 1 - Information C A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Per the client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected The borrowers Do NOT own any other property - Due Diligence Vendor-xxxxxx <br>Ready for Review-This is a Sponsored account , therefore xxxxxx NMLS should be reflected<br> The borrowers Do NOT own any other property<br> - Seller-xxxxxx <br>Open-Need NMLS numbers corrected for initial loan originator and initial loan organization as they cannot be the same as the lenders NML number. Borrowers to complete section A of Declarations section since they do own another property. - Due Diligence Vendor xxxxxx <br>Open-Borrowers to complete section A of Declarations section since they do own another property. - Due Diligence Vendor-xxxxxx | Ready for Review-This is a Sponsored account , therefore xxxxxx NMLS should be reflected<br> The borrowers Do NOT own any other property<br> - Seller-xxxxxx | Resolved-Per the client:<br> This is a Sponsored account , therefore xxxxxx NMLS should be reflected The borrowers Do NOT own any other property - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 330552 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 766881 | Closed | 2022-04-11 19:28 | 2022-04-12 15:21 | Resolved | 1 - Information C A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide Final hud-1 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx |  | FINAL HUD-1 SIGNED (118).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 354320 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 767590 | Closed | 2022-04-19 22:10 | 2022-04-20 12:13 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Updated Hud Tab - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Final HUD-1 Document is Missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Updated Hud Tab - Due Diligence Vendor-xxxxxx | FINAL HUD-1 SIGNED (171).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 347477 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 767609 | Closed | 2022-04-19 20:07 | 2022-04-20 15:00 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Final HUD-1 Document is Missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx |  | FINAL HUD-1 SIGNED (159).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 352637 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 767609 | Closed | 2022-04-19 20:00 | 2022-04-20 12:13 | Resolved | 1 - Information C A | Credit | Credit | File does not contain all required Asset Statement(s) | Resolved-HUD-1 received for concurrent refinance of borrower property xxxxxx place showing proceeds $165,453 in addition to bank statements previously provided - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Final HUD from concurrent refinance of borrower property xxxxxx showing proceeds $165,453 in addition to bank statements previously provided - Seller-xxxxxx <br>Open-Based on documents borrower is to pay 165,453.70 at closing. Have document that states buyer agent' is waiving commission. This is going to be used toward the loan. DO not see that break down on the huds provided. On the final 1008 states funds verified is at 211,893.37. Currently showing amount of 75,994.20. Looks like agent is giving borrower funds in the amount of 23,763.94 need hud that shows this break down which gives amount of 99,758.04. Need documents that supports the amount that was verified on the final 1008. xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Final HUD from concurrent refinance of borrower property xxxxxx showing proceeds $165,453 in addition to bank statements previously provided - Seller-xxxxxx | Resolved-HUD-1 received for concurrent refinance of borrower property xxxxxx showing proceeds $165,453 in addition to bank statements previously provided - Due Diligence Vendor-xxxxxx | FINAL HUD-1 SIGNED (158).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 347987 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773772 | Closed | 2022-05-19 18:43 | 2022-07-12 23:10 | Resolved | 1 - Information C A | Credit | Doc Issue | USA Patriot Act Disclosure-Borrower Identification is Unexecuted | Resolved- Received executed Patriot Act Disclosure. - Due Diligence Vendor - xxxxxx <br> Open-The provided DL is expired and the USA Patriot Act Disclosure - Borrower identification is Unexecuted. on Page 794 - Due Diligence Vendor-xxxxxx |  | Resolved- Received executed Patriot Act Disclosure. - Due Diligence Vendor - xxxxxx  |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 464597 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:55 | 2022-09-16 15:36 | Resolved | 1 - Information C A | Credit | Closing | Security Instrument Date does not equal Note Date | Resolved-Security Instrument Date matches Note Date - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx<br>Open-Security Instrument Date does not match the Note Date Deed of trust not found in entire file , Please provide correct Deed of trust - Due Diligence Vendor-xxxxxx |  | Resolved-Security Instrument Date matches Note Date - Due Diligence Vendor-xxxxxx | DEED OF TRUST.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466576 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:55 | 2022-09-16 15:36 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Deed of Trust is Missing | Resolved-The Deed of Trust is Present Client provided Missing deed of trust. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The Deed of Trust is Missing Deed of trust not found in entire file , Please provide correct Deed of trust - Due Diligence Vendor-xxxxxx |  | Resolved-The Deed of Trust is Present Client provided Missing deed of trust. - Due Diligence Vendor-xxxxxx | DEED OF TRUST.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466578 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:07 | 2022-09-14 14:26 | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Audited FICO of 720 is greater than or equal to Guideline FICO of 620 - Due Diligence Vendor-xxxxxx <br>Rescinded-Fired due to missing credit report, rescinded. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Audited FICO of is less than Guideline FICO of 620 Credit report is missing in loan package - Due Diligence Vendor-xxxxxx |  | Resolved-Audited FICO of 720 is greater than or equal to Guideline FICO of 620 - Due Diligence Vendor-xxxxxx <br>Rescinded-Fired due to missing credit report, rescinded. - Due Diligence Vendor-xxxxxx | CREDIT REPORT.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466617 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:07 | 2022-09-14 14:26 | Resolved | 1 - Information C A | Credit | Data | 1008 Risk Assessment Selection does not match Approval and Guidelines Risk Assessment Selection | Resolved-The Risk Assessment selection on the 1008 Page matches the Risk Assessment selection on the Business Purpose - Approval & Guidelines Page or Not Applicable. - Due Diligence Vendor-xxxxxx <br>Rescinded-See Finding xxxxxx - Due Diligence Vendor-xxxxxx<br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The Risk Assessment selection on the 1008 Page is 'null' but the Risk Assessment selection on the Business Purpose - Approval & Guidelines Page is 'Manual Underwriting'. Confirm the correct Risk Assessment type and update the incorrect data as needed. 1008 Document is missing in loan package - Due Diligence Vendor-xxxxxx |  | Resolved-The Risk Assessment selection on the 1008 Page matches the Risk Assessment selection on the Business Purpose - Approval & Guidelines Page or Not Applicable. - Due Diligence Vendor-xxxxxx <br>Rescinded-See Finding xxxxxx - Due Diligence Vendor-xxxxxx | 1008 (1).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466618 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:28 | 2022-07-22 21:51 | Resolved | 1 - Information C A | Property | Missing Doc | Second Appraisal/ Valuation is Missing Required for Securitizations | Resolved-Condition Resolved or Not Applicable. - Due Diligence Vendor-xxxxxx <br>Rescinded-Duplicate finding rescinded. - Due Diligence Vendor-xxxxxx <br>Open-No Secondary Value or Additional Review Products have been selected, which are required for securitization. Appraisal missing , please provide - Due Diligence Vendor-xxxxxx |  | Resolved-Condition Resolved or Not Applicable. - Due Diligence Vendor-xxxxxx <br>Rescinded-Duplicate finding rescinded. - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466662 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:28 | 2022-07-22 21:51 | Resolved | 1 - Information C A | Property | Appraisal | Missing Core Valuation Product | Resolved-The valuation entries contain one of the core valuation types or all appraisals are waived. - Due Diligence Vendor-xxxxxx <br>Rescinded-Addressed in missing appraisal finding, rescinded. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-None of the Valuation entries contain core valuation types. Appraisal missing , please provide - Due Diligence Vendor-xxxxxx |  | Resolved-The valuation entries contain one of the core valuation types or all appraisals are waived. - Due Diligence Vendor-xxxxxx <br>Rescinded-Addressed in missing appraisal finding, rescinded. - Due Diligence Vendor-xxxxxx | APPRAISAL PACKAGE xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466661 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:28 | 2022-07-22 21:51 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Validation Resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The PDF file uploaded has mixed documents for xxxxxx and xxxxxx. Please review the loan package update and re-upload loan package for xxxxxx. - Due Diligence Vendor-xxxxxx <br>Open-No Secondary Value or Additional Review Products have been selected Appraisal missing , please provide - Due Diligence Vendor-xxxxxx |  | Resolved-Validation Resolved - Due Diligence Vendor-xxxxxx | 46411_CDA.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466660 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:57 | 2022-07-21 20:15 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing credit report | Resolved-Credit Report is Provided - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Credit Report is Missing Credit Report is missing , Please provide - Due Diligence Vendor-xxxxxx |  | Resolved-Credit Report is Provided - Due Diligence Vendor-xxxxxx | CREDIT REPORT.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466581 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:57 | 2022-07-21 20:15 | Resolved | 1 - Information C A | Credit | Missing Doc | Missing Gap Credit Report | Resolved-Gap Credit Report is Provided or Not Applicable - Due Diligence Vendor-xxxxxx <br>Rescinded-Per guidelines, gap credit report not required for DSCR's. - Due Diligence Vendor-xxxxxx <br>Rescinded-Gap Credit Report is Missing - Due Diligence Vendor-xxxxxx |  | Resolved-Gap Credit Report is Provided or Not Applicable - Due Diligence Vendor-xxxxxx <br>Rescinded-Per guidelines, gap credit report not required for DSCR's. - Due Diligence Vendor-xxxxxx <br>Rescinded-Gap Credit Report is Missing - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466582 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:29 | 2022-07-21 20:14 | Resolved | 1 - Information D A | Credit | Missing Doc | Title Document Missing | Resolved-Title Document is fully Present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Title Document is missing - Due Diligence Vendor-xxxxxx |  | Resolved-Title Document is fully Present - Due Diligence Vendor-xxxxxx | TITLE.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466665 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:29 | 2022-07-21 20:14 | Resolved | 1 - Information D A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Missing Evidence of Property Tax Title report missing , Please provide - Due Diligence Vendor-xxxxxx |  | Resolved-Evidence of Property Tax is present - Due Diligence Vendor-xxxxxx | TAX CERT - 2021.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466663 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:10 | 2022-07-07 13:27 | Resolved | 1 - Information C A | Credit | Data | Qualifying LTV % does not match 1008 Page LTV %. | Resolved-1008 uploaded reflects Qualifying LTV %. Updated Final Looks screen. Finding resolved. - Due Diligence Vendor-xxxxxx<br> Resolved-The Diligence Final Look Page Qualifying LTV matches the 1008 Page Qualifying LTV. - Due Diligence Vendor xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The Diligence Final Look Page Qualifying LTV is 0% but the 1008 Page Qualifying LTV is %. Please confirm the correct qualifying property value flag was chosen. 1008 document is missing in loan package - Due Diligence Vendor-xxxxxx |  | Resolved-1008 uploaded reflects Qualifying LTV %. Updated Final Looks screen. Finding resolved. - Due Diligence Vendor-xxxxxx<br>Resolved-The Diligence Final Look Page Qualifying LTV matches the 1008 Page Qualifying LTV. - Due Diligence Vendor-xxxxxx | 1008 (1).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466629 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:10 | 2022-07-07 13:27 | Resolved | 1 - Information C A | Credit | Data | Qualifying Property Value Flag is not selected. | Resolved-A Qualifying Property Value Flag has been selected. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-A Qualifying Property Value Flag has not been selected. Please select a Qualifying Property Value Flag. Appraisal document is missing in loan package - Due Diligence Vendor-xxxxxx |  | Resolved-A Qualifying Property Value Flag has been selected. - Due Diligence Vendor-xxxxxx<br>| APPRAISAL PACKAGE xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466628 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:28 | 2022-07-07 13:25 | Resolved | 1 - Information C A | Credit | Missing Doc | 1008 Document is Missing | Resolved- - Due Diligence Vendor-xxxxxx <br>Rescinded-See Finding xxxxxx - Due Diligence Vendor-xxxxxx <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The 1008 document is missing from the loan file. 1008 is missing Please provide for correct borrower - Due Diligence Vendor-xxxxxx |  | Resolved- - Due Diligence Vendor-xxxxxx <br>Rescinded-See Finding A-FCRE2281 - Due Diligence Vendor-xxxxxx <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-xxxxxx | 1008 (1).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466492 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:51 | 2022-07-07 13:13 | Resolved | 1 - Information D A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Flood Certificate is fully present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Missing Flood Certificate, provide Flood Document 448 page is not belongs to Loan Number and Loan Borrower - Due Diligence Vendor-xxxxxx |  | Resolved-Flood Certificate is fully present - Due Diligence Vendor-xxxxxx | FLOOD.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466556 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-06-29 00:54 | 2022-06-29 12:16 | Resolved | 1 - Information B A | Credit | Doc Issue | Transmittal (1008) is Missing | Resolved-1008 updated to loan file - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. 1008 attached - Seller-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-1008 not found in entire file . Please provide correct 1008 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. 1008 attached - Seller-xxxxxx | Resolved-1008 updated to loan file - Due Diligence Vendor-xxxxxx | 1008 (1).pdf<br>1008 (1) (1).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466486 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:59 | 2022-06-24 13:47 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Final HUD-1 Settlement Statement received and fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Final HUD-1 Document is Missing HUD 1 is missing in loan package please provide Final HUD 1 statement document - Due Diligence Vendor-xxxxxx |  | Resolved-Final HUD-1 Settlement Statement received and fees entered. Finding is resolved. - Due Diligence Vendor-xxxxxx<br>Resolved-Final HUD-1 Document is Present or Not Applicable - Due Diligence Vendor-xxxxxx<br>| Final HUD.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466592 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:00 | 2022-06-22 23:15 | Resolved | 1 - Information D A | Property | Missing Doc | Missing appraisal. | Resolved-Appraisal added to review, resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Appraisal missing , Please provide correct appraisal - Due Diligence Vendor-xxxxxx |  | Resolved-Appraisal added to review, resolved. - Due Diligence Vendor-xxxxxx | APPRAISAL PACKAGE xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466594 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 21:21 | 2022-06-22 19:17 | Resolved | 1 - Information C A | Credit | Doc Issue | Missing Title evidence | Resolved-Title provided. Updated Title screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-Title is missing please provide correct title - Due Diligence Vendor-xxxxxx |  | Resolved-Title provided. Updated Title screen. Finding resolved. - Due Diligence Vendor-xxxxxx | TITLE.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466654 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:52 | 2022-06-22 19:05 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Note is Incomplete | Resolved-The Note is Present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Buyer-xxxxxx <br>Open-The Note is Incomplete Note is incomplete please provide correct note - Due Diligence Vendor-xxxxxx |  | Resolved-The Note is Present - Due Diligence Vendor-xxxxxx | Note.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466560 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-05-20 20:37 | 2022-06-22 18:53 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Uploaded - Buyer-xxxxxx <br>Open-The Initial 1003 is Missing Initial 1003 is missing . Please provide correct initial 1003 - Due Diligence Vendor-xxxxxx |  | Resolved-The Initial 1003 is Present - Due Diligence Vendor-xxxxxx<br>| Initial 1003.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 466519 | N/A | N/A |
| xxxxxx | xxxxxx | xxxxxx | 778329 | Closed | 2022-06-03 15:13 | 2022-06-22 18:23 | Resolved | 1 - Information C A | Credit | Doc Issue | Missing asset documentation (ATR) | Resolved-Statements provided to support Assets. Updated Asset screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. - Buyer-xxxxxx <br> Open-Final 1003 page no 45 showing assets xxxxxx xxxxxx(Checking) with balance 96,627.37 , xxxxxx with balance 2,006,770.44 and xxxxxx xxxxxx (Checking) with balance 25,203.04. Given document in pdf is not belong to our borrower. Hence provide document - Due Diligence Vendor-xxxxxx |  | Resolved-Statements provided to support Assets. Updated Asset screen. Finding resolved. - Due Diligence Vendor-xxxxxx | ASSETS.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 484204 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773766 | Closed | 2022-06-09 22:41 | 2022-06-10 00:36 | Resolved | 1 - Information C A | Credit | Credit | Assets not properly documented/insufficient | Resolved-Document acceptable. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Please see the attached Final Hud 1 sell from Real Estate sold . Please clear the exception. - Seller-xxxxxx <br>Open-Assets in file do not align with assets stated on 1003. Please provide HUD from sell from Real Estate sold on or before closing as stated on 1003. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Please see the attached Final Hud 1 sell from Real Estate sold . Please clear the exception. - Seller-xxxxxx<br>| Resolved-Document acceptable. Finding resolved. - Due Diligence Vendor-xxxxxx<br>| Final Hud 1.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 482724 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773762 | Closed | 2022-06-29 15:33 | 2022-11-30 20:42 | Waived | 2 - Non-Material C B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception provided. - Due Diligence Vendor-xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 Please provide justification or exception document. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Please see attached Approved Loan Exception. Please clear this exception. xxxxxx - Seller-xxxxxx <br>Open-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 Please provide justification or exception document. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Please see attached Approved Loan Exception. Please clear this exception. xxxxxx - Seller-xxxxxx | Waived-Exception provided. - Due Diligence Vendor-xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 Please provide justification or exception document. - Due Diligence Vendor-xxxxxx | xxxxxx - Approved Loan Exception.pdf | Low LTV of 66.31% and High Reserves (127 Months) | Low LTV of 66.31% and High Reserves (127 Months) | xxxxxx | Investment | Refinance | Cash Out - Other | 523225 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 773763 | Closed | 2022-06-30 07:32 | 2022-07-08 17:02 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000. - Due Diligence Vendor-xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 - Due Diligence Vendor-xxxxxx |  | Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000. - Due Diligence Vendor-xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 - Due Diligence Vendor-xxxxxx<br>|  | LTV at 65%, high reserves (63 Months) | LTV at 65%, high reserves (63 Months) | xxxxxx | Investment | Refinance | Cash Out - Other | 524496 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 773763 | Closed | 2022-06-30 15:59 | 2022-07-06 15:07 | Waived | 2 - Non-Material C B | Credit | Eligibility | Loan Amount does not meet eligibility requirement(s) | Waived-Minimum equity is $50000 the equity for this file is $48,865.00. - Due Diligence Vendor-xxxxxx<br>Ready for Review-Document Uploaded. Please see attached Approved Loan Exception. Please clear this exception. xxxxxx - Seller-xxxxxx <br>Open-Minimum equity is $50000 the equity for this file is $48,865.00. Please provide exception or justification. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Please see attached Approved Loan Exception. Please clear this exception. xxxxxx - Seller-xxxxxx<br>| Waived-Minimum equity is $50000 the equity for this file is xxxxxx. - Due Diligence Vendor-xxxxxx<br>| xxxxxx - Approved Loan Exception.pdf | LTV at 65%, high reserves (63 Months) | LTV at 65%, high reserves (63 Months) | xxxxxx | Investment | Refinance | Cash Out - Other | 525254 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 776756 | Closed | 2022-06-28 14:56 | 2022-08-30 16:26 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Waived: Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 and LTV of 80 is above max of 75 - Due Diligence Vendor-xxxxxx<br>Waived-Comp Factors::<br> 1. FICO Score 734<br> 2. No history of lates<br> 3. DSCR 1.29 - Due Diligence Vendor-xxxxxx <br>Waived-Exception needed for Loan Amount and LTV (Min Loan amount is 100K). We dropped loan amount when the appraised value came in low and the sales price was renegotiated. <br> Also need exception for LTV Requesting to go from 75 to 80.<br> First time investor not owning primary<br> \*\*\*All UW conditions & VOR must be satisfied - AMY C\*\*\* - Due Diligence Vendor xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 - Due Diligence Vendor-xxxxxx |  | Waived-Waived: Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 and LTV of 80 is above max of 75 - Due Diligence Vendor-xxxxxx <br> Waived-Comp Factors::<br> 1. FICO Score 734<br> 2. No history of lates<br> 3. DSCR 1.29 - Due Diligence Vendor-xxxxxx<br> Waived-Exception needed for Loan Amount and LTV (Min Loan amount is 100K). We dropped loan amount when the appraised value came in low and the sales price was renegotiated. <br> Also need exception for LTV Requesting to go from 75 to 80.<br> First time investor not owning primary<br> \*\*\*All UW conditions & VOR must be satisfied xxxxxx - Due Diligence Vendor-xxxxxx <br> Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $100000 - Due Diligence Vendor-xxxxxx |  | Comp Factors:: 1. FICO Score 734 2. No history of lates 3. DSCR 1.19 | Comp Factors:: 1. FICO Score 734 2. No history of lates 3. DSCR 1.19 | xxxxxx | Investment | Purchase | NA | 520580 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 776756 | Closed | 2022-06-29 18:13 | 2022-07-08 17:12 | Resolved | 1 - Information C A | Credit | Credit | DSCR unknown | Resolved-client provided 1008 - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Calculation has been done as per rental amount, Diligence final screen is matching exactly with tape data. since, Tape data is showing DSCR ratio is 1.19 and given exception is showing 1.29. please address it. xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-client provided 1008 - Due Diligence Vendor-xxxxxx | xxxxxx DSCR.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 523630 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773920 | Closed | 2022-07-07 22:04 | 2022-07-21 15:34 | Resolved | 1 - Information D A | Credit | Missing Doc | Business Purpose Affidavit is Missing | Resolved-Business Purpose Affidavit received and updated to 1008 and BPV2 screen - Due Diligence Vendor-xxxxxx <br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide missing Business Purpose Affidavit. - Due Diligence Vendor-xxxxxx <br>Open-The 1008 Page Loan Type is 'DSCR' but the Business Purpose Affidavit Disclosure Indicator is 'N/A'. Business Purpose Affidavit is required for a DSCR loan. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Business Purpose Affidavit received and updated to 1008 and BPV2 screen - Due Diligence Vendor-xxxxxx<br>Resolved-The Business Purpose Affidavit is present or Not Applicable (1008 Page Loan Type is DSCR.) - Due Diligence Vendor-xxxxxx | xxxxxx BUSINESS PURPOSE AFFIDAVIT.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 535310 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 776757 | Closed | 2022-07-13 14:36 | 2022-07-22 23:58 | Waived | 2 - Non-Material B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception provided in the file - Due Diligence Vendor-xxxxxx<br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $150000 We have a exception for Low loan amount on page no 4, exception like " LOAN AMOUNT BELOW MINIMUM OF xxxxxx." Hence, Waived this finding. xxxxxx<br> - Due Diligence Vendor-xxxxxx |  | Waived-Exception provided in the file - Due Diligence Vendor-xxxxxx <br>Waived-Audited Loan Amount of xxxxxx is less than the Guideline Minimum Loan Amount of $150000 We have a exception for Low loan amount on page no 4, exception like " LOAN AMOUNT BELOW MINIMUM OF xxxxxx." Hence, Waived this finding. xxxxxx<br> - Due Diligence Vendor-xxxxxx<br>|  | Seasoned Landlord; AA ratings on mortgage histories | Seasoned Landlord; AA ratings on mortgage histories | xxxxxx | Investment | Purchase | NA | 543840 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 776757 | Closed | 2022-07-15 12:22 | 2022-07-19 12:51 | Resolved | 1 - Information C A | Credit | Doc Issue | HUD-1 Closing Statement missing or unsigned | Resolved-Final Hud sent in signed and dated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide final HUD document with stamped final signed by closing agent and borrowers. xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Final Hud sent in signed and dated - Due Diligence Vendor-xxxxxx | xxxxxx FINAL HUD1.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 549403 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-02 15:43 | 2022-08-08 16:57 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-VOE received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Borrower 1 3rd Party VOE Prior to Close Missing VOE is missing in the file. Please Provide a Verification of Employment document within 10 days of closing<br> - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-VOE received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-xxxxxx | xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 579889 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-02 21:27 | 2022-08-08 16:57 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 1 W2/1099 Missing | Resolved-W-2s received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Borrower 1 W2/1099 Provided Missing W2 please provide. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-W-2s received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved- - Due Diligence Vendor-xxxxxx | 2020w2 xxxxxx.pdf<br>2021 W2 xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 581010 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-02 13:54 | 2022-08-05 22:57 | Resolved | 1 - Information D A | Credit | Missing Doc | 1008 Document is Missing | Resolved-1008 received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The 1008 document is missing from the loan file. 1008 Document is missing in the file, please provide - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-1008 received and updated to review, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The 1008 document is present in the loan file. - Due Diligence Vendor-xxxxxx | xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 579627 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-02 19:21 | 2022-08-05 22:49 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VOM or VOR | Resolved-LOE confirms borrower lived with a significant other from xxxxxx. Per CBR mortgage mortgage history covers xxxxxx, Resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide a VOM showing 12 months history for Borrower 1 current address. xxxxxx. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-LOE confirms borrower lived with a significant other from xxxxxx. Per xxxxxx xxxxxx mortgage history covers xxxxxx, Resolved. - Due Diligence Vendor-xxxxxx | UW Cert xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 580522 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-02 22:46 | 2022-08-05 22:45 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-1008 with updated DTI received and updated to review. DTI is within 2%, resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Per the funding conditions notice, DTI is being calculated with the IO period, per the guidelines, IO loans that are owner occupied qualify using the greater of the note rate or the fully indexed rate using the fully amortized payment over the fully amortized term of the loan - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-1008 with updated DTI received and updated to review. DTI is within 2%, resolved. - Due Diligence Vendor-xxxxxx | xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 581113 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 773825 | Closed | 2022-08-03 21:43 | 2022-08-05 18:14 | Resolved | 1 - Information C A | Credit | Doc Issue | Missing letter of explanation | Resolved-Letter of Explanation provided is sufficient for this condition. Finding resolved. - Due Diligence Vendor xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide a letter of explanation confirming the loan number on some documents is the MIN number & the loan number on note is noted same as loan number on disclosures. The note contains both the MIN & loan number on the same document & it appears the loan origination system placed correct loan number on disclosures and note but not all documents are uniform. xxxxxx. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Letter of Explanation provided is sufficient for this condition. Finding resolved. - Due Diligence Vendor-xxxxxx | xxxxxx LOE.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 583158 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 777441 | Closed | 2022-09-02 17:13 | 2022-09-02 22:38 | Waived | 2 - Non-Material B | Credit | Credit | CLTV/LTV exceeds guidelines | Waived-Exception received for breach of Max LTV (max 70%) loan is at 80%.<br> Note date was July 8th and loan conformed with prior March matrices (max was 80%LTV). But it does not conform with the July 14th matrix or subsequent. - Due Diligence Vendor-xxxxxx <br>Open-Please provide exception for August 2022 matrix MAX LTV of 70% as this loan is xxxxxx investment purchase loan at LTV 80%. xxxxxx for your time. - Due Diligence Vendor-xxxxxx |  | Waived-Exception received for breach of Max LTV (max 70%) loan is at 80%.<br> Note date was July xxxxxx and loan conformed with prior March matrices (max was 80%LTV). But it does not conform with the July 14th matrix or subsequent. - Due Diligence Vendor-xxxxxx<br>| RE_xxxxxx loans.msg | High Fico (761)<br> High Reserves (58.9months) | High Fico (761)<br> High Reserves (58.9months) | xxxxxx | Investment | Purchase | NA | 633138 | Originator Post-Close | No |
| xxxxxx | xxxxxx | N/A | 777441 | Closed | 2022-07-26 00:34 | 2022-08-02 20:08 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Please see updated 1008 - P&I used $15244.37 - Seller-xxxxxx <br>Counter-Status updated to counter - Due Diligence Vendor-xxxxxx <br>Counter-Good afternoon, may you please send a corrected 1008 reflecting the P&I used by the UW along with additional clarification explaining the DTI calculation? - Due Diligence Vendor-xxxxxx <br>Escalated-Escalated to supervisor. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide an updated 1008 showing correct P&L, per the guidelines investment properties qualify with the IO payment. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Please see updated 1008 - P&I used $15244.37 - Seller-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx<br>|  | UW Cert xxxxxx.pdf<br>AUDIT CONDITIONS(10).pdf<br>LOPrint(8).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 569863 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 777441 | Closed | 2022-07-20 19:52 | 2022-07-26 19:26 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved- - Due Diligence Vendor-xxxxxx <br>Ready for Review-File updated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Missing comparable rent schedule of 8500 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx |  | rent schedule $8500.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 561315 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 777441 | Closed | 2022-07-20 20:04 | 2022-07-26 17:50 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lender Income Calculation Worksheet | Resolved-Verification of income provided. Updated applicable screens. Finding resolved. - xxxxxx-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-xxxxxx income worksheet showing total monthly income of $49,581.24 where as $47,441 was used to qualify, please advise on the discrepancy of income - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Verification of income provided. Updated applicable screens. Finding resolved. - Due Diligence Vendor-xxxxxx | AUDIT CONDITIONS(10).pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 561348 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774835 | Closed | 2022-07-26 13:37 | 2022-07-27 16:31 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-The Final 1003 is Present Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-LO Signature is Missing In Final 1003 Please Provide Updated 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Present Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx<br>| Final 1003 xxxxxx 1.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 570356 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774834 | Closed | 2022-07-20 14:22 | 2022-07-28 16:28 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed In Final 1003 Loan Originator Signature Is Missing Please Provide Updated Final 1003 Document - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx | xxxxxx 1.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 559692 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774911 | Closed | 2022-07-20 18:03 | 2022-07-27 16:36 | Resolved | 1 - Information C A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan is HPML. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Loan is a HPML - xxxxxx allows HPML w/ impounds - Seller-xxxxxx <br>Open-Please replay back to acknowledge that this loan is a high priced transaction." - Due Diligence Vendor-xxxxxx <br>Open-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. - Due Diligence Vendor-xxxxxx | Ready for Review-Loan is a HPML - xxxxxx allows HPML w/ impounds - Seller-xxxxxx | Resolved-Loan is HPML. Finding resolved. - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 560739 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774911 | Closed | 2022-07-20 18:07 | 2022-07-27 16:35 | Resolved | 1 - Information D A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Lo sign is missing in final 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Present - Due Diligence Vendor-xxxxxx<br>| Final xxxxxx 1.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 560761 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774911 | Closed | 2022-07-20 15:18 | 2022-07-27 14:21 | Resolved | 1 - Information B A | Credit | Doc Issue | Transmittal (1008) is Missing | Resolved-Updated 1008 provided. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-There is mismatch in loan amount and interest rate in 1008 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Updated 1008 provided. Finding resolved. - Due Diligence Vendor-xxxxxx | LOPrint(7).pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 559953 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774911 | Closed | 2022-07-20 15:35 | 2022-07-27 14:19 | Resolved | 1 - Information C A | Credit | Credit | Assets not properly documented/insufficient | Resolved-Statements provided to support savings account and documentation provided to support sale of property. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-There is asset named as Pending sale in 1003 of $77016.54 and savings of $27000 is not properly documented - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Statements provided to support savings account and documentation provided to support sale of property. Finding resolved. - Due Diligence Vendor-xxxxxx<br>| BANK STATEMENTS - ASSETS(1).pdf<br>UNCLASSIFIED.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 560022 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774668 | Closed | 2022-07-20 20:30 | 2022-07-28 20:11 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Final 1003 Loan Organization Signature is not available please provide updated final 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx<br>| Final 1003 Long1.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 561512 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774721 | Closed | 2022-07-29 21:30 | 2022-08-10 21:40 | Resolved | 1 - Information D A | Credit | Missing Doc | Borrower 2 Executed 4506-T Missing | Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) Borrower 2 Initial and Final 4506-T provided. Updated Employment screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Borrower 2 Executed 4506-T Missing Missing initial and final signed 4506T, please provide for 2nd borrower - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) Borrower 2 Initial and Final 4506-T provided. Updated Employment screen. Finding resolved. - Due Diligence Vendor-xxxxxx<br>| xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 577623 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774721 | Closed | 2022-07-28 19:14 | 2022-08-03 16:31 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx<br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed LO Signature missing please provide correct final 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx<br>| Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 575784 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775174 | Closed | 2022-08-01 12:37 | 2022-08-03 18:15 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Loan Originator Signature Missing In Final 1003 Document Please Provide Updated Final 1003 Document - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx 1.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 578003 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774908 | Closed | 2022-08-03 14:29 | 2022-08-05 14:32 | Resolved | 1 - Information D A | Property | Missing Doc | Second Appraisal/ Valuation is Missing | Resolved-Validation Resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Second Appraisal/ Valuation is Missing Loan amount is exceeding 1.5M please provide 2nd appraisal documentation for validation of this loan . xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Validation Resolved - Due Diligence Vendor-xxxxxx | APPRAISAL(16).pdf<br>APPRAISAL(17).pdf | N/A | N/A | xxxxxx | Primary Residence | Refinance | Cash Out - Other | 582021 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774994 | Closed | 2022-08-02 16:25 | 2022-08-11 13:21 | Resolved | 1 - Information C A | Credit | Credit | Hazard Insurance coverage does not include Business Interruption / Rent-Loss Coverage | Resolved-Updated HOI provided. Updated rental loss amount and property insurance screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide updated HOI policy showing Loss of Use coverage of 6 months - ITIA of 2358.22 and Rent Loss listed on HOI is 10000 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Updated HOI provided. Updated rental loss amount and property insurance screen. Finding resolved. - Due Diligence Vendor-xxxxxx | updated insurance.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 579983 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774994 | Closed | 2022-07-28 13:49 | 2022-08-05 17:36 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Resolved-1003 with LO's signature was sent and updated, resolved finding. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed LO signature missing in final 1003 , Please provide correct 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Resolved-1003 with LO's signature was sent and updated, resolved finding. - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 574899 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775104 | Closed | 2022-08-03 13:41 | 2022-09-02 20:12 | Waived | 2 - Non-Material C B | Credit | Credit | DSCR exceeds guidelines | Waived-Exception updated - Due Diligence Vendor-xxxxxx <br>Waived-Exception letter received from the client advising they will allow for a DSCR under .75, (outside xxxxxx) condition waived. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-As per the market rent calculated DSCR ratio is getting below the Minimum DSCR value. (0.46) is not meeting the GLS please Advice. xxxxxx.<br>Note:- 6000/13142.91=0.46 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Waived-Exception updated - Due Diligence Vendor-xxxxxx <br>Waived-Exception letter received from the client advising they will allow for a DSCR under .75, (outside xxxxxx GLs) condition waived. - Due Diligence Vendor-xxxxxx | LOE xxxxxx.pdf | Originator gained agreement from Investor to purchase with the guideline Exception<br> Other Compensating factors: High Fico at 719 and Very High Reserves at 69months | Originator gained agreement from Investor to purchase with the guideline Exception<br> Other Compensating factors: High Fico at 719 and Very High Reserves at 69months | xxxxxx | Investment | Purchase | NA | 581875 | Originator Post-Close | Yes |
| xxxxxx | xxxxxx | N/A | 775104 | Closed | 2022-08-03 14:15 | 2022-08-05 18:55 | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing disbursement date on final HUD-1 | Resolved-Client confirmed the reason the Closing date and Disbursement date is showing xxxxxx but the per diem date is showing xxxxxx because they funded the loan on the xxxxxx but escrow did not disburse and close out their file until the xxxxxx. This transaction was originated in the state of xxxxxx which is also a dry funding state, resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-xxxxxx funded the loan on the xxxxxx but escrow did not disburse and close out their file until the xxxxxx. (This is normal for the state of xxxxxx) - Seller-xxxxxx<br>Open-Closing date and Disbursement date is showing xxxxxx but the interest date is showing xxxxxx please advice. - Due Diligence Vendor-xxxxxx | Ready for Review-xxxxxx funded the loan on the 25th but escrow did not disburse and close out their file until the xxxxxx. (This is normal for the state of xxxxxx) - Seller-xxxxxx | Resolved-Client confirmed the reason the Closing date and Disbursement date is showing xxxxxx but the per diem date is showing xxxxxx because they funded the loan on the xxxxxx but escrow did not disburse and close out their file until the xxxxxx. This transaction was originated in the state of xxxxxx which is also a dry funding state, resolved. - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 581990 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775427 | Closed | 2022-08-19 17:36 | 2022-09-02 16:02 | Resolved | 1 - Information C A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Audited FICO of 672 is greater than or equal to Guideline FICO of 660 - Due Diligence Vendor-xxxxxx <br>Rescinded-Audited FICO of 672 is less than Guideline FICO of 720 Addressed with exception - Due Diligence Vendor-xxxxxx |  | Resolved-Audited FICO of 672 is greater than or equal to Guideline FICO of 660 - Due Diligence Vendor-xxxxxx <br>Rescinded-Audited FICO of 672 is less than Guideline FICO of 720 Addressed with exception - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Investment | Purchase | NA | 612879 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775427 | Closed | 2022-07-29 20:16 | 2022-08-19 20:01 | Waived | 2 - Non-Material B | Credit | Credit | FICO score does not meet guidelines | Waived-FICO of 672 is outside of guidelines by 48 points. Guideline minimum is 720 for Investor Advantage FTHB loans. - Due Diligence Vendor-xxxxxx <br>Waived-We made the following exception(s) on this loan:<br> - Min FICO of 720 on Investor Advantage FTHB loans - Due Diligence Vendor-xxxxxx <br>Waived-Exception Page on 5CR For Comp Of Min FICO of 720 on Investor Advantage FTHB loans - Due Diligence Vendor-xxxxxx |  | Waived-FICO of 672 is outside of guidelines by 48 points. Guideline minimum is 720 for Investor Advantage FTHB loans. - Due Diligence Vendor-xxxxxx <br>Waived-We made the following exception(s) on this loan:<br> - Min FICO of 720 on Investor Advantage FTHB loans - Due Diligence Vendor-xxxxxx <br>Waived-Exception Page on 5CR For Comp Of Min FICO of 720 on Investor Advantage FTHB loans - Due Diligence Vendor-xxxxxx |  | These exception(s) were made based on the following compensating factors:<br> - residual income that exceeds $3500 (total residual income $5520.77)<br> - 3 months additional reserves (12.11 mos of reserves in total) | These exception(s) were made based on the following compensating factors:<br> - residual income that exceeds $3500 (total residual income $5520.77)<br> - 3 months additional reserves (12.11 mos of reserves in total) | xxxxxx | Investment | Purchase | NA | 577490 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 774670 | Closed | 2022-08-02 17:25 | 2022-08-10 20:17 | Resolved | 1 - Information D A | Credit | Missing Doc | HO6 Master Insurance Policy is Missing | Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Counter-Please provide insurance policy for subject property - Due Diligence Vendor-xxxxxx <br>Ready for Review-Property is a xxxxxx - Seller-xxxxxx <br>Open-Missing HO-6 Master Insurance Policy This is Condo property HOA master policy document should be present but Master policy document missing in loan package please provide HOA master policy document. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Property is a xxxxxx - Seller-xxxxxx | Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-xxxxxx | HOI - HAZARD INSURANCE(18).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 580145 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774670 | Closed | 2022-08-02 17:27 | 2022-08-10 16:46 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved-File updated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Appraisal form 1007 is missing in loan package please provide - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-File updated - Due Diligence Vendor-xxxxxx | 1007.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 580148 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774670 | Closed | 2022-08-02 15:25 | 2022-08-10 16:37 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-Final 1003 executed by xxxxxx File updated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Loan Originator Signature is missing in Final 1003 document please provide updated 1003 document. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-Final 1003 executed by xxxxxx File updated - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 579841 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774670 | Closed | 2022-08-09 20:32 | 2022-08-10 16:36 | Resolved | 1 - Information B A | Credit | Doc Issue | Transmittal (1008) is Missing | Resolved-1008 updated with DSCR calculation - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide updated 1008 showing the DSCR calculation. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-1008 updated with DSCR calculation - Due Diligence Vendor-xxxxxx | AUDIT CONDITIONS(16).pdf | N/A | N/A | xxxxxx | Investment | Refinance | Cash Out - Other | 593362 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 776173 | Closed | 2022-08-10 14:10 | 2022-08-11 23:44 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-Final 1003 executed by the LO received and updated to 1003 screen, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Final 1003 is not signed please provide final 1003 signed and dated - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-Final 1003 executed by the LO received and updated to 1003 screen, resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx signed by lo.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 594428 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774752 | Closed | 2022-08-04 15:21 | 2022-08-11 14:55 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed LO signature is missing in Final 1003 page no 162CL and 171CL , Please provide - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed Updated Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx 1.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 584119 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774750 | Closed | 2022-08-30 23:23 | 2022-08-30 23:23 | Waived | 2 - Non-Material B | Credit | Credit | Total Reserves Requirement not met | Waived-Total Reserves Requirement not met Exception form on page 4 for 3 months of reserves - Due Diligence Vendor-xxxxxx |  | Waived-Total Reserves Requirement not met Exception form on page 4 for 3 months of reserves - Due Diligence Vendor-xxxxxx |  | Residual income is $16,500.69<br> LTV is below 5% max (current LTV is 80%, max is 90%) | Residual income is $16,500.69<br> LTV is below 5% max (current LTV is 80%, max is 90%) | xxxxxx | Primary Residence | Purchase | NA | 628738 | Originator Pre-Close | Yes |
| xxxxxx | xxxxxx | N/A | 774750 | Closed | 2022-08-09 15:25 | 2022-08-19 11:37 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Verification of Rent | Resolved-dos received - resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Resolved-VOR received - Resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Missing Verification of Rent Verification of Rent / mortgage is not provide , Primary Mortgage or Current Rent History considered from Current address, provide Verification of rent for the 8 months $3295 with no late & LOE from owner of xxxxxx stating borrower lived there Rent Free for 2 yrs as stated on 1003 - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-dos received - resolved - Due Diligence Vendor-xxxxxx <br>Resolved-VOR received - Resolved - Due Diligence Vendor-xxxxxx | VOR.pdf<br>LOE xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 591999 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774750 | Closed | 2022-08-09 16:24 | 2022-08-16 13:57 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Credit Labilities have been updated. Not DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Please see LQI-There is an xxxxxx account you are not including in the DTI. xxxxxx utilizes 5% of balance for payment. Bal 3014, payment $150.70 - Seller-xxxxxx <br>Open-1) 1008 page 121 shows DTI is 34.07 %<br> 2) DTI calculation = 5682.26+ $2,696/ 25029.65\*100= 33.47% - Due Diligence Vendor-xxxxxx | Ready for Review-Please see LQI-There is an xxxxxx account you are not including in the DTI. xxxxxx utilizes 5% of balance for payment. Bal 3014, payment $150.70 - Seller-xxxxxx | Resolved-Credit Labilities have been updated. Not DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx |  | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 592198 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774750 | Closed | 2022-08-09 14:47 | 2022-08-16 13:25 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-Executed Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Loan Originator Signature is missing on 1003 final , please provide <br> - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Executed Final 1003 provided. Updated 1003 screen. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 591815 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 777021 | Closed | 2022-08-10 10:27 | 2022-08-11 22:14 | Resolved | 1 - Information D A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-File updated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Please see the attached purchase contract. Please clear the condition. - Seller-xxxxxx <br>Open-Purchase contract is missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Please see the attached purchase contract. Please clear the condition. - Seller-xxxxxx | Resolved-File updated - Due Diligence Vendor-xxxxxx | xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 593991 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 774814 | Closed | 2022-08-15 19:45 | 2022-08-19 12:48 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Updated 1008 screen, credit liabilities screen and Final looks screen. No DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. xxxxxx x0793 bal $35 pymt $30 - Our borrower is an authorized user on this acct. xxxxxx does not consider authorized user account into DTI. Corrected xxxxxx acct w/ corrected payment. - Seller-xxxxxx <br>Open-Please advise, the credit report is showing 2 liabilities for xxxxxx and xxxxxx for $40 and $30, 1003 shows $10 and $0 causing a discrepancy in the DTI - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. xxxxxx xxxxxx bal $35 pymt $30 - Our borrower is an authorized user on this acct. xxxxxx does not consider authorized user account into DTI. Corrected xxxxxx acct w/ corrected payment. - Seller-xxxxxx | Resolved-Updated 1008 screen, credit liabilities screen and Final looks screen. No DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx | MISC_(65).pdf | N/A | N/A | xxxxxx | Primary Residence | Refinance | Cash Out - Other | 603502 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775469 | Closed | 2022-08-18 17:08 | 2022-08-30 16:41 | Resolved | 1 - Information C A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-xxxxxx <br>Resolved-Document received and updated - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx<br>Open-Security Instrument Date xxxxxx is greater than the transaction date/notary date of xxxxxx. Please advise and update. xxxxxx for your time. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br>| Resolved-The Deed of Trust is Present and Complete - Due Diligence Vendor-xxxxxx <br>Resolved-Document received and updated - Due Diligence Vendor-xxxxxx | xxxxxx re-recorded mtg.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 610359 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775469 | Closed | 2022-08-15 14:50 | 2022-08-29 14:23 | Resolved | 1 - Information D A | Compliance | Missing Doc | Final HUD-1 Document is Missing | Resolved-Final HUD-1 Document is Present or Not Applicable Received Final HUD1, finding resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Final HUD-1 Document is Missing Final HUD-1 Document is missing please provide. (Which is there in Closing documents Settlement date is showing xxxxxx and there is no signature page for that, hence please provide updated one.) xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Final HUD-1 Document is Present or Not Applicable Received Final HUD1, finding resolved - Due Diligence Vendor-xxxxxx<br>| Final HUD xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 602567 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 775469 | Closed | 2022-08-15 16:38 | 2022-08-19 12:46 | Resolved | 1 - Information C A | Compliance | Data | The Initial 1003 is Incomplete | Resolved-Final 1003 signed / resolved - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-LO Signature is missing in final 1003 document please provide updated one with LO signature. xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Final 1003 signed / resolved - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Investment | Purchase | NA | 602959 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 776076 | Closed | 2022-08-16 13:21 | 2022-08-22 12:47 | Resolved | 1 - Information C A | Credit | Credit | DTI discrepancy or failure. | Resolved-Updated 1008 provided. Updated 1008 screen. Not DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-Please provide an updated 1008, the P&I listed is not utilizing the fully amortized amount per the guidelines - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Updated 1008 provided. Updated 1008 screen. Not DTI discrepancy. Finding resolved. - Due Diligence Vendor-xxxxxx | AUDIT CONDITIONS.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 604571 | N/A | N/A |
| xxxxxx | xxxxxx | N/A | 776076 | Closed | 2022-08-15 16:18 | 2022-08-19 21:42 | Resolved | 1 - Information C A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open-The Final 1003 is Not Executed Final 1003 does not have Loan Originator Signature, Please Provide - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-The Final 1003 is Executed - Due Diligence Vendor-xxxxxx | Final 1003 xxxxxx.pdf | N/A | N/A | xxxxxx | Primary Residence | Purchase | NA | 602895 | N/A | N/A |

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## Exhibit 99.29

**EXHIBIT 99.29**

**selene rating agency grades report**

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| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Verus ID** | **Original Loan Amount** |
| xxxxxx | N/A | 758352 | xxxxxx C A |
| xxxxxx | N/A | 758394 | xxxxxx D A |
| xxxxxx | N/A | 759531 | xxxxxx A |
| xxxxxx | N/A | 766162 | xxxxxx A |
| xxxxxx | N/A | 767629 | xxxxxx A |
| xxxxxx | N/A | 765068 | xxxxxx A D |
| xxxxxx | N/A | 767650 | xxxxxx D A |
| xxxxxx | N/A | 766654 | xxxxxx A |
| xxxxxx | N/A | 766187 | xxxxxx A C |
| xxxxxx | N/A | 766560 | xxxxxx A |
| xxxxxx | N/A | 766549 | xxxxxx A |
| xxxxxx | N/A | 766881 | xxxxxx C A B |
| xxxxxx | N/A | 767079 | xxxxxx A |
| xxxxxx | N/A | 767647 | xxxxxx A |
| xxxxxx | N/A | 767614 | xxxxxx A |
| xxxxxx | N/A | 767615 | xxxxxx A |
| xxxxxx | N/A | 767589 | xxxxxx A |
| xxxxxx | N/A | 767590 | xxxxxx A D |
| xxxxxx | N/A | 767609 | xxxxxx C D A |
| xxxxxx | N/A | 767794 | xxxxxx A |
| xxxxxx | N/A | 774699 | xxxxxx A |
| xxxxxx | N/A | 773772 | xxxxxx C A |
| xxxxxx | xxxxxx | 778329 | xxxxxx D A |
| xxxxxx | N/A | 773766 | xxxxxx C A |
| xxxxxx | N/A | 773778 | xxxxxx A |
| xxxxxx | N/A | 773762 | xxxxxx C A B |
| xxxxxx | N/A | 773763 | xxxxxx C A B |
| xxxxxx | N/A | 776756 | xxxxxx C A B |
| xxxxxx | N/A | 773920 | xxxxxx D A |
| xxxxxx | N/A | 773945 | xxxxxx A |
| xxxxxx | N/A | 776757 | xxxxxx C A B |
| xxxxxx | N/A | 774180 | xxxxxx A |
| xxxxxx | N/A | 773825 | xxxxxx D A |
| xxxxxx | N/A | 777441 | xxxxxx D A B |
| xxxxxx | N/A | 774835 | xxxxxx A D |
| xxxxxx | N/A | 774834 | xxxxxx A C |
| xxxxxx | N/A | 774911 | xxxxxx C D A |
| xxxxxx | N/A | 774668 | xxxxxx A C |
| xxxxxx | N/A | 777014 | xxxxxx A |
| xxxxxx | N/A | 774721 | xxxxxx D C A |
| xxxxxx | N/A | 774989 | xxxxxx A |
| xxxxxx | N/A | 775174 | xxxxxx A C |
| xxxxxx | N/A | 774908 | xxxxxx A D |
| xxxxxx | N/A | 774994 | xxxxxx C A |
| xxxxxx | N/A | 774761 | xxxxxx A |
| xxxxxx | N/A | 775104 | xxxxxx C D A B |
| xxxxxx | N/A | 775427 | xxxxxx C A B |
| xxxxxx | N/A | 774670 | xxxxxx D C A |
| xxxxxx | N/A | 776173 | xxxxxx A C |
| xxxxxx | N/A | 774752 | xxxxxx A C |
| xxxxxx | N/A | 774543 | xxxxxx A |
| xxxxxx | N/A | 774750 | xxxxxx D C A B |
| xxxxxx | N/A | 777021 | xxxxxx D A |
| xxxxxx | N/A | 774595 | xxxxxx A |
| xxxxxx | N/A | 774814 | xxxxxx C A |
| xxxxxx | N/A | 775469 | xxxxxx A D |
| xxxxxx | N/A | 776076 | xxxxxx C A |

---

## Exhibit 99.30

**EXHIBIT 99.30**

**selene data compare report**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Verus ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| xxxxxx | N/A | 758394 | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 0.78 | 0 | DSCR is 0.78 |
| xxxxxx | N/A | 766162 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.13 | 38.247 | DTI is with in 2% variation |
| xxxxxx | N/A | 766162 | xxxxxx | Qualifying FICO | creditLiabilitiesPage | 642 | 672 | Updated as per credit report |
| xxxxxx | N/A | 765068 | xxxxxx | Initial Monthly P&I Or IO Payment | notePage | xxxxxx | xxxxxx | Values match. |
| xxxxxx | N/A | 767794 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 41.31 | 41.29 | Within 2% |
| xxxxxx | N/A | 773772 | xxxxxx | CLTV | propertyValuationPage | 75.79 | 80.00 | CLTV is 80 as per 1008 screen. Data Matching Error |
| xxxxxx | xxxxxx | 778329 | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 1.45 | 1.25 | DSCR has been verified per PITIA and market rent available on appraisal |
| xxxxxx | xxxxxx | 778329 | xxxxxx | Qualifying Total Reserves Number of Months | assetPage | 127.58 | 12 | Verified the asset number per available documents |
| xxxxxx | N/A | 773920 | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 1.01 | 1.00 | DSCR per 1008 is 1.01. Used insurance premium of $1,260 for renewal starting xxxxxx as did the 1008. Monthly Rent Payment from Operating Statement on page 126 CR = $2,665 / PITI $2,660.58 = 1.00 DSCR. |
| xxxxxx | N/A | 773945 | xxxxxx | Monthly Property Tax Amount | titlePage | 389.5 | 322.83 | Tax Amount Calculated As Per Tax Sheet. 1003 page 33 is showing monthly property tax amount to be $xxxxxx. |
| xxxxxx | N/A | 773945 | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 0.8 | 0.82 | 1008 is showing the DSCR to be .80. |
| xxxxxx | N/A | 773825 | xxxxxx | Note Date | notePage | xxxxxx | xxxxxx | Confirmed value per Note. |
| xxxxxx | N/A | 773825 | xxxxxx | Mortgage Origination Channel | the1003Page | Retail | Wholesale | Confirmed values match. |
| xxxxxx | N/A | 773825 | xxxxxx | First Payment Date | notePage | xxxxxx | xxxxxx | Confirmed value per documentation in file. |
| xxxxxx | N/A | 777441 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 43.49 | 44.87 | Finding opens |
| xxxxxx | N/A | 777441 | xxxxxx | Housing Debt/Income Ratio | the1008Page | 10.33 | 10.65 | Value Match |
| xxxxxx | N/A | 774834 | xxxxxx | Note Date | notePage | xxxxxx | xxxxxx | Updated As Per Note Document Page xxxxxx |
| xxxxxx | N/A | 774911 | xxxxxx | Housing Debt/Income Ratio | the1008Page | 15.08 | 14.11 | As per the 1008 it is matching in diligence final look and it is within 1% Tollerance |
| xxxxxx | N/A | 774911 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 30.57 | 29.44 | As per the 1008 it is matching in diligence final look and it is within 1% Tollerance |
| xxxxxx | N/A | 774911 | xxxxxx | Borrower 2 Self-Employment Flag | employmentIncomePage | No | Yes | There is no income for Borrower 2 and updated as per the 1003 |
| xxxxxx | N/A | 774668 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 47.33 | 47.06 | DTI/HTI +/- 1% is allowable as per Guidelines. |
| xxxxxx | N/A | 777014 | xxxxxx | Number of Units | propertyValuationPage | 1 | 0 | True data correct per appraisal. |
| xxxxxx | N/A | 777014 | xxxxxx | Total Qualified Assets for Reserves Post-Close | tape | 17019.49 | 17872.49 | True data correct per provided asset statements |
| xxxxxx | N/A | 777014 | xxxxxx | Qualifying Total Reserves Number of Months | tape | 10.49 | 11.00 | True data correct per provided asset statements |
| xxxxxx | N/A | 774989 | xxxxxx | Note Date | notePage | xxxxxx | xxxxxx | Updated as per the Note document. Page xxxxxx |
| xxxxxx | N/A | 774908 | xxxxxx | ARM Initial Interest Rate Cap | notePage | 2 | 1.0000 | Updated as per Note |
| xxxxxx | N/A | 774908 | xxxxxx | Index | notePage | 0.7849 | 1.5090 | Updated as per the Note |
| xxxxxx | N/A | 774908 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 24.01 | 28.90 | This is Interest Only note, DTI is matching in Diligence final Screen, as per the GLS <1% of variance can acceptable. |
| xxxxxx | N/A | 774908 | xxxxxx | Housing Debt/Income Ratio | the1008Page | 21.11 | 25.45 | There is a difference in P&I value is not matching with Note due to that HTI is not matching exactly getting 1% variance(Note $16,488.28 and in 1008 $16087.81 having nearly $488.08 variance). as per the GLS <1% of variance can acceptable. |
| xxxxxx | N/A | 774994 | xxxxxx | Note Date | notePage | xxxxxx | xxxxxx | Updated as per note document page xxxxxx |
| xxxxxx | N/A | 775427 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 42.19 | 41.77 | 1008 has DTI of 42.19, loan approval has 41.77 |
| xxxxxx | N/A | 775427 | xxxxxx | Housing Debt/Income Ratio | the1008Page | 15.7 | 15.71 | Rounding, values match |
| xxxxxx | N/A | 774670 | xxxxxx | Note Date | notePage | xxxxxx | xxxxxx | Updated as per Note document page xxxxxx |
| xxxxxx | N/A | 774752 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 37.83 | 37.54 | 1% tolerance DTI is acceptable |
| xxxxxx | N/A | 774752 | xxxxxx | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 5.54 | 5.19 | 1% tolerance acceptable as per lender guideline |
| xxxxxx | N/A | 774752 | xxxxxx | ARM Initial Interest Rate Cap | notePage | 5 | 1.0000 | Updated as per note page xxxxxx |
| xxxxxx | N/A | 777021 | xxxxxx | Total Qualified Assets for Reserves Post-Close | assetPage | 156396.58 | 156542.82 | True data correct per provided asset statements |
| xxxxxx | N/A | 777021 | xxxxxx | Qualifying Total Reserves Number of Months | assetPage | 102.17 | 101.00 | True data correct per provided asset statements |
| xxxxxx | N/A | 777021 | xxxxxx | Calculated DSCR | diligenceFinalLookPage | 1.11 | 1.10 | True data correct based on the following calculation: $1700/ PITIA of $$1530.74= 1.11 DSCR. |
| xxxxxx | N/A | 774814 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 45.11 | 44.61 | Created a DTI finding for liabilities not matching credit report and 1003/1008 |
| xxxxxx | N/A | 776076 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.61 | 34.73 | Debt to Income Ration= Housing Expenses +Other Expenses/Qualified Income= ($5,155.09+$2,629.2)/$22,414.98= 34.72% |
| xxxxxx | N/A | 776076 | xxxxxx | Qualifying Housing Debt Income Ratio | diligenceFinalLookPage | 26.88 | 23.00 | Qualifying Housing Debt Income Ration= Housing Expenses/Qualified Income= $5,155.09/$22,414.98= 22.99% |

---

## Exhibit 99.31

**EXHIBIT 99.31**

**selene atr qm data fields**

**ATR QM Data Fields**

Loans in Report: 57

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Client Loan Number** | **Verus Loan Number** | **Loan Level ATR/QM Status** | **Application Date Prior to 1/10/2014** | **TRID Indicator** | **Leasehold Indicator** |
| xxxxxx | 758352 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 758394 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 759531 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 766162 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 767629 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 765068 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767650 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 766654 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 766187 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 766560 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 766549 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 766881 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767079 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767647 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 767614 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767615 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 767589 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767590 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767609 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 767794 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774699 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 773772 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 778329 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773766 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773778 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773762 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773763 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 776756 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773920 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 773945 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 776757 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 774180 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 773825 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 777441 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774835 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774834 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774911 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774668 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 777014 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 774721 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774989 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 775174 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774908 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774994 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774761 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 775104 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 775427 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774670 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 776173 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774752 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774543 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 774750 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 777021 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 774595 | ATR/QM: Exempt | No | Yes | No |
| xxxxxx | 774814 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |
| xxxxxx | 775469 | ATR/QM: Exempt | No | No | No |
| xxxxxx | 776076 | Non-QM: Lender documented all ATR UW factors | No | Yes | No |

---

## Exhibit 99.32

**EXHIBIT 99.32**

**selene valuations report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Verus ID** | **Borrower Name** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Primary Appraised Value** | **Value for LTV** | **Primary Appraisal Date** | **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 Vendor** | **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** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Total Adjusted Prior Purchase Price** |
| xxxxxx | 758352 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 07-12-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-15-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 758394 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-23-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 09-06-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.2 |  |
| xxxxxx | 759531 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 09-14-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 09-24-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 766162 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 12-15-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 01-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1 |  |
| xxxxxx | 767629 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 12-09-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 12-17-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 765068 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 12-18-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 12-19-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767650 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 10-27-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 11-19-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 766654 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 12-27-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 01-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 766187 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 01-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 01-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 766560 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 01-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-02-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| xxxxxx | 766549 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 10-16-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 12-21-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| xxxxxx | 766881 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 01-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 01-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767079 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 01-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 01-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767647 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 02-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767614 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 02-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767615 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 02-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767589 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 01-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767590 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 01-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767609 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 02-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 02-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 767794 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 03-13-2022 | xxxxxx |  | 0.00% | 03-22-2022 | 1004 URAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774699 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 04-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773772 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate | 05-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable |  |  |
| xxxxxx | 778329 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 02-28-2022 | xxxxxx | xxxxxx | 0.10% | 03-02-2022 | 1073 Individual Condo Report |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 1.2 |  |
| xxxxxx | 773766 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -4.40% | Proteck Valuation Intelligence | 04-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| xxxxxx | 773778 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-02-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.6 |  |
| xxxxxx | 773762 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 02-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1 |  |
| xxxxxx | 773763 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 02-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| xxxxxx | 776756 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-31-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | 20.90% | ClearCapital | Moderate Risk | 06-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773920 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 06-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773945 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776757 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 06-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774180 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 06-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773825 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 06-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 777441 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-19-2022 | xxxxxx | xxxxxx | 0.80% | 06-06-2022 | 1004 URAR |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774835 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774834 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774911 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 4.7 |  |
| xxxxxx | 774668 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 777014 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unavailable | 1.3 |  |
| xxxxxx | 774721 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-08-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774989 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 06-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 06-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775174 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774908 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 06-21-2022 | xxxxxx | xxxxxx | 0.70% | 06-21-2022 | 1004 URAR |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774994 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 06-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 06-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774761 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775104 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 2.6 |  |
| xxxxxx | 775427 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -6.50% | ClearCapital | Moderate Risk | 06-16-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774670 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 05-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 05-31-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776173 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 07-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 3 |  |
| xxxxxx | 774752 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible | 3.9 |  |
| xxxxxx | 774543 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774750 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 07-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 777021 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | Clear Capital | Moderate Risk | 07-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| xxxxxx | 774595 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 07-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 2.6 |  |
| xxxxxx | 774814 | xxxxxx | N/A | xxxxxx | xxxxxx | $- | xxxxxx | xxxxxx | 07-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775469 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Moderate Risk | 07-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776076 | xxxxxx | N/A | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | $- | 0.00% | ClearCapital | Low Risk | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Eligible | 1 |  |

---

## Exhibit 99.33

**EXHIBIT 99.33**

**canopy financial technology partners, llc ("Canopy") narrative**

![](tm2233586d1_ex99-33img001.jpg)

**NARRATIVE**

**Verus 2023-1**

**By Canopy Financial Technology Partners LLC on December 22, 2022**

Canopy Financial Technology Partners LLC

<u>info@canopytpr.com</u> \| 720-371-8517 \| <u>www.canopytpr.com</u>

Address: 83 Halls Road, Unit 203, Old Lyme, CT 06371

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

 **Description of Services**

Canopy Financial Technology Partners, LLC ("Canopy") performed certain due diligence services (the "Review) described below on Non-Agency Eligible Mortgage Loans ("Loans") backed by residential properties originated or acquired by VMC Asset Pooler, LLC. (the "Client") or its affiliated company. The Review was conducted from January 2022 to September 2022 via files imaged and provided by the Client for review.

The Review consisted of a population of Sixty (60) Loans with an aggregate principal balance of $33,768,211.00.

**Loan Sampling**

The Client defined the sample size and the random sampling of the Loans to be included in the Review.

The Review was conducted consistent with the criteria for the specific Nationally Recognized Statistical Rating Organizations (NRSROs), S&P Global Ratings and Kroll Bond Rating Agency, LLC.

**Data Integrity**

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Field Label** |  |
| &nbsp;&nbsp;Amortized Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Business Purpose Flag (when applicable) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |
| &nbsp;&nbsp;DSCR (when applicable) | &nbsp;&nbsp;.25% tolerance |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Margin (ARM Loan) | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Mortgage Origination Channel | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Interest Only Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Note Rate | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Occupancy Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Appraised Value | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Prepayment Penalty Term | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;No tolerance |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio (when applicable) | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43 , Do not Apply Tolerance If DTI >= 43 and AUS = No |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;No tolerance |

---

**Credit Underwriting**

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

**Loan Attributes.** To determine borrower program eligibility, Canopy verified the following loan attributes and, where applicable, re-calculated based on the information provided.

● Assets and Reserves;

● DTI (when applicable);

● DSCR (when applicable);

● Gross Income (when applicable);

● Housing history;

● Lien Position;

● Loan Purpose;

● LTV/CLTV;

● Monthly debt service;

● Occupancy;

● Property Type;

● Qualifying PITI; and

● Residual Income.

**Credit Application:** For the Credit Application (1003), Canopy verified whether

● All known borrower-owned properties are disclosed on the REO Section;

● Borrower(s) employment history ;

● Citizenship and eligibility;

● First time home buyer status ;

● The application was signed by all borrowers; and

● The application was substantially completed.

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**Credit History:** Canopy verified:

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

● Bankruptcy and foreclosure seasoning;

● Capture the monthly consumer debt payments for use in the applicable DTI calculation;

● Installment and revolving payment history;

● Mortgage/rental payment history;

● Note and research the Real Estate Owned, OFAC, and Fraud alerts;

● Number of tradelines; and

● Representative Credit Score and Methodology.

**Employment and Income:** Canopy determined whether all applicable supporting documentation as required by Seller's Guidelines and Ability to Repay ("**ATR**") when applicable per above were in the file. The documentation was used to verify whether the income used to qualify the loan was calculated in accordance with Seller's Guidelines. Documentation verifying employment and income were deemed acceptable if it was a third-party document as required by the Seller's Guidelines and ATR when applicable per above and may include:

● Verbal or Written VOE's;

● Paystubs;

● W-2 forms;

● Tax returns;

● Financial statements;

● Award letters;

● IRS Tax Transcripts (compared to Tax Returns provided by Borrower(s)).

**Fraud Review:** For all Loans, the Client provided the results from a third-party anti-fraud tool to Vendor. In accordance with the type of fraud report provided, Canopy utilized the results provided by the Client along with information in the Loan File, to identify and address any potential misrepresentations including:

● Borrower identity:

● Social Security inconsistencies

● Borrower name variations

● Employment:

● Licensing – reviewed NMLS data for:

● Mortgage lender/originator

● Loan officer

● Occupancy:

● Borrower address history

● Subject property ownership history

● OFAC.

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**Asset Review:** Canopy assessed whether the asset documentation required by the Seller's Guidelines and ATR, when applicable, was present in the Loan File. Canopy also conducted a review of the reserve calculation, if used to determine ATR or required by the Seller's Guidelines, including a review of any large deposits. Canopy re-calculated gross, net, and liquid asset balances. The Asset Review also consisted of verifying the down payment, closing costs, prepaid items and reserves. Documentation used to verify assets for down payment, closing costs, prepaid items and reserves may have included:

● Depository account statements;

● Gift funds;

● Settlement statement or other evidence of conveyance and transfer of funds if a sale of assets was involved;

● Stock or security account statements; and/or

● VOD's.

**Hazard/Flood insurance/Taxes:** A review of the insurance present on the loan was performed by Canopy as follows:

● 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 what was used in 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 that taxes are current; and

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

**Automated Underwriting System Findings:** N/A

**Document Review**

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

● Initial application (1003);

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● Final application (1003);

● Note;

● Mortgage/Deed of Trust;

● Appraisal;

● Sales Contract;

● Title Commitment/Policy;

● Junior Lien/Subordination Agreement;

● Mortgage Insurance;

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

● Flood Certification;

● Initial and Final Loan Estimate (LE);

● Initial and Final and Closing Disclosure (CD);

● Post-Consummation Closing Disclosure (PC-CD) [if applicable].

**Business Purpose Validation (when applicable)**

For Loans originated as Business Purpose loans (as defined by Regulation Z [12 CFR 1026], and its supporting commentary, the implementing regulation of the Truth-in-Lending Act ("TILA") [15 U.S.C. 1601 et seq.]), Canopy assessed that the facts and circumstances of the subject loan did not trigger Consumer Purpose classification (also as defined by Regulation Z [12 CFR 1026], and its supporting commentary, the implementing regulation of the Truth-in-Lending Act [15 U.S.C. 1601 et seq.]).

**"Missing Document" to Cleared Exception:** In the event that there was no express statement in the Loan File, and there was no express evidence in the Loan File that the loan proceeds were used for "Business Purpose" Canopy assigned the file a "D" grade for missing said documentation. In the event that the express statement, or with clear, unequivocal documented evidence of use of loan proceeds for non-consumer, business purpose, was provided by the lender that defines and/or evidences the "primary purpose" of the loan as "business purpose" the "D" grade – "Missing Document", was cleared by Canopy.

**"Missing Document" to "B" Grade:** In the event that there was no express statement in the Loan File, and there was no express evidence provided that the loan proceeds were used for "Business Purpose", Canopy gave the file a "D" grade, for missing documentation. In the event that there was not any express statement or evidence of business purpose use of the proceeds, then the "D" grade – "Missing Document" initial finding was re-graded after conducting a full Consumer Purpose, regulatory compliance review, as applicable to assignees for Consumer Purpose loans. In the event that the loan did not violate any applicable regulatory compliance obligations, the loan was re-graded as a "B" grade final finding.

**"Material Compliance Violation":** In the event that no express statement existed in the Loan File, Canopy assessed any and all documentation provided to determine what the actual use of the proceeds were, to best identify that the "primary purpose" of the loan was not in fact for "business purpose" as relied upon by the lender, but is in fact for a "consumer purpose". If, in fact, evidence existed that the

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proceeds were used for personal, Consumer Purpose, then Canopy identified that the "primary purpose" of the loan is not "business purpose" and as "consumer purpose" subject to the full Consumer Purpose regulatory compliance obligations of an originator as it applies to an assignee, with a material compliance exception of a "C" grade.

**"Material Compliance Violation" to "B" Grade:** The above noted Material Compliance Violation was re-graded to a "B" grade by conducting a full Consumer Purpose regulatory compliance review, as applicable to assignees for Consumer Purpose loans, and in the event that the loan did not violate any applicable regulatory compliance obligations, the loan was re-graded as a "B" grade final finding.

**Compliance Review**

Canopy reviewed each Loan File and, if applicable, 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. Canopy' review included, but was not limited to, the verification and validation that each mortgage loan met the relevant provisions of:

(i) **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 HOEPA and any state and
local high-cost home loan laws. Assignee shall have the meaning as defined in TILA;

(ii) the **Truth in Lending Act** (" <u>TILA</u> "), as amended by HOEPA, 15 U.S.C. §1601 et seq., as implemented by
Regulation Z, 12 C.F.R. Part 1026;

(iii) the **Real Estate Settlement Procedures Act** (" <u>RESPA</u> "), 12 U.S.C. §2603, as implemented by Regulation
X, 12 C.F.R. Part 1024;

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

**I.** **Compliance Documentation Requirements** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Review of the following documents as they related to regulatory compliance:

&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. Initial and final application (1003)

&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. Note, including all addendums

&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. Copy of note for any junior liens (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;iv. Mortgage / Deed of Trust, including all riders

&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. Initial, Interim, and Final Loan Estimates ("LE")

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&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. 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)

vii. Notice of Right to Cancel (as applicable)

viii. Rate Lock Date Information;

ix. HOEPA Disclosures (if applicable)

x. Initial Escrow Account Disclosure

**II.** **Anti-Predatory Lending (Assignee Liability)** 

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

**III.** **Compliance Testing Elements** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. **Truth-in-Lending Act (TILA) / Regulation Z**: Loans were reviewed to
determine compliance with the following requirements of TILA and Regulation Z, including, but not limited to, the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. **TILA/RESPA Integrated Disclosure Testing ("TRID")**. A review and comparison of LEs and
CDs with a report outlining any TILA violations, including a re-calculation of disclosed finance charge, principal and interest calculations,
proper completion of the Projected Payments table, total of payments, finance charge, amount financed, recalculation of disclosed APR
and a review to determine disclosure differences were within the allowed tolerances and disclosures were provided within the required
timeframes. Testing will be conducted to fulfill the elements Structured Finance Association (SFA) TRID Compliance Review Scope ("TRID
Grid 3.0" v.12/05/2019);

&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. **Right of Rescission**. A review of the TILA Right of Rescission, 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).
The appropriate Model Form will be tested according to applicable U.S. Court of Appeals, Circuit Court rulings;

**Qualified Mortgage and Ability to Repay**. A review 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

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Protection Bureau as found at 12 CFR § 1026.43. QM and ATR testing is detailed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. **Real Estate Settlement Procedures Act (RESPA)/Regulation X**: Review
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).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. **Equal Credit Opportunity Act (ECOA)/Regulation B**: Confirm 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 may be met by the disclosure on the Loan Estimate pursuant to 12 CFR
 § 1026.27(m)(1).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. **Fair Credit Reporting Act (FRCA)/Regulation V**: Confirm compliance
with the current FCRA/Regulation V requirements regarding risk-based pricing notice, credit score disclosure and Notice to Home Loan Applicant,
as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**e.** **Miscellaneous Compliance Testing:** 

&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. Mandatory
 Arbitration – Canopy will report mandatory arbitration provisions present in the Loan
 File.

ii. Single
 Premium Credit Insurance – Canopy will report single premium credit insurance policies
 or debt cancellation agreements present in the Loan File.

iii. TPR will test
 for state prepayment and late charge restrictions. If a prepayment penalty that exceeds the
 state permitted penalty has expired, this must be reported.

**State & Local Anti-Predatory Requirements**

The following is an itemization of the generally understood current and historical state and local anti-predatory lending requirements, as customary in secondary market due diligence compliance testing:

● 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.

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● 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.

● 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 183(C).

● 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.

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● 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.

● 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.

● 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.

**QUALIFIED MORTGAGE (QM)** 

With respect to QM (Safe Harbor and Rebuttable Presumption) designated loans, Canopy 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.

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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, Canopy 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.

For each QM designated loan that satisfied the applicable requirements enumerated above, Canopy then determines whether the loan is 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)

Canopy 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 (QM – Temporary), Canopy will not review for compliance with the requirements of Appendix Q or General Ability to Repay.

Canopy 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"). Canopy 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. Canopy's review is based on information contained in the Loan File at the time it is provided to Canopy to review, and only reflects information as of that point in time.

**Valuation Review**

Canopy reviewed all appraisals and alternative value tools used to qualify the Loan for reasonableness of estimated value, integrity of comparable sales, completeness of data and eligibility of the appraiser, consistent with underwriting guidelines, variances, tolerances, and exception authorities established by Client. Additionally, Canopy determined that the appraised value appeared to be reasonably supported ("Value-Supported Analysis"), based on the valuation provided by the Independent Third-party Review.

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● With respect to Title XI of FIRREA, Canopy 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.

● With respect to USPAP, Canopy confirmed the appraiser's certification is present and executed within the original appraisal.

***Independent third-party values***

Canopy 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:**

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

● In the event the Desk Review process yielded material exceptions or had a value exceeding a negative ten percent (-10%) variance, a field review was ordered to further establish value.

**Agency Eligible Loans:**

● For FNMA loans, if a CU Score was available and the CU Score was greater than 2.5, Canopy ordered a Desk Review. If the CU Score was less than or equal to 2.5, no Desk Review was required based on market acceptance of Agency Eligible Loans.

● For FHLMC loans, if the FHLMC Rep & Warrant Relief indicator was Not Eligible, Canopy ordered a Desk Review. If the FHLMC Rep & Warrant Relief indicator was Eligible, no Desk Review was required based on market acceptance of Agency Eligible Loans.

**VALUATION RESULTS SUMMARY**

The tables below sets forth the number of Mortgage Loans and valuation of associated properties within the Diligence Sample for which an independent third-party valuation product was produced in accordance with the foregoing process:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Agency Eligible** | &nbsp;&nbsp;**Agency Eligible** | &nbsp;&nbsp;**Agency Eligible** | &nbsp;&nbsp;**Agency Eligible** |
| &nbsp;&nbsp;**# of Files – CU<br> Score <= 2.5** | &nbsp;&nbsp;**# of Files – Eligible Rep <br> & Warrant Relief** | &nbsp;&nbsp;**# of Files < -10% of OA<br> valued (Desk Review)** | &nbsp;&nbsp;**# of Files => -10% of OA <br> valued (Desk Review)** |
| &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |

---

● Chart is N/A as all Loan Files were Non-Agency

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| <br> **Non-Agency Eligible** | <br> **Non-Agency Eligible** | <br> **Non-Agency Eligible** | <br> **Non-Agency Eligible** |
| &nbsp;&nbsp;**Valuation Product** | &nbsp;&nbsp;**# of Files – No Hit** | &nbsp;&nbsp;**# of Files < -10% of OA value<br> OR Confidence <= 80%** | &nbsp;&nbsp;**# of Files => -10% of OA <br> value** |
| &nbsp;&nbsp;Desk Review | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;Second Full Appraisal | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 |

---

● Of the 60 Non-Agency Eligible loans reviewed:

● 59 Loan Files were noted with a Desk Review supporting the original appraised value within a 10% variance.

● 1 Loan File was noted with a Desk Review and Second Full Appraisal supporting the original appraised value within a 10% variance.

**GRADING COMPONENTS**

 **Due Diligence Grading Criteria**

Upon completion of the Loan File review, Canopy assigned comprehensive grading that considers critical factors based on the specific review completed, in addition to product, client, and rating agency requirements.

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

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Final Event Grade** | &nbsp;&nbsp;**Final Event 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**

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

---

| | |
|:---|:---|
| &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 Grade** | &nbsp;&nbsp;**Valuation Event Grade** |
| &nbsp;&nbsp;**A** | &nbsp;&nbsp;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 GSE approved forms. |
| &nbsp;&nbsp;**B** | &nbsp;&nbsp;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. |
| &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. |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

**FINDINGS SUMMARY**

 **Summary Overview**

Canopy's review concluded the grading of the Credit, Property/Valuation, and Compliance sections. 35.00% (21 loan) have an overall grade of "B" and 65.00% (39 loans) have an overall grade of "A".

Canopy's review concluded a Credit grade of "B" for 30.00%, or eighteen (18) mortgage loan reviewed, and 70.00% (42 loans) have a Credit grade of "A".

Canopy's review concluded a Compliance grade of "B" for 0.00%, or zero (0) mortgage loans reviewed, and 100.00% (60 loans) have a Compliance grade of "A".

Canopy's review concluded a Property/Valuation grade of "B" for 5.00%, or three (3) mortgage loans reviewed, and 95.00% (55 loans) have a Property/Valuation grade of "A".

**FINDINGS TABLE**

**REVIEW TABLES**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** | &nbsp;&nbsp;**OVERALL REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;39 | &nbsp;&nbsp;65.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;21 | &nbsp;&nbsp;35.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** |
| &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** | &nbsp;&nbsp;**CREDIT REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;42 | &nbsp;&nbsp;70.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;18 | &nbsp;&nbsp;30.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** | &nbsp;&nbsp;**PROPERTY REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;57 | &nbsp;&nbsp;95.00% |
| &nbsp;&nbsp;B | &nbsp;&nbsp;3 | &nbsp;&nbsp;5.00% |
| &nbsp;&nbsp;C | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;D | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;**Grand Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** | &nbsp;&nbsp;**COMPLIANCE REVIEW RESULTS** |
| &nbsp;&nbsp;**Final Grade** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Sample** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;60 | &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;**Grand Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** |

---

 **Additional Loan Summary Details**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;60 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$33768211.00 |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33768211.00** |
| &nbsp;&nbsp;**Lien Position** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;First | &nbsp;&nbsp;60 | &nbsp;&nbsp;100.00% | &nbsp;&nbsp;$33768211.00 |
| &nbsp;&nbsp;Second | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33768211.00** |
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Cash Out: Debt Consolidation—<br> Proceeds used to pay off existing loans <br> other than loans secured by real estate | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;Cash Out: Home Improvement/Renovation | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Cash Out: Other/Multi-Purpose/Unknown Purpose | &nbsp;&nbsp;13 | &nbsp;&nbsp;21.67% | &nbsp;&nbsp;$4483400.00 |
| &nbsp;&nbsp;First Time Home Purchase | &nbsp;&nbsp;16 | &nbsp;&nbsp;26.67% | &nbsp;&nbsp;$6229992.00 |
| &nbsp;&nbsp;Other Than First Time Home Purchase | &nbsp;&nbsp;29 | &nbsp;&nbsp;48.33% | &nbsp;&nbsp;$21560819.00 |
| &nbsp;&nbsp;Rate/Term Refinance - Borrower Initiated | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.33% | &nbsp;&nbsp;$1494000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33768211.00** |
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;121 - 180 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;181 - 240 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;241 - 300 Months | &nbsp;&nbsp;0 | &nbsp;&nbsp;0.00% | &nbsp;&nbsp;$0.00 |
| &nbsp;&nbsp;301 - 360 Months | &nbsp;&nbsp;58 | &nbsp;&nbsp;96.67% | &nbsp;&nbsp;$30098211.00 |
| &nbsp;&nbsp;421-480 Months | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.33% | &nbsp;&nbsp;$3670000.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33768211.00** |
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan Count** | &nbsp;&nbsp;**% of Loans** | &nbsp;&nbsp;**Original Balance** |
| &nbsp;&nbsp;Owner Occupied | &nbsp;&nbsp;40 | &nbsp;&nbsp;66.67% | &nbsp;&nbsp;$23886842.00 |
| &nbsp;&nbsp;Second Home | &nbsp;&nbsp;2 | &nbsp;&nbsp;3.33% | &nbsp;&nbsp;$1498750.00 |
| &nbsp;&nbsp;Investment Property | &nbsp;&nbsp;18 | &nbsp;&nbsp;30.00% | &nbsp;&nbsp;$8382619.00 |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**60** | &nbsp;&nbsp;**100.00%** | &nbsp;&nbsp;**$33768211.00** |

---

**DATA COMPARISON RESULTS**

Of the Sixty (60) mortgage Loan Files reviewed, Twenty (20) unique loans (33.33% by number) had twenty-three (23) tape comparison discrepancies across twenty-seven (27) data fields.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Logic Applied** | &nbsp;&nbsp;**# Loans with<br> Discrepancy** | &nbsp;&nbsp;**Total Times<br> Compared** | &nbsp;&nbsp;**%<br> Variance** |
| &nbsp;&nbsp;Amortized Term | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Borrower 1 Self Employed Flag (when applicable) | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Borrower 2 Self-Employment Flag (when applicable) | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Business Purpose Flag (when applicable) | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Combined LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;DSCR (when applicable) | &nbsp;&nbsp;.25% tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Final Reviewed QM Status | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Loan Program | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Margin (ARM Loan) | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Mortgage Origination Channel | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Note Interest Only Term | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Note Rate | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Occupancy Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Property Value | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;2 | &nbsp;&nbsp;60 | &nbsp;&nbsp;3.33% |
| &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;Apply 1% Tolerance if < 80% | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Prepayment Penalty Total Term | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;17 | &nbsp;&nbsp;60 | &nbsp;&nbsp;28.33% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Property Zip Code | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;2 | &nbsp;&nbsp;60 | &nbsp;&nbsp;3.33% |
| &nbsp;&nbsp;Escrow Flag | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;Qualifying Total Debt Income Ratio (when applicable) | &nbsp;&nbsp;Apply 2.5% Tolerance If AUS = Yes and DTI > 0 or if AUS = No and DTI between 0 and 43 , Do not Apply Tolerance If DTI >= 43 and AUS = No | &nbsp;&nbsp;2 | &nbsp;&nbsp;60 | &nbsp;&nbsp;3.33% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;No tolerance | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.00% |

---

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

![](tm2233586d1_ex99-33img001.jpg)

**Disclaimer**

*Canopy Financial Technology Partners, 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).* 

*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. Neither supplemental factual investigation nor enhanced reviews can guarantee that all information provided to the Company will be accurate. Reports are, and must be construed solely as, statements of opinion and not as statements of fact as to credit worthiness, investment, financial, or other recommendation to purchase, sell, or hold any security.* 

*Reports may contain assumptions and/or predictions regarding future events which are "forward-looking" and inherently cannot be verified as facts. Consequently, Reports may be affected by future events or conditions which were not anticipated at the time the Report was made. Such forward-looking statements necessarily involve risks and uncertainties which may result in future performance that is materially different from the Report's assumptions and/or conclusions. As such, Reports are not a guaranty of future performance nor a prospectus related to the underlying securities (if any), and under reliance should not be placed upon the Reports in the purchase, sale, or holding of any security.* 

Canopy Financial Technology Partners \| <u>www.canopytpr.com</u> \|©2021 Proprietary and Confidential

## Exhibit 99.34

**EXHIBIT 99.34**

**canopy exceptions report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Verus Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** |
| xxxxxx | 763280 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 762828 D A | Closed | xxxxxx | 2022-01-10 15:09 | 2022-01-11 12:21 | Resolved | 1 - Information D A | Credit | Missing Doc - Insurance | Hazard Insurance Policy is Partial | Resolved-Full Hazard Insurance Policy provided at resubmission. - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. - Seller-xxxxxx <br> Open-Hazard Insurance Policy Partially Provided Replacement cost estimator provided no docs showing the effective and end date or the premium - Due Diligence Vendor-xxxxxx <br> Open-Hazard Insurance Policy Partially Provided - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Full Hazard Insurance Policy provided at resubmission. - Due Diligence Vendor-xxxxxx |  |  | HAZARD INSURANCE - xxxxxx-10T120829.956.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A |
| xxxxxx | 763315 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA |  |  |
| xxxxxx | 769921 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other |  |  |
| xxxxxx | 771607 C B A | Closed | xxxxxx | 2022-05-03 13:41 | 2022-12-02 14:01 | Acknowledged | 2 - Non-Material C B | Credit | Income | Income and Employment Do Not Meet Guidelines | Acknowledged-Income and Employment Do Not Meet Guidelines GUIDELINE EXCEPTION GRANTED: EXCEPTION REQUEST FOR THE 11 INSTANCES OF OVERDRAFTS IN THE PAST 12 MONTHS. AS PER GUIDE, NO MORE THAN 5 OCCURENCES IN THE PAST 12 MONTHS.<br> COMPENSATING FACTORS NOTED: 1 DTI 16.394%; 2 LTV : 80% - Due Diligence Vendor-xxxxxx |  | Acknowledged-Income and Employment Do Not Meet Guidelines GUIDELINE EXCEPTION GRANTED: EXCEPTION REQUEST FOR THE 11 INSTANCES OF OVERDRAFTS IN THE PAST 12 MONTHS. AS PER GUIDE, NO MORE THAN 5 OCCURENCES IN THE PAST 12 MONTHS.<br> COMPENSATING FACTORS NOTED: 1 DTI 16.394%; 2 LTV : 80% - Due Diligence Vendor-xxxxxx | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 228 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 644 is Greater Than The Guideline Minimum Of 620 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 11.73% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More | 1 DTI 16.394%; 2 LTV : 80% |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 771592 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA |  |  |
| xxxxxx | 771618 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA |  |  |
| xxxxxx | 772083 C B A | Closed | xxxxxx | 2022-06-06 17:22 | 2022-06-29 09:19 | Resolved | 1 - Information C A | Credit | Eligibility | Residual Income Does Not Meet Guideline Requirements | Resolved-Residual Income Does Not Meet Guideline Requirements duplicate finding - Due Diligence Vendor-xxxxxx<br> Resolved-Residual Income Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor--xxxxxx<br> Acknowledged-Investor Exception issued for residual income less than program guideline for DTI >43%. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. - Seller--xxxxxx <br> Open-Residual Income Does Not Meet Guideline Requirements GUIDELINE EXCEPTION 1: <br> EXCEPTION REQUIRED FOR FTHB WITH CLOSING BACK-END RATIO EXCEEDING THE MAXIMUM OF 43% WITH AN ACTUAL OF 47.112% <br> GUIDELINE EXCEPTION 2: <br> EXCEPTION FOR BORROWERS NOT MEETING THE RESIDUAL INCOME REQUIREMENT WHEN THE DTI EXCEEDS 43%. <br> COMPENSATING FACTORS: <br> BORROWERS HAVE EXCELLENT CREDIT HISTORY WITH HIGH CREDIT SCORES OF 789 WHEN MINIMUM REQUIRED IS 620. VERY CONSERVATIVE <br> CREDIT UTILIZATION. STRONG SAVING ABILITY DEMONSTRATED. RESERVES AFTER CLOSING EQUAL TO TWENTY-FOUR MONTHS WHEN <br> PROGRAM REQUIRES SIX. BANK STATEMENT WORK SHEET RESULT IN MUCH HIGHER INCOME THAN WHAT BORROWER DISCLOSED ON <br> APPLICATION. BORROWER HAS LONG TERM SELF-EMPLOYMENT HISTORY. MINIMAL PAYMENT SHOCK. BUYING HOME PRESTNLY OCCUPIED. <br> BENEFIT TO BORROWER: <br> HOME PURCHASE - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Residual Income Does Not Meet Guideline Requirements duplicate finding - Due Diligence Vendor-xxxxxx <br> Resolved-Residual Income Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-xxxxxx <br> Acknowledged-Investor Exception issued for residual income less than program guideline for DTI >43%. - Due Diligence Vendor-xxxxxx  |  |  | LOAN PROGRAM EXCEPTION (44)2022040204.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 772083 C B A | Closed | xxxxxx | 2022-06-08 12:24 | 2022-06-08 12:48 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Transaction is not arm's length | Acknowledged-Investor Exception issued for gaps in 24 month housing history, including those from payments made through county assistance program. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. Exception form attached - Seller--xxxxxx <br> Counter-Non Arm's Length Transaction section of xxxxxx-xxxxxx guidelines (page xxxxxx of xxxxxx) details that a full 24 month payment history is required per program standards. File is still missing the following: <br> 1. Proof of payments made for xxxxxx, xxxxxx, and xxxxxx.<br> 2. Explanation and supporting details for amounts paid by xxxxxx County on the borrowers' behalf for xxxxxx, xxxxxx, xxxxxx, and xxxxxx. (see pages xxxxxx, xxxxxx, and xxxxxx of original upload)<br> 3. Explanation for 10/21 rent payment of only $1,200 (page xxxxxx). - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. Private BOR and Letter from landlord - Seller--xxxxxx <br> Open-Non-Arm's Length Transaction Per appraisal, transaction is non-arms length transaction. Per guidelines 24 months proof of payment required, VOR is not acceptable. Bank statements provided showing wire transfers from borrower to landlord beginning on page xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx. Located 14 months of transfers of rent. Need 24 months history. 12/1/20, 10/1/20, 5/2/22, 7/1/20, 6/1/20, 9/8/20, 8/3/20, 5/3/21, 7/1/21, 10/1/21, 11/1/21, 12/1/21, 4/1/22 were provided. - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. Exception form attached - Seller-xxxxxx<br> Ready for Review-Document Uploaded. Private BOR and Letter from landlord - Seller-xxxxxx | Acknowledged-Investor Exception issued for gaps in 24 month housing history, including those from payments made through county assistance program. - Due Diligence Vendor-xxxxxx  |  | Borrowers have excellent credit history with FICO of 789 when program requires 620; very conservative credit utilization; strong savings ability documented with reserves of 24 months post-closing when 6 are required; bank statement worksheet calculates higher income than that disclosed at application; long-term self-employed with good stability; minimal payment shock with borrower purchasing subject from current landlord | VERIFICATION OF MORTGAGE_RENT (3)2022040204.pdf<br>VERIFICATION OF MORTGAGE_RENT (4)2022040204.pdf<br>LOAN PROGRAM EXCEPTION (48).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 772083 C B A | Closed | xxxxxx | 2022-06-08 12:25 | 2022-06-08 12:47 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Investor Exception issued for gaps in 24 month housing history, including those from payments made through county assistance program. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. - Seller--xxxxxx <br> Counter-Non Arm's Length Transaction section of xxxxxx guidelines (page xxxxxx of xxxxxx) details that a full 24 month payment history is required per program standards. File is still missing the following: <br> 1. Proof of payments made for 3/22, 2/22, and 1/22.<br> 2. Explanation and supporting details for amounts paid by - xxxxxxo County on the borrowers' behalf for 9/21, 8/21, 6/21, and 12/20. (see pages xxxxxx, xxxxxx, and xxxxxx of original upload)<br> 3. Explanation for 10/21 rent payment of only $1,200 (page xxxxxx). - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. The payment history was provided and loan was downgraded from elite due to housing history - Seller--xxxxxx <br> Open-Housing History Does Not Meet Guideline Requirements Per guidelines 24 months proof of rent payment required, VOR is not acceptable. Bank statements provided showing wire transfers from borrower to landlord beginning on page xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx, xxxxxx. Located 14 months of transfers of rent. Need 24 months history. 12/1/20, 10/1/20, 5/2/22, 7/1/20, 6/1/20, 9/8/20, 8/3/20, 5/3/21, 7/1/21, 10/1/21, 11/1/21, 12/1/21, 4/1/22 were provided. - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx<br> Ready for Review-Document Uploaded. The payment history was provided and loan was downgraded from elite due to housing history - Seller-xxxxxx | Acknowledged-Investor Exception issued for gaps in 24 month housing history, including those from payments made through county assistance program. - Due Diligence Vendor-xxxxxx  |  | Borrowers have excellent credit history with FICO of 789 when program requires 620; very conservative credit utilization; strong savings ability documented with reserves of 24 months post-closing when 6 are required; bank statement worksheet calculates higher income than that disclosed at application; long-term self-employed with good stability; minimal payment shock with borrower purchasing subject from current landlord | 2022040204.msg<br>LOAN PROGRAM EXCEPTION (48).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 772083 C B A | Closed | xxxxxx | 2022-06-06 17:23 | 2022-06-07 10:10 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Investor Exception issued for DTI of 47% vs. standard of 43% (minimal final deviation in approved variance of 47.112% to 1008 of 47.256%). - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. - Seller--xxxxxx <br> Open-Audited DTI of 47.25% exceeds Guideline DTI of 43% Guideline exception form found on page 217. Exception approves DTI up to 47.112 but actual DTI is 47.25%<br> GUIDELINE EXCEPTION 1: <br> EXCEPTION REQUIRED FOR FTHB WITH CLOSING BACK-END RATIO EXCEEDING THE MAXIMUM OF 43% WITH AN ACTUAL OF 47.112% <br> GUIDELINE EXCEPTION 2: <br> EXCEPTION FOR BORROWERS NOT MEETING THE RESIDUAL INCOME REQUIREMENT WHEN THE DTI EXCEEDS 43%. <br> COMPENSATING FACTORS: <br> BORROWERS HAVE EXCELLENT CREDIT HISTORY WITH HIGH CREDIT SCORES OF 789 WHEN MINIMUM REQUIRED IS 620. VERY CONSERVATIVE <br> CREDIT UTILIZATION. STRONG SAVING ABILITY DEMONSTRATED. RESERVES AFTER CLOSING EQUAL TO TWENTY-FOUR MONTHS WHEN <br> PROGRAM REQUIRES SIX. BANK STATEMENT WORK SHEET RESULT IN MUCH HIGHER INCOME THAN WHAT BORROWER DISCLOSED ON <br> APPLICATION. BORROWER HAS LONG TERM SELF-EMPLOYMENT HISTORY. MINIMAL PAYMENT SHOCK. BUYING HOME PRESTNLY OCCUPIED. <br> BENEFIT TO BORROWER: <br> HOME PURCHASE - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Acknowledged-Investor Exception issued for DTI of 47% vs. standard of 43% (minimal final deviation in approved variance of 47.112% to 1008 of 47.256%). - Due Diligence Vendor-xxxxxx  |  | Borrowers have excellent credit history with FICO of 789 when program requires 620; very conservative credit utilization; strong savings ability documented with reserves of 24 months post-closing when 6 are required; bank statement worksheet calculates higher income than that disclosed at application; long-term self-employed with good stability; minimal payment shock with borrower purchasing subject from current landlord | LOAN PROGRAM EXCEPTION (44)2022040204.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-17 11:07 | 2022-06-17 11:49 | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | The Final 1003 is Missing | Resolved-Final 1003 provided at resubmission. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. SIGNED FINAL 1003 - Seller--xxxxxx <br> Counter-1003 provided is not signed- please provide all pages to fully executed application signed by all borrowers at the time of closing. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Counter-Final, executed 1003 was not included in original package or 70 page resubmission- please provide. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx <br> Open-The Final 1003 is Missing - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. SIGNED FINAL 1003 - Seller-xxxxxx<br> Ready for Review-Document Uploaded. - Seller-xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-Final 1003 provided at resubmission. - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf<br>DD 1003 2022040104.pdf<br>FINAL 1003 - ALL PAGES (46).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:13 | 2022-06-16 13:03 | Resolved | 1 - Information D A | Compliance | Missing Doc - CD | TRID: Missing Final Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided. \*\*received Final CD - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx<br> Open-Missing the final closing disclosure in file, Lender needs to provide. (Unable to decipher close date due to missing Deed and Note) - Due Diligence Vendor--xxxxxx<br> Open-TRID: Missing Final Closing Disclosure - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-TRID: Final Closing Disclosure Provided. \*\*received Final CD - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:11 | 2022-06-16 12:48 | Resolved | 1 - Information B A | Compliance | Missing Doc - Federal Disclosure | Initial Escrow Account Disclosure is Missing | Resolved-Initial Escrow Account Disclosure is Resolved. \*\*Received IEAD - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS - Seller--xxxxxx<br> Open-Initial Escrow Account Disclosure is Missing - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS - Seller-xxxxxx | Resolved-Initial Escrow Account Disclosure is Resolved. \*\*Received IEAD - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:14 | 2022-06-16 12:48 | Resolved | 1 - Information D A | Compliance | Missing Doc - ROR | Right of Rescission is Missing | Resolved-Right of Rescission is Provided. \*\*Received executed NORTC - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx<br> Open-Right of Rescission is Missing - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-Right of Rescission is Provided. \*\*Received executed NORTC - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:14 | 2022-06-16 12:24 | Resolved | 1 - Information C A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Confirmed net proceeds of $41,932.17 per Final CD provided at resubmission, which exceeds minimum reserve requirement of 6 months' PITIA, or $21,201.72- item resolved. - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx<br> Open-Missing final CD to determine cash out for reserves - Due Diligence Vendor--xxxxxx<br> Open-Audited Reserves of are less than Guideline Required Reserves of 6 - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-Confirmed net proceeds of $41,932.17 per Final CD provided at resubmission, which exceeds minimum reserve requirement of 6 months' PITIA, or $21,201.72- item resolved. - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:12 | 2022-06-16 12:20 | Resolved | 1 - Information C A | Credit | Insurance | Hazard Insurance Expiration Date is before the Note Date | Resolved-Confirmed policy was in effect at time of settlement per closing documents provided at resubmission. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS - Seller--xxxxxx<br> Open-Note is missing from file - Due Diligence Vendor--xxxxxx<br> Open-Hazard Insurance Expiration Date of xxxxxxis prior to or equal to the Note Date of null - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS - Seller-xxxxxx | Resolved-Confirmed policy was in effect at time of settlement per closing documents provided at resubmission. - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:13 | 2022-06-16 12:03 | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | The Deed of Trust is Missing | Resolved-The Deed of Trust is Present. \*\*received DOT - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx<br> Open-The Deed of Trust is Missing Deed of trust missing / no info - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-The Deed of Trust is Present. \*\*received DOT - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-15 13:14 | 2022-06-16 12:00 | Resolved | 1 - Information D A | Compliance | Missing Doc - Closing Package | The Note is Missing | Resolved-The Note is Present. \*\*Received Note - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller--xxxxxx<br> Open-The Note is Missing NOTE MISSING / NO INFO - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. CD NOTE APPRAISAL RIGHT TO CANCEL DDED OF TRUST ALL NEEDED TO CLEAR ALL CONDITIONS INSURANCE - Seller-xxxxxx | Resolved-The Note is Present. \*\*Received Note - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 772086 D A C | Closed | xxxxxx | 2022-06-09 16:23 | 2022-06-10 09:00 | Resolved | 1 - Information D A | Property | Missing Doc - Appraisal | Appraisal is Missing | Resolved-\*\*\*Received full appraisal. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Appraisal is Missing appraisal missing - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-\*\*\*Received full appraisal. - Due Diligence Vendor-xxxxxx  | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 15.32% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Missing appraisal<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Missing appraisal |  | 2022040104.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 773167 C B A | Closed | xxxxxx | 2022-06-06 17:41 | 2022-06-07 07:42 | Acknowledged | 2 - Non-Material C B | Property | Property Issue | Neighborhood Location Not Allowed for Program | Acknowledged-Investor Exception issued for property located in a Rural neighborhood per appraisal. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. Exception granted - Seller--xxxxxx<br> Open-Exception PG xxxxxx for property located in a rural neighborhood. - Due Diligence Vendor--xxxxxx <br> Open-Primary Value Valuation Neighborhood Location Not Allowed for Program - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. Exception granted - Seller-xxxxxx | Acknowledged-Investor Exception issued for property located in a Rural neighborhood per appraisal. - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 28.93 Are Greater Than The Guideline Minimum Of 3 By Six (6) Or More Months<br>Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 648 is Greater Than The Guideline Minimum Of 620 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 42.98% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More | Subject is non-income producing and conforms to the neighborhood; marketing time is under three months and area is built up over 75%; no physical deficiencies or adverse conditions noted; neighborhood conforms to residential zoning; long term ownership stability; seven comparable sales within 1.05 miles of the property | LOAN PROGRAM EXCEPTION (46)2022050018.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 773174 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 773172 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other |  |  |
| xxxxxx | 773173 C B A | Closed | xxxxxx | 2022-06-09 12:42 | 2022-06-14 11:58 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Lender approved exception for DTI greater than 43% with compensating factors. - Due Diligence Vendor--xxxxxx<br> Acknowledged-Audited DTI of 48.97% exceeds Guideline DTI of 43% Borrower is a first time home buyer so the maximum allowed DTI is 43%. Guideline exception form present on page xxxxxx - Due Diligence Vendor--xxxxxx |  | Acknowledged-Lender approved exception for DTI greater than 43% with compensating factors. - Due Diligence Vendor-xxxxxx <br> Acknowledged-Audited DTI of 48.97% exceeds Guideline DTI of 43% Borrower is a first time home buyer so the maximum allowed DTI is 43%. Guideline exception form present on page 218 - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 19.82 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months | Verified assets are enough to cover funds to close; FICO is 4pts higher than required for file LTV |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 773171 D A | Closed | xxxxxx | 2022-06-15 18:22 | 2022-06-22 11:23 | Resolved | 1 - Information D A | Compliance | Missing Doc - State Disclosure | Attorney Preference Letter missing or unexecuted | Resolved-Right To Choose Attorney or Attorney Preference Resolved or Not Applicable - Due Diligence Vendor--xxxxxx <br> Counter-Document Uploaded. - Due Diligence Vendor--xxxxxx<br> Counter-\*\*\*Document provided appears to be POA for seller. Please provide Right to Choose Attorney provided to the borrower. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Right To Choose Attorney or Attorney Preference Not In File - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Right To Choose Attorney or Attorney Preference Resolved or Not Applicable - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 12.51 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.3% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More |  | 2022040003 xxxxxx.pdf<br> xxxxxx-001.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 773166 A B | Closed | xxxxxx | 2022-06-16 12:52 | 2022-12-06 17:27 | Acknowledged | 2 - Non-Material A B | Property | Property Issue | Condo project is ineligible | Acknowledged-Condo is non-warrantable due to active litigation against the project. File contains a Liability Denial Letter from the HOA Insurance dated - xxxxxx to support there is no liability to the subject unit or our borrower. Lender provided guideline exception allowing for the condo project. - Due Diligence Vendor-xxxxxx |  | Acknowledged-Condo is non-warrantable due to active litigation against the project. File contains a Liability Denial Letter from the HOA Insurance dated 9/21 to support there is no liability to the subject unit or our borrower. Lender provided guideline exception allowing for the condo project. - Due Diligence Vendor-xxxxxx  |  | Borrower has been self-employed for more than 17 Years with stable income; The location is in a Suburban area, built up is over 75% Increasing property values with stable of demand/supply,<br> marketing time under 3 months; Reserves of 14 months when the program only requires 6 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 773166 A B | Closed | xxxxxx | 2022-06-16 12:51 | 2022-06-29 10:01 | Resolved | 1 - Information A | Credit | Eligibility | Residual Income Does Not Meet Guideline Requirements | Resolved-Residual Income Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-xxxxxx<br> Acknowledged-Investor Exception issued for minimum residual income less than program requirement of $2,500. - Due Diligence Vendor--xxxxxx |  | Resolved-Residual Income Meets Guideline Requirements Or Not Applicable - Due Diligence Vendor-xxxxxx <br> Acknowledged-Investor Exception issued for minimum residual income less than program requirement of $2,500. - Due Diligence Vendor-xxxxxx  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A |
| xxxxxx | 773196 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Borrower Initiated |  |  |
| xxxxxx | 773163 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other |  |  |
| xxxxxx | 773200 C A | Closed | xxxxxx | 2022-06-15 17:34 | 2022-06-16 17:35 | Resolved | 1 - Information C A | Compliance | TRID | Final CD: Disbursement Date is missing or inaccurate | Resolved-received Final Settlement Statement. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. Final settlement showing deposit - Seller--xxxxxx<br> Open-Final CD don't reflect the $50,000 deposit borrower paid. The dates on final are different from the DEED and note. The Deposit was added to Tower. The taxes amount on CD is different from Tax Cert - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. Final settlement showing deposit - Seller-xxxxxx | Resolved-received Final Settlement Statement. - Due Diligence Vendor-xxxxxx  | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 748 is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points |  | final settlement.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A |
| xxxxxx | 773201 C B A | Closed | xxxxxx | 2022-06-16 16:21 | 2022-06-17 12:29 | Acknowledged | 2 - Non-Material C B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Acknowledged-Investor Exception issued to use 50% of business fund balance for the transaction. Guideline requires the borrower be the majority stakeholder, however total ownership is half. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. This is signed please review - Seller--xxxxxx <br> Open-Asset 1 Does Not Meet Guideline Requirements Guideline exception form in file, see page xxxxxx. Guideline exception form is unsigned by a team leader or manager. Please provide signed copy allowing the use of business funds for closing costs & reserves from account #-xxxxxx.<br>GUIDELINE EXCEPTION 1: <br> EXCEPTION REQUIRED TO USE 50% BUSINESS FUNDS FROM THE - xxxxxx BUSINESS BANK ACCOUNT #-xxxxxx, DUE TO<br> THE BORROWER NOT MEETING THE MINIMUM OF 51% COMBINED OWNERSHIP OF THE BUSINESS.<br>COMPENSATING FACTORS: <br> RESERVES EXCEED THE MINIMUM 2 MONTHS REQUIRED BY 5 MONTHS. <br> THE BORROWER'S OWN FUNDS CONTRIBUTION EXCEEDS THE MINIMUM REQUIRED OF 5% BY 27.17%E B <br> THE BORROWER'S FICO SCORE OF 688 EXCEEDS THE MINIMUM FICO SCORE REQUIRED FOR THE PROGRAM QUALIFICATION BY 48 <br> POINTS. - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. This is signed please review - Seller-xxxxxx | Acknowledged-Investor Exception issued to use 50% of business fund balance for the transaction. Guideline requires the borrower be the majority stakeholder, however total ownership is half. - Due Diligence Vendor-xxxxxx  | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 688 is Greater Than The Guideline Minimum Of 660 By Twenty (20) or More Points | Reserves exceed the minimum 2 months by 5; the borrower's own-funds contribution exceeds the minimum required of 5% by 27.17%; FICO of 688 exceeds the minimum for program by 48 points | LOAN PROGRAM EXCEPTION (53).pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A |
| xxxxxx | 773197 B A | Closed | xxxxxx | 2022-06-14 16:11 | 2022-12-02 14:53 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. - xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG 415 granting for LTV/CL - Due Diligence Vendor--xxxxxx<br> Open-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. - xxxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG 415 granting for LTV/CLTV and no 12-months housing history (rent free) - Due Diligence Vendor--xxxxxx<br> Open-Audited HCLTV of 58.21% exceeds Guideline HCLTV of 55% - Due Diligence Vendor--xxxxxx |  | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG xxxxxx granting for LTV/CL - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Per guideline PG 346, No reserved for FICO => 680, LTV/CLTV <= 65% and loan amount <= $1,000,000 which loan met requirements. | 1. Subject Property will have a remaining Equity of 40% or $156,000.00<br> 2. 11- Months Reserves Post-Closing<br> 3. Subject Property is located in a Suburb with over 75% Built-up; with Increasing Values and Marketing time of 3 months<br> 4. DSCR of 1.12 |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes |
| xxxxxx | 773197 B A | Closed | xxxxxx | 2022-06-14 16:11 | 2022-12-02 14:53 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. - xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG 415 granting for LTV/CL - Due Diligence Vendor--xxxxxx<br> Open-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. - xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG 415 granting for LTV/CLTV and no 12-months housing history (rent free) - Due Diligence Vendor--xxxxxx<br> Open-Audited CLTV of 58.21% exceeds Guideline CLTV of 55% - Due Diligence Vendor--xxxxxx |  | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG xxxxxx granting for LTV/CL - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Per guideline PG 346, No reserved for FICO => 680, LTV/CLTV <= 65% and loan amount <= $1,000,000 which loan met requirements. | 1. Subject Property will have a remaining Equity of 40% or $156,000.00<br> 2. 11- Months Reserves Post-Closing<br> 3. Subject Property is located in a Suburb with over 75% Built-up; with Increasing Values and Marketing time of 3 months<br> 4. DSCR of 1.12 |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes |
| xxxxxx | 773197 B A | Closed | xxxxxx | 2022-06-14 16:11 | 2022-12-02 14:52 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction.-xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG xxxxxx granting for LTV/CL - Due Diligence Vendor--xxxxxx<br> Open-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. - xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG xxxxxx granting for LTV/CLTV and no 12-months housing history (rent free) - Due Diligence Vendor--xxxxxx<br> Open-Audited LTV of 58.21% exceeds Guideline LTV of 55% - Due Diligence Vendor-xxxxxx |  | Acknowledged-Max LTV is 75% for First Time Investor , FICO score 680. It is also unleased property hence 5% reduction. xxxxxx underwriter also have 15% reduction (case by case) which results in 55% max LTV and lender have exception on PG xxxxxx granting for LTV/CL - Due Diligence Vendor-xxxxxx  | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Per guideline PG 346, No reserved for FICO => 680, LTV/CLTV <= 65% and loan amount <= $1,000,000 which loan met requirements. | 1. Subject Property will have a remaining Equity of 40% or $156,000.00<br> 2. 11- Months Reserves Post-Closing<br> 3. Subject Property is located in a Suburb with over 75% Built-up; with Increasing Values and Marketing time of 3 months<br> 4. DSCR of 1.12 |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Pre-Close | Yes |
| xxxxxx | 773178 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Refinance | Cash Out - Other |  |  |
| xxxxxx | 773169 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 773179 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 773176 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 774026 C B A | Closed | xxxxxx | 2022-07-07 10:02 | 2022-07-11 09:41 | Acknowledged | 2 - Non-Material C B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Acknowledged-Asset Qualification Does Not Meet Guideline Requirements Exception granted to use 100% of the business asset while the business ownership is 50% only. Per guidelines, the amount of funds that may be utilized is based on the Applicant's percentage of ownership. Letter from Business Partner confirmed that borrower has 100% access to the business.<br> Guideline exception form on page xxxxxx<br> - Due Diligence Vendor--xxxxxx |  | Acknowledged-Asset Qualification Does Not Meet Guideline Requirements Exception granted to use 100% of the business asset while the business ownership is 50% only. Per guidelines, the amount of funds that may be utilized is based on the Applicant's percentage of ownership. Letter from Business Partner confirmed that borrower has 100% access to the business.<br> Guideline exception form on page xxxxxx<br> - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 745 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 20.31% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15 Years | LTV is 80%, max allowed up to 85%<br> DTI is 21.549%, max allowed 50%.<br> Reserves is 20.31 months, minimum required is 6 months.  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 774026 C B A | Closed | xxxxxx | 2022-07-07 09:37 | 2022-07-11 09:41 | Acknowledged | 2 - Non-Material C B | Credit | Income | Income and Employment Do Not Meet Guidelines | Acknowledged-Income and Employment Do Not Meet Guidelines Exception granted for business ownership being exactly 50%, guideline requires >50% and for the use of the 24-BS average (xxxxxx) as large deposit threshold. Guideline states to use 50% of the qualifying income.<br> Guideline exception form on page xxxxxx - Due Diligence Vendor--xxxxxx |  | Acknowledged-Income and Employment Do Not Meet Guidelines Exception granted for business ownership being exactly 50%, guideline requires >50% and for the use of the 24-BS average (xxxxxx) as large deposit threshold. Guideline states to use 50% of the qualifying income.<br> Guideline exception form on page xxxxxx - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 745 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 20.31% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 15 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15 Years | LTV is 80%, max allowed up to 85%<br> DTI is 21.549%, max allowed 50%.<br> Reserves is 20.31 months, minimum required is 6 months |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775532 D B A | Closed | xxxxxx | 2022-07-20 09:55 | 2022-08-05 10:58 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Trade line count does not meet program requirements | Acknowledged-Per guidelines, each applicant must have three trade lines and a credit history covering 24 months. Guideline exception granted (page xxxxxx) for borrower's number of tradelines of 2 not meeting the minimum required of 3 tradelines. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Per guidelines, each applicant must have three trade lines and a credit history covering 24 months. Guideline exception granted (page xxxxxx) for borrower's number of tradelines of 2 not meeting the minimum required of 3 tradelines. - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 9.12% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 734 is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points | 1. Borrower has more than enough funds for closing costs and reserves.<br> 2. DTI is 9.065%<br> 3. FICO is 734 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775532 D B A | Closed | xxxxxx | 2022-07-20 09:21 | 2022-08-05 10:58 | Acknowledged | 2 - Non-Material D B | Credit | Missing Doc - Credit | Borrower 1 Citizenship Documentation Not Provided | Acknowledged-Borrower 1 Citizenship Documentation Is Missing Per guidelines, visa provided must be current and may not expire for a minimum of 2 years following the close date. Guideline exception form on page xxxxxx allowing the use of Notice I-797 (page xxxxxx) instead of actual visa and allowing an expiry date of xxxxxx which is less than 2 years from the closing date. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Borrower 1 Citizenship Documentation Is Missing Per guidelines, visa provided must be current and may not expire for a minimum of 2 years following the close date. Guideline exception form on page xxxxxx allowing the use of Notice I-797 (page xxxxxx) instead of actual visa and allowing an expiry date of xxxxxx which is less than 2 years from the closing date. - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 9.12% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 734 is Greater Than The Guideline Minimum Of 700 By Twenty (20) or More Points | 1. Borrower has more than enough funds for closing costs and reserves.<br> 2. DTI is 9.065%<br> 3. FICO is 734 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775543 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 775561 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA |  |  |
| xxxxxx | 775554 B A | Closed | xxxxxx | 2022-08-05 13:19 | 2022-12-02 14:55 | Acknowledged | 2 - Non-Material B | Credit | Borrower | Borrower Identification Documentation Missing | Acknowledged-Exception granted due to co borrower cant provide unexpired passport bas submitted extension receipt instead - Due Diligence Vendor--xxxxxx |  | Acknowledged-Exception granted due to co borrower cant provide unexpired passport bas submitted extension receipt instead - Due Diligence Vendor-xxxxxx | Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12 Years<br>Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals null | 1. INCOME IS DSCR, DSCR RATIO IS 1.76.<br> 2. LTV A 37.50%, 22.50% LOWER THAN THE MAXIMUM LTV REQUIREMENT<br> 3. ZERO PAYMENT SHOCK, THIS IS A REFINANCE TRANSACTION |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 775554 B A | Closed | xxxxxx | 2022-08-05 13:21 | 2022-12-02 14:55 | Acknowledged | 2 - Non-Material B | Credit | Borrower | Borrower Identification Documentation Partially Provided | Acknowledged-Borrowers are asylum seeker, EAD provided with code CO8 that will expire on xxxxxx. However borrowers cannot provide asylum approval document yet. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Borrowers are asylum seeker, EAD provided with code CO8 that will expire on xxxxxx. However borrowers cannot provide asylum approval document yet. - Due Diligence Vendor-xxxxxx | Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 12 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 12 Years<br>Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals null | 1. INCOME IS DSCR, DSCR RATIO IS 1.76.<br> 2. LTV A 37.50%, 22.50% LOWER THAN THE MAXIMUM LTV REQUIREMENT<br> 3. ZERO PAYMENT SHOCK, THIS IS A REFINANCE TRANSACTION |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 775555 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other |  |  |
| xxxxxx | 775538 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other |  |  |
| xxxxxx | 775539 D A | Closed | xxxxxx | 2022-07-26 11:36 | 2022-08-09 09:07 | Resolved | 1 - Information D A | Compliance | Missing Doc - CD | TRID: Missing Final Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Due Diligence Vendor--xxxxxx<br> Open-TRID: Missing Final Closing Disclosure \*\*\*\*The final CD is missing page 5 listing the loan calculation breakdown. The Revised CD dated 7/7/22 was utilized in its place for Compliance/TRID review. - Due Diligence Vendor--xxxxxx |  | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 756 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 72.08% Is Below The Guideline Maximum Of 75% By Ten Percent (10%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 18 Years<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 72.08% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More |  | 2022060063 post closing cd.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 775546 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 775542 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 775535 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:21 | 2022-07-25 10:21 | Acknowledged | 2 - Non-Material B | Credit | Income | Income/Employment General | Acknowledged-Exception granted to allow the number of occurrences of NSF's to exceed the maximum allowed per guidelines of 5 occurrences. - xxxxxx bank account #-xxxxxx has 14 instances of NSF. July 2021 – 1, August 2021 – 2, January 2022 - 3, March 2022 – 1, April 2022 – 5 & May 2022 – 2 - Due Diligence Vendor--xxxxxx |  | Acknowledged-Exception granted to allow the number of occurrences of NSF's to exceed the maximum allowed per guidelines of 5 occurrences. xxxxxx bank account #xxxxxx has 14 instances of NSF. July 2021 – 1, August 2021 – 2, January 2022 - 3, March 2022 – 1, April 2022 – 5 & May 2022 – 2 - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:03 | 2022-07-25 10:18 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Payment Shock Does Not Meet Guideline Requirements | Acknowledged-Payment Shock Does Not Meet Guideline Requirements Payment shock of 470.9% ($4,473.79/$950\*100) exceeds maximum allowed per guidelines of 300%. Guideline exception granted (page 241). - Due Diligence Vendor--xxxxxx |  | Acknowledged-Payment Shock Does Not Meet Guideline Requirements Payment shock of 470.9% ($4,473.79/$950\*100) exceeds maximum allowed per guidelines of 300%. Guideline exception granted (page xxxxxx). - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:08 | 2022-07-25 10:15 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Acknowledged-Audited LTV of 85% exceeds Guideline LTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed LTV of 80%. Guideline exception granted (page 241). - Due Diligence Vendor--xxxxxx |  | Acknowledged-Audited LTV of 85% exceeds Guideline LTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed LTV of 80%. Guideline exception granted (page 241). - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:08 | 2022-07-25 10:15 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Acknowledged-Audited CLTV of 85% exceeds Guideline CLTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed CLTV of 80%. Guideline exception granted (page 241). - Due Diligence Vendor--xxxxxx |  | Acknowledged-Audited CLTV of 85% exceeds Guideline CLTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed CLTV of 80%. Guideline exception granted (page xxxxxx). - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:01 | 2022-07-25 10:14 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Housing History Does Not Meet Guideline Requirements Exception granted for borrower paying cash on rent for July 2021, August 2021, September 2021 & October 2021 (page xxxxx). Letter of explanation on page xxxxxx<br> - Due Diligence Vendor--xxxxxx |  | Acknowledged-Housing History Does Not Meet Guideline Requirements Exception granted for borrower paying cash on rent for July 2021, August 2021, September 2021 & October 2021 (page xxxxxx). Letter of explanation on page xxxxxx<br> - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775531 B A | Closed | xxxxxx | 2022-07-25 10:08 | 2022-07-25 10:14 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Acknowledged-Audited HCLTV of 85% exceeds Guideline HCLTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed HCLTV of 80%. Guideline exception granted (page 241). - Due Diligence Vendor-xxxxxx |  | Acknowledged-Audited HCLTV of 85% exceeds Guideline HCLTV of 80% Borrower is a FTHB with the latest 12 months rental history showing 0x30x12, so a 5% reduction in LTV/CLTV from the matrix resulting in a maximum allowed HCLTV of 80%. Guideline exception granted (page xxxxxx). - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 14.1% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 20 Years | • FICO is 57 points higher than the minimum of 620.<br> • DTI is only 8.760% when the max is 50%.<br> • Borrower has residual income of $50,301.58 when the program do not require residual income. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 16:04 | 2022-08-02 08:44 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Asset do not meet guidelines | Acknowledged-EXCEPTION APPROVAL TO REDUCE THE 6 MONTHS RESERVES REQUIRED TO 5 MONTHS. - Due Diligence Vendor--xxxxxx <br> Ready for Review-Document Uploaded. - Seller--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Acknowledged-EXCEPTION APPROVAL TO REDUCE THE 6 MONTHS RESERVES REQUIRED TO 5 MONTHS. - Due Diligence Vendor-xxxxxx |  | BORROWER RESIDUAL INCOME OF $14,231.42 EXCEEDS THE MINIMUM AMOUNT REQUIRED OF $2,500.00; <br> PAYMENT SHOCK OF 123.80% LESS THAN THE MAX ALLOWED AMOUNT OF 300%; THE BORROWERS OWN FUNDS CONTRIBUTION EXCEEDS THE 5% AMOUNT REQUIRED | LOAN PROGRAM EXCEPTION (69).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 12:58 | 2022-08-02 08:42 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Audited CLTV Exceeds Guideline CLTV | Acknowledged-EXCEPTION APPROVAL IS REQUIRED TO KEEP LTV/CLTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX LTV FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Audited CLTV of 75% exceeds Guideline CLTV of 70% - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Acknowledged-EXCEPTION APPROVAL IS REQUIRED TO KEEP LTV/CLTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX LTV FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor-xxxxxx |  | BORROWER RESIDUAL INCOME OF $14,231.42 EXCEEDS THE MINIMUM AMOUNT REQUIRED OF $2,500.00; PAYMENT SHOCK OF 123.80% LESS THAN THE MAX ALLOWED AMOUNT OF 300%; THE BORROWERS OWN FUNDS CONTRIBUTION EXCEEDS THE 5% AMOUNT REQUIRED | LOAN PROGRAM EXCEPTION (69).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 12:58 | 2022-08-02 08:41 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited HCLTV Exceeds Guideline HCLTV | Acknowledged-EXCEPTION APPROVAL IS REQUIRED TO KEEP LTV/CLTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION APPROVAL IS REQUIRED TO KEEP LTV/CLTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor-xxxxxx |  | BORROWER RESIDUAL INCOME OF $14,231.42 EXCEEDS THE MINIMUM AMOUNT REQUIRED OF $2,500.00; PAYMENT SHOCK OF 123.80% LESS THAN THE MAX ALLOWED AMOUNT OF 300%; THE BORROWERS OWN FUNDS CONTRIBUTION EXCEEDS THE 5% AMOUNT REQUIRED |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 15:58 | 2022-08-02 08:40 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-EXCEPTION APPROVAL REQUIRED DUE TO THE BORROWER HAVING INCOMPLETE HOUSING HISTORY; BORROWER PAYS RENT IN CASH. - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION APPROVAL REQUIRED DUE TO THE BORROWER HAVING INCOMPLETE HOUSING HISTORY; BORROWER PAYS RENT IN CASH. - Due Diligence Vendor-xxxxxx |  | BORROWER RESIDUAL INCOME OF $14,231.42 EXCEEDS THE MINIMUM AMOUNT REQUIRED OF $2,500.00;<br> PAYMENT SHOCK OF 123.80% LESS THAN THE MAX ALLOWED AMOUNT OF 300%; THE BORROWERS OWN FUNDS CONTRIBUTION EXCEEDS THE 5% AMOUNT REQUIRED |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 12:58 | 2022-08-02 08:40 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Acknowledged-EXCEPTION APPROVAL REQUIRED TO KEEP LTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX LTV FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION APPROVAL REQUIRED TO KEEP LTV AT 75%, GUIDELINE REQUIREMENT IS 70% MAX LTV FOR BORROWERS WITH INCOMPLETE RENTAL HISTORY. - Due Diligence Vendor-xxxxxx |  | BORROWER RESIDUAL INCOME OF $14,231.42 EXCEEDS THE MINIMUM AMOUNT REQUIRED OF $2,500.00; PAYMENT SHOCK OF 123.80% LESS THAN THE MAX ALLOWED AMOUNT OF 300%; THE BORROWERS OWN FUNDS CONTRIBUTION EXCEEDS THE 5% AMOUNT REQUIRED |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| xxxxxx | 775745 D B A | Closed | xxxxxx | 2022-07-28 11:58 | 2022-08-02 08:24 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report provided at resubmission. High Risk Flags were addressed including income which was validated according to program guidelines. Explanation provided for additional mortgage inquiries in file. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Third Party Fraud Report provided at resubmission. High Risk Flags were addressed including income which was validated according to program guidelines. Explanation provided for additional mortgage inquiries in file. - Due Diligence Vendor-xxxxxx |  |  | DRIVE REPORT (19).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 775534 C B A | Closed | FCRE1441 | 2022-07-28 15:19 | 2022-08-04 14:17 | Resolved | 1 - Information C A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Further review, Audited DTI of 38.38% after adding xxxxxx Auto payment does not exceed guidelines of 43%. Credit supplement received is sufficient to resolve finding. - Due Diligence Vendor--xxxxxx<br> Ready for Review-<br> No exception or action required on this loan. xxxxxx loan was included in ratio using monthly payment of $1962 which is 5% of the total balance ($39238).<br> - Seller--xxxxxx<br> Counter-Addition of a 5% payment for this liability to qualifying ratios, which brings debt ratio >3% from the approved 35.63% for the Policy Exception. Please provide revised Exception form with updated DTI including this outstanding collection account in ratios. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Review the liabilities this account for - xxxxxx was added to the DTI ratio - Seller--xxxxxx<br> Counter-Credit supplement provided reflects removal of three of the four accounts listed, however still need verification that Collection with - xxxxxx for $39,238 has been removed, or will need validation of payoff. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. This was submitted in original file please clear the loan - Seller--xxxxxx<br> Open-Delinquent Credit History Does Not Meet Guideline Requirements Per LOE pg xxxxxx--xxxxxx,-xxxxxx, - xxxxxx and - xxxxxx are all fraudulent accts and are being removed from credit report. No documents in file to support this being removed. - Due Diligence Vendor--xxxxxx | Ready for Review-<br> No exception or action required on this loan. xxxxxxloan was included in ratio using monthly payment of $1962 which is 5% of the total balance ($39238).<br> - Seller-xxxxxx<br> Ready for Review-Review the liabilities this account for xxxxxx was added to the DTI ratio - Seller-xxxxxx<br> Ready for Review-Document Uploaded. This was submitted in original file please clear the loan - Seller-xxxxxx | Resolved-Further review, Audited DTI of 38.38% after adding xxxxxx Auto payment does not exceed guidelines of 43%. Credit supplement received is sufficient to resolve finding. - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 33.15% Is Less Than The Guideline Maximum Of 55% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.07 Years |  | CREDIT SUPPLEMENT (6).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 775534 C B A | Closed | FCRE1440 | 2022-07-28 15:19 | 2022-08-02 11:00 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Investor Exception issued for Housing History Outside of Guidelines; payments were made in cash. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Investor Exception issued for Housing History Outside of Guidelines; payments were made in cash. - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 33.15% Is Less Than The Guideline Maximum Of 55% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 8.07 Years | DTI is 35%; No public record or bankruptcies; Borrower is self-employed for more than 8 years with stable income |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775750 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 776204 B A | Closed | FCRE1440 | 2022-07-29 17:42 | 2022-07-29 17:42 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Housing History Does Not Meet Guideline Requirements GUIDELINE EXCEPTION 1:<br> TO USE VOR IN LIEU OF LEASE AGREEMENT AND 12 MOS. CANCELLED CHECK - Due Diligence Vendor--xxxxxx |  | Acknowledged-Housing History Does Not Meet Guideline Requirements GUIDELINE EXCEPTION 1:<br> TO USE VOR IN LIEU OF LEASE AGREEMENT AND 12 MOS. CANCELLED CHECK - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 44.52% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6 Years | COMPENSATING FACTORS:<br> 1. FICO of 673 which is 53 points more than what is required (620)<br> 2. Payment shock of 207.299%<br> 3. Property is located in suburban, increasing property values and marketing time under 3 months. C3 |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| xxxxxx | 775753 D B A | Closed | FCRE4678 | 2022-08-03 19:07 | 2022-08-03 19:09 | Acknowledged | 2 - Non-Material A B | Credit | Eligibility | Payment Shock Does Not Meet Guideline Requirements | Acknowledged-Payment shock exceeds the max allowed for the program of 300%. Payment shock is 835% - Due Diligence Vendor--xxxxxx |  | Acknowledged-Payment shock exceeds the max allowed for the program of 300%. Payment shock is 835% - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 777 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.63% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 80% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9 Years | FICO is 777 with no past-due accounts, no bankruptcies or public records; Borrower has 7.45 months reserves; Borrower has been self-employed for 20 years with stable income |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775753 D B A | Closed | FCRE1468 | 2022-07-29 12:45 | 2022-08-03 14:33 | Resolved | 1 - Information D A | Credit | Missing Doc - Assets | Asset 2 Missing | Resolved-Three months' statements provided for both accounts used to qualify. - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Asset 2 Missing Missing 2 months bank statements for - xxxxxx saving account #-xxxxxx - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Three months' statements provided for both accounts used to qualify. - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 777 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.63% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 80% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9 Years |  | BANK STATEMENTS (11).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 775753 D B A | Closed | FCRE1467 | 2022-07-29 12:45 | 2022-08-03 14:33 | Resolved | 1 - Information D A | Credit | Missing Doc - Assets | Asset 1 Missing | Resolved-Three months' statements provided for both accounts used to qualify. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Asset 1 Missing Missing 2 months bank statements for - xxxxxx checking account #-xxxxxx - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Three months' statements provided for both accounts used to qualify. - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 777 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 41.63% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 80% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 20 Years<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 9 Years |  | BANK STATEMENTS (10).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 776205 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 776209 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 776225 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA |  |  |
| xxxxxx | 775748 A B | Closed | FCRE7375 | 2022-08-03 19:02 | 2022-08-03 19:02 | Acknowledged | 2 - Non-Material A B | Credit | Borrower | Citizenship Does Not Meet Guideline Requirements | Acknowledged-EXCEPTION REQUIRED TO ALLOW NON-PERMANENT RESIDENT ALIEN BORROWER TO CLOSE PURCHASE TRANSACTION USING VALID PASSPORT FROM COUNTRY OF ORIGIN. VISA FROM U.S.A. ENTRY WITH K-1 TYPE FOR ONE-TIME ENTRY TO MARRY FIANCE. MARRIAGE CERTIFICATE IN FILE. BORROWER CURRENTLY HAS HOMELAND SECURITY-ISSUED EMPLOYMENT AUTHORIZATION, VALID SOCIAL SECURITY NUMBER, AND VERIFIED APPLICATION FOR PERMANENT RESIDENCY STATUS ADJUSTMENT CASE REPRESENTED BY ATTORNEY. - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION REQUIRED TO ALLOW NON-PERMANENT RESIDENT ALIEN BORROWER TO CLOSE PURCHASE TRANSACTION USING VALID PASSPORT FROM COUNTRY OF ORIGIN. VISA FROM U.S.A. ENTRY WITH K-1 TYPE FOR ONE-TIME ENTRY TO MARRY FIANCE. MARRIAGE CERTIFICATE IN FILE. BORROWER CURRENTLY HAS HOMELAND SECURITY-ISSUED EMPLOYMENT AUTHORIZATION, VALID SOCIAL SECURITY NUMBER, AND VERIFIED APPLICATION FOR PERMANENT RESIDENCY STATUS ADJUSTMENT CASE REPRESENTED BY ATTORNEY. - Due Diligence Vendor-xxxxxx |  | BORROWER HAS LIMITED BUT GOOD CREDIT WITH LONGEST RATINGS AT 17, 18 AND 16 MONTHS, USED CONSERVATIVELY; BORROWER HAS OPERATED BUSINESS SINCE 2017 IN COUNTRY OF ORIGIN AND IN THE U.S. SINCE IMMIGRATING FEB 2020; EXCELLENT SAVINGS ABILITY DEMONSTRATED WITH 17 MOS. RESERVES; REASONABLE PAYMENT SHOCK OF 146% |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 775748 A B | Closed | FCRE1493 | 2022-08-03 19:01 | 2022-08-03 19:01 | Acknowledged | 2 - Non-Material A B | Credit | Eligibility | Trade line count does not meet program requirements | Acknowledged-EXCEPTION REQUIRED FOR APPLICANT NOT MEETING THE MINIMUM TRADE LINES REQUIREMENT OF THREE TRADE LINES WITH A CREDIT RATING COVERING 24 MONTHS. (ALL OPENED IN 2021 AND 2022) - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION REQUIRED FOR APPLICANT NOT MEETING THE MINIMUM TRADE LINES REQUIREMENT OF THREE TRADE LINES WITH A CREDIT RATING COVERING 24 MONTHS. (ALL OPENED IN 2021 AND 2022) - Due Diligence Vendor-xxxxxx |  | BORROWER HAS LIMITED BUT GOOD CREDIT WITH LONGEST RATINGS AT 17, 18 AND 16 MONTHS, USED CONSERVATIVELY; BORROWER HAS OPERATED BUSINESS SINCE 2017 IN COUNTRY OF ORIGIN AND IN THE U.S. SINCE IMMIGRATING FEB 2020; EXCELLENT SAVINGS ABILITY DEMONSTRATED WITH 17 MOS. RESERVES; REASONABLE PAYMENT SHOCK OF 146% |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 776210 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 776213 D A | Closed | FCRE1201 | 2022-08-02 12:37 | 2022-08-04 07:44 | Resolved | 1 - Information D A | Credit | Missing Doc - Credit | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report provided at resubmission. Items indicated include that business is located a significant distance from subject. Confirmed per details in file that borrower has a history of managing entity remotely, no issue. Flag for potential other applications met with inquiry explanation letter stating pulled for rate shopping on subject transaction. Alert for property value not of issue as appraisal and third party analysis provided. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Missing Third Party Fraud Report - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Third Party Fraud Report provided at resubmission. Items indicated include that business is located a significant distance from subject. Confirmed per details in file that borrower has a history of managing entity remotely, no issue. Flag for potential other applications met with inquiry explanation letter stating pulled for rate shopping on subject transaction. Alert for property value not of issue as appraisal and third party analysis provided. - Due Diligence Vendor-xxxxxx | Original LTV Is Below The Guideline Maximum By Ten Percent (10%) Or More - Original LTV Of 80% Is Below The Guideline Maximum Of 80% By Ten Percent (10%) Or More<br>Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.293602657378394 |  | DRIVE REPORT (20).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 775752 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other |  |  |
| xxxxxx | 776208 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Second Home | Purchase | NA |  |  |
| xxxxxx | 776218 B A | Closed | FCRE1193 | 2022-08-02 11:07 | 2022-08-02 11:09 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Audited DTI of 44.53% exceeds Guideline DTI of 43% Exception Request Form in file (page xxxxxx). Exception approved by - xxxxxx for DTI exceeds the max allowed for the program of 43%. Borrower DTI is 44.53%. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Audited DTI of 44.53% exceeds Guideline DTI of 43% Exception Request Form in file (page xxxxxx). Exception approved by xxxxxx for DTI exceeds the max allowed for the program of 43%. Borrower DTI is 44.53%. - Due Diligence Vendor-xxxxxx | Twenty-Four (24) Months Housing History Reviewed With No Late Payments - Twenty-Four (24) Months Housing History Reviewed With No Late Payments<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 6 Years | FICO is 714. No past due. No public records. No bankruptcies. Borrower is currently self-employed for 6 years with stable income. |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 776211 D A | Closed | FCOM1280 | 2022-08-02 13:21 | 2022-08-04 08:37 | Resolved | 1 - Information D A | Compliance | Missing Doc - State Disclosure | Collateral Protection Notice is Missing | Resolved-Received Collateral Protection Notice Doc - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open-Collateral Protection Notice is Missing - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Received Collateral Protection Notice Doc - Due Diligence Vendor-xxxxxx | Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 21.74% Is Less Than The Guideline Maximum Of 43% By Five Percent (5%) Or More<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 80% Is Below the Guideline Maximum Of 90% By Ten Percent (10%) or More |  | CLOSING PROTECTION LETTER (32).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | N/A | N/A |
| xxxxxx | 777551 C B A | Closed | FPRO1508 | 2022-09-06 13:49 | 2022-12-06 17:31 | Acknowledged | 2 - Non-Material C B | Property | Property Issue | Property Characteristics Do Not Meet Guideline Requirements | Acknowledged-Exception granted for - CONDO PROJECT WITH MIXED USE EXCEEDING THE MAXIMUM ALLOWED OF 50%. SUBJECT'S <br> MIXED USE IS AT 61% - Due Diligence Vendor--xxxxxx |  | Acknowledged-Exception granted for - CONDO PROJECT WITH MIXED USE EXCEEDING THE MAXIMUM ALLOWED OF 50%. SUBJECT'S <br> MIXED USE IS AT 61% - Due Diligence Vendor-xxxxxx | Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 18 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 18 Years<br>Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 729 is Greater Than The Guideline Minimum Of 680 By Twenty (20) or More Points<br>Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 22 Years<br>Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Low Credit Usage Ratio Of Twenty-Five Percent (25%) Or Less - Credit Line Usage Ratio equals 0.3403703703703704<br>Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 2 Has Stable Job Time Of Five (5) Or More Years At Current Job - 15 Years<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 40% Is Below the Guideline Maximum Of 70% By Ten Percent (10%) or More | PROJECT IS FARLY NEW BUILT IN 2017. MIXED USE OCCUPIED BY WALDORF ASTORIA HOTEL – 127 ROOMS, STREET LEVEL RESTAURANTS AND WALDORF SPA. SUBJECT IS NOT A CONDOTEL. EXCELLENT EQUITY POSITION AT 40%. PROJECT UNITS SOLD OR UNDER CONTRACT IN PROJECT ARE 41 OUT 46. BORROWERS ARE EXPERIENCE HOMEOWNERS. DEBT SERVICED FOR ALL REAL ESTATE OWNED INCLUDED IN DTI. |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Post-Close | Yes |
| xxxxxx | 778414 B A | Closed | FCRE8138 | 2022-09-06 11:58 | 2022-09-06 11:58 | Acknowledged | 2 - Non-Material B | Credit | Income | DSCR is less than the guideline minimum | Acknowledged-EXCEPTION FOR DSCR RATIO .97 WHICH IS LESS THAN THE GUIDELINE REQUIREMENT OF AT LEAST 1.0 DSCR. SUBJECT PROPERTY IS UNDER LEASE BUT BORROWER CANNOT PROVIDE PROOF OF RENTAL RECEIPT HENCE USING THE GROSS MARKET RENT<br> FOR DSCR CALCULATION. IF LEASE AGREEMENT WILL BE USED DSCR WILL BE AT 1.16 - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION FOR DSCR RATIO .97 WHICH IS LESS THAN THE GUIDELINE REQUIREMENT OF AT LEAST 1.0 DSCR. SUBJECT PROPERTY IS UNDER LEASE BUT BORROWER CANNOT PROVIDE PROOF OF RENTAL RECEIPT HENCE USING THE GROSS MARKET RENT<br> FOR DSCR CALCULATION. IF LEASE AGREEMENT WILL BE USED DSCR WILL BE AT 1.16 - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 649 is Greater Than The Guideline Minimum Of 600 By Twenty (20) or More Points<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 83.62 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.58 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 11 Years | COMPENSATING FACTORS:<br> 1. 649 FICO SCORES, 600 POINT HIGHER THAN THE MINIMUM REQUIREMENT<br> 2. LTV OF 60% |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 778414 B A | Closed | FCRE1440 | 2022-09-06 11:50 | 2022-09-06 11:58 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Housing History Does Not Meet Guideline Requirements EXCEPTION REQUIRED FOR NO PRIMARY HOUSING HISTORY. BORROWER IS LIVING RENT FREE SINCE 11/2021 - Due Diligence Vendor-xxxxxx |  | Acknowledged-Housing History Does Not Meet Guideline Requirements EXCEPTION REQUIRED FOR NO PRIMARY HOUSING HISTORY. BORROWER IS LIVING RENT FREE SINCE 11/2021 - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 649 is Greater Than The Guideline Minimum Of 600 By Twenty (20) or More Points<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 83.62 Are Greater Than The Guideline Minimum Of 2 By Six (6) Or More Months<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 10.58 Years<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 11 Years | COMPENSATING FACTORS:<br> 1. 649 FICO SCORES, 600 POINT HIGHER THAN THE MINIMUM REQUIREMENT<br> 2. LTV OF 60% |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | Originator Pre-Close | Yes |
| xxxxxx | 778407 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 778417 B A | Closed | FCRE1440 | 2022-09-02 19:30 | 2022-09-06 10:44 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Acknowledged-Housing History Does Not Meet Guideline Requirements EXCEPTION APPROVAL ON INCOMPLETE HOUSING HISTORY. BORROWER PROVIDES A RENTAL PAYMENT FOR THE MONTH OF MARCH – JULY 2022 FROM HIS CURRENT RESIDENCE BUT UNABLE TO PROVIDE CANCELLED CHECKS AND VOR FOR THE PREVIOUS MONTHS FROM PREVIOUS RESIDENCE AS PROPERTY MANAGER REFUSE TO PROVIDE VOR FORM, A LEDGER WAS PROVIDED INSTEAD - Due Diligence Vendor--xxxxxx |  | Acknowledged-Housing History Does Not Meet Guideline Requirements EXCEPTION APPROVAL ON INCOMPLETE HOUSING HISTORY. BORROWER PROVIDES A RENTAL PAYMENT FOR THE MONTH OF MARCH – JULY 2022 FROM HIS CURRENT RESIDENCE BUT UNABLE TO PROVIDE CANCELLED CHECKS AND VOR FOR THE PREVIOUS MONTHS FROM PREVIOUS RESIDENCE AS PROPERTY MANAGER REFUSE TO PROVIDE VOR FORM, A LEDGER WAS PROVIDED INSTEAD - Due Diligence Vendor-xxxxxx | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.2 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 54.93% Is Below the Guideline Maximum Of 65% By Ten Percent (10%) or More | COMPENSATING FACTORS:<br> 1. LTV is 55%<br> 2. 10.07 reserves<br> 3. Marketing time is under 3 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 778417 B A | Closed | FCRE1493 | 2022-09-02 19:31 | 2022-09-06 10:44 | Acknowledged | 2 - Non-Material B | Credit | Eligibility | Trade line count does not meet program requirements | Acknowledged-EXCEPTION ON NOT MEETING TRADELINE REQUIREMENTS. BASED ON THE GUIDELINE WE NEED 2 TRADELINES SHOWING 12 MONTHS HISTORY. BORROWER HAS ONLY 1 TRADELINE SHOWING 12 MONTHS PAYMENT. - Due Diligence Vendor--xxxxxx |  | Acknowledged-EXCEPTION ON NOT MEETING TRADELINE REQUIREMENTS. BASED ON THE GUIDELINE WE NEED 2 TRADELINES SHOWING 12 MONTHS HISTORY. BORROWER HAS ONLY 1 TRADELINE SHOWING 12 MONTHS PAYMENT. - Due Diligence Vendor-xxxxxx | Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 22.2 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months<br>Original CLTV is Below the Guideline Maximum By Ten Percent (10%) or More - Original CLTV Of 54.93% Is Below the Guideline Maximum Of 65% By Ten Percent (10%) or More | COMPENSATING FACTORS:<br> 1. LTV is 55%<br> 2. 10.07 reserves<br> 3. Marketing time is under 3 months |  | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 776985 C B A | Closed | FCRE8611 | 2022-09-09 08:41 | 2022-09-09 08:41 | Acknowledged | 2 - Non-Material A B | Credit | Income | Income/Employment General | Acknowledged-Investor Exception issued for using three different accounts to determine bank statement income calculation. - Due Diligence Vendor--xxxxxx |  | Acknowledged-Investor Exception issued for using three different accounts to determine bank statement income calculation. - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 741 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 16 Years | FICO 741 , 61 POINTS HIGHER THAN MIN FICO REQD; VOR REFLECTS 0X30X12 MONTHS AND VOMS FOR 2 INVESTMENT PROPERTIES AT 0X30X21 MOS; RESERVES 13.76 MONTHS >MIN 9MOS; PROPERTY IS IN A SUBURBAN AREA, OVER 75% BUILT UP , SHORTAGE OF SUPPLY, MARKETING TIME UNDER 3 MOS |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 776985 C B A | Closed | FCRE1193 | 2022-09-06 14:44 | 2022-09-09 08:39 | Acknowledged | 2 - Non-Material C B | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Acknowledged-Investor Exception issued for DTI of 44.67% vs. program maximum of 43%. - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx <br> Acknowledged-Audited DTI of 44.67% exceeds Guideline DTI of 43% Exception granted for DTI 45% > MAX 43% ALLOWED (FTHB) USED LOWER INCOME DISCLOSED IN INITIAL 1003 VS. COMPUTED INCOME VIA BKSTS - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Acknowledged-Investor Exception issued for DTI of 44.67% vs. program maximum of 43%. - Due Diligence Vendor-xxxxxx<br> Acknowledged-Audited DTI of 44.67% exceeds Guideline DTI of 43% Exception granted for DTI 45% > MAX 43% ALLOWED (FTHB) USED LOWER INCOME DISCLOSED IN INITIAL 1003 VS. COMPUTED INCOME VIA BKSTS - Due Diligence Vendor-xxxxxx | Qualifying FICO is Greater Than The Guideline Minimum By Twenty (20) or More Points - Qualifying FICO Of 741 is Greater Than The Guideline Minimum Of 720 By Twenty (20) or More Points<br>Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - Borrower 1 Has Stable Time In Profession By Ten (10) Years Or More - 16 Years | FICO 741 , 61 POINTS HIGHER THAN MIN FICO REQD; VOR REFLECTS 0X30X12 MONTHS AND VOMS FOR 2 INVESTMENT PROPERTIES AT 0X30X21 MOS; RESERVES 13.76 MONTHS >MIN 9MOS; PROPERTY IS IN A SUBURBAN AREA, OVER 75% BUILT UP , SHORTAGE OF SUPPLY, MARKETING TIME UNDER 3 MOS | LOAN PROGRAM EXCEPTION (85).pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA | Originator Pre-Close | Yes |
| xxxxxx | 778410 D A | Closed | FCOM3596 | 2022-09-06 09:18 | 2022-09-09 09:44 | Resolved | 1 - Information D A | Compliance | Missing Doc | Prepayment Rider Missing | Resolved-Received prepayment rider - Due Diligence Vendor--xxxxxx<br> Ready for Review-Document Uploaded. - Seller--xxxxxx<br> Open- - Due Diligence Vendor--xxxxxx | Ready for Review-Document Uploaded. - Seller-xxxxxx | Resolved-Received prepayment rider - Due Diligence Vendor-xxxxxx | Borrower At Current Residence For Five (5) Or More Years - Borrower At Current Residence For Five (5) Or More Years - 13 Years<br>Calculated DTI Is Less Than The Guideline Maximum By Five Percent (5%) Or More - Calculated DTI Of 32.83% Is Less Than The Guideline Maximum Of 50% By Five Percent (5%) Or More<br>Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - Borrower 1 Has Stable Job Time Of Five (5) Or More Years At Current Job - 5 Years<br>Months Reserves Are Greater Than The Guideline Minimum By Six (6) Or More Months - Months Reserves Of 128.1 Are Greater Than The Guideline Minimum Of 6 By Six (6) Or More Months |  | Prepayment rider.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A |
| xxxxxx | 778408 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 778403 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |
| xxxxxx | 776901 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Purchase | NA |  |  |

---

## Exhibit 99.35

**EXHIBIT 99.35**

**canopy rating agency grades**

---

| | | |
|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Verus Loan ID** | **Original Loan Amount** |
| xxxxxx | 763280 | xxxxxx A |
| xxxxxx | 762828 | xxxxxx D A |
| xxxxxx | 763315 | xxxxxx A |
| xxxxxx | 769921 | xxxxxx A |
| xxxxxx | 771607 | xxxxxx C A B |
| xxxxxx | 771592 | xxxxxx A |
| xxxxxx | 771618 | xxxxxx A |
| xxxxxx | 772083 | xxxxxx C A B |
| xxxxxx | 772086 | xxxxxx C D A |
| xxxxxx | 773167 | xxxxxx A C B |
| xxxxxx | 773174 | xxxxxx A |
| xxxxxx | 773172 | xxxxxx A |
| xxxxxx | 773173 | xxxxxx C A B |
| xxxxxx | 773171 | xxxxxx A D |
| xxxxxx | 773166 | xxxxxx A B |
| xxxxxx | 773196 | xxxxxx A |
| xxxxxx | 773163 | xxxxxx A |
| xxxxxx | 773200 | xxxxxx A C |
| xxxxxx | 773201 | xxxxxx C A B |
| xxxxxx | 773197 | xxxxxx B A |
| xxxxxx | 773178 | xxxxxx A |
| xxxxxx | 773169 | xxxxxx A |
| xxxxxx | 773179 | xxxxxx A |
| xxxxxx | 773176 | xxxxxx A |
| xxxxxx | 774026 | xxxxxx C A B |
| xxxxxx | 775532 | xxxxxx D A B |
| xxxxxx | 775543 | xxxxxx A |
| xxxxxx | 775561 | xxxxxx A |
| xxxxxx | 775554 | xxxxxx B A |
| xxxxxx | 775555 | xxxxxx A |
| xxxxxx | 775538 | xxxxxx A |
| xxxxxx | 775539 | xxxxxx A D |
| xxxxxx | 775546 | xxxxxx A |
| xxxxxx | 775542 | xxxxxx A |
| xxxxxx | 775535 | xxxxxx A |
| xxxxxx | 775531 | xxxxxx B A |
| xxxxxx | 775745 | xxxxxx D A B |
| xxxxxx | 775534 | xxxxxx C A B |
| xxxxxx | 775750 | xxxxxx A |
| xxxxxx | 776204 | xxxxxx B A |
| xxxxxx | 775753 | xxxxxx D A B |
| xxxxxx | 776205 | xxxxxx A |
| xxxxxx | 776209 | xxxxxx A |
| xxxxxx | 776225 | xxxxxx A |
| xxxxxx | 775748 | xxxxxx A B |
| xxxxxx | 776210 | xxxxxx A |
| xxxxxx | 776213 | xxxxxx D A |
| xxxxxx | 775752 | xxxxxx A |
| xxxxxx | 776208 | xxxxxx A |
| xxxxxx | 776218 | xxxxxx B A |
| xxxxxx | 776211 | xxxxxx A D |
| xxxxxx | 777551 | xxxxxx A C B |
| xxxxxx | 778414 | xxxxxx B A |
| xxxxxx | 778407 | xxxxxx A |
| xxxxxx | 778417 | xxxxxx B A |
| xxxxxx | 776985 | xxxxxx C A B |
| xxxxxx | 778410 | xxxxxx A D |
| xxxxxx | 778408 | xxxxxx A |
| xxxxxx | 778403 | xxxxxx A |
| xxxxxx | 776901 | xxxxxx A |

---

## Exhibit 99.36

**EXHIBIT 99.36**

**canopy data compare**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Verus Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| xxxxxx | 762828 | xxxxxx | Qualifying FICO | creditLiabilitiesPage | 640 | 663 |  |
| xxxxxx | 762828 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 763315 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 769921 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 771607 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 771592 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 771618 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 773196 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 773200 | xxxxxx | Prepayment Penalty Total Term | notePage | 12 | 0 |  |
| xxxxxx | 773201 | xxxxxx | Prepayment Penalty Total Term | notePage | 12 | 0 |  |
| xxxxxx | 773197 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 773197 | xxxxxx | Property Value | propertyValuationPage | xxxxxx | xxxxxx |  |
| xxxxxx | 775561 | xxxxxx | Prepayment Penalty Total Term | notePage | 36 | 0 |  |
| xxxxxx | 775554 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 775555 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 775555 | xxxxxx | Property Value | propertyValuationPage | xxxxxx | xxxxxx |  |
| xxxxxx | 775542 | xxxxxx | Qualifying FICO | creditLiabilitiesPage | 708 | 735 |  |
| xxxxxx | 775534 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 38.38 | 29.641 |  |
| xxxxxx | 776225 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 776213 | xxxxxx | Qualifying Total Debt Income Ratio | diligenceFinalLookPage | 40.99 | 37.973 |  |
| xxxxxx | 776218 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 778414 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |
| xxxxxx | 778410 | xxxxxx | Prepayment Penalty Total Term | notePage | 60 | 0 |  |

---

## Exhibit 99.37

**EXHIBIT 99.37**

**canopy atr qm report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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?** |
| xxxxxx | 763280 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation |  | No | Yes | No | No | No | No | No | No | No | Yes | 10273 | 5.463 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 762828 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 763315 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | Yes | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  | N/A | Employed | Employed | xxxxxx | xxxxxx | Yes | Present |
| xxxxxx | 769921 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | Yes |  | 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 | Yes | 14658.69 | Yes | Employed | Employed | xxxxxx | xxxxxx | Yes | Present |
| xxxxxx | 771607 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed | Employed | xxxxxx | xxxxxx | Yes | Present |
| xxxxxx | 771592 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 771618 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed | Not Employed | xxxxxx | xxxxxx | Yes | Present |
| xxxxxx | 772083 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | Yes | Yes | No | No | No | No | No | No | No | Yes | 9490 | 8.423 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 3217.4 | Yes | Employed |  | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 772086 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 6740 | 7.685 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 773167 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 12319.75 | 8.876 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Retired | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 773174 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Pass | Yes | No | No | No | No | No | No | No | No | No | 10002.5 | 6.706 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 5381.92 | Yes | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 773172 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 6665 | 8.184 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773173 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | Yes | Yes | No | No | No | No | No | No | No | No | 12585 | 8.794 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6257.05 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773171 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 7273.78 | 8.973 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773166 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | Yes | Yes | No | No | No | No | No | No | No | Yes | 9105 | 8.729 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 4792.28 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773196 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 773163 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 9290 | 7.956 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 773200 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Not Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 773201 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 773197 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Not Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 773178 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | No | No | No | No | No | No | No | No | No | 8766.25 | 8.03 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773169 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 8715 | 9.482 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 773179 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 11389 | 7.632 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 773176 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | Yes | No | No | No | Yes | No | No | No | No | No | 33665 | 7.378 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 30631.83 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 774026 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | No | No | No | No | No | Yes | 47590 | 6.958 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775532 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 15911.25 | 7.883 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775543 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 8685 | 9.149 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775561 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Not Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 775554 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Not Employed | Not Employed | xxxxxx | xxxxxx | Yes | Present |
| xxxxxx | 775555 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 775538 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 5590 | 8.241 | Yes | Yes | N/A | Yes | Yes | Yes | Yes | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775539 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | Yes | Yes | No | No | No | No | No | No | No | No | 19090 | 7.671 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 7978.32 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775546 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 18169.75 | 9.86 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775542 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | No | No | No | No | No | No | No | No | Yes | 33620.52 | 8.184 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 775535 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | No | No | No | No | No | Yes | 11954.5 | 7.19 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Not Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775531 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 11285 | 10.665 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775745 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | Yes | Yes | No | No | No | No | No | No | No | No | 15796.25 | 9.226 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 13493.37 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775534 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 14021.24 | 9.213 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775750 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 23535.31 | 8.826 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776204 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | Yes | Yes | No | No | No | No | No | No | No | No | 12440 | 9.152 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 8330.8 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775753 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Pass | No | No | No | No | No | No | No | No | No | No | 20680 | 7.928 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776205 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 7977.5 | 9.826 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776209 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 6960 | 8.827 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776225 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 775748 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 10227.5 | 8.766 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776210 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 10396.05 | 8.56 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776213 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 10040 | 8.319 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 775752 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 12415 | 8.844 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | Yes | Employed | Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 776208 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | No | No | No | Yes | No | No | No | No | No | 16085 | 8.788 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 776218 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | Yes |  | 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 | Yes | 6147.25 | Yes | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 776211 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 8449 | 9.06 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 777551 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | No | No | No | No | No | No | No | No | No | 16790 | 7.68 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed | Not Employed | xxxxxx | xxxxxx | No | N/A |
| xxxxxx | 778414 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Not Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 778407 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 9435 | 8.777 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 778417 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No |  |  | No |  | No | No | No | No | No | No | No |  |  |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  | N/A | Not Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 776985 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Qualifying DTI Exceeds 43% | Fail | Yes | Yes | No | No | No | No | No | No | No | No | 38770 | 7.875 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 23516.18 | Yes | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 778410 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | 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 |  | N/A | Employed |  | xxxxxx |  | Yes | Present |
| xxxxxx | 778408 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 15050 | 8.641 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 778403 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | No | 10190 | 9.092 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |
| xxxxxx | 776901 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Fail | No | Yes | No | No | No | No | No | No | No | Yes | 16021.25 | 8.734 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | N/A |  | N/A | Employed |  | xxxxxx |  | No | N/A |

---

## Exhibit 99.38

**EXHIBIT 99.38**

**canopy valuation report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Verus Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Primary Appraised Value** | **Value for LTV** | **Primary Appraisal Date** | **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 Vendor** | **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** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Total Adjusted Prior Purchase Price** |
| xxxxxx | 763280 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 12-07-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low Risk | 12-20-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 762828 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 11-10-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 12-20-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 763315 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 11-30-2021 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 12-13-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 769921 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 02-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -8.100% | ClearCapital | Moderate | 04-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 771607 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 04-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 771592 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 771618 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 05-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Eligible |  |  |
| xxxxxx | 772083 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 772086 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 04-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 04-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773167 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 05-12-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 05-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773174 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773172 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 04-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | 1.500% | ClearCapital | Low Risk | 04-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |
| xxxxxx | 773173 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 05-16-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773171 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773166 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 04-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-02-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773196 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 02-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 04-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773163 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 05-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773200 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-02-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773201 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 04-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 04-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773197 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 05-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |
| xxxxxx | 773178 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 05-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 05-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773169 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-08-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773179 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 773176 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-27-2022 | xxxxxx | 0.0 | 0.000% | 05-28-2022 | 1073 Individual Condo Report |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 774026 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-24-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775532 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775543 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775561 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low Risk | 07-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.6 |  |
| xxxxxx | 775554 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 06-27-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 06-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775555 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 06-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx |
| xxxxxx | 775538 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 06-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775539 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775546 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775542 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-04-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775535 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-11-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775531 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-18-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775745 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 05-25-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775534 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 06-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775750 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-14-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776204 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-01-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775753 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-05-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-07-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776205 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776209 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low Risk | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776225 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-16-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 06-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 775748 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 06-06-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | -5.700% | ClearCapital | Moderate | 07-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776210 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-13-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776213 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2.2 |  |
| xxxxxx | 775752 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 07-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776208 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-20-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776218 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 06-29-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-22-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776211 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 07-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 777551 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-10-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 08-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778414 | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 07-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 07-17-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778407 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 08-08-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778417 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 08-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776985 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-09-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx | 1.300% | ClearCapital | Low | 08-15-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778410 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-03-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate | 08-31-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778408 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 08-19-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 08-23-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 778403 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-28-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Low | 08-30-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 776901 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-21-2022 |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | 0.000% | ClearCapital | Moderate Risk | 07-26-2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.39

**EXHIBIT 99.39**

**mission global, llc ("Mission") due diligence review narrative summary**

**VERUS 2023-1**

**Due Diligence Review**

**Narrative Summary**

**December 23, 2022**

**Prepared by**

**Mission Global, LLC**

**For**

**VMC Asset Pooler, LLC**

This report is prepared by Mission Global, LLC ("Mission") and summarizes the results of a due diligence review performed on a pool of nine (9) residential mortgage loans. Mission was engaged by VMC Asset Pooler, LLC ("Client") or one of its affiliates to perform due diligence services on the pool. Client provided Mission with a data tape, from which 100% of the loan sample was selected and loan data was entered into and analyzed using the Mission Global Grade® Underwriting and Diligence grading solution. Mission performed a detailed credit re-underwrite, regulatory compliance review and valuation review on 100% of the loans. Mission performed the review beginning on October 13, 2021 and completed the review on January 31, 2022.

Mission Global is a technology-forward service provider built on a culture of deep client service. Mission is a rating agency approved Third Party Review firm delivering underwriting and compliance audits for residential and business purpose loans. Since 1994, Mission Global and its predecessor company, Global Financial Review have provided comprehensive loan due diligence, re-underwriting, and asset management services to clients in the financial services industry. In 2015, Global Financial Review merged with the leading Secondary market consulting firm Mission Capital Advisors, LLC to form Mission Global, LLC. In 2020, Mission Capital Advisors, LLC and Mission Global, LLC were acquired by the leading real estate sales, financing and advisory service firm and now a wholly-owned subsidiary of Marcus & Millichap (NYSE:MMI).

Mission performed a full credit re-underwrite, regulatory compliance, valuation and data integrity review to meet the criteria as published by the Nationally Recognized Statistical Rating Organizations. This deal is to be rated in accordance with the published guidelines of ***S&P Global Ratings ("S&P")*** and ***Kroll Bond Rating Agency, LLC*** ("***KROLL")***.

Confidential and Privileged. Use is restricted without the written consent of the Author. P a g e \| 1

Of the 9 loans reviewed, 2 of the loans are considered Non-QM qualified, non-conventional or commonly referred to as non-agency residential mortgage loans. The remainder of the 7 loans are investment or business purpose loans and are considered ATR/QM Exempt. The loan pool is a mix of loan occupancies including primary residences, secondary residences or investment purpose loans secured by residential single family or one-to-four family multi-family property as collateral.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. File RE-Underwrite Credit Review

The loans were underwritten to the originator's guidelines. A full re-underwriting credit review was conducted to verify that the requisite underwriting guidelines as specified by loan program were met. Confirmation of the loan terms was conducted through recalculation and review of documentation contained in the loan files and documents provided to Mission.

The Credit Qualification review will consist of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2 Guidelines and Overlays

Mission reviewed each loan each mortgage loan to ensure it met the requisite guideline requirements as specified by the Client guidelines. In lieu of specific requirements, Mission also considered Regulation Z requirements including Appendix Q where applicable.

In addition to the guidelines there were three unique overlays for each type of loan program reviewed:

⮚ Originator Consumer Purpose Express <br> ⮚ Originator Business Purpose DSCR Rate - Investment Only<br> ⮚ Originator Business Purpose No DSCR Rate - Investment Only

These guideline overlays provided additional specific qualification requirements and program specific metric such as min and max loan amounts, cash out refinance limits, ranges of values for acceptance, geographic eligibility, escrow requirements, note, rate and term specific details, qualifying property types, residency requirements, limits on seller and third-party contributions, valuation and title requirements The guidelines and overlays also specified borrower requirements such as credit tradeline and credit event requirements, income and asset qualifications, and citizenship requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2 Employment and Income

These were non-QM qualified loans with a variety of ways that Borrower income could be verified including stated and verified 12/24 month bank statement verification, WVOE verification of employment. Loans were also underwritten to Full documentation requirements with traditional full documentation including w-2, paystubs and other employment documentation. In the case of investment purposes loans DSCR ratios were used to qualify the loans. In these cases, rental property income was both estimated or stated, and/or verified through leases and rent rolls. Mission verified the file documentation for minimum required level of employment and income verifications in accordance with Client provided underwriting guidelines.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.3 Income

Mission recalculates borrower(s) monthly gross income and verified calculations of income as used by the original loan underwriter at origination to determine compliance with the Client provided underwriting guidelines. In all cases, Mission verified stated/verified income in accordance with Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.4 Assets

Mission confirmed the presence of adequate asset documentation to comply with the Client provided underwriting guideline requirements for closing funds, reserves and borrower liquidity. Mission verified the file documentation for minimum required level of asset verification in accordance with Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.5 Debt-to-Income Ratio

On all primary or secondary residential loans other than the Asset Depletion loans, Mission recalculated and verified the debt-to-income ratio used by the loan underwriter at origination to determine compliance with Client provided underwriting guidelines and requirements. On the Asset depletion loans there was insufficient income information to calculate at DTI ratio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.6 Debt Service Coverage Ratio

On all investment related loans that were qualified under the DSCR Rate programs, Mission recalculated and verified the Debt Service Coverage Ratio used by the loan underwriter at origination to determine compliance with Client provided underwriting guidelines and requirements. Rental income used in the calculation for each loan was either verified from an in-place lease and verification of payment or based upon projected market rents taken from the 1007 in the subject property appraisal. The lower of actual or projected market rents is used in the DSCR calculation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.7 Property Valuation

Mission analyzed all appraisals and secondary value tools used to qualify the loan for integrity of comparable sales, completeness of data, eligibility of the appraiser and reasonableness of estimated value. In all cases an AVM was used to validate original value. If the representative value tolerance was 10% or greater another secondary valuation product was utilized to establish value used for LTV. Mission verified the valuation waterfall in each case to determine if based upon AVM values whether a Desk review or a second appraisal was required and to verify all valuation documentation met the requirements of Client provided underwriting guidelines.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.8 Loan-to-Value Ratio

Mission recalculated based upon valuation waterfall and verified the recalculated loan-to-value ratio and combined loan-to-value ratio were accurate both at origination and subsequent to the review and met Client provided underwriting guideline and regulatory requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 Credit History

Mission reviewed the initial credit reports used at origination and captured updated gap report values to verify that the borrower(s) demonstrate adequate credit depth to comply with the Client provided underwriting guideline requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.10 Credit Scores

Mission captured FICO scores from credit reports used at origination and any updated gap report values to validate that borrower(s) met minimum credit score requirements of the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.11 Compensating Factors

Mission reviewed all provided guideline exceptions and verified exceptions to the Client provided underwriting guidelines were documented and that compensating factors were reasonable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Document Review

Mission's review each loan file confirmed the presence of material documentation as applicable to the specifics of the loan transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 Title Commitment and Policy

Mission verified the presence of at a minimum the initial title commitment or final title policy. Mission confirmed the vested parties and the description of the property, liens and tax assessments. Given the recent origination of many of the loans contained only an initial title commitment. Comments on loans where the final title policy was still pending were noted in the resolution of each loan in the grading findings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 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 were present and duly executed. Mission confirmed that Mortgage note was either fixed or adjustable according to requirements of the Client provided underwriting guidelines and captured relevant Note data specific to each loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 Mortgage & Deed of Trust

Mission verified the presence of a copy Mortgage or Deed of Trust and confirmed that the documents were executed by all required parties and that all riders, addendums and exhibits as required exist in the loan file. Mission also verified that the Mortgage was

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recorded or sent for recording. Given the recent origination of many of the loans contained only an executed Mortgage not a recorded document. Comments on loans where recorded Mortgage was still pending were noted in the resolution of each loan in the grading findings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 Income Documentation

Mission verified the presence of income and employment related documentation as required by the Client provided underwriting guidelines for all borrowing parties contributing income to the debt ratio calculation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 Asset Documentation

Mission verified the presence of asset documentation required by the Client provided underwriting guidelines in the loan file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 Proof of Insurance

Mission verified the presence of insurance policies and certificates for mortgage, hazard and flood insurance on each loan depending upon the specifics of the loan. Mission confirmed that adequate coverage is present to meet the requirements of the Client provided underwriting guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Regulatory Compliance

For each primary or secondary home mortgage loan file Mission conducted a post-closing regulatory compliance review to verify that each loan was originated in compliance with the applicable federal, state and local anti-predatory lending statutes in effect at the time of origination of the Mortgage Loan. Mission further validated that the loans met the applicable disclosure requirements provided under (i) the federal Truth in Lending Act ("TILA"), as implemented by Regulation Z, 12 C.F.R. Part 1026; (ii) Section 4 of the Real Estate Settlement Procedures Act ("RESPA"), as implemented by Regulation X, 24 C.F.R. Part 3500; (iii) the National Flood Insurance Act, (iv) the disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations; and (v) the disclosure requirements and prohibitions of the applicable state, county and municipal laws and ordinances enacted to combat predatory lending, as was applicable depending upon the specifics of the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 Federal Truth in Lending Act/Regulation Z

A review of the material compliance disclosures set forth in Reg Z, as amended, including the Truth in Lending Disclosure and the Notice of Right-to-Cancel, if applicable; and a review and comparison of the material disclosures with a report outlining any TILA violations. This includes a re-calculation of disclosed finance charge [§1026.18(d)], proper execution by all required parties [§1026.17(b)], principal and interest calculations [§1026.18(s)], payment stream(s), recalculation of disclosed APR [§1026.22], and a review to ensure disclosure differences are within the allowed tolerances [§1026.18(d) and §1026.23(g)]. A review of the Notice of Right to Cancel (§1026.15 *I* §1026.23): Review includes a verification of the transaction date and expiration date, ensures proper execution of the Notice of Right to Cancel by all required parties verifies the disbursement

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date and determines if a full 3 day rescission period was adequately provided to the borrower(s).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 Business Days as Defined by Regulation Z

General business day is defined as the days on which a creditor's offices are open to the public for carrying on substantially all of its business functions excluding Sundays and holidays specified by §1026.2(a)(6). Specific business day is defined as all calendar days (Monday through Saturday) excluding Sundays and holidays specified by 5 U.S.C. 6103(a)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 Home Ownership Equity Protection Act (HOEPA) testing, to include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.1 APR test [HOEPA (§1026.32(a)(l))] and [HPML(§1026.35(a)(l))]

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2 Points and Fees test [HOEPA (§1026.32(a)(2))]

Review of HOEPA disclosure (§1026.32(c)) for accuracy (i.e. payment stream, highest payment scenario; dates disclosed, dates acknowledged)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.3 Review and confirm documentation type (i.e. full, stated, no ratio)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.4 Review for evidence of prepayment penalty

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.5 Verification of Debt-to-Income conformity, when necessary.

HOEPA (Section 32) loan coverage has been expanded to include purchase-money mortgages and open-end credit plans (i.e., home equity lines of credit or HELOCS), as well as the amendment of rate and points and fees threshold testing. Mission system requirements have been updated to address the expansion of coverage as well as amendments to threshold testing. In addition, there is a homeownership counseling requirement that was verified for all covered loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. RESPA/Regulation X

Each investment purpose loan was reviewed by Mission to ensure compliance with the most current amendments to Regulation X. The RESPA/Regulation X review consisted of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 Good Faith Estimate (GFE)

Mission confirmed compliance with current RESPA requirements in effect at origination of the Mortgage Loan including confirming the presence of the current GFE form in effect at the time of origination and verification the GFE was provided to the borrower(s) within three days of "Application".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 Application Date

Application was defined by Regulation X and generally considered complete when the creditor collected information regarding the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower(s)
First and Last Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower(s)
Social Security Number (to enable the loan originator to obtain a credit report)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
Property Address

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Mortgage
Loan Amount Sought

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Estimation
of Property Value

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Monthly
Income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 Broker Fees and Yield Spread

Mission verified that all Broker fees, including Yield Spread Premium ("YSP") were accurately disclosed and reflected in the appropriate locations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 GFE Fees

Fees were reviewed to ensure they are reasonable and customary fees for the lender and title and escrow companies and that those fees were accurately disclosed on the GFE and were reflected in the proper location on the document.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 Change of Circumstance (COC)

Mission reviewed all available documentation to determine whether a Change of Circumstance (COC) form was required to accompany each revised Good Faith Estimate (GFE).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 Change of Circumstance Definition:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.1 Acts of God, war, disaster or other emergencies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.2 Information
in particular to borrower or transaction that was relied on in providing the GFE and that changes or is found to be inaccurate after GFE
has been provided to 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;4.2.3 New information particular to the borrower or
transaction that was not relied on in providing the GFE; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.4 Other circumstances that are particular to borrower
or transaction, including boundary disputes, need for flood insurance or environmental problems

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.5 In the event any of the above occurs, the loan
originator is required to provide a new revised GFE to the borrower within three business days of receiving information sufficient to
establish "changed circumstances" and document the reason the revised GFE 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;4.2.6 Rate Locks: If the rate has not been locked by
the borrower or a locked rate has expired, the charge or credit for rate chosen, adjusted origination charges, per diem interest and loan
terms related to the rate may change. If borrower later locks the rate, a new GFE must be provided showing the revised rate-dependent
charges and terms. All other charges and terms must remain the same as on the original GFE, except as otherwise provided above for "changed
circumstances."

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 Final HUD-1

Mission confirmed compliance with current RESPA requirements in effect at origination of the Mortgage Loan including the presence of the current applicable Final HUD-1 form and that the Final HUD-1 accurately lists all broker and YSP fees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 Good Faith Estimate (GFE) and Final HUD-1 Analysis

Mission confirmed compliance with current RESPA requirements in effect at origination of the Mortgage Loan.

This analysis included the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.7 Analysis of Origination fees disclosed on the
Good Faith Estimate (GFE) and those charged to the borrower(s) on the Final HUD-1 (no variance) - No variance for the following charges:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Origination
Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Credit
or Charge for Interest Rate Chosen

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Adjusted
Origination Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Transfer
Taxes

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.8 Analysis of Third-Party fees disclosed on the
Good Faith Estimate (GFE) and those charged to the borrower(s) on the Final HUD-1 (10% tolerance) - 10% tolerance between GFE and actual
charges at settlement for sum of following services:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Lender-required
settlement services (lender selects third-party provider);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Lender-required
services, title services and required title insurance, and owner's title insurance, when the borrower uses a settlement service provider
identified by the loan originator; 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;▪ Government
recording charges. Analysis to confirm all fees are accurately reflected in the correct tolerance category on the Good Faith Estimate
(GFE) and Final HUD-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.9 Analysis to confirm lender accurately provided
borrower adequate restitution in the event of tolerance violations and timelines for restitution/document correction were adhered to.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.10 Analysis to confirm loan terms are accurately
disclosed between the Good Faith Estimate(GFE) and Final HUD-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2.11 Analysis to confirm page 3 of the HUD-1 accurately
reflects fees disclosed on the Good Faith Estimate (GFE) and Final HUD-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. QM/ATR (Qualified Mortgage and Ability to Repay) Dodd Frank Review (Loans with
Application Date on or after 01/10/2014)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 Ability-to-Repay:

The loans reviewed in this pool were all non-QM loans at origination so were not subject to QM Points and fees testing. Mission did verify that underwriter confirmed ATR's eight verification steps for any origination. Mission verified documentation sufficient to run ATR checks on all loans to meet ATR 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;&nbsp;&nbsp;&nbsp;&nbsp;▪ Income
and assets

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 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;▪ Monthly
qualifying mortgage payment for the proposed 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;▪ Monthly
qualifying mortgage payment for the simultaneous loan on the same property payments for taxes, insurance and HOA, and other housing expenses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Debts,
alimony and child support

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Qualifying
monthly DTI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 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;▪ Credit
history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 Verification of ATR.

All the verifications were made and each of the eight topic areas were confirmed to agree with the representations made by the lender, and there were no credit exceptions to the lender's guidelines, the loan passed the ATR test. If any of the conditions fail or the loan lacked sufficient documentation to support the stated values in any of the areas, affected items will not be considered verified and the loan was failed for the ATR test. In all cases the loans reviewed by Mission in this pool were reported as ATR-Pass, and ATR-Exempt.

**Note regarding Asset Depletion Loans-** A number of the loans reviewed were asset depletion loans that meet the ATR requirements of Dodd-Frank, as implemented by Regulation Z. There was some concern regarding whether the loans originated under the "assets" program would satisfy these ATR requirements as no specific borrower income was reviewed to determine whether the income requirements were truly met to mee the standard required for ATR compliance.

Mission has relied on outside legal guidance on the issue of Asset Depletion and ATR verification . That guidance has noted "neither the Dodd Frank Act, Regulation Z nor the Consumer Financial Protection Bureau's ("CFPB") Official Staff Commentary to Regulation Z (the "Commentary") provides definitive guidance for how a creditor must consider these factors in attempting to meet the ATR requirements. In fact, the Commentary indicates that as long as the creditor considers the eight ATR factors:

"creditors are permitted to develop their own underwriting standards and make changes to those standards over time and in response to empirical information and changing economical and other conditions. Whether a particular ability-to-repay determination is reasonable and in good faith will depend not only on the underwriting standards adopted by the creditor, but on the facts and circumstances of an individual extension of credit and how a creditor's underwriting standards were applied to those facts and circumstances."

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According to the underwriting guidelines for the asset depletion program, applicants must meet a minimum reserve requirement of 24/36 months of future housing payment ("PITIA") on the subject loan and any simultaneous loans being made to purchase or finance the subject property or another property that is in process. All of the loans reviewed had assets equal to or substantially higher than the program requirement.

Notably, however, under these guidelines, while the lender apparently does not calculate the applicant's monthly DTI or residual income, which is one of the eight ATR factors required to meet ATR compliance, it does require substantial asset reserves in lieu of income verification and it considers the other seven ATR elements in determining the consumer's ability to repay the loan.

The asset depletion program is a niche program that is made available only to highly qualified applicants. A touchstone of the regulations implementing the Dodd-Frank Act is the leeway accorded creditors in developing their own underwriting standards.

Notwithstanding the risk associated with non-ATR compliance, we deemed the loans originated under this asset qualification program generally meet the requirements and are therefore ATR compliant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 Qualified Mortgage.

Mission confirmed in all cases that the loans contained in this pool were non-Qualified Mortgages and therefore classified as Non-QM in the reports. The following was verified as well:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.1 Mission verified the were no Negative Amortization
and no interest only payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.2 Mission verified there were no loan terms that
exceeded 30 years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3.3 Mission verified these were non-QM loans and
therefore exempt from QM Points and Fees testing. However, were specific state requirement exist, Mission identified these loans with
a Finding of Informational only.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4 QM DTI Testing.

The debt-to-income threshold of 43.00% applies only to any QM loan. Mission verified these were non-QM loans and therefore exempt from QM DTI testing. However, Mission did calculate DTI and verify to comply with the Client provided underwriting guideline requirements or apportion of the loans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5 HPML Testing- QM APR.

Mission verified these were non-QM loans and therefore exempt from HPML Testing- QM APR testing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.6 Escrow Requirement – High Cost.

Mission verified the required escrow accounts to be in place for the first five years of the transaction.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. TILA/RESPA Integrated Disclosures

Mission used following criteria was used in determining whether TRID applies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 Application Date

The Application Date is October 3, 2015, or later (the earlier of the date the broker or lender received the borrower's application).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 Purpose and Property Type

For those loans where the Purpose and Property Type included a closed-end mortgage secured by real estate and primary purpose was to occupy or hold as a second home(Purchase or Refinance).

The loan Purpose and Property Type does not include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Home
Equity Lines of Credit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Reverse
mortgages

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Dwellings
that are not attached to real 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;▪ Mobile
homes, where the consumer does not own the land

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4 TILA Exemption

Mission applied the standard exemptions from TILA, i.e., business purposes loans, loans for agricultural purposes and loans secured by five (5) or more units.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.5 TRID Loan Estimate ("LE")

Mission verified of compliance with timing requirements as to whether the Initial LE was delivered within three (3) business days from the Application Date. The Initial LE shall use the delivery date to calculate the earliest closing Consummation Date (no less than seven (7) business days from the delivery of the Initial LE). The delivery date is the date the creditor hand delivers the disclosures or places the disclosures in the mail, 1026.19(e)(l).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.6 Revised LE's

Mission verified any revision to the Initial LE and validated that the Revised LE was provided within three (3) days of COC, BRC or interest rate lock. Mission validated as necessary for sufficient information to establish one of the six (6) valid reasons to reset tolerance fees set forth in 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;&nbsp;&nbsp;&nbsp;&nbsp;▪ Changed
Circumstance affecting settlement charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Change
Circumstance affecting eligibility

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Revisions
requested by the consumer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Interest
rate dependent charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Expiration
of the 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;▪ Delayed
settlement date on a construction loan

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Timing
Requirement for LE seven days prior to consummation

Mission also validated that settlement charges good through date, time and time zone were properly disclosed with minimum of ten (10) days during which borrower is permitted to shop knowing fees are locked during that timeframe.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.7 Determination of Final LE

Mission analyzed each LE in file to determine final Binding LE. If there is a change in loan terms, change in interest rate or increase in charges subject to variances without valid reason for a Revised LE as set forth above, findings were cited. If the Revised LE was issued without a valid reason, the previous valid LE was considered the Binding LE for the purposes of comparison with the Closing Disclosure. Mission verified compliance with timing requirements to ensure there were no loan estimates provided to the borrower after a Closing Disclosure had been delivered, and whether the Final LE was provided at least four (4) business days prior to the closing Consummation Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.8 LE Confirmation of Receipt

If the LE did not contain a signature line for the consumer's confirmation of receipt, then Mission verified electronic delivery of documents provided to borrower.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9 Closing Disclosures

Mission analyzed each Closing Disclosure in the file all sections of Closing Disclosures were completed (no blanks, ''NA's" or incomplete sections) and the Disclosure is accurate 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;6.9.1 Mission verified that the correct form is used and General loan information and loan terms sections
were completed, and formatting is 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;6.9.2 Verified the loan term, purpose, and product descriptions follow the prescribed format.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.3 Verified all applicants applying for credit, as disclosed on the application, are listed on the
CD

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.4 Verified critical section such as "Can this amount increase after closing?" and "Does
the loan have these features" sections are completed and are accurate based on the terms disclosed on the LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.5 If rate was locked, Mission verified lock expiration date, time and time zone was disclosed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.6 Validated projected Payments and Estimated Taxes, Insurance & Assessments sections were complete
and accurate based on the loan terms and information known at the time of 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;6.9.7 Verified the Closing Costs and Cash-to-Close sections were complete and accurate based on the information
provided on page 2 of the CD.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.8 Verified fees disclosed properly (alphabetical order within Section with certain exceptions, and
all title fees start with "Title - ") were accurate in the Closing Cost Details section.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.9 Validated when Interest Only Payments, Optional Payments, Step Payments, or Seasonal Payments, is
Adjustable Payment ("AP") Table were disclosed and accurate based on early disclosures 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;6.9.10 Validated when ARM or Step Rate, that Adjustable Interest Rate ("AIR") Table was properly
disclosed and accurate based on the early disclosures 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;6.9.11 Verified the Comparison section is complete.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.12 Validated that all Rounding rules were verified as per 1026.37(o)(4).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9.13 Validated the Other Considerations Section was complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10 Written List of Providers

Mission verified that if the lender placed fees in the Services You Can Shop For category, that the file properly contained a Written List of Providers provided to the borrower within three (3) business days of application. The WLSP must have included at least one available provider for each service and state the consumer may choose a different provider for that service. If a WLSP was not provided, the fees will be treated as a 10% Tolerance fee and a finding for missing service provider list will be noted. If a WLSP is provided outside of three (3) days of the application date, the fees will be treated as a 10% Tolerance fee and a finding for a service provider list being provided outside of three (3) days from application will be noted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11 Variance Testing

Mission deploys in its testing one or the other of the following Variance Categories in performing variance tests:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.1 Zero Tolerance Variance- A finding will be cited if any charges increase
from the Binding LE to the Final CD without COC or BRC.

Such increases include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Fees
paid to the lender, broker or an affiliate of either lender or broker [except fees paid to an affiliate of the lender for services NOT
required by the creditor are not subject to tolerance/variance per CFR 1026.19(e)(3)(iii)(E)];

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Fees
paid to an unaffiliated third party if the lender did not permit the borrower to shop for servicer; 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;▪ Transfer
taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Lender
Credits

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.2 10% Tolerance Variance- A finding will be cited if the aggregate of
the charges increased by more than 10% from the Binding LE to the Final CD without COC or BRC. If a fee/service is listed on the LE but
not charged/reflected on the Final CD, the fee will be removed and not considered in calculating the 10% variance threshold pursuant to
CFR 19(e)(3)(ii)-5.

Such increases include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Recording
fees; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Charges
for third party services not paid to creditor or affiliate AND borrower permitted to shop for service but selects a provider on the creditor's
Written List of Service Providers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.3 Prepaid mortgage insurance will be treated as a 10% tolerance fee if
it can be shopped for (and not identified as an affiliate), otherwise it will be treated as a Zero Tolerance fee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.4 No Tolerance/Unlimited - No finding will be cited if any of the charges
change from the Binding LE to the Final CD, provided that the disclosed amount on the LE is based on information reasonably known to the
creditor at the time of disclosure (disclosed in good faith), such as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Prepaid
interest;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Property
insurance premiums;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Impounds/Escrows;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Charges
for services required by the creditor but the borrower is permitted to shop for and borrower selects a third party provider not on the
lender's Written Service Provider List; 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;· Charges
for third party services not required by the creditor (even if paid to an affiliate of the creditor).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.5 Prepaid property taxes charged by local and state governments periodically
will have no tolerance under the general 'best information reasonably available' standard unless otherwise instructed by the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.6 As noted above, Mission reviewed the loan file for evidence the disclosure
was not made in "Good Faith". "Good faith" means the creditor made the estimate based on the information reasonably
available to them at the time the LE was provided. Absent such evidence, Mission will consider the disclosures made in "good faith".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.7 Additionally, if a documented valid COC or BRC occurred resulting in
a change to loan terms, settlement charges or interest rate within four (4) business days of consummation, the variance test will be performed
based on the revised amounts disclosed on the initial CD (or subsequent CD if change occurs after the initial CD has been provided) provided
that the change is related to the COC or BRC per Comment 19(e)(4)(ii)-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.8 For loans with no Interim LE and no COC or BRC occurring four (4) days
prior to consummation, fees and charges on the CD were tested for compliance with permitted variances against fees disclosed on Initial
LE.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.9 For loans with an Interim LE, the review of each Interim LE and fees
and charges on the CD were tested for compliance with variance thresholds against fees supported by a valid COC or BRC related to the
charge that increases.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11.10 In those cases where an Interim LE was issued with several fee increases,
but only some are supported by or related to a valid COC or BRC, those fees which are not supported by or related to a valid COC, BRC
or disclosed on an LE that was not provided timely (within three (3) business days of changed
circumstance) were tested for variance using the amounts disclosed in the Initial LE previously valid LE.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12 TRID Review - Closing Disclosures ("CD")

Mission conducted a full Closing Disclosure review and verified the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.1 That the correct form was used and all sections of the CD were completed
(no blanks or incomplete sections).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.2 Acknowledgement of receipt, either by signature or evidence of electronic
delivery by all borrowers with a right to rescind under 1026.23 by verifying that each borrower with a right to rescind was provided with
a copy of the CD. This could include the non-borrowing spouse. Acknowledgement is based on either signature, evidence of electronic delivery
or by apply the common mail rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.3 If a subsequent CD was issued with changes to (a) the loan product which
affects disclosed terms and loan information; (b) the addition of a prepayment penalty; or (c) an APR which exceeds the previously disclosed
APR by more than the permitted tolerances for accuracy, Mission validated that the borrower was given an additional three (3)-business
day waiting period from the date of final pre-close CD with (a) the final loan product; (b) the prepayment penalty addition; or (c) the
APR, and that the final pre-close CD has been received by borrower by 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;6.12.4 On the final CD the following checks and limitations apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.5 Verification of the technical formatting of the CD is out of scope in
the standard review. The formatting of the document is the responsibility of the document preparation 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;&nbsp;&nbsp;&nbsp;&nbsp;6.12.6 Closing, Transaction and Loan Information sections have been completed
with accurate 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;6.12.7 Loan terms sections are completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.8 Mission will verify loan term, purpose, and product descriptions follow
the prescribed format.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.9 Mission will verify all applicants applying for credit, as disclosed
on the application, are listed on the LE

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.10 "Can this mount increase after closing?" and "Does the
loan have these features" sections are completed accurately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.11 Projected Payments and Estimated Taxes, Insurance & Assessments
sections are completed accurately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.12 Fees have been disclosed properly (alphabetically, correct buckets and
all title fees start with "Title - ") in Closing Cost Details section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.13 Any additional fees for sections other than Section C (Services You
Can Shop For).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.14 Calculating Cash to Close table completed accurately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.15 Summaries of Transaction section completed accurately

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.16 CD Assumption, Demand Feature, Negative Amortization, and Partial Payments
sections completed properly (at least and only one box selected).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.17 Late Payment completed properly (terms disclosed and accurate per note).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.18 Escrow
Amount section was completed properly (only one box selected and amounts

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disclosed). <br> 6.12.19 Escrow Property Costs over Year 1 to be calculated per the payments scheduled to be made in a 1 year period after consummation (1026.38)1)(7)(i) (A)(I).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.20 Non-Escrowed Property Costs over 1 Year to be calculated using either
11 or 12 months as determined by client. (1026.38)(1)(7)(i)(B)(1)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.21 If Interest Only, Optional Payments, Step Payments, or Seasonal Payments,
is

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.22 Adjustable Payment ("AP") Table disclosed accurately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.23 If ARM or Step, is Adjustable Interest Rate ("AIR") Table
was disclosed accurately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.24 Loan Calculations sections were complete and 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;&nbsp;&nbsp;&nbsp;&nbsp;6.12.25 Total of Payments is accurate per 1026.38(o)(1).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.26 Include fees in section A, B, and C that are paid by the borrower as
well as the seller or other if those fees are customarily paid by 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;6.12.27 Mission captured amounts disclosed in Loan Calculations section and
tested for TILA tolerance violations on disclosed APR and Finance Charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.28 Mission confirmed the Total Interest Percentage (TIP) was accurate with
proper rounding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.29 Other Disclosures section was complete with at least one choice selected
as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12.30 Rounding rules were verified as per 1026.38(t)(4). Rounding on all percentages
except APR is percentages should be truncated so that a zero is not disclosed in the last decimal place (7.250 should be rounded to 7.25).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13 TRID Method of Delivery/Receipt LE and CD

Mission verified the method of receipt of the revised LE and CD and performed a compliance test with timing requirements. For purposes of the review and verification, the date the borrower is deemed to have received the disclosure(s) is based on any of the following methods:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13.1 In Person: borrower signature date is used.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13.2 Electronic - No Receipt Confirmation in File: three (3) business days
from later of document issue date or proof of e-delivery date is used.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13.3 Electronic - With Receipt Confirmation in File, date of receipt confirmation
is used.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13.4 Electronic - Delivery confirmation of an email, assuming the borrower(s)
have consented to electronic delivery.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13.5 Mail (USPS or other parcel delivery service) - No Receipt Confirmation
in File: three (3) business days from later of document issue date or proof of mailing date is used. Delivery confirmation, i.e., confirmation
that documents have been delivered to the borrower(s) door. Signature receipt by anyone other than the borrower(s) to the mortgage transaction
constitutes evidence of delivery, not receipt, for the purposes of the receipt 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;&nbsp;&nbsp;&nbsp;&nbsp;6.13.6 Mail (USPS or other parcel delivery service) - With Receipt Confirmation
in File: date of receipt confirmation is used. Delivery confirmation, i.e., confirmation that documents have been delivered to the borrower(s)
door. Signature receipt by anyone other than the borrower(s) to the mortgage transaction constitutes evidence of delivery, not receipt,
for the purposes of the

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| | |
|:---|:---|
|  | receipt requirements. Unknown (unable to determine delivery method or unable to verify borrower received disclosures in any other method than by USPS Mail method): follow the USPS Mail delivery method of three (3) business days from the document issue date. As noted above, a signature by anyone other than the borrower(s) constitutes evidence of delivery and the method of receipt will be considered unknown, requiring an additional three (3) days from the date the non-borrower received the documents. |
| 6.13.7 | Electronic Disclosures. If disclosures were sent electronically, a finding was cited if there was no evidence in the file that the borrower consented to receive disclosures electronically. Default to the three (3) business day mail rule for delivery without the proper documentation of borrower consent. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14 Other TRID Compliance Testing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14.1 Mission verified that the Home Loan Toolkit was present. If not present,
a finding was cited if the Your Home Loan Toolkit Disclosure or evidence the disclosure was delivered or placed in the mail is not in
the file or was not provided to the borrower 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;6.14.2 Consummation Date: Consummation varies by applicable state law and the
term is not often clearly defined. Accordingly, Mission used the notary date of the Deed of Trust to confirm 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;6.14.3 Post-Consummation Disclosures: As noted in the findings resolutions,
the creditor used a Post-consummation Closing Disclosure to either correct clerical errors and clear findings or to cure pre-consummation
fee tolerance errors and clear findings. In all cases, Mission confirmed the testing against the Post-consummation Closing Disclosure
before findings were resolved.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15 SUBSEQUENT CHANGES AFTER CONSUMMATION

There were loans in the pool reviewed by Mission that contained findings related to issues that could only be cured by issuance of a Post-close Closing Disclosure. The following prescribed cures as set forth in section 1026.19 (t)(2)(iii) through (v) that are acceptable for changes and corrections to the Final CD after 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;6.15.1 Section 1026.19(t)(2)(iii) - Changes due to events occurring after consummation.
If within 30 days of consummation or as in this case, within 30 days of creditor first becoming aware of the existence of an event, an
event occurs that causes the final CD to become inaccurate and such inaccuracy results in a change to an amount actually paid by the borrower(s)
from the amount disclosed, Mission tested for evidence that a new, corrected CD was delivered or placed in the mail to the borrower within
thirty (30) days of receiving information that an event occurred.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15.2 Section 1026.19(f)(2)(iv)- Changes due to clerical errors. Non-numeric
clerical errors, for the purpose of this scope are any error not related to a disclosed dollar amount or percentage. Where applicable,
Mission tested for evidence that a new,

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corrected Post-Closing CD was delivered or placed in the mail to the borrower within sixty (60) calendar days of consummation, or within sixty (60) calendar days of the first date of which the creditor becomes aware of such error.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15.3 Section 1026.19(f)(2)(v)-Refunds related to the good faith analysis.
Where applicable, Mission identified findings related to fee disclosures and brought such findings to the attention of the creditor. As
noted in the resolution of these findings, the Creditor acted in Good Faith and cured these findings by issuing a corrected Post-Closing
CD and where a fee tolerance violation occurred the Creditor issued a refund to the borrower. In all cases, Mission tested for evidence
such as a copy of the refund check, a new corrected CD, and evidence the creditor delivered or placed in the mail to the borrower within
the timeframe necessary as noted in the resolution to the findings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15.4 A post-consummation CD is understood to be issued with a Date Issued
represented as the date the post-consummation CD was 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;&nbsp;&nbsp;&nbsp;&nbsp;6.15.5 Errors on LE's and Interim CD's and numeric errors on final CD's which
do not have prescribed cures as per the regulation were not be reported as having been cured. The assessment of risk and decision to accept
a finding that does not have a prescribed cure is the responsibility of the purchaser of the loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16 Additional Disclosures and Requirements:

Mission confirmed compliance with current documentation and timing requirements in effect at origination of the Mortgage Loan including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16.1 Confirmed the presence of the Home Loan Tool Kit is in file for covered
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;6.16.2 Confirmed 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16.3 Confirmed the Affiliated Business
Disclosure provided within three general business days of "Application" (Mission 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16.4 Confirmed the Affiliated Business
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;6.16.5 Confirmed the presence of
the Initial Escrow Disclosure Statement 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;&nbsp;&nbsp;&nbsp;&nbsp;6.16.6 Confirmed the Initial Escrow
Disclosure Statement was provided at closing or within 45 days after settlement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16.7 Confirmed that each mortgage
loan adhered 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17 High Cost- State & Local Anti-Predatory Regulations:

In addition to federal thresholds, Mission reviewed the anti-predatory lending statutes in the following states and local municipalities, as applicable:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.1 Arkansas Home Loan Protection Act, AR. Stat. Ann.§ 23-53-101 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.2 California Anti-Predatory Lending Statute, CA. Fin. Code§ 4970
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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.3 4.3 California Higher Priced Mortgage Loan Statute, CA. Fin Code
 § 4995 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.4 4.4 Colorado Consumer Equity Protection Act, CO. Rev. Stat. §
5-3.5-101 et seq. and as amended by Senate Bi11216 (2007) and House Bi111322 (2007)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.5 Colorado Consumer Credit Code, CO. Rev. Stat. 5-1-101 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.6 Connecticut Abusive Home Loan Lending Practices Act, CT. Stat. Ann.
 § 36a-746 et seq. and the Responsible Lending and Economic Security Act, CT. House Bill 5577 (2008).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.7 Connecticut Nonprime Home Loan Statute, CT. Gen. Stat. §§
36a-760 et seq. (as originally enacted and as amended by Senate Bill 949.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.8 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. and DC Mortgage Disclosure Act of2007.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.9 Florida Fair Lending Act, FL. Stat. Ann. § 494.0078 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.10 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.11 Idaho Residential Mortgage Practices Act, ID. Code§ 26-3101 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.12 Illinois High Risk Home Act, IL. Comp Stat. tit. 815, §§ 137/5
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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.13 Illinois High Risk Home Loan Regulations, 38 IL. Admin. Code §
345.10 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.14 Illinois High Risk Home Loan Act, Public Act. 93-0561 (2003).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.15 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.16 Cook County, Illinois, Anti-Predatory Lending Ordinance, Ordinance No.
240864 (2001) as amended by Illinois SB 1167 (2007).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.17 Indiana Home Loan Practices Act, IN. Code§ 24-9-1-1 et seq. and
as amended by 2005 In. P.L. 141 § 6 P2013-011.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.18 Kansas Consumer Credit Code, KS. Stat. Ann. § 16a-1-101 et seq.
Sections 16a-1-301, 16a-3- 207 and 16a-3-308a.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.19 Kentucky Anti-Predatory Lending Statute, KY. Rev. Stat. § 360.100
et seq. and as amended by KY. House Bill 552 (2008).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.20 Maine, An Act to Enhance Consumer Protections in Relation to Certain
Mortgages, 9A ME. Rev. Stat. Ann. §§ 8-101; 8-103(1); 8-206(8); 8-206A and ME. Legislative Document 1869 (2007).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.21 Maryland Commercial Law, MD. Stat. Ann. §§ 12-124.1; 12-127;
12-409.1; 12-1029 and as amended by MD. Senate Bill 270 (2008) and Maryland Regulations under the MD. Mortgage Lender Law (2009).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.22 Maryland Regulations for Higher Priced Mortgage Loans, as promulgated
under the MD. 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.23 Massachusetts High Cost Mortgage Regulations, 209 CMR § 32.32 et
seq. including MA. House Bill4387 (2008) 20. MA. Predatory Home Loan Practices Act, M.G.L. Chapter 183(C).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.24 Massachusetts Regulations for Higher Priced Mortgage Loans, 209 MA.
Code Regs. §§ 32.00

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.25 Massachusetts "Borrower's Interest" Standard, M.G.L. Chapter
183, §28C.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.26 Massachusetts Mortgage Lender and Broker Regulations, 940 CMR §
8.00 (15-17).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.27 Michigan Consumer Mortgage Protection Act, MI. Stat. Ann. § 445-1631
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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.28 Minnesota Mortgage Originator and Service Licensing Act, § 58.137
etal. (S.F. 2988 (2002) and as amended by House File 1004 and SF 98 (2007) and SF 3154 and 3214 (2008).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.29 Nebraska Mortgage Bankers Registration and Licensing Act, NE. Stat.§
45-702 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.30 Nevada Anti-Predatory Lending Law, NV. Rev. Stat. § 598D.010 et
seq. and as amended by AB 440 and492.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.31 New Jersey Home Ownership Security Act of 2002, NJ. Stat. Ann. §C:46:10
B-22 et seq. and as amended by PL. 2004, Ch. 84 § 1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.32 New Mexico Home Loan Protection Act, NM. Stat. Ann. § 58-21A-1
et seq. and as amended by Senate Bill 342 (2009 High Cost Home Loan Act, NY. Bank. L. Ch. 626., as implemented by 3 NYCCR Part 41 (2003)
and as amended by Senate Bill 8143-A (2008). Banking Law Article 6-1 (2003) and 6-m (2008).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.33 New York High Cost Home Loan Regulations, 3 NYCCR
Part 41 (2001).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.34 New York High Cost Home Loan Act, NY. Bank. L. Ch.
626., as implemented by 3 NYCCR Part 41 (2003) and as amended by Senate Bill 8143-A (2008). Banking Law Article 6-1 (2003) and 6-m (2008).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.35 North Carolina Anti-Predatory Lending Law, NC. Gen. Stat. §§
24-l.1 to 24-10.2 and North Carolina Amendments to Anti-Predatory Lending Law, NC. Gen. Stat. §§ 24-9; 24-l.l(E)(a); 24-10.2(a)
and as amended by House Bill1817 (2007).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.36 Ohio Anti-Predatory Lending Statute, OH. Rev. Code Ann. §§
1349.25 to 1349.37and § 1.63 and as amended by S.B. 185.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.37 City of Cleveland Heights, Ohio, Anti-Predatory Lending Ordinance, Ordinance
No. 72-2003.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.38 Oklahoma Anti-Predatory Lending Law, House Bill No. 1574 (2003).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.39 Oklahoma Higher -Priced Mortgage Loans Law, OK. Admin. Code§§
160:45-9-1 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.40 Pennsylvania Consumer Equity Protection Act, 63 PA. Cons. Stat. Ann.
 § 456.501 et seq. 4.41 City of Providence, Rhode Island Predatory Lending Ordinance, Ordinance No. 245, Chapter 2006-33 as amended.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.41 Rhode Island Home Loan Protection Act, Chapter 25.2 of Title 34 of RI.
Gen. Laws. §§ 34-25.2-1 et seq., including the Emergency and Final 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.42 South Carolina High-Cost and Consumer Home Loans Act, SC. Code§
37-23-10 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.43 South Carolina Consumer Protection Code, SC. Code 37-1-101 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.44 Tennessee Home Loan Protection Act, TN. Code Annotated §§
45-20-101 et seq., Title 47 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.45 Texas High-Cost Home Loan Statute, TX. Fin. Code Ann.§ 343.201
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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.46 Texas Constitution, Section 50(a)(6), Article XVI

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.47 Utah Residential Mortgage Practices Amendments, UT. Code Ann.§
61- 2c-102 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.48 Utah High Cost Home Loan Act, UT. Code § 61-2d-101 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.49 Vermont Interest Act, 9 V.S.A. § 104, implemented by Regulation
B-98-2.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.50 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.51 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.52 Washington House Bill 2770, Mortgage Lending and Homeownership, Chapter
108, Laws of 2008.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.53 Wisconsin Responsible High Cost Mortgage Lending Act, WI. Stat. §
428.202. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17.54 West Virginia Residential Mortgage Lender, Broker and Servicer Act,
WV. Code § 31-17-1 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;&nbsp;&nbsp;&nbsp;&nbsp;6.17.55 Wyoming Credit Code, WY. Stat. Ann.§§ 40-14-101 et seq.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.18 Regulatory Compliance Disclaimer

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

Please be further advised that Mission does not employ personnel who are licensed to practice law in various jurisdictions, and the findings set forth in the reports prepared by Mission do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to Mission. 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 Mission 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 Mission 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;&nbsp;&nbsp;&nbsp;&nbsp;6.19 Misrepresentation and Third-Party Report Review

Mission verified that fraud reports were present on all loans and independent third-party property valuations reports are 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;6.19.1 Misrepresentation Review

Mission validated the presence of a Fraud Guard report on each loan to identify potential misrepresentations of income, employment, identity, occupancy, transaction and appraisal misrepresentation or other areas of potential misrepresentation.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.19.2 Alerts

Mission validated credit report alerts for accuracy and potential issues.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.19.3 Social Security Numbers

Mission verified SSN(s) across all file documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.19.4 Document Integrity

Mission validated to the extent possible for apparent alterations to loan documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.19.5 Data Consistency

Mission validated the documents contained in the loan file for consistency of data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.19.6 5.1.6 Third Party Fraud Tools

To the extent a third-party Fraud Guard was present in the loan file, Mission reviewed high level or critical warnings were reviewed and addressed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Data Integrity Review

Mission was provided with a Client bid tape to conduct a Data Integrity Review. The Client provided a data tape with the following data fields and Mission compared the field to the applicable source document and reported all variances.

The following fields were provided and compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower
First Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower
Last Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Co-Borrower
First Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Co-Borrower
Last Name

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ # of
Units Financed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Contract
Sales Price

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Debt
Service Coverage Ratio (Business Purpose Investment 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;▪ Borrower
Qualifying FICO

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Borrower
Total 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;▪ Occupancy

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ First
Payment 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;&nbsp;&nbsp;&nbsp;&nbsp;▪ Primary
Appraised Value for LTV

&nbsp;&nbsp;&nbsp;&nbsp;&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
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;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
Note Interest Rate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
Loan Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
LTV

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Original
P&I

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Property
Type

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Refinance
Purpose

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
Property Street

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
Property City

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
Property State

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Subject
Property Zip

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Loan and Exception Level Grading Methodology

Pursuant to the applicable NRSRO criteria, Mission graded each loan exception with an event level 1 for exceptions findings that are informational in nature, event level 2 for exceptions findings that are considered non-material, event level 3 for exceptions findings that are considered material. In accordance applicable NRSRO criteria exceptions and overall initial loan grades and final loan Grades were assigned with an A, B, C or D. The methodology for the application of RMBS grading is defined by each NRSRO in their current industry publications as updated from time to time.

Pursuant to the applicable NRSRO criteria, Mission graded certain compliance exceptions as non-material based on seasoning of the mortgage loan. Where applicable, mortgage loans that are seasoned beyond the applicable period under TILA in which affirmative claims could be brought by a consumer. The period is not limited for claims, other than recission, which are raised as a defense to foreclosure. Information contained in any Mission 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.

**S&P AND KROLL GRADING METHODOLOGY**

---

| | | |
|:---|:---|:---|
| **NRSRO Grade** | **# of Loans** | **% of Loans (by count) in<br> MISSION Population** |
| A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | 100.0% |
| B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0% |
| C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0% |
| D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0% |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**NRSRO GRADE<br> SUMMARY** | | |
| &nbsp;&nbsp;**NRSRO GRADE** | <br>**# of Loans** | <br>&nbsp;&nbsp;**% of Loans (by count) in <br> MISSION Population** |
| &nbsp;&nbsp;**CREDIT** |  |  |
| &nbsp;&nbsp;**A** | 9 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**B** | 0 | &nbsp;&nbsp;&nbsp;0% |
| &nbsp;&nbsp;**C** | 0 | &nbsp;&nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | 0 | &nbsp;&nbsp;&nbsp;0% |

---

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---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**COMPLIANCE \*** |  |  |
| &nbsp;&nbsp;**A** | 2 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;**B** | 0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**C** | 0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | 0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**PROPERTY/VALUE** |  |  |
| &nbsp;&nbsp;**A** | 9 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**B** | 0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**C** | 0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;**D** | 0 | &nbsp;&nbsp;0% |

---

\*Note - loans with a loan purpose or occupancy of "investment" were not tested for Compliance and therefore graded NA.

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**DATA INTEGRITY REVIEW**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Data Compare Summary (Total)** | &nbsp;&nbsp;**Data Compare Summary (Total)** | &nbsp;&nbsp;**Data Compare Summary (Total)** | &nbsp;&nbsp;**Data Compare Summary (Total)** | &nbsp;&nbsp;**Data Compare Summary (Total)** |
| &nbsp;&nbsp;**Verus 2023-1** | &nbsp;&nbsp;**Verus 2023-1** | &nbsp;&nbsp;**Verus 2023-1** | &nbsp;&nbsp;**Verus 2023-1** |  |
| &nbsp;&nbsp;**Run Date - 12/9/2022 07:30:00 AM** | &nbsp;&nbsp;**Run Date - 12/9/2022 07:30:00 AM** | &nbsp;&nbsp;**Run Date - 12/9/2022 07:30:00 AM** | &nbsp;&nbsp;**Run Date - 12/9/2022 07:30:00 AM** | &nbsp;&nbsp;**Run Date - 12/9/2022 07:30:00 AM** |
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With<br> Discrepancy** | &nbsp;&nbsp;**Total <br> Times<br> Compared** | &nbsp;&nbsp;**% Variance** | &nbsp;&nbsp;**Comments** |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Coborrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Coborrower Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;# of Units | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Contract Sales Price | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Debt Service Coverage Ratio | &nbsp;&nbsp;6 | &nbsp;&nbsp;7 | &nbsp;&nbsp;85.71% | &nbsp;&nbsp;All variances were the result of rounding differences or other variations in what was captured from the credit reports. Mission verified all captured DSCR ratios met Guidelines. |
| &nbsp;&nbsp;Borrower Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Borrower Qualifying DTI | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Borrower Total Income | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Primary Appraised Value for LTV | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Note Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Original Note Interest Rate | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;First Interest Rate Change Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Original LTV | &nbsp;&nbsp;3 | &nbsp;&nbsp;9 | &nbsp;&nbsp;33.33% |  |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;11.11% | &nbsp;&nbsp;Property Type variations were a result of enumeration differences between the client bid tape and ASF property types designations. Primarily these are differences in Condo or attached family designations. Mission verified in each case that the property type met guideline requirements with verification from the property appraisal. |
| &nbsp;&nbsp;Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Refi Purpose | &nbsp;&nbsp;4 | &nbsp;&nbsp;7 | &nbsp;&nbsp;57.14% | &nbsp;&nbsp;Refi Purpose variations were a result of enumeration differences between the client bid tape and ASF Refi purpose designations. Mission verified in each case that the refi purpose met guideline requirements with verification from the property appraisal. |
| &nbsp;&nbsp;Property Street | &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;11.11% |  |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |
| &nbsp;&nbsp;Property Zip | &nbsp;&nbsp;0 | &nbsp;&nbsp;9 | &nbsp;&nbsp;0.00% |  |

---

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**POOL DETAILS**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Amortization Type** | **Amortization Type** | **Amortization Type** | **Borrower Citizenship** | **Borrower Citizenship** | **Borrower Citizenship** |
| &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** | &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;8 | &nbsp;&nbsp;88.9% | &nbsp;&nbsp;Foreign National | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Adjustable Rate Mortgage | &nbsp;&nbsp;1 | &nbsp;&nbsp;11.1% | &nbsp;&nbsp;Non-Permanent Resident Alien | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% | &nbsp;&nbsp;Permanent Resident Alien | &nbsp;&nbsp;2 | &nbsp;&nbsp;22% |
|  |  |  | &nbsp;&nbsp;US Citizen | &nbsp;&nbsp;6 | &nbsp;&nbsp;67% |
|  |  |  | &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| **Loan Purpose** | **Loan Purpose** | **Loan Purpose** | **Occupancy** | **Occupancy** | **Occupancy** |
| &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** | &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% | &nbsp;&nbsp;Investment | &nbsp;&nbsp;7 | &nbsp;&nbsp;78% |
| &nbsp;&nbsp;Refinance - Cash Out | &nbsp;&nbsp;7 | &nbsp;&nbsp;78% | &nbsp;&nbsp;Primary Residence | &nbsp;&nbsp;2 | &nbsp;&nbsp;22% |
| &nbsp;&nbsp;Refinance - Limited Cash Out | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% | &nbsp;&nbsp;Secondary Residence | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Refinance - Rate and Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |  |  |  |
| **Original Interest Rate** | **Original Interest Rate** | **Original Interest Rate** | **Property Type** | **Property Type** | **Property Type** |
| &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** | &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** |
| &nbsp;&nbsp;< 3.500% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;2 Family | &nbsp;&nbsp;3 | &nbsp;&nbsp;33% |
| &nbsp;&nbsp;3.500 - 3.999% | &nbsp;&nbsp;5 | &nbsp;&nbsp;56% | &nbsp;&nbsp;4 Family | &nbsp;&nbsp;2 | &nbsp;&nbsp;22% |
| &nbsp;&nbsp;4.000 - 4.499% | &nbsp;&nbsp;2 | &nbsp;&nbsp;22% | &nbsp;&nbsp;PUD | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% |
| &nbsp;&nbsp;4.500 - 4.999% | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% | &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;3 | &nbsp;&nbsp;33% |
| &nbsp;&nbsp;5.000 - 5.499% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;5.500 - 5.999% | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% |  |  |  |
| &nbsp;&nbsp;6.000 - 6.499% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;6.500 - 6.999% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;7.000 - 7.499% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;7.500 - 7.999% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;>= 8.000% | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |  |  |  |

---

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**POOL DETAILS**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Qualifying FICO Credit Score** | **Qualifying FICO Credit Score** | **Qualifying FICO Credit Score** | **Verified DSCR** | **Verified DSCR** | **Verified DSCR** |
| &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** | &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** |
| &nbsp;&nbsp;< 501 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;< 1.00 | &nbsp;&nbsp;4 | &nbsp;&nbsp;44% |
| &nbsp;&nbsp;501 - 600 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;1.00 - 1.99 | &nbsp;&nbsp;5 | &nbsp;&nbsp;56% |
| &nbsp;&nbsp;601 - 700 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;2.00 - 2.99 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;701 - 800 | &nbsp;&nbsp;8 | &nbsp;&nbsp;89% | &nbsp;&nbsp;3.00 - 3.99 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;801 - 900 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% | &nbsp;&nbsp;>= 4.00 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;No FICO | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% | &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |  |  |  |
| **Verified DTI** | **Verified DTI** | **Verified DTI** |  |  |  |
| &nbsp;&nbsp;**Type** | &nbsp;&nbsp;**Count** | &nbsp;&nbsp;**% of<br> Pool** |  |  |  |
| &nbsp;&nbsp;< 10 or Null | &nbsp;&nbsp;7 | &nbsp;&nbsp;78% |  |  |  |
| &nbsp;&nbsp;10 - 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% |  |  |  |
| &nbsp;&nbsp;20 - 29 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;30 - 39 | &nbsp;&nbsp;1 | &nbsp;&nbsp;11% |  |  |  |
| &nbsp;&nbsp;40 - 49 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;> = 50 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0% |  |  |  |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;9 | &nbsp;&nbsp;100% |  |  |  |

---

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## Exhibit 99.40

**EXHIBIT 99.40**

**mission exception grade detail report**

![](tm2233586d1_ex99-40img001.jpg)

**Rating Agency Grades Detail**

**Verus 2023-1**

**Run Date - 12/9/2022 07:30:00 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Client Loan ID** | **Queue** | **Finding Code** | **Date Created** | **Date Modified** | **Finding Status** | **Event Level** | **Finding Category** | **Finding Sub Category** | **Finding Name** | **Finding Comments** | **Seller Comments** | **Resolution Comments** | **Reviewer Comp Factor** | **Originator Comp Factors** | **Finding Documents** | **Originator QM Status** | **Final Reviewed QM Status** | **Loan Amount** | **Property State** | **Occupancy** | **Loan Purpose** | **Refinance Purpose** | **Acknowledged / WaivedBy** | **Waiver in File?** | **Unique Finding ID** |
| xxxxxx | 758573 A NA |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other |  |  |  |
| xxxxxx | 758575 A NA |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Limited Cash Out - >2% of Loan Amount or $2000 |  |  |  |
| xxxxxx | 758576 C A NA | Closed | xxxxxx | 2021-10-09 07:06 | 2022-03-28 11:48 | Resolved | 1 - Information A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-The Initial 1003 is Present or Not Applicable (The 1003 Page Occupancy status is 'Investment'). - Due Diligence Vendor-xxxxxx<br>Rescinded-The Initial 1003 is Missing - Due Diligence Vendor-xxxxxx |  | Resolved-The Initial 1003 is Present or Not Applicable (The 1003 Page Occupancy status is 'Investment'). - Due Diligence Vendor-xxxxxx<br> Rescinded-The Initial 1003 is Missing - Due Diligence Vendor-xxxxxx |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758576 C A NA | Closed | xxxxxx | 2021-10-26 08:38 | 2021-10-29 15:49 | Resolved | 1 - Information C A | Compliance | Closing | HUD-1 not executed properly | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Uploaded the Final HUD<br> - Seller-xxxxxx<br> Open-missing signed HUD statement - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Uploaded the Final HUD<br> - Seller-xxxxxx<br>| Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx- FINAL xxxxxx CLOSING STATEMENT.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758691 D A NA | Closed | xxxxxx | 2021-11-01 20:27 | 2021-11-09 19:00 | Resolved | 1 - Information D A | Compliance | Missing Doc | Missing HUD-1 Closing Statement | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Uploaded HUD<br> - Seller-xxxxxx <br>Open-HUD-1 is missing - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Uploaded HUD<br> - Seller-xxxxxx<br>| Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx_ FINAL CLOSING STATEMENT.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758712 D A NA | Closed | xxxxxx | 2021-11-02 19:14 | 2021-11-10 15:17 | Resolved | 1 - Information C A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Uploaded Bank Statements - Seller-xxxxxx<br> Open-Asset Qualification Does Not Meet Guideline Requirements G/L Require 60 days S&S - xxxxxx account is only 1 month. Missing additional xxxxxx Stmt. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Uploaded Bank Statements - Seller-xxxxxx<br>| Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx.pdf<br>xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | xxxxxx |
| xxxxxx | 758712 D A NA | Closed | xxxxxx | 2021-11-02 19:14 | 2021-11-10 15:17 | Resolved | 1 - Information C A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. "Uploaded Bank Statements - Seller-xxxxxx<br> Open-Asset Record 2 Does Not Meet G/L Requirements G/L Require 60 days S&S - xxxxxx account is only 1 month. Missing additional xxxxxx Stmt. - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. "Uploaded Bank Statements <br> - Seller-xxxxxx | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx.pdf<br>xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | xxxxxx |
| xxxxxx | 758712 D A NA | Closed | xxxxxx | 2021-11-02 19:10 | 2021-11-10 15:16 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Purchase Contract | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx<br> Ready for Review-Document Uploaded. Uploaded Purchase Contract - Seller-xxxxxx<br> Open-None located in present file - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Uploaded Purchase Contract - Seller-xxxxxx | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx_PURCHASE CONTRACT.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | xxxxxx |
| xxxxxx | 758712 D A NA | Closed | xxxxxx | 2021-11-02 19:12 | 2021-11-10 15:16 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Explanation clears finding - Due Diligence Vendor-xxxxxx<br> Ready for Review-"This is a purchase we do not require a lease agreement<br> - Seller-xxxxxx <br> Open-None located in present file - Due Diligence Vendor-xxxxxx | Ready for Review-"This is a purchase we do not require a lease agreement<br> - Seller-xxxxxx | Resolved-Explanation clears finding - Due Diligence Vendor-xxxxxx |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase | NA | N/A | N/A | xxxxxx |
| xxxxxx | 758766 A NA |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other |  |  |  |
| xxxxxx | 758767 A NA | Closed | xxxxxx | 2021-11-05 11:29 | 2021-11-09 16:42 | Resolved | 1 - Information A | Compliance | Missing Doc | Missing HUD-1 Closing Statement | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. - Seller-xxxxxx <br>Open- - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Seller-xxxxxx | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx-FINAL CLOSING STATEMENT - xxxxxx.pdf | ATR/QM: Exempt | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758533 D A C | Closed | xxxxxx | 2021-11-08 13:50 | 2022-02-01 15:11 | Resolved | 1 - Information C A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Closing took place on xxxxxx therefore the right of rescission expiration date was xxxxxx. Contrary to the Settlement Statement . Funds Disbursed on xxxxxx, as evidenced by the "Final Disbursement Report" (see uploaded) provided by xxxxxx Company, after the right of rescission expiration date of xxxxxx therefore the borrower was provided the proper rescission period, until midnight of the third business day following consummation on xxxxxx based on all of the facts & circumstances. Lender also issued PCCD to correct the date discrepancy. Finding is resolved. - Due Diligence Vendor-xxxxxx <br> Unable to Resolve-Unable to Resolve-Lender noted valid. Finding. Loan cannot be resolved. Remains a C grade. - Due Diligence Vendor-xxxxxx <br> Open-This loan failed the TILA right of rescission test.<br>Closed-end (12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3))The funding date is before the third business day following consummation. <br>The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Due to Notary date of xxxxxx, full rescission period was not provided. - Due Diligence Vendor-xxxxxx | Ready for Review-Valid-What are our options. Seller-xxxxxx | Resolved-Closing took place on xxxxxx therefore the right of rescission expiration date was xxxxxx. Contrary to the Settlement Statement . Funds Disbursed on xxxxxx, as evidenced by the "Final Disbursement Report" (see uploaded) provided by xxxxxx, after the right of rescission expiration date of xxxxxx therefore the borrower was provided the proper rescission period, until midnight of the third business day following consummation on xxxxxx based on all of the facts & circumstances. Lender also issued PCCD to correct the date discrepancy. Finding is resolved. - Due Diligence Vendor-xxxxxx |  |  | MISC. POST CLOSING DOCUMENTS - xxxxxx.pdf<br>xxxxxx Final CD.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758533 D A C | Closed | xxxxxx | 2021-10-27 18:40 | 2021-10-29 16:27 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved- - Due Diligence Vendor-xxxxxx <br> Ready for Review-Document Uploaded. - Seller-xxxxxx <br> Open-Only one located in file is dated xxxxxx - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Seller-xxxxxx |  |  |  | xxxxxx- FINAL VERBAL VOE xxxxxx xxxxxx.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758533 D A C | Closed | xxxxxx | 2021-10-08 01:56 | 2021-10-18 08:42 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing evidence Mortgage/Deed of Trust will be recorded | Resolved-Creditor- File was closed within last 60 days. Mortgage was sent for recording and Final Title Policy will be provided upon the receipt. Finding is resolved.<br>- Due Diligence Vendor-xxxxxx <br>Open-Missing evidence of Mortgage recording - Due Diligence Vendor-xxxxxx |  | Resolved-Creditor- File was closed within last 60 days. Mortgage was sent for recording and Final Title Policy will be provided upon the receipt. Finding is resolved.- Due Diligence Vendor-xxxxxx |  |  |  | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |
| xxxxxx | 758700 D A | Closed | xxxxxx | 2021-11-04 17:14 | 2021-11-10 15:54 | Resolved | 1 - Information D A | Credit | Missing Doc | Missing VVOE dated within 10 days consummation | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx <br>Ready for Review-Document Uploaded. Uploaded VVOE - Seller-xxxxxx <br>Open- - Due Diligence Vendor-xxxxxx | Ready for Review-Document Uploaded. Uploaded VVOE - Seller-xxxxxx | Resolved-Document received clears finding - Due Diligence Vendor-xxxxxx |  |  | xxxxxx - FINAL VERBAL VOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | xxxxxx | xxxxxx | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | xxxxxx |

---

## Exhibit 99.41

**EXHIBIT 99.41**

**mission rating agency grades**

**Rating Agency Grades Summary**

**Verus 2023-1**

**Run Date - 12/9/2022 07:30:00 AM**

---

| | | |
|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Client Loan ID** | **Original Loan Amount** |
| xxxxxx | 758573 | xxxxxx A NA |
| xxxxxx | 758575 | xxxxxx A NA |
| xxxxxx | 758576 | xxxxxx A NA C |
| xxxxxx | 758691 | xxxxxx A NA D |
| xxxxxx | 758712 | xxxxxx D NA |
| xxxxxx | 758766 | xxxxxx A NA |
| xxxxxx | 758767 | xxxxxx A NA |
| xxxxxx | 758533 | xxxxxx D C A |
| xxxxxx | 758700 | xxxxxx D A |

---

## Exhibit 99.42

**EXHIBIT 99.42**

**mission data compare**

![](tm2233586d1_ex99-42img001.jpg)

**Data Compare Summary (Total)**

**Verus 2023-1**

**Run Date - 12/9/2022 07:30:00 AM**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Field Label** | **Loans With Discrepancy** | **Total Times Compared** | **% Variance** | **Comments** |
| Borrower First Name | 0 | 9 | 0.00% |  |
| Borrower Last Name | 0 | 9 | 0.00% |  |
| Coborrower First Name | 0 | 9 | 0.00% |  |
| Coborrower Last Name | 0 | 9 | 0.00% |  |
| # of Units | 0 | 9 | 0.00% |  |
| Contract Sales Price | 0 | 2 | 0.00% |  |
| Debt Service Coverage Ratio | 6 | 7 | 85.71% | All variances were the result of rounding differences or other variations in what was captured from the credit reports. Mission verified all captured DSCR ratios met Guidelines. |
| Borrower Qualifying FICO | 0 | 9 | 0.00% |  |
| Borrower Qualifying DTI | 0 | 9 | 0.00% |  |
| Borrower Total Income | 0 | 9 | 0.00% |  |
| Occupancy | 0 | 9 | 0.00% |  |
| First Payment Date | 0 | 9 | 0.00% |  |
| Primary Appraised Value for LTV | 0 | 9 | 0.00% |  |
| Note Date | 0 | 9 | 0.00% |  |
| Note Type | 0 | 9 | 0.00% |  |
| Original Note Interest Rate | 0 | 9 | 0.00% |  |
| First Interest Rate Change Date | 0 | 9 | 0.00% |  |
| Original Loan Amount | 0 | 9 | 0.00% |  |
| Original LTV | 3 | 9 | 33.33% |  |
| Original P&I | 0 | 9 | 0.00% |  |
| Property Type | 1 | 9 | 11.11% | Property Type variations were a result of enumeration differences between the client bid tape and ASF property types designations. Primarily these are differences in Condo or attached family designations. Mission verified in each case that the property type met guideline requirements with verification from the property appraisal. |
| Purpose | 0 | 9 | 0.00% |  |
| Refi Purpose | 4 | 7 | 57.14% | Refi Purpose variations were a result of enumeration differences between the client bid tape and ASF Refi purpose designations. Mission verified in each case that the refi purpose met guideline requirements with verification from the property appraisal. |
| Property Street | 1 | 9 | 11.11% |  |
| Property City | 0 | 9 | 0.00% |  |
| Property State | 0 | 9 | 0.00% |  |
| Property Zip | 0 | 9 | 0.00% |  |

---

## Exhibit 99.43

**EXHIBIT 99.43**

**mission QM ATR Report**

![](tm2233586d1_ex99-43img001.jpg)

**QM/ATR REPORT**

**Verus 2023-1**

**Run Date - 12/9/2022 07:30:00 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Client Loan ID** | **Original Loan Amount** | **Lender Application Date** | **Originator QM Status** | **Final QM Status** | **Originator QM Status Difference than Final QM Status?** | **Reason Why NonQM Final Status** | **ATR Verified** | **Originator DTI** | **TPR Verified DTI** | **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** | **PITIA** | **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?** |
| xxxxxx | 758573 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | Yes | No | No | No | No |  | 5065.33 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  | Employed |  | No | Yes | Yes |
| xxxxxx | 758575 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | Yes | No | No | No |  |  | 3260.29 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  | Employed |  | No | Yes | Yes |
| xxxxxx | 758576 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | Yes | No | No | No |  |  | 4511.44 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | Yes | Yes |
| xxxxxx | 758691 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | No | No | No | No |  |  | 6244.03 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  | Employed | Employed | No | Yes | Yes |
| xxxxxx | 758712 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | No | No | No | No |  |  | 7132.46 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  | Employed |  | Yes | Yes | Yes |
| xxxxxx | 758766 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | Yes | No | No | No |  |  | 6302.87 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | Yes | Yes |
| xxxxxx | 758767 | xxxxxx | xxxxxx | Unkown | ATR/QM: Exempt | ATR/QM: Exempt | No | Appendix Q Documentation | Yes | 0 | 0 | No | No | No | No | No | No | Yes | No | No | No |  |  | 14862.02 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |  |  |  |  | No | Yes | Yes |
| xxxxxx | 758533 | xxxxxx | xxxxxx | Unkown | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | 39.85 | 31.41 | No | No | No | No | No | Yes | No | No | No | No | No | 4.158 | 3404.81 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 6932.88 | Yes | Employed |  | No | No | N/A |
| xxxxxx | 758700 | xxxxxx | xxxxxx | Unkown | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | No | Appendix Q Documentation | Yes | 17 | 16.08 | No | No | No | No | No | Yes | No | No | No | No | No | 3.998 | 3770.08 | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes | 26869 | Yes | Employed |  | No | No | N/A |

---

## Exhibit 99.44

**EXHIBIT 99.44**

**mission valuation report**

![](tm2233586d1_ex99-44img001.jpg)

**VALUATION REPORT**

**Verus 2023-1**

**Run Date - 12/9/2022 07:30:00 AM**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **ORIGINATION VALUES** | **SECOND APPRAISAL VALUE** |  |  |  |  | **AVM 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** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **FIELD REVIEW VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **BPO VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **SECOND FIELD REVIEW VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **2055 VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **UPDATED VALUES** | **COLLATERAL UNDERWRITER SCORES** | **COLLATERAL UNDERWRITER SCORES** | **COLLATERAL UNDERWRITER SCORES** |
| **Seller Loan ID** | **Client Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Total Adjusted Prior Purchase Price** | **Primary Appraised Value** | **Value for LTV** | **LTV** | **CLTV** | **Primary Appraisal Date** | **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 Vendor** | **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** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** |
| xxxxxx | 758573 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 48.82 | 48.82 | 05-08-2021 |  |  |  |  |  | xxxxxx | xxxxxx | -49.10% | 50 |  | Collateral Analytics | CA Value AVM | 10-11-2021 | xxxxxx | 0.0 | .000 | PRO TECK | REASONABLE | 10-15-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| xxxxxx | 758575 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 51.35 | 51.35 | 06-19-2021 |  |  |  |  |  | xxxxxx | xxxxxx | -29.30% | 52 |  | Collateral Analytics | CA Value AVM | 10-08-2021 | xxxxxx | 0.0 | .000 | Pro Teck | REASONABLE | 10-28-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| xxxxxx | 758576 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 55.56 | 55.56 | 05-08-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | 0.0 | .000 | Pro Teck | Reasonable | 10-18-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 758691 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 74.89 | 74.89 | 05-26-2021 |  |  |  |  |  | xxxxxx | xxxxxx | 87.70% | 56 |  | Collateral Analytics | CA Value AVM | 10-11-2021 | xxxxxx | 0.0 | .000 | Pro Teck | Reasonable | 10-16-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | No |  |
| xxxxxx | 758712 | xxxxxx | xxxxxx | xxxxxx |  | xxxxxx | xxxxxx | 75.00 | 75.00 | 07-21-2021 |  |  |  |  |  | xxxxxx | xxxxxx | -0.80% | 96 |  | Collateral Analytics | CA Value AVM | 10-12-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| xxxxxx | 758766 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 46.68 | 46.68 | 06-22-2021 |  |  |  |  |  | xxxxxx | xxxxxx | 13.00% | 86 |  | Collateral Analytics | CA Value AVM | 10-11-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 758767 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 60.61 | 60.61 | 07-02-2021 |  |  |  |  |  | xxxxxx | xxxxxx | -1.10% | 57 |  | Collateral Analytics | CA Value AVM | 10-11-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | N/A |  |
| xxxxxx | 758533 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 65.00 | 65.00 | 05-19-2021 |  |  |  |  |  | xxxxxx | xxxxxx | 29.50% | 96 |  | Collateral Analytics | CA Value AVM | 10-12-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 758700 | xxxxxx | xxxxxx | 0 |  | xxxxxx | xxxxxx | 55.00 | 55.00 | 07-20-2021 |  |  |  |  |  | xxxxxx | xxxxxx | 11.90% | 86 |  | Collateral Analytics | CA Value AVM | 10-11-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

## Exhibit 99.45

**EXHIBIT 99.45**

**the stonehill group, inc. ("TSG") narrative**

![](image_014.jpg)

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**Overview**

The StoneHill Group, Inc. ("TSG") performed certain due diligence services (the "Review") described below on loans backed by residential properties (both residential mortgage loans and Business Purpose Loans secured by residential properties or mixed-use properties being leased to generate income; together the "Loans") acquired by VMC Asset Pooler, LLC (the "Client"). The Review took place in 9/2021 through 11/2021 on Loans with origination dates in 8/2021 through 11/2021 with files imaged and provided by the Client or its designee.

**Sample size of the assets reviewed.**

During the securitization review process, the Client may have removed loans that were reviewed by TSG from the securitization for paid-in-full mortgage loans or other undisclosed items to TSG. The final population of the Review included 2 Loans totaling an original principal balance of approximately $1,077,500.00. The review conducted by TSG covered 100% of the securitization loan population to the best of TSG's knowledge and understanding.

Within this population (the "Residential Population") there were 2 Loans that were reviewed by TSG according to nationally recognized statistical rating organizations (NRSRO(s)) standards. NRSRO standards include guidance for compliance, credit, and valuation, among others.

**Determination of the sample size and computation.**

The Review was conducted consistent with the criteria, as may be relevant for this securitization, for the NRSRO(s) identified in Item 3 of the ABS Due Diligence-15E, S&P Global Ratings and Kroll Bond Rating Agency, LLC..

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

TSG compared data fields on the bid tape provided by the Client to the data found in the Loan file as captured during the Review. The fields captured varied dependent upon such Loan being in the Residential Population as defined below. Additional detail can be found in the result summary for Data Integrity below.

**NRSRO/RESIDENTIAL POPULATION (36 Fields)**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;LOAN NUMBER | &nbsp;&nbsp;LOAN TYPE | &nbsp;&nbsp;LAST NAME |
| &nbsp;&nbsp;FIRST NAME | &nbsp;&nbsp;FUNDED DATE | &nbsp;&nbsp;PROPERTY ADDRESS |
| &nbsp;&nbsp;PROPERTY CITY | &nbsp;&nbsp;PROPERTY STATE | &nbsp;&nbsp;PROPERTY ZIP |
| &nbsp;&nbsp;SSN | &nbsp;&nbsp;LOAN AMOUNT | &nbsp;&nbsp;MARGIN |
| &nbsp;&nbsp;APPRAISED VALUE | &nbsp;&nbsp;LTV | &nbsp;&nbsp;CLTV |
| &nbsp;&nbsp;LOAN PURPOSE | &nbsp;&nbsp;PROPERTY TYPE | &nbsp;&nbsp;AMORT TYPE |
| &nbsp;&nbsp;PROGRAM | &nbsp;&nbsp;OCCUPANCY | &nbsp;&nbsp;UNITS |
| &nbsp;&nbsp;TERM | &nbsp;&nbsp;LIEN | &nbsp;&nbsp;INTEREST RATE |
| &nbsp;&nbsp;SCORE |  |  |

---

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

TSG's review was differentiated by the purpose of the loan in question and the guidelines for such loan origination.

**Residential Population (2 Loans)**

TSG reviewed assets at 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 TSG. As applicable, a review of the mortgage loan file to the Automated Underwriting System output within the mortgage loan file was also performed.

![](image_014.jpg)

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**Credit Application:** For the Credit Application, TSG 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:** TSG'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, TSG: (i) captured the monthly consumer debt payments for use in required calculations as required by guidelines, (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 required by guidelines, 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:** TSG 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:** TSG 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, TSG completed a review of large deposits and completed the reserve calculation. 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 conducted. During the course of this review, TSG (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgagee 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 or DSCR calculations as applicable, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI/DSCR 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.

**Occupancy Review:** TSG 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:** As part of the review, TSG verified 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 as appliable or DSCR as applicable, (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:** TSG 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, TSG conditioned the mortgage loan for the missing fraud report product.

![](image_014.jpg)

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If a report was present, TSG 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, TSG 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:** TSG's review included a review of the chain of title and the time 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:** TSG 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 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 or other applicable approved formats at the time of origination.

TSG also 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)") where applicable, debt service coverage ratio (DSCR) where applicable, and/or loan-to-value ratios ("LTV(s)") were used in the assessment of conformity guidelines (if required by loan product guidelines).

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 History\* | &nbsp;&nbsp;Certification(s) of Non-Owner Occupancy and Indemnity\* |
| &nbsp;&nbsp;Background check | &nbsp;&nbsp;Environmental reports |  |

---

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

TSG'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. TSG'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

![](image_014.jpg)

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property type, (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 obtained from the appropriate authorities.

Regarding the use of comparable properties, TSG'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.

Additional facets of TSG'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 were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client if necessary (iv) confirming the appraisal report does not include any obvious 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 TSG, or if the valuation product was not directly accessible that another valuation product was directly accessible to TSG was ordered in accordance with the Client's specific valuation waterfall process. If more than one valuation was provided, TSG confirmed consistency among the valuation products. If there were discrepancies identified that could not be resolved, TSG created an exception.

**Residential Population (2 Loans)**

Please be advised that TSG did not determine whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly stated 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 TSG are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which TSG is relying in reaching such findings.

Regarding TILA-RESPA Integrated Disclosure ("TRID") testing, TSG implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Industry Group (the "SFIG Compliance Review Scope"). TSG will work with outside counsel as needed 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 TSG 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. TSG has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per TSG's suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that TSG has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by TSG will result in the potential level of risk indicated by an Event Level or NRSRO grade. Please note that investment properties were excluded from TRID testing.

Please be further advised that TSG does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by TSG do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to TSG. Information contained in any TSG report

![](image_014.jpg)

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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 TSG 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 TSG 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. TSG does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by TSG.

TSG 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).

&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

![](image_014.jpg)

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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, TSG 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,
TSG'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.

**(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;

![](image_014.jpg)

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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 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

![](image_014.jpg)

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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.)

&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)).

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

**Qualified Mortgage**

With respect to Qualified Mortgage designated mortgage loans, TSG reviews the mortgage loan to determine whether, based on available information in the mortgage loan file and information provided to us by the client regarding Revised QM options chosen by the institution during the optional adoption period from March 1, 2021 through July 1, 2021: (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) for loans with application dates prior to July 1, 2021, at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z); for loans with application dates of July 1, 2021 or after, at the interest rate-lock date, that the Price-Based Limitation calculation meets the requirement of the APR not exceeding the APOR for a comparable transaction by 2.25% or more.. 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, TSG reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, if the mortgage loan satisfied the requirements in the preceding paragraph. In addition, TSG reviews the Automated Underwriting System output within the file to confirm agency eligibility.

For each QM designated mortgage loan with an application date prior to July 1, 2021, that satisfied the applicable requirements enumerated above, TSG 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.).

![](image_014.jpg)

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For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, TSG 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.

 

**General Ability to Repay**

TSG 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.

 

TSG 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"). TSG 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. TSG's review is based on information contained in the mortgage loan file at the time it is provided to TSG 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) The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations;**

**(VII) 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;**

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

**(IX) Recording Review**

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

![](image_014.jpg)

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**(X) FIRREA Review**

TSG confirmed that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, TSG 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.

**(XI) Document Review**

TSG 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);

▪ Credit report;

▪ Income and employment documentation (as applicable – DTI);

▪ 4506T and/or 4506C as applicable;

▪ Asset documentation;

▪ Sales contract;

▪ Hazard and/or flood insurance policies;

▪ Copy of note for any junior liens;

▪ Appraisal;

▪ Title/Preliminary Title;

▪ Final 1003;

▪ Changed circumstance documentation;

▪ Right of Rescission Disclosure;

▪ Mortgage/Deed of Trust;

▪ Note;

▪ Mortgage Insurance;

▪ Tangible Net Benefit Disclosure;

▪ Subordination Agreement;

▪ FACTA disclosures;

▪ Notice of Special Flood Hazards;

▪ Initial and final GFE's;

▪ HUD from sale of previous residence;

▪ Final HUD-1;

▪ Initial TIL;

▪ Final TIL;

▪ Loan Estimates;

▪ Closing Disclosures; and

▪ Rent/Lease documentation (as applicable - DSCR loans)

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

**Item 5. Summary of findings and conclusions of review**

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the requirements of the NRSROs listed in Item 3 of the ABS Due Diligence-15E, S&P Global Ratings and Kroll Bond Rating Agency, LLC.

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**OVERALL RESULTS GRADING SUMMARY**

After considering the grading implications of the Compliance, Credit, and Property/Valuation sections below, 100% of the Loans by number in the pool possessed a grade of "A."

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Overall** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**COMPLIANCE RESULTS SUMMARY**

Of the 2 Loans, 100% of the Loans received an "A" compliance grade. The resulting Compliance Grades for the mortgage loans are as follows:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** | &nbsp;&nbsp;**Compliance Grade Summary** |
| &nbsp;&nbsp;**Compliance** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**CREDIT RESULTS SUMMARY**

Within the securitization population, 100% of the Loans possessed an "A" grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** | &nbsp;&nbsp;**Credit Grade Summary** |
| &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

**PROPERTY/VALUATION RESULTS SUMMARY**

Within the securitization population, 100% of the Loans possessed an "A" grade.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** | &nbsp;&nbsp;**Property Grade Summary** |
| &nbsp;&nbsp;**Property** | &nbsp;&nbsp;**# of Mortgage Loans** | &nbsp;&nbsp;**% of Mortgage Loans** |
| &nbsp;&nbsp;A | &nbsp;&nbsp;2 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**100.0%** |

---

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**DATA INTEGRITY REVIEW RESULTS SUMMARY**

TSG verified data field variances across 27 unique data fields. Some Loans may have exhibited multiple variances which, in some cases, may have resulted from blank data in a submitted data tape. A summary is provided below:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Field Label** | &nbsp;&nbsp;**Loans With Discrepancy** | &nbsp;&nbsp;**Total Times Compared** | &nbsp;&nbsp;**% <br> Variance** |
| &nbsp;&nbsp;AmortizationTerm | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;ApplicationDate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;ARInitialInterestRate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1Citizen | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1EmailorInternet | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;B1FirstName | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1LastName | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1SelfEmploymentFlag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;B1SSN | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50% |
| &nbsp;&nbsp;BaseLoanAmount | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50% |
| &nbsp;&nbsp;EscrowFlag | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;FirstPaymentDate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;InterestRate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LienPosition | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanAmount | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanProgram | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanPurpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;LoanType | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100% |
| &nbsp;&nbsp;LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 | &nbsp;&nbsp;50% |
| &nbsp;&nbsp;Margin | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;MonthInvoiced | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;NoteDate | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;NumberofUnits | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PrimaryAppraisedPropertyValue | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyAddress | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyCity | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyState | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyType | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;PropertyZipCode | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;SalesPrice | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |

---

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---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;2 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;ULI | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |
| &nbsp;&nbsp;YearBuilt | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;0% |

---

**ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY**

*The % of Loans totals may not add up to 100% due to rounding.*

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;ARM | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$680000.00 | &nbsp;&nbsp;63.11% |
| &nbsp;&nbsp;Fixed | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$397500.00 | &nbsp;&nbsp;36.89% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

 

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Original Term** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$1077500.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Occupancy** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;Investment | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$1077500.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

 

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property Type** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;Single Family Detached | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$680000.00 | &nbsp;&nbsp;63.11% |
| &nbsp;&nbsp;Two to Four Unit | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$397500.00 | &nbsp;&nbsp;36.89% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

 

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;Purchase | &nbsp;&nbsp;2.0 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;$1077500.00 | &nbsp;&nbsp;100.0% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

 

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Property State** | &nbsp;&nbsp;**Loan <br> Count** | &nbsp;&nbsp;**% of <br> Loans** | &nbsp;&nbsp;**Original Balance** | &nbsp;&nbsp;**% of <br> Balance** |
| &nbsp;&nbsp;FL | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$397500.00 | &nbsp;&nbsp;36.89% |
| &nbsp;&nbsp;CA | &nbsp;&nbsp;1.0 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;$680000.00 | &nbsp;&nbsp;63.11% |
| &nbsp;&nbsp;**Total** | &nbsp;&nbsp;**2.0** | &nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;**$1077500.00** | &nbsp;&nbsp;**100.0%** |

---

## Exhibit 99.46

**EXHIBIT 99.46**

**tsg rating agency grades detail report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Seller Loan ID** | **Customer 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?** |
| xxxxxx |  | 757808 A |  |  |  |  |  | A |  |  |  |  |  |  |  |  |  | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | xxxxxx | xxxxxx | Investment | Purchase NA |  |  |
| xxxxxx |  | 760832 B A | Closed | FCOM4028 | 2021-12-01 15:21 | 2021-12-01 16:37 | Resolved | 1 - Information B A | Compliance | Missing Doc | Missing evidence Mortgage/Deed of Trust will be recorded | Resolved- - Due Diligence Vendor-12/01/2021 <br>Ready for Review-Document Uploaded. - Seller-12/01/2021 <br>Open-Missing evidence of Mortgage recording - Due Diligence Vendor-11/23/2021 | Ready for Review-Document Uploaded. - Seller-12/01/2021<br>|  |  |  | xxxxxx recorded Deed of Trust.pdf | ATR/QM: Not Applicable | ATR/QM: Not Applicable | xxxxxx | xxxxxx | Investment | Purchase NA | N/A | N/A |

---

## Exhibit 99.47

**EXHIBIT 99.47**

**tsg rating agency grades summary report**

---

| | | | |
|:---|:---|:---|:---|
| **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** | **LOAN INFORMATION** |
| **Loan ID** | **Seller Loan ID** | **Customer Loan ID** | **Original Loan Amount** |
| xxxxxx |  | 757808 | xxxxxx A |
| xxxxxx |  | 760832 | xxxxxx A B |

---

## Exhibit 99.48

**EXHIBIT 99.48**

**tsg data compare report**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Transaction ID** | **Field Name** | **Source** | **Verified Value** | **Bid Tape Value** | **Comment** |
| xxxxxx | 757808 | xxxxxx | Loan Type | the1003Page | Conventional | Other |  |
| xxxxxx | 760832 | xxxxxx | Borrower 1 Email or Internet | the1003Page | false | xxxxxx |  |
| xxxxxx | 760832 | xxxxxx | LTV | propertyValuationPage | 79.44 | 80 |  |
| xxxxxx | 760832 | xxxxxx | Borrower 1 SSN | the1003Page | xxxxxx | xxxxxx |  |
| xxxxxx | 760832 | xxxxxx | CLTV | propertyValuationPage | 79.44 | 80 |  |

---

## Exhibit 99.49

**EXHIBIT 99.49**

**tsg atr qm report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Seller 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?** |
| xxxxxx | 757808 |  | xxxxxx | Non-QM: Lender documented all ATR UW factors | ATR/QM: Exempt | Yes | Appendix Q Documentation | N/A | No | No | No | No |  | Yes | No | No | No | Yes | 29520 |  | Yes | Yes | N/A | Yes | Yes | Yes | N/A | Yes | Yes | Yes |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/ | Employed |  | No |  | Yes | Present |
| xxxxxx | 760832 |  | xxxxxx | ATR/QM: Not Applicable | ATR/QM: Not Applicable | No | Appendix Q Documentation |  | No |  | No | No |  | Yes | No | No | No |  |  |  | Yes | N/A | N/A | N/A | Yes | N/A | N/A | Yes | Yes | N/A |  |  |  |  | No |  | Yes |  |

---

## Exhibit 99.50

**EXHIBIT 99.50**

**tsg valuation report**

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Loan ID** | **Customer Loan ID** | **Borrower Name** | **Seller Loan ID** | **Note Date** | **Original Loan Amount** | **Sales Price** | **Primary Appraised Value** | **Value for LTV** | **Primary Appraisal Date** | **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 Vendor** | **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** | **Updated Appraised Value** | **Updated Variance Amount** | **Updated Variance Percent** | **Updated Company** | **Updated Appraisal Date** | **Updated Appraisal Type** | **Loan Collateral Advisor Risk Score** | **Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?** | **Collateral Underwriter Risk Score** | **Total Adjusted Prior Purchase Price** |
| xxxxxx | 757808 | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 07-15-2021 |  |  |  |  |  | xxxxxx | xxxxxx | -24.00% | 50 |  |  | 08-09-2021 | xxxxxx | 0.0 | .000 | Pro Teck Valuation Intelligence | Reasonable | 07-15-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| xxxxxx | 760832 | xxxxxx |  | xxxxxx | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 10-19-2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |

---

## Exhibit 99.51

**EXHIBIT 99.51**

**opus capital markets consultants, llc ("Opus") due diligence Executive summary**

![](tm2233586d1_ex99-51img01.jpg)

Verus 2023-1

Opus Capital Markets Consultants, LLC

Verus 2023-1

**Executive Narrative**

**December 28, 2022**

**Performed by** 

**Opus Capital Markets Consultants, LLC**

**For** 

**VMC Asset Pooler, LLC**

This report summarizes the results of a due diligence review performed on a pool of 8 loans purchased by VMC Asset Pooler, LLC ("Client" or "Customer") from clients of Opus Capital Markets Consultants, LLC ("Consultant" or "Opus"). Consultant performed a detailed credit, compliance and value review on all loans and the diligence results were provided to the Customer under the terms of a reliance letter.

As detailed herein, the 8 loans were DSCR loans and are re-underwritten in accordance with the lender guidelines for DSCR loans in terms of Exhibit A.

Opus was established in 2005 and acquired by Wipro Ltd in January 2014. Loaning Hub, Inc./Owls Partners acquired Opus December 2022.

EXHIBIT A

&nbsp;&nbsp;&nbsp;&nbsp;1. Credit Qualification

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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1. Borrower
 Underwriting:

1.1.1.Borrower Liquidity

Review and confirm borrower's liquidity position adheres to Underwriting Guidelines.

1.1.2.Credit / Background Check

Review and confirm each guarantor and/or owner of the borrowing entity requirements meet Underwriting Guidelines, including OFAC.

1.1.3.Property management questionnaire

Review the questionnaire to confirm management experience meets Underwriting Guidelines.

1.1.4.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;&nbsp;&nbsp;&nbsp;&nbsp;1.2. 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;&nbsp;&nbsp;&nbsp;&nbsp;1.3. Permitted
 Loan Terms

Verus 2023-1

Confirm the loan terms are eligible per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4. 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;1.5 DSCR—ensure
 components of Debt Service Coverage Ratio are identified correctly

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5.1 Recalculation
 of DSCR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6. 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;1.7. Condominium
 Eligibility

Confirm Condo Master Policy is present and meets the Underwriting Guidelines

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8. 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;&nbsp;&nbsp;&nbsp;&nbsp;1.9. 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.

2. Document Review

Verify that each loan file contains the following material documentation and that each document is complete and accurate in all material respects.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1. Loan
 Application

Verify the presence and completeness of the loan application. Leases, market rent addendum, and 12-month operating history

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2. Business
 Purpose Certification/Affidavit

Verify the presence and completeness of the Business Purpose Certification / Affidavit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3. Credit
 Report / Background Check

Verify the presence of a credit report for each borrower and a background check to the Underwriting Guidelines. Confirm that the credit report was pulled within the timing requirements allowable per the Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4. Proof
 of Liquidity / Assets

Confirm the presence of adequate asset documentation to comply with the Underwriting Guidelines and investor overlay requirements for closing funds, reserves and borrower liquidity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5. 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 Underwriting Guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6. Property
 Valuation

Verify that each loan file contains adequate appraisal and other third-party valuation tools to satisfy the minimum required documentation under the Underwriting Guidelines. Confirm that market rent addendum is included in appraisal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7. Collateral
 Documentation

Verus 2023-1

Confirm the presence, completeness, and proper vesting of required collateral documentation including note, allonge, mortgage/deed of trust, riders, subordination agreements, assignments, purchase and sale agreements, guaranty, settlement statements and title policies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8. Borrower
 Rehabilitation Budget (if applicable)

If property rehabilitation is contemplated, validate the presence and completeness of the Borrower Rehabilitation Budget

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9. P&S
 Agreement or Trustee Receipt (if applicable)

Confirm presence of P&S Agreement or Trustee Receipt if property was acquired in the previous 90 days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10. Operating
 Agreement / Partnership Agreement / Bylaws (if applicable)

Confirm presence of Operating Agreement / Partnership Agreement / Bylaws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11. Certificate
 of good standing from state of organization (if applicable)

Confirm presence of Certificate of good standing from state of organization if property located in state other than state of domicile; if entity formed >30 days, hard copy; if formed <30 days, hard copy within 30 days post-closing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12. Completed
 condominium questionnaire (if applicable)

Confirm presence of completed condominium questionnaire if collateral is part of condominium association.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13. Copy
 of the condominium master insurance policy/certificate (if applicable)

Confirm presence of the condominium master insurance policy/certificate if collateral is part of condominium association.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14. Other
 Documents (if applicable)

Confirm presence of inspection reports, explanation letters, etc. as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15. Flood
 Certificate

Confirm presence of Flood Certificate

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16. Flood
 Insurance (if applicable)

Confirm presence of Flood Insurance if applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17 HUD-1/Closing Statement

Confirm presence of HUD-1 or Closing Statement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18 Property Management Questionnaire

Confirm presence of Property Management Questionnaire

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19 Guaranty

Confirm presence of Guaranty

3. Misrepresentation and Third Party Product Review

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 Misrepresentation 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.1 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.2 Alerts

Verus 2023-1

Assess credit report alerts for accuracy and potential issues.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.3 Social Security
 Numbers

Compare SSN(s) across all file documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.4 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.5 Data Consistency

Review the documents contained in the loan file for consistency of data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1.6 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.1 For
 loans seasoned less than 12 months a retroactive desk review will generally be ordered. If
 the retroactive desk review supports the origination appraised value within a 10% variance
 no additional products will be required. If the retroactive desk review does not support
 the original appraised value within a 10% variance, a secondary valuation product such as
 a field review or drive-by appraisal will be required. If the loan is seasoned more than
 12 months generally a BPO can be ordered. The seasoning and products can be adjusted to meet
 specific rating agency requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2 Consultant
 will also perform the following steps

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1 Based
 on review of the original appraisal

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1.1 Property
 is complete

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1.2 Value
 is based on as-is condition

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1.3 Property
 is described as average or better condition

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1.4 No
 apparent appraiser independence violation statements

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.1.5 Appraisal
 addresses any adverse comments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.2 Appraisal
 is completed on appropriate GSE Form

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.2.1 Appraisal
 contains required attachments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.2.3 Appraiser
 was appropriately licensed at the time the appraisal was signed

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.3 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4 Value
 Review Disclaimer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4.1 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4.2 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4.3 Opus
 is not an Appraisal Management Company ("AMC") and therefore does not opine on
 the actual value of the underlying property.

Verus 2023-1

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2.4.4 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.3** **Title Reports** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.1 If
 the loan is season over 24 months Consultant will facilitate the ordering of title reports.
 Consultant and client agree the vendor providing the title reports will be responsible for
 issuing a separate 15E.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3.2 Consultant
 is not responsible for the accuracy of the title reports, nor makes any representations or
 warranties with respect to any of the information contained in the title reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 Updated FICO Scores

If the FICO score contained in the loan file is aged more than 6 months, an updated FICO score will be required.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.1 No
 apparent damage to the property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.2 Property
 appears to be occupied

**Multiple Loans to One Borrower:** TPR firm reviewed common identifiers for all loans in the population and confirmed there was 1 obligor with multiple loans in the pool.

4. Data Compare

Client will provide a data tape with the following data fields and Consultant will compare the field to the applicable source document and report any variance. Consultant and Client can mutually agree to change the listed fields on a review by review basis.

4.1 – Appraised Value

4.2 – CLTV

4.3 – DTI

4.4 – FICO

4.5 – Interest Only

4.6 – Interest Rate

4.7 – Loan Term

4.8 – Loan Purpose

4.9 – LTV

4.10 – Occupancy

4.11 – Original Balance

4.12 – Property Address

4.13 – Property City

4.14 – Property State

4.15 – Property Type

4.16 – Sales Price

4.17 – Second Mortgage Lien Amount

4.18 – Self-Employed

4.19 – Units

4.20 – Zip Code

4.21 – Loan Type

4.22 – QM Status

Verus 2023-1

**Exhibit B**

**Grading Criteria**

&nbsp;&nbsp;&nbsp;&nbsp;1. Fitch 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.

&nbsp;&nbsp;&nbsp;&nbsp;2. Moody's 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.

&nbsp;&nbsp;&nbsp;&nbsp;3. Kroll 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.

&nbsp;&nbsp;&nbsp;&nbsp;4. Standard & Poor's 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.

&nbsp;&nbsp;&nbsp;&nbsp;5. DBRS 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.

&nbsp;&nbsp;&nbsp;&nbsp;6. 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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.1** Opus
 Credit Grades

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.1 Opus Level
 1 Credit Grade Definition

Loan was originated in accordance with the Underwriting Guidelines without exception.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.2 Opus Level
 2 Credit Grade Definition

Loan was originated in substantial compliance with the Underwriting Guidelines and there are sufficient compensating factors for any exceptions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.3 Opus Level
 3 Credit Grade Definition

Loan was not originated in substantial compliance with the Underwriting Guidelines and there are insufficient compensating factors for the exceptions or is missing material documentation.

Verus 2023-1

**EXHIBIT C**

**REDACTED INFORMATION**

• borrower name

• co-borrower name

• SSNs

• borrower age

• any address, city, county, MSA, ZIP, phone numbers

• account number, including originator and servicer loan number.

• origination date, first payment date, closing document date, e-consent date, GFE date, HUD-1 date, loan estimate date, lock date, maturity date and note date

• names of borrowers or any other individuals

• company and entity names

• financial institution names

• job position titles and industry

• any address

• any location information (other than state), including city, county, MSA, ZIP and MLS number

• account numbers of any type

• insurance claim numbers

• insurance policy numbers

• foreclosure action dates and case number

• bankruptcy action dates and case number

• any reference that would allow the identification of the location of a property (eg. neighborhood, body of water, schools, major highway, legal description, plat information, year built, square footage, FEMA disaster)

• Appraisals, AVM/BPO values and variances, LTV, desktop review values and variances, field review value/variances

• bankruptcy action dates and case number

Verus 2023-1

**<u>Pool Details</u>**

![](tm2233586d1_ex99-51img02.jpg)

Verus 2023-1

![](tm2233586d1_ex99-51img03.jpg)

Verus 2023-1

**<u>Tape Discrepancies</u>**

---

| | | |
|:---|:---|:---|
| **Data Element** | **Count** | **Accuracy** |
| &nbsp;&nbsp;Application Date | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;3 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Borrower First Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Borrower Last Name | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Cash Out Amount | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;CLTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;DTI | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;FICO | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Junior Lien Balance | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Term | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Loan Type | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;LTV | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;7 | &nbsp;&nbsp;12.50% |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;Number of Borrowers | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Occupancy | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Loan Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original P&I | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Payment | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Original Rate | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Property Address | &nbsp;&nbsp;3 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Property City | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property County | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property State | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;1 | &nbsp;&nbsp;87.50% |
| &nbsp;&nbsp;Qualifying FICO | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Sales Price | &nbsp;&nbsp;4 | &nbsp;&nbsp;50.00% |
| &nbsp;&nbsp;Second Mortgage Lien Amount | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Self Employed | &nbsp;&nbsp;0 | &nbsp;&nbsp;100.00% |
| &nbsp;&nbsp;Units | &nbsp;&nbsp;3 | &nbsp;&nbsp;62.50% |
| &nbsp;&nbsp;Zip Code | &nbsp;&nbsp;2 | &nbsp;&nbsp;75.00% |
| &nbsp;&nbsp;**Total Loans** | &nbsp;&nbsp;**8** |  |

---

Verus 2023-1

**<u>Loan Grading Definitions</u>**

**<u>Credit</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;S&P | &nbsp;&nbsp;Moodys | &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;Moodys | &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 |

---

Verus 2023-1

**<u>Property Valuation</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;Moodys | &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 effect 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 effect 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 |

---

Verus 2023-1

**<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 December 21, 2022.

![](tm2233586d1_ex99-51img04.jpg)

Verus 2023-1

![](tm2233586d1_ex99-51img05.jpg)

Verus 2023-1

**<u>Loans Reviewed (8 Loans)</u>**

---

| |
|:---|
| &nbsp;&nbsp;771181 |
| &nbsp;&nbsp;771182 |
| &nbsp;&nbsp;771183 |
| &nbsp;&nbsp;771184 |
| &nbsp;&nbsp;771185 |
| &nbsp;&nbsp;771186 |
| &nbsp;&nbsp;747005 |
| &nbsp;&nbsp;747008 |

---

If you have any questions, please contact Greer Allgood at (912) 856-1727

Verus 2023-1

## Exhibit 99.52

**EXHIBIT 99.52**

**opus exception report**

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Customer Loan ID** | **Loan Exception ID** | **Exception ID** | **Exception Category** | **Exception Sub Category** | **Exception Description** | **Exception Comments** | **Seller Response** | **Reviewer Response** | **Loan Attributes** | **Exception Status** | **Initial Exception Grade** | **Final Exception Grade** | **Subject to Predatory Lending** | **HUD Category** | **Reviewer Loan ID** | **Deal** |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 1 | Lender guidelines allow a minimum appraised value of $100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-05) Client - Please waive - exception accepted by xxxxxx | (2022-05-05) Client Acknowledged -- Waived | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 2 | Lender guidelines allow a minimum appraised value of 100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-05) Please waive - exception accepted by xxxxxx | (2022-05-05) Client Acknowledged -- Waived | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Background Check is dated after loan closing - Borrower 1 | Background Check for xxxxxx is dated xxxxxx after the closing date xxxxxx. | (2022-05-03) Condition waived by client. Client provided 3rd party fraud tool post-closing. | (2022-05-03) Condition waived by client. Client provided 3rd party fraud tool post-closing. | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Missing Closing Instructions | Missing Closing Instructions |  | (2022-05-03) Client provided closing instructions. Condition is cleared. | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Cleared | 3 | 1 D A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Missing Third Party Fraud Tool (Report) - Borrower 1 | This file is missing a third party fraud report for xxxxxx. Please provide an industry standard fraud tool along with any supporting document based on fraud report findings. Please provide Fraud Report with OFAC search. Additional conditions may apply. |  | (2022-05-03) Client provided Third Party Fraud Tool. Condition cleared. | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Cleared | 3 | 1 D A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Required Documentation is Missing | The loan file is missing background / fraud check for borrowing entity as required per guidelines xxxxxx E. |  | (2022-05-05) Client provided documents supporting guidelines. Condition cleared. | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Cleared | 3 | 1 D A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771181 | xxxxxx | xxxxxx | Credit |  | Subject property does not meet guidelines | Subject property does not meet underwriting guidelines due to: appraised value is less than guideline minimum for properties 4 & 5. |  | (2022-05-24) Condition accepted by xxxxxx. Condition cleared. | Experienced investor owns 4 properties; $78,927.13 reserves; 1.67 DSCR | Cleared | 3 | 1 C A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraisal in file is dated greater than 5 months from closing - Property 1 | Appraisal in file is dated greater than 5 months from closing for property address xxxxxx.<br>The exception status is currently Active.<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client<br> Condition waived by client.  | (2022-05-19) "xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraisal in file is dated greater than 5 months from closing - Property 2 | Appraisal in file is dated greater than 5 months from closing for property address xxxxxx.<br>The exception status is currently Active.<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)". Condition waived by client.<br> Condition waived by client.  | (2022-05-19) "xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)". Condition waived by client. | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraisal in file is dated greater than 5 months from closing - Property 3 | Appraisal in file is dated greater than 5 months from closing for property address xxxxxx.<br>The exception status is currently Active.<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client. <br> Condition waived by client | (2022-05-19) "xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client. | (2022-05-19) Condition waived by client | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraisal in file is dated greater than 5 months from closing - Property 4 | Appraisal is dated greater than 5 months from closing for property address xxxxxx.<br>The exception status is currently Active.<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client. <br>Condition waived by client.  | (2022-05-19) "xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)<br> xxxxxx - Appraisal Recert provided dated xxxxxx (No variance to value)" Condition waived by client.  | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 1 | Lender guidelines allow a minimum appraised value of $100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx that accepted the loan as is | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 2 | Lender guidelines allow a minimum appraised value of 100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-19) Condition waived by client. <br> (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx partner that accepted the loan as is |  | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 3 | Lender guidelines allow a minimum appraised value of 100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxxfor property at xxxxxx. | (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx that accepted the loan as is | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Background Check is dated after loan closing - Borrower 1 | Background Check for xxxxxx is dated xxxxxx after the closing date xxxxxx.<br>Condition waived by client. Background check dated after closing. <br> The exception status is currently Acknowledged by Client.<br> Condition waived by client. Background check dated after closing. <br>Condition waived by client. | (2022-05-13) Condition waived by client. Background check dated after closing.  | (2022-05-13) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Debt Service Coverage Ratio below guideline minimum | Debt Service Coverge Ratio of 0.93 is below guideline minimum of 1.00. |  | (2022-11-30) DSCR is within GLS. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Cleared | 3 | 1 C A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Incomplete Final Application | All pages of the final application were not provided | (2022-05-17) Client uploaded final application | (2022-05-17) Credit application is Present<br> (2022-05-17) Final application received- cleared | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Cleared | 3 | 1 D A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Loan-to-Value exceeds guidelines | Lender guidelines requires a maximum LTV of 75.00 % however the current LTV of the subject is 80.95% . |  | (2022-11-30) LTV meets guidelines. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Cleared | 3 | 1 C A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Pending Valuation Review - Desk Review not within tolerance - Property 4 | The As-Is value is xxxxxx from the Appraisal dated xxxxxx compared to the Desk Review dated xxxxxx with a value of xxxxxx is greater than 10% for property address xxxxxx. |  | (2022-11-30) Desk Review Variance is within 10%. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Cleared | 3 | 1 C A | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx | xxxxxx | Credit |  | Subject property does not meet guidelines | Subject property does not meet underwriting guidelines due to: none of the 13 properties meet the minimum property value of $100,000 per xxxxxx section 3.A.2. |  | (2022-05-19) Client waived all conditions related to this finding, rendering it not applicable. Client Acknowledged -- Waived | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 9.56 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 1 | Lender guidelines allow a minimum appraised value of $100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx that accepted the loan as is. Waived by client. | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 2 | Lender guidelines allow a minimum appraised value of 100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx that accepted the loan as is. Waived by client. | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Appraised Value is less than guideline minimum - Property 3 | Lender guidelines allow a minimum appraised value of 100000.00, per the appraisal, the subject As-Is Appraised Value is xxxxxx for property at xxxxxx. | (2022-05-19) Please waive this exception as we were comfortable moving forward with the loan given the size of the pool, the borrower's experience as an instituational xxxxxx, and that we have a xxxxxx xxxxxx that accepted the loan as is. Waived by client | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Background Check is dated after loan closing - Borrower 1 | Background Check for xxxxxx is dated xxxxxx after the closing date xxxxxx.<br>Background check dated after closing is waived by client. Acknowledged and waived by client.<br> The exception status is currently Acknowledged by Client.<br> Background check for xxxxxx and for xxxxxx are dated xxxxxx which is after the closing date of xxxxxx. Background checks must be dated within 90 days of the note date per guidelines Appendix F.<br> Background check dated after closing is waived by client. Acknowledged and waived by client.<br> Condition waived by client.  | (2022-05-13) Background check dated after closing is waived by client. Acknowledged and waived by client. | (2022-05-13) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Required Documentation is Missing | The loan file is missing current active lease agreements for xxxxxx per xxxxxx section 3.D.3. | (2022-05-19) For the following, we are requesting to waive the proof of income exception as we are able to reasonably tell that the tenants are in place and the borrower has provided indication that they are paying the amounts identified on the appraisal. Because we are considering the in-place amount without any of the escalations we are comfortable proceeding. <br>xxxxxx - Lease expires xxxxxx and not MTM (section dd) but 1 yr extension to xxxxxx w/ 3% bump. <br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 2 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $850, while the in-place rent indicated and used is $775. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - Lease expires xxxxxx and not MTM (section dd) but 1 yr extension to xxxxxx w/ 3% bump. <br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 2 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $800, while the in-place rent indicated and used is $755. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - Lease expired on xxxxxx (start on xxxxxx) and is not MTM<br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 9 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $835, while the in-place rent indicated and used is $700. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - Lease expires xxxxxx and not MTM (section dd) but 1 yr extension to xxxxxx w/ 3% bump. Please confirm status (stay w/ 3% or vacate)<br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 2 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $850, while the in-place rent indicated and used is $740. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - Lease expires xxxxxx and not MTM (section dd) but 1 yr extension to xxxxxx w/ 6% bump. <br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 8 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $675, while the in-place rent indicated and used is $725. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - Lease expires xxxxxx and not MTM (section dd) but 1 yr extension to xxxxxx w/ 3% bump. <br> The borrower has confirmed they have not received a notice prior to the end of the lease term, so the 1 year extension of the lease has been put in place 4 times since the initiation of the lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $775, while the in-place rent indicated and used is $600. The in-place rent used does not include any rent escalations even after the extensions.<br>xxxxxx - MTM lease per page 1 but section dd outlines that this is not a MTM lease. Please provide verification of payment<br> The borrower has confirmed this is and has remained a month-to-month lease. Per the appraisal, the property is tenant occupied and the interior images indicate there is someone occupying the property. The market rent indicated and used when underwritten is $850, while the in-place rent indicated and used is $800. Condition waived by client. | (2022-05-19) Condition waived by client. | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx | xxxxxx | Credit |  | Subject property does not meet guidelines | Subject property does not meet underwriting guidelines due to: all 15 properties reflected on the Note do not meet the minimum property value of $100,000 per guidelines section 3.A.1. |  | (2022-05-19) Condition is no longer applicable after client waived the individual appraisal values. Client Acknowledged -- Waived | FICO is higher than guidelines. FICO is: 746 and the guideline is:700.; UW Guides require 0.00 months reserves, loan qualified with 52.43 months reserves. | Acknowledged by Client | 2 | 2 B | Not Applicable |  | xxxxxx | xxxxxx |

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## Exhibit 99.53

**EXHIBIT 99.53**

**opus data compare**

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Customer Loan ID** | **Name** | **Data Field** | **Tape Data** | **Review Data** | **Tape Discrepancy Comments** | **Deal #** |
| xxxxxx | 771181 | xxxxxx | Appraisal Value | xxxxxx | xxxxxx | Subject appraisal $xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771181 | xxxxxx | Interest Only | No | Yes | I/O pulled from note. | xxxxxx |
| xxxxxx | 771181 | xxxxxx | Number of Units | 5 | 2 | Subject is 2 unit. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771181 | xxxxxx | Property Address | xxxxxx | xxxxxx | Subject is xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771181 | xxxxxx | Property Type | Single Family Detached (non PUD) | 2 Family | Subject is 2 unit. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771181 | xxxxxx | Sales Price | xxxxxx |  | Subject is a refinance. | xxxxxx |
| xxxxxx | 771182 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 771182 | xxxxxx | Sales Price | xxxxxx |  | Subject is a refinance. | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Appraisal Value | xxxxxx | xxxxxx | Subject appraisal $xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771183 | xxxxxx | FICO | 743 | 746 | FICO pulled from credit report | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Number of Units | 13 | 1 | Subject is 1 unit. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Property Address | xxxxxx | xxxxxx | Subject is xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Property Zip | xxxxxx | xxxxxx | Subject zip is xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771183 | xxxxxx | Sales Price | xxxxxx |  | Subject is a refinance. | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Appraisal Value | xxxxxx | xxxxxx | Subject appraisal $xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Number of Units | 15 | 1 | Subject is 1 unit. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Property Address | xxxxxx | xxxxxx | Subject is xxxxxx. Subject is cross collateralized | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Property Zip | xxxxxx | xxxxxx | Subject zip is xxxxxx Subject is cross collateralized | xxxxxx |
| xxxxxx | 771184 | xxxxxx | Sales Price | xxxxxx |  | Subject is a refinance. | xxxxxx |
| xxxxxx | 771185 | xxxxxx | CLTV | 67.97% | 75.00% | CLTV calculated on value/loan amount. | xxxxxx |
| xxxxxx | 771185 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 771186 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 747008 | xxxxxx | Cash Out Amount | 0 | 10940.95 | Cash in hand and back taxes pulled from HUD 1. | xxxxxx |
| xxxxxx | 747008 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | First payment date pulled from note. | xxxxxx |
| xxxxxx | 747008 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Maturity date pulled from note. | xxxxxx |
| xxxxxx | 747008 | xxxxxx | Note Date | xxxxxx | xxxxxx | Note date pulled from Note. | xxxxxx |
| xxxxxx | 747005 | xxxxxx | Cash Out Amount | 0 |  | Subject is a purchase | xxxxxx |
| xxxxxx | 747005 | xxxxxx | FICO | 718 | 712 | FICO pulled from credit report | xxxxxx |
| xxxxxx | 747005 | xxxxxx | First Payment Date | xxxxxx | xxxxxx | First Payment Date pulled from credit report | xxxxxx |
| xxxxxx | 747005 | xxxxxx | LTV | 80.00% | 74.46% | LTV calculated on value/loan amount. | xxxxxx |
| xxxxxx | 747005 | xxxxxx | Maturity Date | xxxxxx | xxxxxx | Date pulled from Note. | xxxxxx |
| xxxxxx | 747005 | xxxxxx | Note Date | xxxxxx | xxxxxx | Date pulled from Note. | xxxxxx |
| xxxxxx | 747005 | xxxxxx | Original Rate | 5.3 | 5.4 | Rate pulled from Note. | xxxxxx |

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## Exhibit 99.54

**EXHIBIT 99.54**

**opus rating agency gradess**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Customer Loan ID** | **Initial Loan Grade** | **Final Loan Grade** | **Reviewer Loan ID** | **Deal #** |
| xxxxxx | 771181 | 3 | 2 D B A | xxxxxx | xxxxxx |
| xxxxxx | 771182 | 1 | 1 A | xxxxxx | xxxxxx |
| xxxxxx | 771183 | 3 | 2 D B A | xxxxxx | xxxxxx |
| xxxxxx | 771184 | 2 | 2 B A | xxxxxx | xxxxxx |
| xxxxxx | 771185 | 1 | 1 A | xxxxxx | xxxxxx |
| xxxxxx | 771186 | 1 | 1 A | xxxxxx | xxxxxx |
| xxxxxx | 747005 | 1 | 1 A | xxxxxx | xxxxxx |
| xxxxxx | 747008 | 1 | 1 A | xxxxxx | xxxxxx |

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## Exhibit 99.55

**EXHIBIT 99.55**

**opus atr report**

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| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Seller Loan ID** | **Customer Loan ID** | **Channel** | **Rate Lock Date** | **Application Date** | **Borrower Employment Indicator** | **Co Borrower Employment Indicator** | **Borrower Citizenship Indicator** | **Co Borrower Citizenship Indicator** | **Residual Income** | **Points And Fees** | **Points And Fees Without Reductions** | **APR** | **Qualifying Interest Rate** | **Average Prime Offer Rate** | **GSE Eligibility** | **Originator QM/ATR Status** | **TPR QM/ATR Status** | **QM2.0 VSH Status** | **Non QM Reason** | **TRID** | **Deal #** | **Reviewer Loan ID** |
| xxxxxx | 771181 | xxxxxx |  |  |  |  | Foreign National |  |  |  |  | 0.000 | 0.10625 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 771182 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.07000 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 771183 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.09750 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 771184 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.09750 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 771185 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.07000 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 771186 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.06750 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 747005 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.00000 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |
| xxxxxx | 747008 | xxxxxx |  |  |  |  | US |  |  |  |  | 0.000 | 0.00000 |  |  |  | Not Covered/Exempt | Not Applicable |  | No | xxxxxx | xxxxxx |

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## Exhibit 99.56

**EXHIBIT 99.56**

**opus valuation report**

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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** | **AVM Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **Desk Review Values** | **BPO Values** | **BPO Values** | **BPO Values** | **BPO Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **Field Review Values** | **2055 Values** | **2055 Values** | **2055 Values** | **2055 Values** | **Other Updated Values** | **Other Updated Values** | **Other Updated Values** | **Other Updated Values** | **Other Updated Values** |  |  |  |
| **Customer Loan ID** | **Seller Loan ID** | **Original Loan Amount** | **Sale Price** | **Appraisal Value** | **Appraisal Date** | **Appraisal Valuation Type** | **Second Appraisal Value** | **Second Appraisal Date** | **Second Appraisal Type** | **Field Review Value** | **Field Review Date** | **Recertification Value** | **Recertification Date** | **Variance Amount** | **Variance Percent** | **Value Used for LTV** | **Estimated Value** | **Value Date** | **Variance Amount** | **Variance Percent** | **Company** | **Model Name** | **Confidence Score** | **FSD Score** | **Value** | **Value Date** | **Variance Amount** | **Variance Percent** | **Company** | **Value** | **Value Date** | **Variance Amount** | **Variance Percent** | **Value** | **Value Date** | **Variance Amount** | **Variance Percent** | **Value** | **Value Date** | **Variance Amount** | **Variance Percent** | **Value Updated** | **Value Date** | **Report Type** | **Variance Amount** | **Variance Percent** | **Collateral Underwriter/Loan Collateral Advisor Risk Score** | **Deal #** | **Reviewer Loan ID** |
| 771181 | xxxxxx | xxxxxx |  | MP | MP | MP |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | MP | MP | MP | MP | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 771182 | xxxxxx | xxxxxx |  | xxxxxx | 4/5/2022 | URAR Form 1004 |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | 4/14/2022 | $0.00 | 0.00% | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 771183 | xxxxxx | xxxxxx |  | MP | MP | MP |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | MP | MP | MP | MP | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 771184 | xxxxxx | xxxxxx |  | MP | MP | MP |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | MP | MP | MP | MP | MP |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 771185 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 4/19/2022 | URAR Form 1004 |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | 5/4/2022 | $0.00 | 0.00% | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 771186 | xxxxxx | xxxxxx | xxxxxx | xxxxxx | 4/15/2022 | Form 1025 |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | 4/22/2022 | $0.00 | 0.00% | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 747008 | xxxxxx | xxxxxx |  | xxxxxx | 10/11/2019 | URAR Form 1004 |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | 11/19/2019 | $0.00 | 0.00% | Pro Teck |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |
| 747005 | xxxxxx | xxxxxx |  | xxxxxx | 10/15/2019 | Form 1073 |  |  |  |  |  |  |  | $0.00 | 0.00% | xxxxxx |  |  |  |  |  |  |  |  | xxxxxx | 12/4/2019 | $0.00 | 0.00% | Clear Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | xxxxxx | xxxxxx |

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